IBCP
NASDAQ · Banking
Independent Bank Corp - Mich
$35.59
-0.24 (-0.67%)
Financial Highlights (FY 2026)
Revenue
219.21M
Net Income
72.28M
Gross Margin
—
Profit Margin
30.0%
Rev Growth
+4.3%
D/E Ratio
0.08
Revenue & Net Income
Margin Trends
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Gross Margin | — | — | 54.1% | 54.1% |
| Operating Margin | 36.8% | 33.2% | 31.8% | 27.5% |
| Profit Margin | 30.0% | 28.5% | 22.3% | 27.6% |
Income Statement
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Revenue | 219.21M | 210.15M | 11.88M | 9.72M |
| Gross Profit | — | — | 6.43M | 5.26M |
| Operating Income | 80.75M | 69.67M | 3.78M | 2.67M |
| Net Income | 72.28M | 62.36M | 2.65M | 2.68M |
| Gross Margin | — | — | 54.1% | 54.1% |
| Operating Margin | 36.8% | 33.2% | 31.8% | 27.5% |
| Profit Margin | 30.0% | 28.5% | 22.3% | 27.6% |
| Rev Growth | +4.3% | +4.3% | +12.3% | -3.3% |
Balance Sheet
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Total Debt | 29.10M | 29.10M | 224.24M | 242.93M |
| Total Equity | 366.94M | 366.94M | 279.12M | 329.69M |
| D/E Ratio | 0.08 | 0.08 | 0.80 | 0.74 |
Cash Flow
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| EBITDA | 96.08M | 87.51M | 4.30M | 3.92M |
| Free Cash Flow | — | — | 1.56M | 1.40M |