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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$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:Assets.

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
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
Depreciation1,3181,318
Amortization115115
Total assets5,656,124603,759(596,042)5,663,841

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

FAQ

What is Independent Bank Corporation's independent bank — total assets?
Independent Bank Corporation (IBCP) reported independent bank — total assets of $5.66B in Q2 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 4.5% year-over-year, from $5.41B to $5.66B.
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.

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