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Independent Bank Corporation IBCP Gain (Loss) on Sales of Loans, Net

Gain (Loss) on Sales of Loans, Net at other companies

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$795K-11.0%

Segments

By segment

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Independent Bank$1.57M-0.6%

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:GainLossOnSalesOfLoansNet.

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 itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Interchange income3,5763,3906,8106,517
Service charges on deposit accounts3,1002,9816,0355,795
Net gains (losses) on assets
Mortgage loans1,6511,6312,9593,934
Equity securities at fair value1,6001,600
Securities available for sale(90)11(116)(319)
Mortgage loan servicing, net2,4604904,106(146)
Other3,0372,8225,9885,968

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

FAQ

What is Independent Bank Corporation's gain (loss) on sales of loans, net?
Independent Bank Corporation (IBCP) reported gain (loss) on sales of loans, net of $1.65M in Q2 2026.
How has Independent Bank Corporation's gain (loss) on sales of loans, net changed year-over-year?
Independent Bank Corporation's gain (loss) on sales of loans, net increased by 1.2% year-over-year, from $1.63M to $1.65M.
What is the long-term trend for Independent Bank Corporation's gain (loss) on sales of loans, net?
Over 4 years (2021 to 2025), Independent Bank Corporation's gain (loss) on sales of loans, net has grown at a -34.1% compound annual growth rate (CAGR), from $35.88M to $6.78M.
What does gain (loss) on sales of loans, net mean?
This metric captures the net profit or loss realized from selling loans held for sale to third-party investors. It serves as a key indicator of the bank's mortgage banking performance and the market's valuation of the bank's originated loan products. Positive gains suggest effective pricing and favorable market conditions for loan sales.

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