Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
36.75
-0.50 (-1.34%)
Nov 5, 2026, 12:43 PM EST - Market open
Independent Bank Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Net Income | 68.54 | 66.79 | 59.07 | 63.35 | 62.9 |
Depreciation & Amortization | 5.49 | 5.72 | 5.75 | 10.83 | 6.37 |
Gain (Loss) on Sale of Investments | 4.79 | 4.72 | 4.49 | 0.28 | 4.35 |
Provision for Credit Losses | 6.14 | 4.47 | 6.21 | 5.34 | -1.93 |
Net Decrease (Increase) in Loans Originated / Sold - Operating | 5.19 | 10.16 | 22.03 | 34.84 | 72.84 |
Accrued Interest Receivable | -25.65 | -25.19 | -14.62 | -25.84 | -11.67 |
Change in Other Net Operating Assets | 17.89 | 1.02 | -3.6 | 14.65 | 17.17 |
Other Operating Activities | -1.89 | -0.29 | 1.46 | -4.51 | -5.95 |
Operating Cash Flow | 76.66 | 63.15 | 75.59 | 94.63 | 110.15 |
Operating Cash Flow Growth | 21.39% | -16.46% | -20.12% | -14.09% | 87.71% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Capital Expenditures | -6.49 | -7.95 | -6.02 | -5.68 | -5.84 |
Sale of Property, Plant and Equipment | - | 0.96 | 1.65 | 1.83 | 0.06 |
Investment in Securities | 109.69 | 136.92 | 143.66 | 119.83 | -363.25 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | -225.85 | -251.02 | -305.05 | -542.51 | -195.51 |
Other Investing Activities | 0.15 | 2.93 | 2.82 | 1.93 | 1.47 |
Investing Cash Flow | -122.5 | -118.16 | -162.95 | -424.59 | -563.06 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Long-Term Debt Issued | 307 | 130 | 135 | 351 | 100 |
Long-Term Debt Repaid | -315.01 | -135.02 | -170.98 | -295 | -100 |
Net Debt Issued (Repaid) | -8.01 | -5.02 | -35.98 | 56 | -0 |
Issuance of Common Stock | - | 0.01 | 0.07 | 0.08 | 0.06 |
Repurchase of Common Stock | -12.43 | - | -5.16 | -4.01 | -17.27 |
Common Dividends Paid | -21.6 | -20.05 | -19.33 | -18.57 | -18.16 |
Net Increase (Decrease) in Deposit Accounts | 107.59 | 31.21 | 243.81 | 261.98 | 479.74 |
Other Financing Activities | -1.22 | -1.05 | -0.65 | -0.62 | -0.69 |
Financing Cash Flow | 64.34 | 5.11 | 182.77 | 294.86 | 443.68 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Net Cash Flow | 18.51 | -49.9 | 95.41 | -35.1 | -9.23 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Free Cash Flow | 70.17 | 55.2 | 69.57 | 88.95 | 104.32 |
Free Cash Flow Growth | 27.11% | -20.65% | -21.80% | -14.73% | 92.11% |
Free Cash Flow Margin | 31.96% | 25.30% | 34.64% | 43.15% | 50.07% |
Free Cash Flow Per Share | 3.35 | 2.62 | 3.29 | 4.18 | 4.78 |