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Independent Bank Corporation IBCP Net gains (losses) on investments

Net gains (losses) on investments at other companies

Huntington Bancshares logo
Huntington BancsharesHBAN
$2M+103%
Equity Bancshares logo
Equity BancsharesEQBK
-$1.21M-10,208%
SR Bancorp, Inc. logo
SR Bancorp, Inc.SRBK
-$9K-400%
BSR
Sierra BancorpBSRR
$602K
Burke & Herbert Financial Services Corp. logo
Burke & Herbert Financial Services Corp.BHRB
-$1.87M-5,016%
Independent Bank Corp logo
Independent Bank CorpINDB
$173K+144%

Segments

By segment

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Independent Bank$1.6M

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$841.35M+32.8%
Enterprise value$682.94M+38.1%
P/E11.7×+1.9×
P/S3.5×+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:EquitySecuritiesFvNiRealizedGainLoss.

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 itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Service charges on deposit accounts3,1002,9816,0355,795
Net gains (losses) on assets
Mortgage loans1,6511,6312,9593,934
Equity securities at fair value1,6001,600
Securities available for sale(90)11(116)(319)
Mortgage loan servicing, net2,4604904,106(146)
Other3,0372,8225,9885,968
Total Non-interest Income15,33411,32527,38221,749

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

FAQ

What is Independent Bank Corporation's net gains (losses) on investments?
Independent Bank Corporation (IBCP) reported net gains (losses) on investments of $1.6M in Q2 2026.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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