Independent Bank (INDB) Ending Cash Balance (2009 - 2026)
Independent Bank's Ending Cash Balance came in at $1 billion for Q2 2026, up 11.1% from $901.23 million a year earlier and up 37.3% from the prior quarter.
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Analysis
Independent Bank (INDB) Ending Cash Balance (2009 - 2026) Analysis & Trends
For FY2025, Independent Bank's Ending Cash Balance was $771.9 million, up 251.0% from FY2024.
- Ending Cash Balance carries a five-year compound annual growth rate of -9.9% (FY2020 to FY2025).
- Going back by year, Ending Cash Balance was $219.89 million in FY2024 (-2.0%), $224.33 million in FY2023 (-36.4%), $352.93 million in FY2022 (-84.2%) and $2.24 billion in FY2021 (+72.8%).
- The Q2 2026 figure represents the highest quarterly Ending Cash Balance since Q2 2022.
- Year-over-year, Ending Cash Balance has increased for six consecutive quarters, with growth averaging 110.0% over the last eight quarters.
- The fastest year-over-year change in Ending Cash Balance over five years came in Q4 2025 (growth of 251.0%), and the weakest in Q4 2022 (a decline of 84.2%).
- Business Quant data shows INDB's Ending Cash Balance at $728.98 million (Q1 2026), $771.9 million (Q4 2025) and $910.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 326.27 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | 2.12 Bn |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 249.64 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 138.67 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 45.78 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 176.77 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 179.36 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 659.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 659.38 Mn |
| Jun 30, 2026 | 1.00 Bn |
| Mar 31, 2026 | 728.98 Mn |
| Dec 31, 2025 | 771.90 Mn |
| Sep 30, 2025 | 910.80 Mn |
| Jun 30, 2025 | 901.23 Mn |
| Mar 31, 2025 | 716.84 Mn |
| Dec 31, 2024 | 219.89 Mn |
| Sep 30, 2024 | 424.45 Mn |
| Jun 30, 2024 | 313.88 Mn |
| Mar 31, 2024 | 221.32 Mn |
| Dec 31, 2023 | 224.33 Mn |
| Sep 30, 2023 | 220.13 Mn |
| Jun 30, 2023 | 308.26 Mn |
| Mar 31, 2023 | 502.54 Mn |
| Dec 31, 2022 | 352.93 Mn |
| Sep 30, 2022 | 936.30 Mn |
| Jun 30, 2022 | 1.48 Bn |
| Mar 31, 2022 | 1.84 Bn |
| Dec 31, 2021 | 2.24 Bn |
API Access
Independent Bank Ending Cash Balance 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=ending-cash-balance&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "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=ending-cash-balance&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();