IBCP
Independent Bank Corporation
NASDAQ: IBCP · FINANCIAL SERVICES · BANKS - REGIONAL
$33.21
-0.63% today
Updated 2026-04-30
Market cap
$689.83M
P/E ratio
10.03
P/S ratio
3.07x
EPS (TTM)
$3.34
Dividend yield
3.17%
52W range
$29 – $37
Volume
0.2M
Independent Bank Corporation (IBCP) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.43B | $3.28B | $2.96B | $2.97B | $2.54B | $2.31B | $2.02B | $2.21B | $2.25B | $2.41B | $2.55B | $2.79B | $3.35B | $3.56B | $4.20B | $4.70B | $5.00B | $5.26B | $5.34B | $5.51B |
| Cash & equivalents | $73.14M | $79.29M | $57.70M | $288.74M | $385.37M | $341.11M | $179.78M | $137.08M | $87.58M | $97.65M | $88.78M | $57.48M | $70.84M | $65.65M | $118.70M | $109.47M | $74.37M | $169.78M | $119.88M | $52.23M |
| Current assets | $73.14M | $79.29M | $57.70M | $316.20M | $469.09M | $540.46M | $416.09M | $607.28M | $1.65B | $1.77B | $1.88B | $2.21B | $2.83B | $626.80M | $1.25B | $1.59B | $982.62M | $849.13M | $145.27M | $548.14M |
| Total liabilities | $3.17B | $3.01B | $2.76B | $2.86B | $2.42B | $2.20B | $1.89B | $1.98B | $2.00B | $2.16B | $2.30B | $2.52B | $3.01B | $3.21B | $108.82M | $108.96M | $4.65B | $4.86B | $4.88B | $5.00B |
| Current liabilities | $2.72B | $2.56B | $2.13B | $2.61B | $2.29B | $2.13B | $1.81B | $1.92B | $22.98M | $23.37M | $720.71M | $19.91M | $10.00M | $28.64M | $1.16B | $1.59B | $4.55B | $4.62B | $4.65B | $991.98M |
| Long-term debt | $125.45M | $154.43M | $531.87M | $183.07M | $76.96M | $50.17M | $50.17M | $40.72M | $48.04M | $47.52M | $45.00M | $90.17M | $65.09M | $128.10M | $108.82M | $108.96M | $165.10M | $129.26M | $124.39M | — |
| Shareholder equity | $258.17M | $240.50M | $194.88M | $109.86M | $119.08M | $102.63M | $134.97M | $231.58M | $250.37M | $251.09M | $248.98M | $264.93M | $338.99M | $350.17M | $389.52M | $398.48M | $347.60M | $404.45M | $454.69M | $502.95M |
| Retained earnings | $31.42M | $22.77M | $-73.85M | $-169.10M | $-189.90M | $-214.26M | $-192.41M | $-110.35M | $-96.45M | $-82.33M | $-65.66M | $-54.09M | $-28.27M | $1.61M | $40.15M | $74.58M | $119.37M | $159.11M | $205.85M | $252.79M |
| Accounts receivable | — | — | — | $5.42M | $67.81M | $29.30M | $18.45M | $7.72M | $7.24M | $7.23M | $35.63M | $29.55M | $34.87M | $42.75M | $62.46M | $66.14M | $128.90M | — | — | — |
| Inventory | $35.00M | $43.68M | $47.60M | $65.77M | $89.51M | $44.80M | $22.16M | $22.56M | $23.59M | $23.73M | $26.37M | $1.64M | $1.30M | $-77.63M | $-131.79M | $-122.58M | $-91.34M | — | — | — |
| Goodwill | $48.71M | $66.75M | $16.73M | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $28.30M | $28.30M | $28.30M | $28.30M | $28.30M | $28.30M | $28.30M | $28.30M |