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Independent Bank Corp

NAS:INDBFinancial ServicesCBOEFTSE:MRUTNASDAQ:BANK

$80.88+1.79%At closeAt close · Wed 21 Oct · ≈ AED 297.03 · Market cap $3.83B · Next earnings Thu 21 Jan

USD billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	YoY
Cash & cash equivalents	1.3	2.2	0.4	0.2	0.2	0.2	+4.5%
Cash & short-term investments	1.7	3.8	1.8	1.6	0.4	0.2	−36.1%
Receivables	0.0	0.0	0.0	0.0	0.0	0.0	—
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	—
Total current assets	1.7	3.8	1.8	1.6	0.4	0.2	−37.4%
Property, plant & equipment	0.1	0.2	0.2	0.2	0.2	0.2	+12.9%
Goodwill & intangibles	0.5	1.0	1.0	1.0	1.0	1.2	+22.7%
Long-term investments	10.1	14.6	15.5	15.7	16.9	22.3	+31.6%
Total assets	13.2	20.4	19.3	19.3	19.4	24.9	+28.6%
Payables	0.0	0.0	0.0	0.0	0.0	0.0	—
Short-term debt	0.0	0.0	0.0	0.0	0.0	0.4	—
Total current liabilities	11.0	16.9	15.9	14.9	15.3	0.4	−97.3%
Long-term debt	0.2	0.2	0.1	1.2	0.7	0.4	−39.3%
Total debt	0.2	0.2	0.1	1.2	0.7	0.9	+28.5%
Net debt	(1.1)	(2.1)	(0.2)	1.0	0.5	0.7	+39.5%
Deferred revenue	0.0	0.0	0.0	0.0	0.0	0.0	—
Total liabilities	11.5	17.4	16.4	16.5	16.4	21.3	+30.3%
Total equity	1.7	3.0	2.9	2.9	3.0	3.6	+19.1%
Retained earnings	0.7	0.8	0.9	1.1	1.2	1.3	+8.2%