Independent Bank Corporation IBCP Litigation provision

Litigation provision at other companies

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Brinker InternationalEAT

$0-100%

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$0—

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$130M—

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$28.25M-64.4%

LivaNovaLIVN

-$2.82M-1,348%

Alphatec HoldingsATEC

$525K-95.7%

Segments

By segment

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Independent Bank$1.5M—

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 / equity0×0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:LossContingencyLossInPeriod.

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

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What is Independent Bank Corporation's litigation provision?: Independent Bank Corporation (IBCP) reported litigation provision of $1.5M in Q1 2026.