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Independent Bank Corporation IBCP Other — Revenue from contracts with customers

Other product segments

Interchange income
$3.58M+5.5%
Overdraft fees
$2.21M+0.7%
Account service charges
$768K+14.1%
Asset management revenue
$435K+11.5%
Transaction based revenue
$429K+2.1%
ATM fees
$382K-4.7%

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XELTotal revenue from contracts with customers — Revenue from contracts with customers
$3.75B+1.4%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Three months ending June 30, 2026Service Chargeson Deposit Accounts / (In thousands)Other Deposit Related Income / (In thousands)Interchange Income / (In thousands)Investmentand Insurance Commissions / (In thousands)Total / (In thousands)
Overdraft fees$2,208$2,208
Account service charges768768
ATM fees382382
Other156156
Business
Overdraft fees124124
ATM fees1010
Other116116

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

FAQ

What is Independent Bank Corporation's other — revenue from contracts with customers?
Independent Bank Corporation (IBCP) reported other — revenue from contracts with customers of $156K in Q2 2026.
How has Independent Bank Corporation's other — revenue from contracts with customers changed year-over-year?
Independent Bank Corporation's other — revenue from contracts with customers decreased by 7.7% year-over-year, from $169K to $156K.
What is the long-term trend for Independent Bank Corporation's other — revenue from contracts with customers?
Over 4 years (2021 to 2025), Independent Bank Corporation's other — revenue from contracts with customers has grown at a -5.5% compound annual growth rate (CAGR), from $819K to $653K.
What does other — revenue from contracts with customers mean?
This metric represents non-interest income derived from ancillary banking services and contractual arrangements outside of core lending and deposit interest activities. It captures revenue streams such as service charges, safe deposit box fees, and other miscellaneous customer-facing financial services. Monitoring this figure helps investors assess the bank's ability to generate diversified fee-based income independent of interest rate fluctuations.

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