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Return on assets at other companies

Financial Institutions logo
Financial InstitutionsFISI
1.3%+1.0pp
Fifth Third Bank logo
Fifth Third BankFITB
0.9%-0.2pp
Huntington Bancshares logo
Huntington BancsharesHBAN
0.9%-0.1pp
Great Southern Bancorp logo
Great Southern BancorpGSBC
1.2%+0.1pp
Independent Bank Corp logo
Independent Bank CorpINDB
1.1%+0.1pp
Southern Missouri Bancorp logo
Southern Missouri BancorpSMBC
1.3%+0.2pp

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$733.37M+16.4%
Enterprise value$565.68M+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

Calculated from Independent Bank Corporation’s reported figures.

Based on trailing twelve months.

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 return on assets?
Independent Bank Corporation (IBCP) reported return on assets of 1.3% in Q1 2026.
How has Independent Bank Corporation's return on assets changed year-over-year?
Independent Bank Corporation's return on assets increased by 2.0% year-over-year, from 1.3% to 1.3%.
What is the long-term trend for Independent Bank Corporation's return on assets?
Over 5 years (2020 to 2025), Independent Bank Corporation's return on assets has grown at a -2.6% compound annual growth rate (CAGR), from 1.4% to 1.3%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.