Independent Bank (INDB) Property, Plant & Equipment (Net) (2009 - 2026)
Independent Bank's Property, Plant & Equipment (Net) came in at $218.52 million for Q3 2026, down 1.2% from $221.17 million a year earlier but up 0.3% from the prior quarter.
Independent Bank (INDB) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Independent Bank's Property, Plant & Equipment (Net) was $218.19 million, up 12.9% from FY2024.
- Property, Plant & Equipment (Net) carries a five-year compound annual growth rate of 13.4% (FY2020 to FY2025).
- Going back by year, Property, Plant & Equipment (Net) was $193.32 million in FY2024 (+0.1%), $193.05 million in FY2023 (-1.8%), $196.5 million in FY2022 (+0.5%) and $195.59 million in FY2021 (+68.0%).
- The five-year range for quarterly Property, Plant & Equipment (Net) is $188.88 million (Q2 2025) to $221.17 million (Q3 2025).
- Year-over-year, Property, Plant & Equipment (Net) increased in five of the last eight quarters, with growth averaging 6.8%.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in Q2 2022 (growth of 72.2%), and the weakest in Q2 2023 (a decline of 4.2%).
- Business Quant data shows INDB's Property, Plant & Equipment (Net) at $217.88 million (Q2 2026), $217.7 million (Q1 2026) and $218.19 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 38.68 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | 269.49 Mn |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 13.91 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 | - | 4.96 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 11.69 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 8.82 Bn |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 218.52 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 218.52 Mn |
| Jun 30, 2026 | 217.88 Mn |
| Mar 31, 2026 | 217.70 Mn |
| Dec 31, 2025 | 218.19 Mn |
| Sep 30, 2025 | 221.17 Mn |
| Jun 30, 2025 | 188.88 Mn |
| Mar 31, 2025 | 190.01 Mn |
| Dec 31, 2024 | 193.32 Mn |
| Sep 30, 2024 | 192.20 Mn |
| Jun 30, 2024 | 191.30 Mn |
| Mar 31, 2024 | 192.56 Mn |
| Dec 31, 2023 | 193.05 Mn |
| Sep 30, 2023 | 191.56 Mn |
| Jun 30, 2023 | 193.64 Mn |
| Mar 31, 2023 | 195.92 Mn |
| Dec 31, 2022 | 196.50 Mn |
| Sep 30, 2022 | 198.41 Mn |
| Jun 30, 2022 | 202.22 Mn |
| Mar 31, 2022 | 199.11 Mn |
| Dec 31, 2021 | 195.59 Mn |
Independent Bank Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();