Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
37.85
-0.18 (-0.47%)
Aug 10, 2026, 4:00 PM EDT - Market closed
Independent Bank Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 230.76 | 219.52 | 218.14 | 200.8 | 206.13 | 208.34 |
Revenue Growth | 6.12% | 0.63% | 8.64% | -2.59% | -1.06% | 8.57% |
Net Income Net Income Growth | 71.75 | 68.54 | 66.79 | 59.07 | 63.35 | 62.9 |
Earnings Per Share EPS Growth | 3.44 | 3.27 | 3.16 | 2.79 | 3.00 | 2.91 |
EPS Growth | 11.69% | 3.48% | 13.26% | -7.00% | 3.09% | 13.67% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Eliminations Eliminations Growth | -0.36 | -0.34 | -0.22 | -0.14 | -0.28 | - |
Other Other Growth | -1.96 | -2.76 | -2.99 | -3.48 | -2.76 | - |
Independent Bank Independent Bank Growth | 233.08 | 222.62 | 221.35 | 204.41 | 209.17 | 208.34 |
Total Total Growth | 230.76 | 219.52 | 218.14 | 200.8 | 206.13 | 208.34 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 165.45 | 138.39 | 119.88 | 169.78 | 74.37 | 109.47 |
Total Debt Total Debt Growth | 39.9 | 39.86 | 79.38 | 39.51 | 79.09 | 78.95 |
Net Cash (Debt) Net Cash Growth | 125.55 | 98.52 | 40.5 | 130.27 | -4.72 | 30.52 |
Net Cash Growth | 88.22% | 143.27% | -68.91% | - | - | -23.50% |
Net Cash Per Share Net Cash Per Share Growth | 6.03 | 4.70 | 1.92 | 6.15 | -0.22 | 1.40 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 37.12 | 76.66 | 63.15 | 75.59 | 94.63 | 110.15 |
Capital Expenditures CapEx Growth | -11.26 | -6.49 | -7.95 | -6.02 | -5.68 | -5.84 |
Free Cash Flow Free Cash Flow Growth | 25.86 | 70.17 | 55.2 | 69.57 | 88.95 | 104.32 |
Free Cash Flow Growth | -59.03% | 27.11% | -20.65% | -21.80% | -14.73% | 92.11% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Pretax Margin | 36.59% | 37.03% | 38.07% | 36.69% | 37.74% | 37.11% |
Profit Margin | 31.10% | 31.22% | 30.62% | 29.42% | 30.73% | 30.19% |
FCF Margin | 11.21% | 31.96% | 25.31% | 34.64% | 43.15% | 50.07% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.120 | 1.040 | 0.960 | 0.920 | 0.880 | 0.840 |
Dividend Per Share Growth | 7.84% | 8.33% | 4.35% | 4.54% | 4.76% | 5.00% |
Dividend Yield | 2.97% | 3.20% | 2.75% | 3.54% | 3.68% | 3.52% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 11.02 | 9.95 | 11.02 | 9.33 | 7.97 | 8.20 |
Forward PE | 10.11 | 9.65 | 11.48 | 9.60 | 8.45 | 10.47 |
P/FCF Ratio | 21.99 | 9.53 | 13.18 | 7.79 | 5.66 | 4.84 |
PS Ratio | 3.63 | 3.05 | 3.34 | 2.70 | 2.44 | 2.43 |