Skip to content
Screener

Independent Bank Corporation IBCP Independent Bank — Noninterest Expense

Similar metrics at other companies

Colony Bankcorp logo
CBANBank — Noninterest Expense
$23.34M+27.7%
Raymond James Financial logo
RJFBank — Noninterest Expense
$282M-15.8%
Mercantile Bank Corporation logo
MBWMMercantile Bank — Noninterest Expense
$36.02M
Zions Bancorporation logo
ZIONZions Bank — Noninterest Expense
$149M+4.9%
Popular logo
BPOPPopular Bank — Noninterest Expense
$66.74M-6.3%
Coastal Financial logo
CCBCommunity Bank — Noninterest Expense
$11.96M-5.2%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:NoninterestExpense.

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
Communications4559464
Merger related expenses43326369
Other1,8702512,121
Total Non-interest Expense36,981870(42)37,809
Income Before Income Tax23,988(1,232)(46)22,710
Income tax expense4,126(211)(10)3,905
Net Income$19,862$(1,021)$(36)$18,805
OTHER SEGMENT DISCLOSURES

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

FAQ

What is Independent Bank Corporation's independent bank — noninterest expense?
Independent Bank Corporation (IBCP) reported independent bank — noninterest expense of $36.98M in Q2 2026.
How has Independent Bank Corporation's independent bank — noninterest expense changed year-over-year?
Independent Bank Corporation's independent bank — noninterest expense increased by 10.9% year-over-year, from $33.35M to $36.98M.
What is the long-term trend for Independent Bank Corporation's independent bank — noninterest expense?
Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — noninterest expense has grown at a 2.6% compound annual growth rate (CAGR), from $126.52M to $136.46M.
What does independent bank — noninterest expense mean?
The aggregate of all operating costs excluding interest expense, such as personnel, technology, and occupancy costs. This is a primary measure of the bank's operational efficiency and cost management discipline.

Ask your AI about Independent Bank Corporation's independent bank — noninterest expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude