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PP&E (Net) at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$3.34B+30.6%
Huntington Bancshares logo
Huntington BancsharesHBAN
$2.17B+96.6%
Equity Bancshares logo
Equity BancsharesEQBK
$141.1M+20.0%
SR Bancorp, Inc. logo
SR Bancorp, Inc.SRBK
$4.94M-0.7%
RBB Bancorp logo
RBB BancorpRBB
$22.87M-4.5%
BSR
Sierra BancorpBSRR
$14.05M-8.1%

Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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Market cap$854.67M+37.0%
Enterprise value$696.26M+43.6%
P/E11.9×+2.3×
P/S3.6×+0.8×

Profitability

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

Returns & leverage

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Return on equity14.4%0.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

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 itemJune 30,2026December 31,2025
Allowance for credit losses(65,673)(63,445)
Net Loans4,348,1914,212,840
Other real estate and repossessed assets, net710896
Property and equipment, net44,54938,972
Bank-owned life insurance53,56753,750
Capitalized mortgage loan servicing rights, carried at fair value33,94931,493
Other intangibles, net7711,001
Goodwill28,30028,300

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

FAQ

What is Independent Bank Corporation's PP&E (net)?
Independent Bank Corporation (IBCP) reported PP&E (net) of $44.55M in Q2 2026.
How has Independent Bank Corporation's PP&E (net) changed year-over-year?
Independent Bank Corporation's PP&E (net) increased by 16.0% year-over-year, from $38.41M to $44.55M.
What is the long-term trend for Independent Bank Corporation's PP&E (net)?
Over 5 years (2020 to 2025), Independent Bank Corporation's PP&E (net) has grown at a 1.5% compound annual growth rate (CAGR), from $36.13M to $38.97M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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