Company / Total Debt
Independent Bank Corp. Total Debt History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$359.3M
FY2025
5-year range
$62.9M / $359.3M
FY2021-FY2025
Trend
+471.7%
vs FY2024
Sector context
#146 of 202
Financials
What the data says
Total Debt changed +472% YoY in FY2025, a notable deviation from the 8-year average annual change of +35%.
Based on SEC 10-K filings.
$359M in FY2025 with a 5-year CAGR of +19.8%.
Increased from $113M to $359M over the past 2 years.
Financials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +47.2%
- 5-Year CAGR
- +19.8%
- 10-Year CAGR
- -
Sector benchmark
#57 of 202 in FinancialsTop 28% of 202This company $359.3M Sector average $10.8B
▼
-96.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +19.8%, indicating consistent growth.
- In FY2025, total debt increased 471.7% year-over-year.
- Ranks #146 out of 202 companies in the Financials sector.
- Lowest total debt in the period was in FY2018.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $359.3M | +471.7% |
| FY2024 | $62.9M | -44.3% |
| FY2023 | $112.8M | +0.1% |
| FY2022 | $112.7M | -11.0% |
| FY2021 | $126.7M | -12.8% |
| FY2020 | $145.3M | -22.4% |
| FY2019 | $187.4M | - |
| FY2018 | $0 | -100.0% |
| FY2017 | $107.8M | +0.0% |
| FY2016 | $107.7M | -0.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026