Independent Bank Corporation IBCP Operating Lease Liabilities (Total)

Operating Lease Liabilities (Total) at other companies

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$5.83M+63.0%

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$3M+49.1%

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$23.84M-12.7%

Burke & Herbert Financial Services Corp.BHRB

$29.23M+92.8%

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$17.7M-9.9%

Great Southern BancorpGSBC

$4.89M-19.7%

FAQ

What is Independent Bank Corporation's operating lease liabilities (total)?

Independent Bank Corporation (IBCP) reported operating lease liabilities (total) of $7.04M in Q2 2026.

How has Independent Bank Corporation's operating lease liabilities (total) changed year-over-year?

Independent Bank Corporation's operating lease liabilities (total) increased by 0.5% year-over-year, from $7M to $7.04M.

What is the long-term trend for Independent Bank Corporation's operating lease liabilities (total)?

Over 5 years (2020 to 2025), Independent Bank Corporation's operating lease liabilities (total) has grown at a -0.9% compound annual growth rate (CAGR), from $7.87M to $7.53M.

What does operating lease liabilities (total) mean?

This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.