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Independent Bank Corporation IBCP Long-term receivables, net

Long-term receivables, net at other companies

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Customers BancorpCUBI
$276.86M+20.0%

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:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables.

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 long-term receivables, net?
Independent Bank Corporation (IBCP) reported long-term receivables, net of -$33K in Q1 2026.
How has Independent Bank Corporation's long-term receivables, net changed year-over-year?
Independent Bank Corporation's long-term receivables, net decreased by 124.8% year-over-year, from $133K to -$33K.
What is the long-term trend for Independent Bank Corporation's long-term receivables, net?
Over 5 years (2020 to 2025), Independent Bank Corporation's long-term receivables, net has grown at a -49.5% compound annual growth rate (CAGR), from $3.86M to $127K.
What does long-term receivables, net mean?
This represents amounts owed to the company that are not expected to be collected within the next twelve months, net of any allowances for doubtful accounts. In the utility sector, this may include long-term financing arrangements or regulatory assets. It reflects the company's exposure to credit risk over an extended time horizon.