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46.05%Payout Ratio (based on FCFPS)
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Market
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Sector
23
Industry
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History
20
$ 68.8Close
$ 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 - Payout Ratio (based on FCFPS) Chart Analysis (TTM)

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INDB - Payout Ratio (FCFPS) Historical data
DateDividends per ShareFree Cash Flow per SharePayout Ratio (based on FCFPS)
6/30/2025$ 2.32$ 5.0446.05%
3/31/2025$ 2.3$ 4.0956.18%
12/31/2024$ 2.28$ 4.9346.24%
9/30/2024$ 2.26$ 5.1843.6%
6/30/2024$ 2.24$ 5.5240.61%
3/31/2024$ 2.22$ 6.1336.24%
12/31/2023$ 2.2$ 5.9137.2%
9/30/2023$ 2.2$ 7.4229.65%
6/30/2023$ 2.16$ 8.6524.96%
3/31/2023$ 2.12$ 8.524.94%
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Key Performance Insights, Last 5 Years

  • INDEPENDENT BANK CORP's latest trailing twelve months (TTM) Payout Ratio (FCFPS) stands at 73.99%.
  • Over the past 5 years, INDEPENDENT BANK CORP's average Payout Ratio (FCFPS) has been 43.42%.
  • The median Payout Ratio (FCFPS) for INDEPENDENT BANK CORP during this period was 40.57%
  • INDEPENDENT BANK CORP reached its highest Payout Ratio (FCFPS) over the past 5 years at 105.25%.
  • The lowest Payout Ratio (FCFPS) recorded by INDEPENDENT BANK CORP in the same timeframe 23.97%

INDEPENDENT BANK CORP's Payout Ratio (FCFPS) vs. competitors

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

Payout Ratio (FCFPS) Benchmarks
CompanyPayout Ratio (FCFPS)
CATY : CATHAY GENERAL BANCORP 29.3%WSBC : WESBANCO INC 75.16%EBC : EASTERN BANKSHARES INC 27.44%RNST : RENASANT CORP 68.63%BOH : BANK OF HAWAII CORP 89.3%CBU : COMMUNITY FINANCIAL SYSTEM INC 47.58%SFNC : SIMMONS FIRST NATIONAL CORP 35.04%FHB : FIRST HAWAIIAN INC 42.24%BANF : BANCFIRST CORP 29.99%TBBK : BANCORP INC 0%

Definition of Payout Ratio (based on FCFPS)

[Calculation] Measures the ratio between a company’s dividend per share [DPS] and its free cash flow per share [FCFPS]. The dividend of a company with a low payout ratio tends to be future proof.
DPS / FCFPS
(=) Payout Ratio (FCFPS)
Payout Ratio (FCFPS) for INDEPENDENT BANK CORP is calculated as follows: DPS [ $ 1.82 ] / FCFPS [ $ 2.46 ]
(=) Payout Ratio (FCFPS) [ 73.99% ]

INDB - Payout Ratio (based on FCFPS), Last 5 years

23.97%

Minimum

Dec 31, 2022

105.25%

Maximum

Dec 31, 2020

43.42%

Average

40.57%

Median

Payout Ratio (FCFPS) Benchmark Analysis

The chart above depicts the distribution of Payout Ratio (FCFPS) for companies in the Total Stock Market. The average Payout Ratio (FCFPS) of the companies is 14.44% with a standard deviation of 18.56%.
The following table provides additional summary stats:
Payout Ratio (FCFPS) in the Market:
filtered constituents2.15K
min0%
max66.55%
average14.44%
median2.04%
std18.56%