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IBCP · Independent Bank Corp /Mi/

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$38.31 -0.15 (-0.39%) At close · Aug 14
Market Cap
$850.46M
Shares
22.20M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$32.08M +0.3%
FY2025 Revenue FY2018–FY2025
Net Income
$68.54M +2.6%
FY2025 Net Income FY2009–FY2025
Diluted EPS
$3.27 +3.5%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
$76.66M +21.4%
FY2025 Operating Cash Flow FY2009–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$32.65M $32.08M $31.98M $32.9M $31.64M $29.1M $24.03M $25.95M $27.13M
$270.18M $269.74M $266.78M $239.68M $169.01M $138.08M $139.83M $148.93M $130.77M $98.31M $86.52M $80.84M $80.56M $87.12M $99.4M $114.76M $148.85M $189.06M
$186.47M $180.02M $166.25M $156.33M $149.56M $129.77M $123.61M $122.58M $113.28M $89.19M $79.64M $74.99M $73.26M $77.96M $86.26M $94.57M $111.65M $138.52M
$51.28M $45.64M $56.36M $50.68M $61.91M $76.64M $80.75M $47.74M $44.82M $42.53M $42.3M $40.13M $38.78M $44.83M $63.57M $46.91M $71.81M $59.8M
$500K $500K $500K $800K $1M $1M $1.1M $1M $300K $300K $300K $500K $800K $1.1M $1400 $1.28M
$9.91M $10.01M $10.02M $10.83M $12.13M $9.16M $6.06M $6.03M $6.96M $5.22M $4.55M $3.01M -$2.2M -$4.72M -$11.3M -$27.72M -$43.34M
$4M $6M $14.7M
$92.78M $83.35M $19.45M $8.32M $16.22M $26.35M $17.49M $9.12M $6.88M $5.86M $7.3M $9.16M $13.14M $20.19M $37.2M $50.53M
$84.43M $81.29M $83.05M $73.68M $77.79M $77.31M $69.48M $57.76M $49.13M $38.44M $32.9M $29.38M $25.22M $22.66M $26.2M -$20.41M -$18.3M -$93.44M
$12.67M $12.75M $16.26M $14.61M $14.44M $14.42M $13.33M $11.33M $9.29M $17.96M $10.14M $9.36M $7.2M -$54.85M $0 -$212K -$1.59M -$3.21M
$71.75M $68.54M $66.79M $59.07M $63.35M $62.9M $56.15M $46.44M $39.84M $20.48M $22.77M $20.02M $18.02M $77.51M $26.2M -$20.2M -$16.71M -$90.23M
213.69% 208.86% 179.52% 200.21% 216.15% 233.71% 178.92% 146.87%
$20.48M $22.77M $20.02M $18.02M $82.06M $21.85M -$24.36M -$20.8M -$94.53M
$85.3M $80.8M $68.99M $79.69M -$29.91M $53.37M $69.96M $52.76M $35.73M $23.32M $19.69M $19.62M $21.63M $76.32M $30.06M -$19M -$14.15M -$82.7M
USD/shares $3.30 $3.20 $2.82 $3.00 $2.91 $2.56 $2.03 $1.70 $0.96 $1.06 $0.88 $0.79 $5.87 $2.51 -$2.94 -$4.09 -$39.60
USD/shares $3.27 $3.16 $2.79 $2.97 $2.88 $2.53 $2.00 $1.68 $0.95 $1.05 $0.86 $0.77 $3.55 $0.80 -$2.94 -$4.09 -$39.60
shares 20.76M 20.89M 20.98M 21.1M 21.59M 21.98M 22.89M 23.41M 21.33M 21.38M 22.72M 22.93M 13.97M 8.71M 8277 5090
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $122.42M in buybacks, $175.56M in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
Peer median 27.88×
EV/EBIT
P/E (TTM)
11.14×
Peer median 12.81×

Peer medians compare against the 258 similar-size Banks - Regional companies (of 302 listed).

Valuation over time computed as of each quarter's filing date

Key facts CIK 39311 CUSIP 453838609 13F (30d) 193 filings 172 filers Visit website Investor relations