INDEPENDENT BANK CORPORATION (IBCP)

36.86 +0.60% (+0.22)

Over 1M: -2.8%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

37 38
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Operating Cash Flow: -10.7M Q3 '21 — Net Income: 16M Q4 '21 — Operating Cash Flow: 54.2M Q4 '21 — Net Income: 12.5M Q1 '22 — Operating Cash Flow: 38.6M Q1 '22 — Net Income: 18M Q2 '22 — Operating Cash Flow: 22.6M Q2 '22 — Net Income: 13M Q3 '22 — Operating Cash Flow: 32.7M Q3 '22 — Net Income: 17.3M Q4 '22 — Operating Cash Flow: 827K Q4 '22 — Net Income: 15.1M Q1 '23 — Operating Cash Flow: 23.4M Q1 '23 — Net Income: 13M Q2 '23 — Operating Cash Flow: 9.7M Q2 '23 — Net Income: 14.8M Q3 '23 — Operating Cash Flow: 25.7M Q3 '23 — Net Income: 17.5M Q4 '23 — Operating Cash Flow: 16.8M Q4 '23 — Net Income: 13.7M Q1 '24 — Operating Cash Flow: 20.8M Q1 '24 — Net Income: 16M Q2 '24 — Operating Cash Flow: 8.7M Q2 '24 — Net Income: 18.5M Q3 '24 — Operating Cash Flow: 17.2M Q3 '24 — Net Income: 13.8M Q4 '24 — Operating Cash Flow: 16.4M Q4 '24 — Net Income: 18.5M Q1 '25 — Operating Cash Flow: 19.3M Q1 '25 — Net Income: 15.6M Q2 '25 — Operating Cash Flow: 19.2M Q2 '25 — Net Income: 16.9M Q3 '25 — Operating Cash Flow: 30.4M Q3 '25 — Net Income: 17.5M Q4 '25 — Operating Cash Flow: 7.8M Q4 '25 — Net Income: 18.6M Q1 '26 — Operating Cash Flow: -9.2M Q1 '26 — Net Income: 16.9M Q2 '26 — Operating Cash Flow: 20.3M Q2 '26 — Net Income: 18.8M 0 15M 30M 45M 60M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Operating Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

8.4
OE margin 108.5%
Accruals 0.4%
FCF margin 116.7%
OCF margin 151.2%
Profit margin 219.8%
ROE 13.6%
ROA 1.3%
Asset turnover 0.0058×
EBITDA margin —
Gross margin —
OCF / EBIT —
Oper. margin —
ROCE —
ROIC —

2 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.7
RPO / sales —
RPO growth —
Segment HHI —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

9.0
ND/EBITDA —
Debt / Eq 0.0×
Debt payback 0.0 yr
Payout 31.1%
F-score 6.0 pts
Cash / Debt —
Cash runway —
Current ratio —
Interest cover —
Quick ratio —

1 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.4
Sales/sh Y/Y +3.6%
Shares change -0.64%
Div. growth +7.8%
EPS CAGR 4Y +3.2%
EPS Y/Y +11.6%
Sales Q/Q +4.1%
EBIT CAGR —
EBIT Y/Y —
EPS next Y —

2 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.