Independent Bank (INDB) Return on Invested Capital [ROIC] (2009 - 2026)
Independent Bank (INDB) recorded Return on Invested Capital [ROIC] of 11.14% in FY2025, up 0.43 percentage points from 10.71% in FY2024.
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Analysis
Independent Bank (INDB) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
Starting with FY2011, Independent Bank's Return on Invested Capital [ROIC] history includes 15 years.
- Annual Return on Invested Capital [ROIC] has a five-year change of +3.52 percentage points (FY2020 to FY2025).
- The FY2025 figure is the highest annual Return on Invested Capital [ROIC] since FY2019.
- Per Business Quant data, INDB's Return on Invested Capital [ROIC] was 10.71% in FY2024 (-0.06 pp), 10.78% in FY2023 (+1.50 pp), 9.28% in FY2022 (+4.07 pp) and 5.21% in FY2021 (-2.41 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 3.60% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 12.95% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 11.83% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 49.27% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 6.60% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 3.32% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 3.69% |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 13.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.94% |
| Jun 30, 2026 | 12.40% |
| Mar 31, 2026 | 11.33% |
| Dec 31, 2025 | 10.34% |
| Sep 30, 2025 | 10.16% |
| Jun 30, 2025 | 10.61% |
| Mar 31, 2025 | 10.88% |
| Dec 31, 2024 | 11.41% |
| Sep 30, 2024 | 11.42% |
| Jun 30, 2024 | 11.00% |
| Mar 31, 2024 | 10.04% |
| Dec 31, 2023 | 9.58% |
| Sep 30, 2023 | 9.69% |
| Jun 30, 2023 | 9.15% |
| Mar 31, 2023 | 9.18% |
| Dec 31, 2022 | 9.65% |
| Sep 30, 2022 | 6.79% |
| Jun 30, 2022 | 5.44% |
| Mar 31, 2022 | 4.53% |
| Dec 31, 2021 | 5.18% |
API Access
Independent Bank Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();