Independent Bank (INDB) EV to FCF (2009 - 2026)
Independent Bank's EV to FCF came in at 13.05 for Q2 2026, up 5.4% from 12.39 a year earlier and up 22.0% from the prior quarter.
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Analysis
Independent Bank (INDB) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Independent Bank reported EV to FCF of 12.84, up 6.2% year-over-year; for FY2025, it was 14.97, up 15.8% from FY2024.
- EV to FCF has increased in each of the last three years.
- Going back by year, EV to FCF was 12.92 in FY2024 (+20.6%), 10.72 in FY2023 (+11.6%), 9.60 in FY2022 (-43.8%) and 17.09 in FY2021 (-62.7%).
- The five-year range for quarterly EV to FCF is 5.13 (Q2 2023) to 23.00 (Q1 2022).
- Year-over-year, EV to FCF increased in seven of the last eight quarters, with growth averaging 31.5%.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2025 (growth of 81.4%), and the weakest in Q2 2023 (a decline of 70.3%).
- Business Quant data shows INDB's EV to FCF at 10.70 (Q1 2026), 14.97 (Q4 2025) and 17.11 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.25 |
| Jun 30, 2026 | 13.05 |
| Mar 31, 2026 | 10.70 |
| Dec 31, 2025 | 14.97 |
| Sep 30, 2025 | 17.11 |
| Jun 30, 2025 | 12.39 |
| Mar 31, 2025 | 15.21 |
| Dec 31, 2024 | 12.92 |
| Sep 30, 2024 | 11.31 |
| Jun 30, 2024 | 9.11 |
| Mar 31, 2024 | 8.39 |
| Dec 31, 2023 | 10.72 |
| Sep 30, 2023 | 6.60 |
| Jun 30, 2023 | 5.13 |
| Mar 31, 2023 | 7.58 |
| Dec 31, 2022 | 9.18 |
| Sep 30, 2022 | 10.83 |
| Jun 30, 2022 | 17.28 |
| Mar 31, 2022 | 23.00 |
| Dec 31, 2021 | 15.80 |
API Access
Independent Bank EV to FCF 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=ev-to-fcf&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();