Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
33.52
+0.25 (0.75%)
Mar 16, 2026, 4:00 PM EDT - Market closed

Independent Bank Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
68.5466.7959.0763.3562.9
Depreciation & Amortization
9.9110.0110.0210.8312.13
Provision for Credit Losses
6.144.476.215.34-1.93
Stock-Based Compensation
2.722.332.232.141.95
Net Change in Loans Held-for-Sale
5.1910.1622.0334.8472.84
Other Adjustments
-8.07-6.44-5.76-10.67-43.24
Changes in Accrued Interest and Accounts Receivable
-25.65-25.19-14.62-25.84-11.67
Changes in Accrued Expenses
17.891.02-3.614.6517.17
Operating Cash Flow
76.6663.1575.5994.63110.15
Operating Cash Flow Growth
21.39%-16.46%-20.12%-14.09%87.71%
Net Change in Loans Held-for-Investment
-238.54-251.02-305.05-542.51-195.51
Net Change in Securities and Investments
109.69136.92143.66119.83-363.25
Capital Expenditures
-6.49-7.95-6.02-5.68-5.84
Sale of Property, Plant & Equipment
-0.961.651.830.06
Other Investing Activities
12.842.932.821.931.47
Investing Cash Flow
-122.5-118.16-162.95-424.59-563.06
Net Change in Deposits
107.5931.21243.81261.98479.74
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements
-0.01-0.02-60.9861-0
Long-Term Debt Issued
307130135290100
Long-Term Debt Repaid
-315-135-110-295-100
Net Long-Term Debt Issued (Repaid)
-8-525-5-
Issuance of Common Stock
-0.010.070.080.06
Repurchase of Common Stock
-13.65-1.05-5.81-4.63-17.96
Net Common Stock Issued (Repurchased)
-13.65-1.04-5.74-4.55-17.9
Common Dividends Paid
-21.6-20.05-19.33-18.57-18.16
Financing Cash Flow
64.345.11182.77294.86443.68
Net Cash Flow
18.51-49.995.41-35.1-9.23
Free Cash Flow
70.1755.269.5788.95104.32
Free Cash Flow Growth
27.11%-20.65%-21.80%-14.73%92.11%
FCF Margin
31.96%25.31%34.64%43.15%50.07%
Free Cash Flow Per Share
3.352.623.294.184.78
Levered Free Cash Flow
56.1939.6869.8552.374.69
Unlevered Free Cash Flow
-4.35-22.12-14.22-6.0511.8
Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.
SEC Filings: 10-K · 10-Q