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Independent Bank Corporation IBCP Proceeds From Sale Of Federal Home Loan Bank Stock

Proceeds From Sale Of Federal Home Loan Bank Stock at other companies

Heritage Financial logo
Heritage FinancialHFWA
$6.12M-39.8%
Renasant logo
RenasantRNST
$16.02M
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$38.38M+310%
Southern Missouri Bancorp logo
Southern Missouri BancorpSMBC

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 us-gaap:ProceedsFromSaleOfFederalHomeLoanBankStock.

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 proceeds from sale of federal home loan bank stock?
Independent Bank Corporation (IBCP) reported proceeds from sale of federal home loan bank stock of $0 in Q1 2026.
How has Independent Bank Corporation's proceeds from sale of federal home loan bank stock changed year-over-year?
Independent Bank Corporation's proceeds from sale of federal home loan bank stock decreased by 100.0% year-over-year, from $1.21M to $0.
What does proceeds from sale of federal home loan bank stock mean?
This metric tracks the cash inflows from the redemption or sale of Federal Home Loan Bank (FHLB) stock. Since FHLB stock ownership is typically required to maintain borrowing capacity, these proceeds often reflect a reduction in the bank's required capital investment in the FHLB system. It serves as an indicator of changes in the bank's reliance on FHLB funding.