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Independent Bank Corporation IBCP Purchase premiums, net

Purchase premiums, net at other companies

Provident Financial Services logo
Provident Financial ServicesPFS
$78K+25.8%
Old Second Bancorp logo
Old Second BancorpOSBC
-$25K+90.9%
Upstart Holdings, Inc. logo
Upstart Holdings, Inc.UPST
-$11.96M-43.2%
Ally Financial logo
Ally FinancialALLY
$2.5B+8.7%
U.S. Bancorp logo
U.S. BancorpUSB
-$1.9B+20.8%
First BanCorp logo
First BanCorpFBP
$17.8M-21.9%

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×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept ibcp:DeferredTaxLiabilitiesPurchasePremiumsNet.

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

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Questions, answered.

What is Independent Bank Corporation's purchase premiums, net?
Independent Bank Corporation (IBCP) reported purchase premiums, net of $443K in Q4 2025.
How has Independent Bank Corporation's purchase premiums, net changed year-over-year?
Independent Bank Corporation's purchase premiums, net decreased by 14.3% year-over-year, from $517K to $443K.
What is the long-term trend for Independent Bank Corporation's purchase premiums, net?
Over 5 years (2020 to 2025), Independent Bank Corporation's purchase premiums, net has grown at a -2.7% compound annual growth rate (CAGR), from $509K to $443K.
What does purchase premiums, net mean?
This represents the net premium paid over the fair value of loans or other assets acquired in business combinations or portfolio purchases. These premiums are amortized over the expected life of the assets, impacting the net interest margin. It provides insight into the bank's inorganic growth strategy and the cost basis of acquired portfolios.