Independent Bank Corporation (IBCP)

NASDAQ: IBCP · Real-Time Price · USD

37.90

-0.13 (-0.34%)

At close: Aug 10, 2026, 4:00 PM EDT

37.90

0.00 (0.00%)

After-hours: Aug 10, 2026, 4:10 PM EDT

Independent Bank Income Statement

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
Net Interest Income	186.47	180.02	166.25	156.33	149.56	129.77
Net Interest Income Growth	7.78%	8.28%	6.35%	4.52%	15.25%	4.98%
Non-Interest Income	51.28	45.64	56.36	50.68	61.91	76.64
Non-Interest Income Growth	1.79%	-19.02%	11.22%	-18.14%	-19.22%	-5.08%
Revenues Before Loan Losses	237.75	225.66	222.61	207.01	211.47	206.41
Provision for Credit Losses	6.99	6.14	4.47	6.21	5.34	-1.93
Revenue	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%
Compensation Expenses	88.08	85.19	84.96	78.97	81.01	79.97
Selling, General & Admin	36.28	34.48	32.87	30.31	30.18	30.86
Other Non-Interest Expenses	19.45	18.56	17.28	17.85	17.16	20.2
Total Non-Interest Expense	146.33	138.23	135.1	127.12	128.34	131.02
Pretax Income	84.43	81.29	83.05	73.68	77.79	77.31
Provision for Income Taxes	12.67	12.75	16.26	14.61	14.44	14.42
Net Income	71.75	68.54	66.79	59.07	63.35	62.9
Net Income to Common	71.75	68.54	66.79	59.07	63.35	62.9
Net Income Growth	10.84%	2.62%	13.08%	-6.76%	0.73%	12.01%
Shares Outstanding (Basic)	21	21	21	21	21	22
Shares Outstanding (Diluted)	21	21	21	21	21	22
Shares Change	-1.18%	-0.68%	-0.30%	-0.59%	-2.34%	-1.86%
EPS (Basic)	3.48	3.30	3.20	2.82	3.00	2.91
EPS (Diluted)	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%

Additional Metrics

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
Free Cash Flow	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%
Free Cash Flow Per Share	1.24	3.35	2.62	3.29	4.18	4.78
Dividends Per Share	1.080	1.040	0.960	0.920	0.880	0.840
Dividend Growth	8.00%	8.33%	4.35%	4.54%	4.76%	5.00%
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%
Effective Tax Rate	15.01%	15.68%	19.57%	19.83%	18.56%	18.65%

SEC Filings: 10-K · 10-Q