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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:NetCashProvidedByUsedInInvestingActivities.

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 itemSix months ended June 30, 2026Six months ended June 30, 2025
Proceeds from the sale of property and equipment39
Capital expenditures(8,170)(3,401)
Proceeds from the sale of capitalized mortgage loan servicing rights12,229
Net Cash Used in Investing Activities(121,589)(55,075)
Cash Flow From Financing Activities
Net increase in total deposits100,4515,271
Net increase (decrease) in other borrowings2(1)
Proceeds from Federal Home Loan Bank Advances200,000197,000

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

FAQ

What is Independent Bank Corporation's investing cash flow?
Independent Bank Corporation (IBCP) reported investing cash flow of -$104.89M in Q2 2026.
How has Independent Bank Corporation's investing cash flow changed year-over-year?
Independent Bank Corporation's investing cash flow decreased by 48.0% year-over-year, from -$70.86M to -$104.89M.
What is the long-term trend for Independent Bank Corporation's investing cash flow?
Over 4 years (2021 to 2025), Independent Bank Corporation's investing cash flow has grown at a -31.7% compound annual growth rate (CAGR), from -$563.06M to -$122.5M.
What does investing cash flow mean?
Total net cash provided by or used in investing activities — capex, acquisitions, investment purchases/sales, and other investing items.

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