Dudediligence.

Independent Bank Corporation

IBCPNASDAQ · State Commercial Banks
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Fundamentals

Oldest to newest
Revenue, by quarter
$51.4MSep ’24$62.0MDec ’24$54.1MMar ’25$55.9MJun ’25$57.3MSep ’25$58.3MDec ’25$58.9MMar ’26$63.2MJun ’26
Net income, by quarter
$13.8MSep ’24$18.5MDec ’24$15.6MMar ’25$16.9MJun ’25$17.5MSep ’25$18.6MDec ’25$16.9MMar ’26$18.8MJun ’26
Fiscal years, by the month each ended
LineDec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue$206.4M$211.5M$207.0M$222.6M$225.7M
Net income$62.9M$63.4M$59.1M$66.8M$68.5M
Operating cash flow$110.2M$94.6M$75.6M$63.2M$76.7M
Free cash flow$104.3M$89.0M$69.6M$55.2M$70.2M
Cash$109.5M$74.4M$169.8M$119.9M$138.4M
Shares outstanding21.2M21.1M20.8M20.9M20.5M