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Independent Bank Corporation IBCP Other repossessed assets

Other repossessed assets at other companies

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International BancsharesIBOC
$288K-19.6%
OFG Bancorp logo
OFG BancorpOFG
$4.2M-11.9%
First United logo
First UnitedFUNC
$2.78M-0.8%
Park National logo
Park NationalPRK
$1.4M+16.7%
International Bancshares logo
International BancsharesIBOC
$288K-19.6%
1st Source Corporation logo
1st Source CorporationSRCE
$270K+68.8%

Other financials

Income statement

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Revenue$63.2M+13.0%
Net income$18.8M+11.4%
EPS (diluted)$0.90+11.1%

Balance sheet

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Cash & equivalents$165.5M+13.2%
Total debt$7.0M+0.5%
Total equity$528.4M+12.6%
Total assets$5.7B+4.5%

Cash flow

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Operating cash flow$20.3M+5.7%
CapEx$3.6M+56.3%
Free cash flow$16.7M-1.1%

Valuation

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Market cap$854.67M+37.0%
Enterprise value$696.26M+43.6%
P/E11.9×+2.3×
P/S3.6×+0.8×

Profitability

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Net margin30.2%+1.2pp
FCF margin16%-12.2pp

Returns & leverage

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Return on equity14.4%0.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:OtherForeclosedAssets.

The source filing: Independent Bank Corporation’s 10-K, filed March 6, 2026. Open the filing →

Filed
Mar 6, 2026, 10:29 AM EST
Fiscal year
FY2025
Accession
0000039311-26-000009

FAQ

What is Independent Bank Corporation's other repossessed assets?
Independent Bank Corporation (IBCP) reported other repossessed assets of $120K in Q4 2025.
How has Independent Bank Corporation's other repossessed assets changed year-over-year?
Independent Bank Corporation's other repossessed assets increased by 140.0% year-over-year, from $50K to $120K.
What is the long-term trend for Independent Bank Corporation's other repossessed assets?
Over 5 years (2020 to 2025), Independent Bank Corporation's other repossessed assets has grown at a 32.0% compound annual growth rate (CAGR), from $30K to $120K.
What does other repossessed assets mean?
Other repossessed assets as reported by Independent Bank Corp..

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