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Asset turnover at other companies

Financial Institutions logo
Financial InstitutionsFISI
Fifth Third Bank logo
Fifth Third BankFITB
0.0×
Huntington Bancshares logo
Huntington BancsharesHBAN
0.0×
Great Southern Bancorp logo
Great Southern BancorpGSBC
0.0×
Independent Bank Corp logo
Independent Bank CorpINDB
0.0×
Southern Missouri Bancorp logo
Southern Missouri BancorpSMBC
0.0×

Other financials

Income statement

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Revenue$58.9M+8.9%
Net income$16.9M+8.2%
EPS (diluted)$0.81+9.5%

Balance sheet

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Cash & equivalents$174.9M+36.5%
Total debt$7.2M+13.4%
Total equity$510.6M+9.3%
Total assets$5.6B+4.3%

Cash flow

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Operating cash flow-$9.2M-148%
CapEx$4.6M+311%
Free cash flow-$13.8M-176%

Valuation

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Market cap$733.37M+16.4%
Enterprise value$565.68M+11.3%
P/E10.5×+1.0×
P/S3.2×+0.4×

Profitability

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Net margin30.3%+0.7pp
FCF margin16.6%-7.1pp

Returns & leverage

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Return on equity14.3%-0.8pp
Debt / equity0.0×

Where this comes from

Calculated from Independent Bank Corporation’s reported figures.

Based on trailing twelve months.

The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corporation's asset turnover?
Independent Bank Corporation (IBCP) reported asset turnover of 0× in Q1 2026.
How has Independent Bank Corporation's asset turnover changed year-over-year?
Independent Bank Corporation's asset turnover decreased by 0.2% year-over-year, from 0× to 0×.
What is the long-term trend for Independent Bank Corporation's asset turnover?
Over 5 years (2020 to 2025), Independent Bank Corporation's asset turnover has grown at a -4.6% compound annual growth rate (CAGR), from 0.1× to 0×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.