Financial Services - Banks - Regional - NASDAQ - US
$ 72.22
0.459 %
$ 3.06 B
Market Cap
15.7
P/E
BALANCE SHEET
19.3 B
ASSETS
16.5 B
LIABILITIES
2.9 B
EQUITY
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition
Independent Bank Corp.
| Current Assets | 224 M |
| Cash & Short-Term Investments | 224 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 21.9 B |
| Long-Term Investments | 2.93 B |
| PP&E | 247 M |
| Other Non-Current Assets | 18.7 B |
| Current Liabilities | 10.6 B |
| Accounts Payable | 0 |
| Short-Term Debt | 1.12 B |
| Other Current Liabilities | 9.44 B |
| Non-Current Liabilities | 16.5 B |
| Long-Term Debt | 113 M |
| Other Non-Current Liabilities | 16.3 B |
Balance Sheet
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 224.3 | 352.9 | 2 240.7 | 1 296.6 | 151.0 | 250.5 | 213.1 | 289.1 | 275.8 | 178.3 | 216.3 | 215.5 | 237.5 | 161.3 | 121.9 | 50.0 | 67.4 | 62.8 | 66.3 | 63.0 | 75.5 | 71.3 | 67.0 | 58.0 | 48.9 | 86.2 | 65.0 | 53.5 | 80.7 | 59.1 | 58.6 | 88.1 | 69.6 | ||||||
| Short Term Investments | (2 779.8) | 1 399.2 | 1 571.1 | 412.9 | 426.4 | 442.8 | 447.5 | 363.6 | 367.2 | 348.6 | 356.9 | 329.3 | 305.3 | 377.5 | 508.6 | 100 K | 444.3 | 75.5 | 63.7 | 2.7 | 527.5 | 3.2 | 6.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 025.2 | 3 759.0 | 3 561.7 | 2 779.0 | 2 108.2 | 2 174.3 | 2 190.9 | 1 951.4 | 1 642.0 | 1 492.9 | 0 | 1 822.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Total Current Assets | 224.3 | 1 752.1 | 3 811.8 | 1 709.5 | 577.4 | 7 407.4 | 6 799.6 | 6 548.0 | 6 076.4 | 5 396.5 | 5 144.1 | 5 032.0 | 4 262.7 | 3 920.3 | 3 683.6 | 2 829.1 | 2 175.6 | 2 237.0 | 2 257.2 | 2 014.4 | 1 717.5 | 1 564.3 | 67.0 | 1 880.5 | 48.9 | 86.2 | 65.0 | 53.5 | 80.7 | 59.1 | 58.6 | 88.1 | 69.6 | ||||||
| PP&E | 247.1 | 196.5 | 195.6 | 116.4 | 123.7 | 97.6 | 94.7 | 78.5 | 75.7 | 64.1 | 65.0 | 55.2 | 48.3 | 45.7 | 44.2 | 36.4 | 39.1 | 37.3 | 37.4 | 36.4 | 32.5 | 30.9 | 29.9 | 30.4 | 14.3 | 15.2 | 12.8 | 10.6 | 8.9 | 7.1 | 7.8 | 8.4 | 9.6 | ||||||
| Intangible Assets | 18.2 | 25.1 | 32.8 | 23.1 | 29.3 | 15.2 | 9.3 | 9.8 | 11.8 | 9.9 | 12.2 | 11.8 | 10.6 | 12.3 | 16.6 | 9.3 | 2.1 | 1.5 | 1.8 | 2.1 | 0 | 2.0 | 36.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Goodwill | 985.1 | 985.1 | 985.1 | 506.2 | 506.2 | 256.1 | 231.8 | 221.5 | 201.1 | 170.4 | 170.4 | 150.4 | 130.1 | 129.6 | 129.3 | 116.4 | 58.3 | 55.1 | 55.1 | 55.2 | 36.2 | 36.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Long Term Investments | 2 930.9 | 3 129.3 | 2 664.9 | 1 162.3 | 1 190.7 | 1 075.2 | 946.5 | 851.5 | 845.1 | 724.0 | 707.5 | 507.6 | 518.5 | 587.8 | 608.2 | 635.8 | 491.2 | 495.6 | 687.3 | 789.8 | 650.6 | 652.0 | 702.0 | 583.4 | 431.1 | 480.1 | 440.0 | 317.3 | 259.5 | 261.0 | 266.5 | 194.6 | 156.2 | ||||||
| Other Long Term Assets | (4 181.3) | (4 335.9) | (3 878.3) | (1 808.0) | (1 849.8) | 266.7 | 257.2 | 276.3 | 6 664.3 | 5 972.4 | 5 653.9 | (218.3) | 0 | 0 | 2.2 | 127.2 | 62.5 | 59.0 | 59.8 | 103.2 | 36.2 | 38.3 | 6.3 | 39.1 | (445.4) | (495.3) | (452.8) | (327.9) | (268.4) | (268.1) | (274.3) | (203.0) | (165.8) | ||||||
| Other Assets | (2 761.5) | 13 206.2 | 12 733.3 | 9 686.8 | 8 967.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 096.0 | 0 | 1 095.7 | 993.6 | 852.2 | 711.4 | 638.5 | 602.0 | 496.8 | 516.0 | 610.9 | ||||||
| Total Assets | 19 347.4 | 19 294.2 | 20 423.4 | 13 204.3 | 11 395.2 | 8 851.6 | 8 082.0 | 7 709.4 | 7 210.0 | 6 364.9 | 6 099.2 | 5 757.0 | 4 970.2 | 4 695.7 | 4 482.0 | 3 628.5 | 2 768.4 | 2 828.9 | 3 041.7 | 2 943.9 | 2 436.8 | 2 285.4 | 2 199.2 | 1 950.0 | 1 590.1 | 1 575.1 | 1 370.0 | 1 092.8 | 987.6 | 929.2 | 829.7 | 807.1 | 846.3 | ||||||
| LIABILITIES | |||||||||||||||||||||||||||||||||||||||
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Short Term Debt | 1 119.0 | 13.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 330.3 | 4.8 | 6.5 | 7.0 | 72.8 | 194.9 | 314.2 | 140.5 | 78.0 | 20.0 | 25.0 | 0 | 0 | 0 | ||||||
| Other Current Liabilities | (1 119.0) | (13.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (330.3) | (4.8) | (6.5) | (7.0) | (72.8) | (194.9) | (314.2) | (140.5) | (78.0) | (20.0) | (25.0) | (5.0) | (4.8) | (6.4) | ||||||
| Total Current Liabilities | 10 560.7 | 9 752.2 | 10 293.6 | 6 835.6 | 5 733.3 | 147.8 | 3 647.7 | 176.9 | 134.0 | 147.9 | 154.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210.1 | 330.3 | 4.8 | 6.5 | 7.0 | 72.8 | 194.9 | 1 450.5 | 1 248.8 | 1 011.7 | 910.2 | 25.0 | 0 | 0 | 0 | ||||||
| Long Term Debt | 113.4 | 113.4 | 200.0 | 221.3 | 303.1 | 258.7 | 0 | 0 | 0 | 208.8 | 244.2 | 375.7 | 321.6 | 397.3 | 456.9 | 524.4 | 362.7 | 493.6 | 469.0 | 263.3 | 371.1 | 297.6 | 313.9 | 126.2 | 71.2 | 0 | 69.4 | 2.3 | 8.9 | 8.8 | 7.0 | 8.6 | 9.5 | ||||||
| Deferred Tax Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Other Liabilities | (113.4) | (113.4) | 17 205.0 | 11 280.3 | 9 383.9 | 7 519.4 | 0 | 0 | 0 | 5 367.7 | 5 109.2 | 2 421.0 | (321.6) | (397.3) | (456.9) | (524.4) | (362.7) | (493.6) | (469.0) | (263.3) | (371.1) | (297.6) | (313.9) | (126.2) | (71.2) | 0 | (69.4) | (2.3) | (4.1) | (8.8) | (7.0) | (8.6) | (9.5) | ||||||
| Total Liabilities | 16 452.1 | 16 407.5 | 152.4 | 181.1 | 303.1 | 7 778.1 | 7 138.2 | 6 844.7 | 6 438.6 | 5 724.4 | 5 507.7 | 5 227.7 | 4 501.2 | 4 259.3 | 4 069.4 | 3 323.2 | 2 547.9 | 2 599.1 | 2 813.5 | 2 733.2 | 2 217.1 | 2 076.4 | 1 990.6 | 1 783.9 | 1 463.2 | 1 450.5 | 1 248.7 | 1 011.7 | 915.0 | 865.0 | 772.3 | 754.4 | 815.0 | ||||||
| EQUITY | |||||||||||||||||||||||||||||||||||||||
| Common Stock | 0.4 | 0.5 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Earnings | 1 077.5 | 934.4 | 766.7 | 716.0 | 654.2 | 546.7 | 465.9 | 414.1 | 368.2 | 330.4 | 293.6 | 263.7 | 239.5 | 210.3 | 184.6 | 177.5 | 164.6 | 175.1 | 175.3 | 152.1 | 129.8 | 110.9 | 92.8 | 77.0 | 67.5 | 56.1 | 45.8 | 36.7 | 28.7 | 20.9 | 14.0 | 9.3 | 9.2 | ||||||
| Other Accumulative Comprehensive Income/Loss | (111.5) | (163.1) | 2.2 | 40.7 | 18.2 | (1.2) | (1.8) | (1.3) | (2.5) | (2.1) | (7.4) | (4.5) | (4.5) | (0.8) | 2.8 | (7.6) | (2.9) | (3.9) | (7.0) | 0.9 | 3.3 | 15.7 | 5.1 | 3.0 | (3.8) | 0 | 1.4 | 100 K | 100 K | (0.3) | 0 | 0 | 0 | ||||||
| Total Equity | 2 895.3 | 2 886.7 | 3 018.4 | 1 702.7 | 1 708.1 | 1 073.5 | 943.8 | 864.7 | 771.5 | 640.5 | 591.5 | 529.3 | 469.1 | 436.5 | 412.6 | 305.3 | 220.5 | 229.8 | 228.2 | 210.7 | 219.7 | 209.0 | 208.6 | 166.0 | 126.9 | 124.6 | 121.3 | 81.1 | 72.6 | 64.2 | 57.4 | 52.7 | 31.3 | ||||||
| Total Liabilities and Equity | 19 347.4 | 19 294.2 | 20 423.4 | 13 204.3 | 11 395.2 | 8 851.6 | 8 082.0 | 7 709.4 | 7 210.0 | 6 364.9 | 6 099.2 | 5 757.0 | 4 970.2 | 4 695.7 | 4 482.0 | 3 628.5 | 2 768.4 | 2 828.9 | 3 041.7 | 2 943.9 | 2 436.8 | 2 285.4 | 2 199.2 | 1 950.0 | 1 590.1 | 1 575.1 | 1 370.0 | 1 092.8 | 987.6 | 929.2 | 829.7 | 807.1 | 846.3 | ||||||
| SHARES OUTSTANDING | |||||||||||||||||||||||||||||||||||||||
| Common Shares Outstanding | 44.2 | 46.4 | 34.9 | 33.3 | 32.8 | 27.6 | 27.3 | 26.4 | 25.9 | 23.9 | 23.0 | 21.8 | 21.4 | 21.2 | 19.6 | 15.7 | 14.0 | 14.9 | 15.4 | 14.9 | 14.6 | 14.4 | 14.3 | 14.2 | 14.2 | 14.7 | 14.6 | 14.5 | 14.6 | 14.5 | 14.4 | 5.0 | 5.2 | 5.2 | 5.1 | 5.1 | 5.1 | 5.0 | 4.0 |