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Independent Bank Corporation IBCP Number of lives of group flexible premium non-participating variable life insurance contract

Number of lives of group flexible premium non-participating variable life insurance contract at other companies

Unum logo
UnumUNM
$572.4M+8.5%
Freedom Holding logo
Freedom HoldingFRHC
0%
MetLife logo
MetLifeMET
$11.09B-2.2%
Principal Financial Group logo
Principal Financial GroupPFG
602,700%+21,300pp
Lincoln National logo
Lincoln NationalLNC
$959.25M-0.7%
Corebridge Financial logo
Corebridge FinancialCRBG
$361M+6.2%

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:GroupFlexiblePremiumNonParticipatingVariableLifeInsuranceContract.

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 number of lives of group flexible premium non-participating variable life insurance contract?
Independent Bank Corporation (IBCP) reported number of lives of group flexible premium non-participating variable life insurance contract of 250 in Q4 2025.
How has Independent Bank Corporation's number of lives of group flexible premium non-participating variable life insurance contract changed year-over-year?
Independent Bank Corporation's number of lives of group flexible premium non-participating variable life insurance contract decreased by 1.2% year-over-year, from 253 to 250.
What is the long-term trend for Independent Bank Corporation's number of lives of group flexible premium non-participating variable life insurance contract?
Over 5 years (2020 to 2025), Independent Bank Corporation's number of lives of group flexible premium non-participating variable life insurance contract has grown at a -1.2% compound annual growth rate (CAGR), from 265 to 250.
What does number of lives of group flexible premium non-participating variable life insurance contract mean?
This represents the total number of insured lives covered under specific group flexible premium non-participating variable life insurance contracts. It quantifies the scale of the bank's insurance-related business activities and the associated policyholder base. This metric is used to assess the volume of insurance products managed by the institution.