Company / Capital Expenditures
Independent Bank Corp. Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$12.1M
FY2025
5-year range
$12.1M / $25.2M
FY2021-FY2025
Trend
-40.6%
vs FY2024
Sector context
#162 of 296
Financials
What the data says
At $12M, Independent Bank Corp.'s capital expenditures ranks #162 of 296 in the Financials sector. Capital Expenditures has fluctuated over the past 10 years, ranging from $10M in FY2016 to $25M in FY2021.
Based on SEC 10-K filings.
$12M in FY2025 with a 5-year CAGR of -0.7%.
Declined from $16M to $12M over the past 2 years.
Financials sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- -18.1%
- 5-Year CAGR
- -0.7%
- 10-Year CAGR
- -
Sector benchmark
#162 of 296 in FinancialsTop 55% of 296This company $12.1M Sector average $203.0M
▼
-94.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -0.7%, indicating a declining trend.
- In FY2025, capital expenditures decreased 40.6% year-over-year.
- Ranks #162 out of 296 companies in the Financials sector.
- Peak capital expenditures was recorded in FY2021.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $12.1M | -40.6% |
| FY2024 | $20.4M | +29.0% |
| FY2023 | $15.8M | -28.2% |
| FY2022 | $22.1M | -12.4% |
| FY2021 | $25.2M | +100.2% |
| FY2020 | $12.6M | -24.1% |
| FY2019 | $16.6M | +49.3% |
| FY2018 | $11.1M | -55.7% |
| FY2017 | $25.1M | +141.3% |
| FY2016 | $10.4M | -0.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026