Independent Bank Corp. (INDB)

USD 54.63

(-0.49%)

Net Debt Summary of Independent Bank Corp.

  • Independent Bank Corp.'s latest annual net debt in 2023 was 1.05 Billion USD , up 538.45% from previous year.
  • Independent Bank Corp.'s latest quarterly net debt in 2024 Q1 was 804.07 Million USD , down -23.45% from previous quarter.
  • Independent Bank Corp. reported annual net debt of -239.55 Million USD in 2022, up 88.53% from previous year.
  • Independent Bank Corp. reported annual net debt of -2.08 Billion USD in 2021, down -87.2% from previous year.
  • Independent Bank Corp. reported quarterly net debt of 804.07 Million USD for 2024 Q1, down -23.45% from previous quarter.
  • Independent Bank Corp. reported quarterly net debt of 464.39 Million USD for 2024 Q3, up 22.37% from previous quarter.

Annual Net Debt Chart of Independent Bank Corp. (2023 - 1991)

Historical Annual Net Debt of Independent Bank Corp. (2023 - 1991)

Year Net Debt Net Debt Growth
2023 1.05 Billion USD 538.45%
2022 -239.55 Million USD 88.53%
2021 -2.08 Billion USD -87.2%
2020 -1.11 Billion USD -833.31%
2019 152.12 Million USD 1743.54%
2018 8.25 Million USD 115.84%
2017 -52.09 Million USD 60.09%
2016 -130.53 Million USD -100.14%
2015 -65.22 Million USD -313.76%
2014 30.51 Million USD 9.46%
2013 27.87 Million USD -83.81%
2012 172.22 Million USD 104.89%
2011 84.05 Million USD -64.39%
2010 236.03 Million USD -29.55%
2009 335.04 Million USD -28.94%
2008 471.48 Million USD 59.69%
2007 295.25 Million USD -7.64%
2006 319.67 Million USD -20.62%
2005 402.73 Million USD -24.11%
2004 530.66 Million USD 76.62%
2003 300.44 Million USD 29.09%
2002 232.74 Million USD -8.34%
2001 253.93 Million USD 80.08%
2000 141.01 Million USD -35.06%
1999 217.15 Million USD -4.76%
1998 228 Million USD 57.35%
1997 144.9 Million USD 440.67%
1996 26.8 Million USD 151.74%
1995 -51.8 Million USD -104.74%
1994 -25.3 Million USD 50.97%
1993 -51.6 Million USD 35.09%
1992 -79.5 Million USD -32.28%
1991 -60.1 Million USD 0.0%

Peer Net Debt Comparison of Independent Bank Corp.

Name Net Debt Net Debt Difference
Heritage Financial Corporation 296.79 Million USD -253.893%
LCNB Corp. 177.05 Million USD -493.217%
Medallion Bank -109.19 Million USD 1061.89%
MidWestOne Financial Group, Inc. 341.84 Million USD -207.253%
Amerant Bancorp Inc. 625.3 Million USD -67.971%
Northrim BanCorp, Inc. -85.45 Million USD 1329.127%
Northwest Bancshares, Inc. 585.12 Million USD -79.506%
Old National Bancorp 4.9 Billion USD 78.566%
OP Bancorp 23.12 Million USD -4441.95%
Pioneer Bancorp, Inc. -150.79 Million USD 796.521%
Peoples Bancorp Inc. 402.72 Million USD -160.808%
Peoples Financial Services Corp. 43.88 Million USD -2293.36%
Pinnacle Financial Partners, Inc. 936.21 Million USD -12.189%
Republic Bancorp, Inc. 196.59 Million USD -434.272%
Richmond Mutual Bancorporation, Inc. 251.26 Million USD -318.012%
Red River Bancshares, Inc. -301.65 Million USD 448.183%
BayCom Corp 68.05 Million USD -1443.417%
Riverview Bancorp, Inc. 100.29 Million USD -947.268%
Burke & Herbert Bank & Trust Company 236.66 Million USD -343.795%
Shore Bancshares, Inc. -287.25 Million USD 465.637%
Southern Missouri Bancorp, Inc. 186.6 Million USD -462.873%
Brookline Bancorp, Inc. 1.27 Billion USD 17.663%
Territorial Bancorp Inc. 192.63 Million USD -445.233%
Texas Capital Bancshares, Inc. -883.7 Million USD 218.855%
Capital Bancorp, Inc. -704 Thousand USD 149294.034%
William Penn Bancorporation 37.84 Million USD -2675.41%
WesBanco, Inc. 1.13 Billion USD 7.833%
Waterstone Financial, Inc. 580.12 Million USD -81.051%
Wintrust Financial Corporation 1.15 Billion USD 9.109%
Zions Bancorporation, National Association 2.53 Billion USD 58.6%
The First Bancshares, Inc. 166.52 Million USD -530.72%
First Community Corporation 76.55 Million USD -1271.935%
First Guaranty Bancshares, Inc. -10.71 Million USD 9899.645%
First Interstate BancSystem, Inc. 3.09 Billion USD 66.028%
FinWise Bancorp -110.48 Million USD 1050.616%
Fifth Third Bancorp 16.89 Billion USD 93.782%
Farmers & Merchants Bancorp, Inc. 190.93 Million USD -450.108%
First United Corporation 108.15 Million USD -871.175%
Hope Bancorp, Inc. -24.97 Million USD 4306.015%
MainStreet Bancshares, Inc. 40.96 Million USD -2464.085%
Landmark Bancorp, Inc. 67 Million USD -1467.464%
Flushing Financial Corporation 757.89 Million USD -38.585%
Pinnacle Financial Partners, Inc. 936.21 Million USD -12.189%
FS Bancorp, Inc. 60.26 Million USD -1642.904%
Renasant Corporation -71.95 Million USD 1559.78%
TFS Financial Corporation 4.79 Billion USD 78.086%
First Financial Corporation 99.03 Million USD -960.518%
United Security Bancshares 33.86 Million USD -3001.417%
USCB Financial Holdings, Inc. 153.36 Million USD -584.872%
Valley National Bancorp 2.81 Billion USD 62.7%
WSFS Financial Corporation -197.82 Million USD 630.94%
Auburn National Bancorporation, Inc. -37.96 Million USD 2866.783%
Merchants Bancorp 390.95 Million USD -168.656%
Cullman Bancorp, Inc. 30.61 Million USD -3330.868%
Columbia Banking System, Inc. 2.59 Billion USD 59.517%
Fidelity D & D Bancorp, Inc. 22.17 Million USD -4636.959%
First Guaranty Bancshares, Inc. -10.71 Million USD 9899.645%
Merchants Bancorp 390.95 Million USD -168.656%
Mid Penn Bancorp, Inc. 276.06 Million USD -280.466%
NBT Bancorp Inc. 460.42 Million USD -128.121%
Southern California Bancorp 81.97 Million USD -1181.292%
Civista Bancshares, Inc. 394.19 Million USD -166.448%
Simmons First National Corporation 792.28 Million USD -32.569%
HomeStreet, Inc. 1.78 Billion USD 41.295%
MVB Financial Corp. -299.04 Million USD 451.223%
CrossFirst Bankshares, Inc. -133.46 Million USD 886.991%
First Mid Bancshares, Inc. 487.38 Million USD -115.503%
Veritex Holdings, Inc. -299.28 Million USD 450.951%
Kearny Financial Corp. 1.66 Billion USD 36.775%
HarborOne Bancorp, Inc. 365.63 Million USD -187.261%
NB Bancorp, Inc. Common Stock 192.85 Million USD -444.625%
OptimumBank Holdings, Inc. 1.18 Million USD -88535.105%
Univest Financial Corporation 250.11 Million USD -319.931%
Bank OZK -874.79 Million USD 220.065%
OceanFirst Financial Corp. 984.54 Million USD -6.682%
The Bank of Princeton -10.25 Million USD 10345.084%
Provident Bancorp, Inc. -111.46 Million USD 1042.301%
Mercantile Bank Corporation 709.41 Million USD -48.055%
Premier Financial Corp. 264.39 Million USD -297.253%
Citizens Financial Services, Inc. 276.33 Million USD -280.09%
Oconee Federal Financial Corp. 55.95 Million USD -1777.258%
First Financial Northwest, Inc. 97.27 Million USD -979.727%
ESSA Bancorp, Inc. 290 Million USD -262.181%
First Western Financial, Inc. -65.49 Million USD 1703.772%
Triumph Financial, Inc. 118.78 Million USD -784.239%
QCR Holdings, Inc. 520.35 Million USD -101.85%
ChoiceOne Financial Services, Inc. 180.78 Million USD -480.987%
Blue Foundry Bancorp 378.25 Million USD -177.679%
Huntington Bancshares Incorporated 2.07 Billion USD 49.333%
First Bank 29.82 Million USD -3421.748%
Five Star Bancorp -78.08 Million USD 1445.158%
Financial Institutions, Inc. 218.87 Million USD -379.868%
CF Bankshares Inc. -131.43 Million USD 899.11%
United Bankshares, Inc. 480.31 Million USD -118.677%
Capital City Bank Group, Inc. 32.81 Million USD -3100.652%
RBB Bancorp -116.69 Million USD 1000.045%
Southern States Bancshares, Inc. 29.66 Million USD -3440.982%
Northeast Bank 123.28 Million USD -751.956%
Hawthorn Bancshares, Inc. 64.24 Million USD -1534.774%
SmartFinancial, Inc. -244.72 Million USD 529.188%
AmeriServ Financial, Inc. 101.52 Million USD -934.508%
FFBW, Inc. -5.06 Million USD 20824.665%
Sandy Spring Bancorp, Inc. 750.18 Million USD -40.009%
Citizens & Northern Corporation 158.45 Million USD -562.871%
Preferred Bank -722.85 Million USD 245.303%
Primis Financial Corp. 68.43 Million USD -1434.779%
Union Bankshares, Inc. 65.42 Million USD -1505.488%
CNB Financial Corporation -117.15 Million USD 996.496%
Sound Financial Bancorp, Inc. 6.84 Million USD -15237.704%
Fulton Financial Corporation 2.05 Billion USD 48.776%
Generations Bancorp NY, Inc. 4.69 Million USD -22295.011%
Ames National Corporation 100.57 Million USD -944.3%
United Bancorp, Inc. 87.56 Million USD -1099.523%
SB Financial Group, Inc. 102.43 Million USD -925.318%
Wintrust Financial Corporation 1.15 Billion USD 9.109%
Hanmi Financial Corporation 199.09 Million USD -427.563%
Commerce Bancshares, Inc. 228.06 Million USD -360.544%
BOK Financial Corporation 6.47 Billion USD 83.773%
Southern First Bancshares, Inc. 299.14 Million USD -251.109%
Middlefield Banc Corp. 119.03 Million USD -782.397%
Eagle Bancorp Montana, Inc. 211.69 Million USD -396.162%
Coastal Financial Corporation -429.27 Million USD 344.677%
Glen Burnie Bancorp 14.97 Million USD -6912.458%
Northfield Bancorp, Inc. (Staten Island, NY) 726.19 Million USD -44.635%
CNB Financial Corporation -117.15 Million USD 996.496%
Investar Holding Corporation 268.03 Million USD -291.862%
West Bancorporation, Inc. 530.68 Million USD -97.92%
Plumas Bancorp 30.4 Million USD -3355.02%
Eagle Bancorp, Inc. 704.79 Million USD -49.025%
SR Bancorp, Inc. Common stock -43.5 Million USD 2514.21%
Columbia Financial, Inc. 1.12 Billion USD 6.386%
First Community Bankshares, Inc. -77.36 Million USD 1457.554%
Pathfinder Bancorp, Inc. 162.87 Million USD -544.874%
Popular, Inc. -6.18 Billion USD 116.973%
TowneBank -635.77 Million USD 265.204%
Arrow Financial Corporation -85.81 Million USD 1323.899%
Colony Bankcorp, Inc. 214.93 Million USD -388.671%
Trustmark Corporation 140.35 Million USD -648.341%
Wintrust Financial Corporation 1.15 Billion USD 9.109%
Finward Bancorp 32.53 Million USD -3128.296%
Provident Financial Holdings, Inc. 187.12 Million USD -461.299%
Eastern Bankshares, Inc. -644.86 Million USD 262.877%
Esquire Financial Holdings, Inc. -163.02 Million USD 744.269%
Bank First Corporation -118.74 Million USD 984.53%
Peapack-Gladstone Financial Corporation 365.72 Million USD -187.192%
Camden National Corporation 444.56 Million USD -136.261%
Stock Yards Bancorp, Inc. 320.6 Million USD -227.609%
BCB Bancorp, Inc. 243.49 Million USD -331.36%
Oak Valley Bancorp -180.06 Million USD 683.294%
Summit State Bank -50.87 Million USD 2164.523%
MainStreet Bancshares, Inc. 40.96 Million USD -2464.085%
C&F Financial Corporation 37.25 Million USD -2719.137%
Valley National Bancorp 2.81 Billion USD 62.7%
SHF Holdings, Inc. 10.19 Million USD -10203.713%
Bridgewater Bancshares, Inc. 285.94 Million USD -267.314%
Westamerica Bancorporation -113.33 Million USD 1026.72%
Chemung Financial Corporation 3.95 Million USD -26490.532%
Hancock Whitney Corporation 328.91 Million USD -219.33%
Fifth Third Bancorp 16.89 Billion USD 93.782%
Sierra Bancorp 495.92 Million USD -111.79%
ACNB Corporation 188.83 Million USD -456.225%
City Holding Company 278.58 Million USD -277.029%
Rhinebeck Bancorp, Inc. 124.92 Million USD -740.792%
Enterprise Financial Services Corp -249.38 Million USD 521.165%
PB Bankshares, Inc. 36.84 Million USD -2750.429%
Ponce Financial Group, Inc. 577.66 Million USD -81.822%
Guaranty Bancshares, Inc. 137.33 Million USD -664.786%
Broadway Financial Corporation 292.26 Million USD -259.376%
Lake Shore Bancorp, Inc. -17.76 Million USD 6012.999%
Affinity Bancshares, Inc. -10.02 Million USD 10577.067%
Business First Bancshares, Inc. 430.12 Million USD -144.19%
Amalgamated Financial Corp. 245 Million USD -328.699%
German American Bancorp, Inc. 119.96 Million USD -775.498%
Citizens Community Bancorp, Inc. 111.54 Million USD -841.633%
Meridian Corporation 177.03 Million USD -493.287%
Capitol Federal Financial, Inc. 2.17 Billion USD 51.81%
Old Second Bancorp, Inc. 416.48 Million USD -152.191%
First National Corporation -22.55 Million USD 4756.732%
Huntington Bancshares Incorporated 2.07 Billion USD 49.333%
Western New England Bancorp, Inc. 139.08 Million USD -655.196%
Hingham Institution for Savings 1.33 Billion USD 21.076%
CFSB Bancorp, Inc. -15.73 Million USD 6776.367%
Old National Bancorp 4.9 Billion USD 78.566%
Bank7 Corp. -196.73 Million USD 633.884%
Carver Bancorp, Inc. -1.87 Million USD 56177.202%
Fifth Third Bancorp 16.89 Billion USD 93.782%
Bank OZK -874.79 Million USD 220.065%
Hanover Bancorp, Inc. 22.74 Million USD -4517.832%
OceanFirst Financial Corp. 984.54 Million USD -6.682%
Fulton Financial Corporation 2.05 Billion USD 48.776%
Equity Bancshares, Inc. -26.36 Million USD 4083.336%
Ameris Bancorp -468.88 Million USD 324.006%
Pathward Financial, Inc. 410.35 Million USD -155.956%
Independent Bank Group, Inc. -45.79 Million USD 2393.338%
Bank of Marin Bancorp 18.75 Million USD -5501.44%
Carter Bankshares, Inc. 338.87 Million USD -209.949%
First Citizens BancShares, Inc. 4.01 Billion USD 73.859%
1st Source Corporation 341.56 Million USD -207.508%
BancFirst Corporation -2.3 Billion USD 145.623%
Huntington Bancshares Incorporated 2.07 Billion USD 49.333%
South Plains Financial, Inc. -210.36 Million USD 599.299%
Old National Bancorp 4.9 Billion USD 78.566%
Independent Bank Corporation -35.4 Million USD 3066.771%
S&T Bancorp, Inc. 318.72 Million USD -229.536%
PCB Bancorp -183.2 Million USD 673.306%
Parke Bancorp, Inc. -9.81 Million USD 10806.687%
Bogota Financial Corp. 142.76 Million USD -635.728%
Pacific Premier Bancorp, Inc. 41.48 Million USD -2431.577%
Catalyst Bancorp, Inc. 367 Thousand USD -286092.371%
SHF Holdings, Inc. 10.19 Million USD -10203.713%
BayFirst Financial Corp. -42.07 Million USD 2596.378%
Patriot National Bancorp, Inc. 150.33 Million USD -598.671%
MetroCity Bankshares, Inc. 191.49 Million USD -448.476%
First Capital, Inc. -5.57 Million USD 18936.549%
Peoples Bancorp of North Carolina, Inc. 24.63 Million USD -4163.379%
Mid-Southern Bancorp, Inc. 29.27 Million USD -3487.914%
Texas Capital Bancshares, Inc. -883.7 Million USD 218.855%
Orrstown Financial Services, Inc. 125.83 Million USD -734.712%
First Hawaiian, Inc. -1.17 Billion USD 189.308%
First Merchants Corporation 502.38 Million USD -109.069%
Signature Bank 6.18 Billion USD 83.011%
Enterprise Bancorp, Inc. 53.11 Million USD -1877.456%
TriCo Bancshares 663.24 Million USD -58.363%
First Business Financial Services, Inc. 191.4 Million USD -448.742%
Zions Bancorporation, National Association 2.53 Billion USD 58.6%
Midland States Bancorp, Inc. 530.15 Million USD -98.119%
First Financial Bankshares, Inc. -132.51 Million USD 892.639%
Merchants Bancorp 390.95 Million USD -168.656%
Tectonic Financial, Inc. -25.76 Million USD 4176.245%
First US Bancshares, Inc. -27.42 Million USD 3929.812%
The Bancorp, Inc. -890.22 Million USD 217.984%
Merchants Bancorp 390.95 Million USD -168.656%
Alerus Financial Corporation 248.98 Million USD -321.845%
Old Point Financial Corporation 24.47 Million USD -4190.723%
ConnectOne Bancorp, Inc. 783.47 Million USD -34.06%
John Marshall Bancorp, Inc. -5.85 Million USD 18051.222%
First Bancorp 410.13 Million USD -156.092%
Community West Bancshares 105.13 Million USD -899.017%
The First Bancorp, Inc. 34.87 Million USD -2911.774%
Farmers National Banc Corp. 414.76 Million USD -153.233%
First Internet Bancorp - Fixed- 313.87 Million USD -234.633%
International Bancshares Corporation -1.02 Million USD 102172.498%
Washington Federal, Inc. 3.31 Billion USD 68.348%
Bridgewater Bancshares, Inc. 285.94 Million USD -267.314%
Bank of the James Financial Group, Inc. -4.48 Million USD 23497.772%
Valley National Bancorp 2.81 Billion USD 62.7%
Lakeland Financial Corporation -101.82 Million USD 1131.511%
The First of Long Island Corporation 506.55 Million USD -107.348%
CVB Financial Corp. 2.07 Billion USD 49.411%
Orange County Bancorp, Inc. 109.85 Million USD -856.102%
Heritage Commerce Corp -336.95 Million USD 411.713%
First Financial Bancorp. 357.17 Million USD -194.066%
National Bankshares, Inc. -85.47 Million USD 1328.796%
Virginia National Bankshares Corporation 51.53 Million USD -1938.083%
TrustCo Bank Corp NY 84.18 Million USD -1147.611%
First Busey Corporation -196 Million USD 635.875%
Dime Community Bancshares, Inc. 1.11 Billion USD 5.47%
Triumph Financial, Inc. 118.78 Million USD -784.239%
Zions Bancorporation, National Association 2.53 Billion USD 58.6%
Greene County Bancorp, Inc. 8.07 Million USD -12915.192%
WesBanco, Inc. 1.13 Billion USD 7.833%
Midland States Bancorp, Inc. 530.15 Million USD -98.119%
Huntington Bancshares Incorporated 2.07 Billion USD 49.333%
NSTS Bancorp, Inc. -28.37 Million USD 3801.068%
Dime Community Bancshares, Inc. 1.11 Billion USD 5.47%
UMB Financial Corporation -1.3 Billion USD 180.54%
1895 Bancorp of Wisconsin, Inc. 60.06 Million USD -1648.533%
Home Federal Bancorp, Inc. of Louisiana -8.24 Million USD 12834.311%
Timberland Bancorp, Inc. 20 Million USD -5151.63%
Cathay General Bancorp 535.73 Million USD -96.054%
HomeTrust Bancshares, Inc. 130.58 Million USD -704.324%
CB Financial Services, Inc. -31.76 Million USD 3407.072%
First Savings Financial Group, Inc. 350.24 Million USD -199.885%
HBT Financial, Inc. 5.56 Million USD -18767.002%
Kentucky First Federal Bancorp 51.4 Million USD -1943.277%
Fifth Third Bancorp 16.89 Billion USD 93.782%
FVCBankcorp, Inc. 53.33 Million USD -1869.152%
Magyar Bancorp, Inc. 26.33 Million USD -3888.176%
Heartland Financial USA, Inc. 699.73 Million USD -50.104%
First Merchants Corporation 502.38 Million USD -109.069%
Third Coast Bancshares, Inc. -155.21 Million USD 776.678%
ECB Bancorp, Inc. 116.3 Million USD -803.118%
Republic First Bancorp, Inc. -107.6 Million USD 1076.076%
Heartland Financial USA, Inc. 699.73 Million USD -50.104%
Unity Bancorp, Inc. 177.3 Million USD -492.37%
Franklin Financial Services Corporation 125.1 Million USD -739.535%
SouthState Corporation -280.84 Million USD 473.984%
Bankwell Financial Group, Inc. -94.66 Million USD 1209.531%
Banner Corporation 459.33 Million USD -128.662%
Hancock Whitney Corporation - 6 328.91 Million USD -219.33%
Washington Federal, Inc. 3.31 Billion USD 68.348%
Sterling Bancorp, Inc. (Southfield, MI) -520.65 Million USD 301.731%
Stellar Bancorp, Inc. -239.47 Million USD 538.601%
Atlantic Union Bankshares Corporation 746.67 Million USD -40.668%
Great Southern Bancorp, Inc. 212.47 Million USD -394.334%
ConnectOne Bancorp, Inc. 783.47 Million USD -34.06%
First Citizens BancShares, Inc. 4.01 Billion USD 73.859%
Norwood Financial Corp. 136.2 Million USD -671.136%
First Citizens BancShares, Inc. 4.01 Billion USD 73.859%
Enterprise Financial Services Corp -249.38 Million USD 521.165%
First Foundation Inc. 255.82 Million USD -310.566%
Seacoast Banking Corporation of Florida 77.83 Million USD -1249.409%
Northeast Community Bancorp, Inc. 425 Thousand USD -247035.529%
Southside Bancshares, Inc. 379.57 Million USD -176.708%
BankFinancial Corporation -129.86 Million USD 908.795%
United Bancshares, Inc. -8.87 Million USD 11938.661%
Penns Woods Bancorp, Inc. 363.63 Million USD -188.843%
First Seacoast Bancorp 66.93 Million USD -1469.103%
Home Bancorp, Inc. 187.98 Million USD -458.735%
Texas Community Bancshares, Inc. 59.18 Million USD -1674.619%
Bank of South Carolina Corporation 80.71 Million USD -1201.262%
First Northwest Bancorp 204.1 Million USD -414.596%
First Internet Bancorp 313.87 Million USD -234.633%
Ohio Valley Banc Corp. -73.82 Million USD 1522.666%
TC Bancshares, Inc. -11.93 Million USD 8899.067%
HMN Financial, Inc. 2.36 Million USD -44367.655%
IF Bancorp, Inc. 48.42 Million USD -2068.84%
Horizon Bancorp, Inc. 937.13 Million USD -12.079%