Independent Bank Corporation IBCP Mortgage loan servicing rights sold, capitalized, percentage

Mortgage loan servicing rights sold, capitalized, percentage at other companies

Western Alliance BancorporationWAL

$294.8M+13.2%

TFS FinancialTFSL

$8.98M+14.6%

Republic BancorpRBCAA

$377K+19.3%

SPF

South Plains Financial, Inc.SPFI

1.4%—

GBC

Glacier BancorpGBCI

$11.87M+0.2%

BOK FinancialBOKF

$4.01M+59.8%

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 / equity0×0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept ibcp:MortgageLoanServicingRightsSoldCapitalizedPercentage.

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 mortgage loan servicing rights sold, capitalized, percentage?: Independent Bank Corporation (IBCP) reported mortgage loan servicing rights sold, capitalized, percentage of 41.5% in Q1 2025.
What does mortgage loan servicing rights sold, capitalized, percentage mean?: This metric measures the percentage of the total capitalized mortgage servicing rights portfolio that was sold during the period. It indicates the intensity of the bank's efforts to liquidate its capitalized servicing assets. High turnover may suggest a shift in business model or a need to bolster liquidity.