Skip to content
Screener

Independent Bank Corporation IBCP Interchange income

Interchange income at other companies

Orrstown Financial Services logo
Orrstown Financial ServicesORRF
$1.6M+11.2%
Orrstown Financial Services logo
Orrstown Financial ServicesORRF
$1.6M+11.2%
Citizens Community Bancorp logo
Citizens Community BancorpCZWI
$556K-1.4%
SBC
Seacoast Banking Corporation of FloridaSBCF
$2.09M+10.4%
First Financial Corporation logo
First Financial CorporationTHFF
$214K+18.9%
First Financial Corporation logo
First Financial CorporationTHFF
$214K+18.9%

Segments

By segment

See full
Independent Bank$3.58M+5.5%

Other financials

Income statement

See full
Revenue$63.2M+13.0%
Net income$18.8M+11.4%
EPS (diluted)$0.90+11.1%

Balance sheet

See full
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

See full
Operating cash flow$20.3M+5.7%
CapEx$3.6M+56.3%
Free cash flow$16.7M-1.1%

Valuation

See full
Market cap$844.24M+33.2%
Enterprise value$685.83M+38.7%
P/E11.8×+2.0×
P/S3.6×+0.7×

Profitability

See full
Net margin30.2%+1.2pp
FCF margin16%-12.2pp

Returns & leverage

See full
Return on equity14.4%0.0pp
Debt / equity0×0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept ibcp:InterchangeIncome.

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
Provision for credit losses2,7171,5003,0792,221
Net Interest Income After Provision for Credit Losses45,18543,11591,67886,079
Non-interest Income
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 value1,600—1,600—

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

FAQ

What is Independent Bank Corporation's interchange income?
Independent Bank Corporation (IBCP) reported interchange income of $3.58M in Q2 2026.
How has Independent Bank Corporation's interchange income changed year-over-year?
Independent Bank Corporation's interchange income increased by 5.5% year-over-year, from $3.39M to $3.58M.
What is the long-term trend for Independent Bank Corporation's interchange income?
Over 4 years (2021 to 2025), Independent Bank Corporation's interchange income has grown at a -0.3% compound annual growth rate (CAGR), from $14.05M to $13.86M.
What does interchange income mean?
This represents fees earned by the bank when customers use debit or credit cards for transactions at merchants. It is a key component of noninterest income that reflects the bank's retail payment volume and customer engagement levels.

Ask your AI about Independent Bank Corporation's interchange income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude