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$ 18.43MCapital Expenditure
VS
Market
44
Sector
26
Industry
16
History
23
$ 65.5Close
$ 53.62 - $ 74.97 52-Week Range
Ticker Information

Ticker

INDB

Company Name

INDEPENDENT BANK CORP

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

INDEPENDENT BANK CORP - Capital Expenditure Chart Analysis (TTM)

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INDB - CapEx Historical data
DateCapital Expenditure
6/30/2025$ 18.43M
3/31/2025$ 17.93M
12/31/2024$ 20.34M
9/30/2024$ 20.31M
6/30/2024$ 17.3M
3/31/2024$ 16.01M
12/31/2023$ 15.73M
9/30/2023$ 11.37M
6/30/2023$ 9.17M
3/31/2023$ 14.56M
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Key Performance Insights, Last 5 Years

  • INDEPENDENT BANK CORP's latest trailing twelve months (TTM) CapEx stands at $ 9.05M.
  • Over the past 5 years, INDEPENDENT BANK CORP's average CapEx has been $ 17.07M.
  • The median CapEx for INDEPENDENT BANK CORP during this period was $ 16.65M
  • INDEPENDENT BANK CORP reached its highest CapEx over the past 5 years at $ 34.22M.
  • The lowest CapEx recorded by INDEPENDENT BANK CORP in the same timeframe $ 6.49M

INDEPENDENT BANK CORP's CapEx vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

CapEx Benchmarks
CompanyCapEx
CATY : CATHAY GENERAL BANCORP $ 6.15MWSBC : WESBANCO INC $ 19.52MEBC : EASTERN BANKSHARES INC $ -1.72MRNST : RENASANT CORP $ 20.47MBOH : BANK OF HAWAII CORP $ 18.99MCBU : COMMUNITY FINANCIAL SYSTEM INC $ 34.37MSFNC : SIMMONS FIRST NATIONAL CORP $ 43.76MFHB : FIRST HAWAIIAN INC $ 37.24MBANF : BANCFIRST CORP $ 45.43MTBBK : BANCORP INC $ 2.82M

Definition of Capital Expenditure

[Cash Flow Statement] CapEX, also know as capital expenditures, is a component of investing cash flow [NCFI] that refers to funds that are used to acquire, improve or maintain long-term assets [AssestsNC] of the company. Capital expense may include the purchase of new equipment, machinery, buildings or warehouses, furniture, software or intangibles such as intellectual property.

INDB - Capital Expenditure, Last 5 years

$ 6.49M

Minimum

Dec 31, 2020

$ 34.22M

Maximum

Jun 30, 2022

$ 17.07M

Average

$ 16.65M

Median

CapEx Benchmark Analysis

The chart above depicts the distribution of CapEx for companies in the Total Stock Market. The average CapEx of the companies is $ 9.73M with a standard deviation of $ 15.95M.
The following table provides additional summary stats:
CapEx in the Market:
filtered constituents2.92K
min$ -41.06M
max$ 63.95M
average$ 9.73M
median$ 1.95M
std$ 15.95M