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Independent Bank Corporation IBCP Independent Bank — Total Assets

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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$733.37M+16.4%
Enterprise value$565.68M+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 us-gaap:Assets.

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 — total assets?
Independent Bank Corporation (IBCP) reported independent bank — total assets of $5.55B in Q1 2026.
How has Independent Bank Corporation's independent bank — total assets changed year-over-year?
Independent Bank Corporation's independent bank — total assets increased by 4.3% year-over-year, from $5.32B to $5.55B.
What does independent bank — total assets mean?
This represents the aggregate value of all financial and physical resources owned or controlled by the banking segment, including cash, investment securities, and the loan portfolio. It serves as a key measure of the segment's scale, market presence, and capacity to generate future interest income.