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Total debt at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$17.64B+21.7%
Huntington Bancshares logo
Huntington BancsharesHBAN
$21.85B+21.1%
Equity Bancshares logo
Equity BancsharesEQBK
$5.83M+63.0%
SR Bancorp, Inc. logo
SR Bancorp, Inc.SRBK
$53M+65.6%
RBB Bancorp logo
RBB BancorpRBB
$143.84M-2.2%
BSR
Sierra BancorpBSRR
$49.53M-31.4%

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

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

Computed from long term debt + current portion long term debt + short term borrowings + operating lease liabilities + finance lease liabilities + financing obligations: $7.04M.

The source filing: Independent Bank Corporation’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 12:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000039311-26-000061

FAQ

What is Independent Bank Corporation's total debt?
Independent Bank Corporation (IBCP) reported total debt of $7.04M in Q2 2026.
How has Independent Bank Corporation's total debt changed year-over-year?
Independent Bank Corporation's total debt increased by 0.5% year-over-year, from $7M to $7.04M.
What is the long-term trend for Independent Bank Corporation's total debt?
Over 5 years (2020 to 2025), Independent Bank Corporation's total debt has grown at a -0.9% compound annual growth rate (CAGR), from $7.87M to $7.53M.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.

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