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Net Income at other companies

Financial Institutions logo
Financial InstitutionsFISI
$20.99M+24.3%
Fifth Third Bank logo
Fifth Third BankFITB
$165M-68.0%
Huntington Bancshares logo
Huntington BancsharesHBAN
$523M-0.8%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$17.48M+1.8%
Independent Bank Corp logo
Independent Bank CorpINDB
$79.92M+79.9%
Southern Missouri Bancorp logo
Southern Missouri BancorpSMBC
$17.76M+13.3%

Segments

By segment

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Independent Bank$17.56M+7.4%

Other financials

Income statement

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Revenue$58.9M+8.9%
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:NetIncomeLoss.

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 income?
Independent Bank Corporation (IBCP) reported net income of $16.88M in Q1 2026.
How has Independent Bank Corporation's net income changed year-over-year?
Independent Bank Corporation's net income increased by 8.2% year-over-year, from $15.59M to $16.88M.
What is the long-term trend for Independent Bank Corporation's net income?
Over 4 years (2021 to 2025), Independent Bank Corporation's net income has grown at a 2.2% compound annual growth rate (CAGR), from $62.9M to $68.54M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.