How has Independent Bank Corporation's net investment in lease changed year-over-year?

Independent Bank Corporation's net investment in lease increased by 16.7% year-over-year, from $6M to $7M.

What is the long-term trend for Independent Bank Corporation's net investment in lease?

Over 5 years (2020 to 2025), Independent Bank Corporation's net investment in lease has grown at a -0.9% compound annual growth rate (CAGR), from $7.65M to $7.3M.

Independent Bank Corporation IBCP Net Investment in Lease

Net Investment in Lease at other companies

Fifth Third BankFITB

$238M-24.2%

Financial InstitutionsFISI

——

Huntington BancsharesHBAN

——

Great Southern BancorpGSBC

——

Five Star BancorpFSBC

——

Customers BancorpCUBI

——

Other financials

Income statement

See full

Revenue$58.9M+8.9%

Net income$16.9M+8.2%

EPS (diluted)$0.81+9.5%

Balance sheet

See full

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

See full

Operating cash flow-$9.2M-148%

CapEx$4.6M+311%

Free cash flow-$13.8M-176%

Valuation

See full

Market cap$733.37M+16.4%

Enterprise value$565.68M+11.3%

P/E10.5×+1.0×

P/S3.2×+0.4×

Profitability

See full

Net margin30.3%+0.7pp

FCF margin16.6%-7.1pp

Returns & leverage

See full

Return on equity14.3%-0.8pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Independent Bank Corporation's net investment in lease.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Independent Bank Corporation's net investment in lease?: Independent Bank Corporation (IBCP) reported net investment in lease of $7M in Q1 2026.
How has Independent Bank Corporation's net investment in lease changed year-over-year?: Independent Bank Corporation's net investment in lease increased by 16.7% year-over-year, from $6M to $7M.
What is the long-term trend for Independent Bank Corporation's net investment in lease?: Over 5 years (2020 to 2025), Independent Bank Corporation's net investment in lease has grown at a -0.9% compound annual growth rate (CAGR), from $7.65M to $7.3M.