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Independent Bank Corporation IBCP Independent Bank — Interest and fees on loans

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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:InterestAndFeeIncomeLoansAndLeases.

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 itemIndependent BankOther(1)EliminationsTotal
INTEREST INCOME
Interest and fees on loans$60,559$84$60,643
Interest on securities5,8255,825
Other investments826826
Total Interest Income67,2108467,294
INTEREST EXPENSE
Deposits18,32218,322
Other borrowings and subordinated debt and debentures3916791,070

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

FAQ

What is Independent Bank Corporation's independent bank — interest and fees on loans?
Independent Bank Corporation (IBCP) reported independent bank — interest and fees on loans of $60.56M in Q2 2026.
How has Independent Bank Corporation's independent bank — interest and fees on loans changed year-over-year?
Independent Bank Corporation's independent bank — interest and fees on loans increased by 1.9% year-over-year, from $59.46M to $60.56M.
What is the long-term trend for Independent Bank Corporation's independent bank — interest and fees on loans?
Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — interest and fees on loans has grown at a 19.8% compound annual growth rate (CAGR), from $138.81M to $238.53M.
What does independent bank — interest and fees on loans mean?
Represents the total revenue generated from interest payments and associated fees on the bank's loan portfolio. This is a primary driver of core banking profitability and reflects the yield earned on commercial and consumer lending activities.

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