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Independent Bank Corporation IBCP Independent Bank — Other

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Other financials

Income statement

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Revenue$58.9M+8.9%
Net income$16.9M+8.2%
EPS (diluted)$0.81+9.5%

Balance sheet

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Cash & equivalents$174.9M+36.5%
Total debt$7.2M+13.4%
Total equity$510.6M+9.3%
Total assets$5.6B+4.3%

Cash flow

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Operating cash flow-$9.2M-148%
CapEx$4.6M+311%
Free cash flow-$13.8M-176%

Valuation

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Market cap$733.17M+16.4%
Enterprise value$565.47M+11.3%
P/E10.5×+1.0×
P/S3.2×+0.4×

Profitability

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Net margin30.3%+0.7pp
FCF margin16.6%-7.1pp

Returns & leverage

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Return on equity14.3%-0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept ibcp:OtherNoninterestExpenseAdjusted.

The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corporation's independent bank — other?
Independent Bank Corporation (IBCP) reported independent bank — other of $2.37M in Q1 2026.
How has Independent Bank Corporation's independent bank — other changed year-over-year?
Independent Bank Corporation's independent bank — other increased by 3.0% year-over-year, from $2.3M to $2.37M.
What is the long-term trend for Independent Bank Corporation's independent bank — other?
Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — other has grown at a 1.0% compound annual growth rate (CAGR), from $7.33M to $7.56M.
What does independent bank — other mean?
Miscellaneous noninterest income sources that do not fall into primary categories like service charges or interchange fees. This captures ancillary revenue streams and secondary business activities within the banking segment.