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Independent Bank Corporation IBCP Net change in deposits

Net change in deposits at other companies

Financial Institutions logo
Financial InstitutionsFISI
$131.53M-51.0%
Huntington Bancshares logo
Huntington BancsharesHBAN
$3.34B+15.7%
Independent Bank Corp logo
Independent Bank CorpINDB
-$99.79M+27.7%
Southern Missouri Bancorp logo
Southern Missouri BancorpSMBC
$10.86M+96.0%
Equity Bancshares logo
Equity BancsharesEQBK
$30.33M-0.7%
Five Star Bancorp logo
Five Star BancorpFSBC
$268.27M+50.4%

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$733.37M+16.4%
Enterprise value$565.68M+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:IncreaseDecreaseInDeposits.

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 net change in deposits?
Independent Bank Corporation (IBCP) reported net change in deposits of $119M in Q1 2026.
How has Independent Bank Corporation's net change in deposits changed year-over-year?
Independent Bank Corporation's net change in deposits increased by 690.4% year-over-year, from -$20.16M to $119M.
What is the long-term trend for Independent Bank Corporation's net change in deposits?
Over 2 years (2021 to 2024), Independent Bank Corporation's net change in deposits has grown at a -74.5% compound annual growth rate (CAGR), from $479.74M to $31.21M.
What does net change in deposits mean?
Net increase or decrease in total customer deposits at a bank or financial institution.