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BSR
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$2.93B-1.5%

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$844.24M+33.2%
Enterprise value$685.83M+38.7%
P/E11.8×+2.0×
P/S3.6×+0.7×

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:Deposits.

The source filing: Independent Bank Corporation’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000039311-26-000061
Line itemJune 30,2026December 31,2025
Reciprocal1,025,016974,921
Time662,248662,858
Brokered time51418,659
Total Deposits4,862,1334,761,682
Other borrowings127,00577,003
Subordinated debentures, net39,89839,864
Accrued expenses and other liabilities106,392124,220
Total Liabilities5,135,4285,002,769

Item 1. Condensed Consolidated Statements of Financial Condition June 30, 2026 and December 31, 20

FAQ

What is Independent Bank Corporation's deposits?
Independent Bank Corporation (IBCP) reported deposits of $4.86B in Q2 2026.
How has Independent Bank Corporation's deposits changed year-over-year?
Independent Bank Corporation's deposits increased by 4.4% year-over-year, from $4.66B to $4.86B.
What is the long-term trend for Independent Bank Corporation's deposits?
Over 5 years (2020 to 2025), Independent Bank Corporation's deposits has grown at a 5.5% compound annual growth rate (CAGR), from $3.64B to $4.76B.
What does deposits mean?
Total customer deposits held by a bank or financial institution — the primary funding source for lending operations.

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