Independent Bank Corp (INDB) Capital Expenditures (2010 - 2026)
Independent Bank (INDB) recorded Capital Expenditures of $6.43 million in Q2 2026, up 52.5% from $4.22 million a year earlier and up 14.8% from the prior quarter.
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Analysis
Independent Bank Corp (INDB) Capital Expenditures (2010 - 2026) Analysis & Trends
On a TTM basis, Independent Bank's Capital Expenditures came in at $17.92 million as of Jun 30, 2026, down 3.1% year-over-year; for FY2025, it came in at $12.14 million, down 40.6% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $20.44 million in FY2024 (+29.0%), $15.84 million in FY2023 (-28.2%), $22.07 million in FY2022 (-12.4%) and $25.2 million in FY2021 (+100.2%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures since Q2 2022.
- On a year-over-year basis, Capital Expenditures rose in five of the last eight quarters, with growth averaging 23.3%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 230.2% in Q1 2022, against a decline of 79.6% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.6 million (Q1 2026), $3.41 million (Q4 2025) and $2.48 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.43 Mn |
| Mar 31, 2026 | 5.60 Mn |
| Dec 31, 2025 | 3.41 Mn |
| Sep 30, 2025 | 2.48 Mn |
| Jun 30, 2025 | 4.22 Mn |
| Mar 31, 2025 | 2.03 Mn |
| Dec 31, 2024 | 6.38 Mn |
| Sep 30, 2024 | 5.86 Mn |
| Jun 30, 2024 | 3.73 Mn |
| Mar 31, 2024 | 4.46 Mn |
| Dec 31, 2023 | 6.30 Mn |
| Sep 30, 2023 | 2.90 Mn |
| Jun 30, 2023 | 2.43 Mn |
| Mar 31, 2023 | 4.22 Mn |
| Dec 31, 2022 | 4.05 Mn |
| Sep 30, 2022 | 1.87 Mn |
| Jun 30, 2022 | 7.82 Mn |
| Mar 31, 2022 | 8.34 Mn |
| Dec 31, 2021 | 9.09 Mn |
| Sep 30, 2021 | 9.14 Mn |
API Access
Independent Bank Corp Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "INDB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();