Independent Bank (INDB) FCF Margin (2009 - 2026)
Independent Bank (INDB) recorded FCF Margin of 26.44% in Q2 2026, down 29.94 percentage points from 56.38% a year earlier and down 17.73 percentage points from the prior quarter.
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Analysis
Independent Bank (INDB) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Independent Bank's FCF Margin came in at 30.27% as of Jun 30, 2026, up 0.11 percentage points year-over-year; for FY2025, it came in at 27.87%, down 2.50 percentage points from FY2024.
- Annual FCF Margin has declined for three straight years, though with a five-year change of +17.01 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 30.37% in FY2024 (-5.35 pp), 35.72% in FY2023 (-19.11 pp), 54.83% in FY2022 (+22.31 pp) and 32.52% in FY2021 (+21.66 pp).
- Quarterly FCF Margin has ranged from 6.35% in Q1 2025 to 68.95% in Q3 2022 over the past five years.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of -1.61 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 43.30 percentage points in Q3 2022, against a drop of 29.94 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 44.16% (Q1 2026), 29.74% (Q4 2025) and 20.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 66.09% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | -21.69% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | -230.94% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 189.34% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 19.57% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 40.54% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 38.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.01% |
| Jun 30, 2026 | 26.44% |
| Mar 31, 2026 | 44.16% |
| Dec 31, 2025 | 29.74% |
| Sep 30, 2025 | 20.38% |
| Jun 30, 2025 | 56.38% |
| Mar 31, 2025 | 6.35% |
| Dec 31, 2024 | 20.64% |
| Sep 30, 2024 | 36.74% |
| Jun 30, 2024 | 36.37% |
| Mar 31, 2024 | 27.89% |
| Dec 31, 2023 | 26.64% |
| Sep 30, 2023 | 42.72% |
| Jun 30, 2023 | 48.19% |
| Mar 31, 2023 | 25.23% |
| Dec 31, 2022 | 55.46% |
| Sep 30, 2022 | 68.95% |
| Jun 30, 2022 | 51.57% |
| Mar 31, 2022 | 41.05% |
| Dec 31, 2021 | 16.04% |
API Access
Independent Bank FCF Margin 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=fcf-margin&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();