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Independent Bank Corporation IBCP Increase (Decrease) in Other Operating Assets

Increase (Decrease) in Other Operating Assets at other companies

Financial Institutions logo
Financial InstitutionsFISI
-$2.89M+73.7%
Fifth Third Bank logo
Fifth Third BankFITB
$566M+175%
Independent Bank Corp logo
Independent Bank CorpINDB
-$36.52M-452%
Equity Bancshares logo
Equity BancsharesEQBK
-$10.06M-173%
Burke & Herbert Financial Services Corp. logo
Burke & Herbert Financial Services Corp.BHRB
-$5.93M-124%
First Bancorp logo
First BancorpFBNC
-$4.2M+51.7%

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:IncreaseDecreaseInOtherOperatingAssets.

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 increase (decrease) in other operating assets?
Independent Bank Corporation (IBCP) reported increase (decrease) in other operating assets of -$4.14M in Q1 2026.
How has Independent Bank Corporation's increase (decrease) in other operating assets changed year-over-year?
Independent Bank Corporation's increase (decrease) in other operating assets decreased by 7.6% year-over-year, from -$3.85M to -$4.14M.
What is the long-term trend for Independent Bank Corporation's increase (decrease) in other operating assets?
Over 3 years (2021 to 2025), Independent Bank Corporation's increase (decrease) in other operating assets has grown at a 30.0% compound annual growth rate (CAGR), from $11.67M to $25.65M.
What does increase (decrease) in other operating assets mean?
This captures the net change in miscellaneous assets that are not classified as loans, securities, or property, plant, and equipment. It often includes items like accrued interest receivables, prepaid expenses, and other short-term operational assets.