Independent Bank Corporation (IBCP) quarterly cash flow statement — complete operating, investing & financing history
Independent Bank Corporation (IBCP) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 24.47M | 20.97M | -9.16M | 7.79M | 18.2M | 18.97M | 31.7M | 16.37M | 17.2M | 8.75M | 20.83M | 16.8M | 25.71M | 9.69M | 23.39M | -736K | 32.68M | 22.55M | 38.57M | 54.24M |
| Operating CF Growth % | 34.46% | 10.56% | -128.89% | -52.39% | 5.8% | 116.86% | 52.16% | -2.57% | -33.1% | -9.74% | -10.91% | 2382.74% | -21.32% | -57.03% | -39.37% | -101.36% | 405.82% | -28.47% | 10% | 172.09% |
| Net Income | 17.85M | 18.8M | 16.88M | 18.57M | 17.5M | 16.88M | 15.59M | 18.46M | 13.81M | 18.53M | 15.99M | 13.74M | 17.54M | 14.79M | 12.99M | 15.09M | 17.3M | 13M | 17.97M | 12.51M |
| Depreciation & Amortization | 2.47M | 2.39M | 2.37M | 2.39M | 2.76M | 2.4M | 2.35M | 2.48M | 2.51M | 2.5M | 2.51M | 2.54M | 2.53M | 2.52M | 2.42M | 2.49M | 2.61M | 2.87M | 2.87M | 2.85M |
| Deferred Taxes | 298K | -422K | 1.4M | -931K | -789K | -775K | -1.04M | -1.1M | -1.32M | -361K | 1.53M | -606K | -434K | -181K | 1.44M | -2.28M | -758K | 506K | 2.17M | 1.09M |
| Other Non-Cash Items | -21.87M | 3.92M | -9.89M | 5.62M | 3.35M | -2.06M | -123K | 8.99M | 5.83M | -9.53M | 4.15M | 2.25M | 8.38M | -643K | 12.28M | -15.28M | 25.27M | -2.92M | 22.79M | 30.83M |
| Working Capital Changes | 25.68M | -5.08M | -20.6M | -18.6M | -5.2M | 1.88M | 14.16M | -13.06M | -4.19M | -2.97M | -3.95M | -1.69M | -2.93M | -7.28M | -6.32M | -1.3M | -12.27M | 8.55M | -7.74M | 6.45M |
| Cash from Investing | 7.41M | -105.04M | -16.7M | -45.56M | -9.63M | -70.64M | 3.33M | -85.23M | -67.47M | 16.85M | 17.69M | -6.75M | -78.88M | -82.27M | 4.95M | -42.23M | -114.57M | -146.2M | -120.03M | -167.46M |
| Purchase of Investments | 178.84M | -175.41M | -5.43M | -6.51M | -10.45M | -8.51M | -1M | 0 | -3.63M | 0 | 0 | 0 | -1.3M | -40K | -400K | 0 | -2.66M | -12.99M | -124.56M | -176.24M |
| Sale/Maturity of Investments | -154M | 214M | 27.03M | 28.99M | 37.66M | 32.77M | 36.73M | 19.78M | 23.8M | 28.42M | 68.61M | 39.12M | 33.8M | 41.33M | 31.35M | 35.33M | 37.99M | 118.22M | 68.49M | 72.9M |
| Net Investment Activity | 24.84M | 38.59M | 21.6M | 22.49M | 27.21M | 24.26M | 35.73M | 19.78M | 20.17M | 28.42M | 68.61M | 39.12M | 32.49M | 41.29M | 30.95M | 35.33M | 35.33M | 105.23M | -56.07M | -103.34M |
| Acquisitions | 132.29M | 0 | 0 | 0 | 0 | 0 | 0 | 661K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -138.52M | -148.23M | -33.69M | -66.61M | -35.19M | -92.62M | -31.27M | -101.67M | -86.16M | -9.8M | -50.24M | -44.35M | -109.94M | -121.67M | -24.68M | -75.85M | -148.9M | -250.84M | -61.58M | -62.82M |
| Cash from Financing | -16.05M | 75.14M | 62.38M | -32.53M | 53.96M | 69.68M | -26.77M | 67.18M | -42.52M | 26.9M | -46.46M | 32.27M | 51.44M | -25.25M | 124.31M | 46.71M | 93.04M | 73.31M | 81.81M | 97.06M |
| Dividends Paid | -6.21M | -5.77M | -5.77M | -5.38M | -5.38M | -5.39M | -5.45M | -5.01M | -5.02M | -5.02M | -5M | -4.79M | -4.82M | -4.86M | -4.86M | -4.63M | -4.63M | -4.63M | -4.67M | -4.47M |
| Share Repurchases | -2.77M | -1.39M | 0 | -4.66M | -413K | -7.32M | -33K | 0 | 0 | 0 | 0 | -194K | -1.69M | -3.27M | 0 | 0 | 0 | -2.63M | -1.38M | -3.5M |
| Stock Issued | 4.18M | 0 | -854K | -10K | -41K | -27K | -1.14M | 13K | -34K | 0 | 0 | -1K | 0 | 23K | 48K | 3K | 42K | 19K | 13K | 6K |
| Net Stock Activity | 1.41M | -1.39M | -854K | -4.67M | -454K | -7.35M | -1.17M | 13K | -34K | 0 | 0 | -195K | -1.69M | -3.25M | 48K | 3K | 42K | -2.61M | -1.37M | -3.49M |
| Debt Issuance (Net) | 0 | 1000K | -1000K | 1000K | -1000K | 1000K | 5K | 1000K | -1000K | 8K | -22K | 12K | -1000K | 1000K | -1000K | -701K | 1000K | -1000K | -3K | 2K |
| Other Financing | -9.83M | -43.7M | 119M | -97.47M | 199.8M | 25.43M | -20.16M | 27.17M | 12.55M | 31.91M | -41.44M | 37.24M | 97.95M | -57.13M | 165.1M | 52.04M | 36.43M | 85.04M | 87.85M | 105.03M |
| Net Change in Cash | 15.83M | -8.93M | 36.53M | -70.3M | 62.53M | 18.01M | 8.26M | -1.68M | -92.79M | 52.5M | -7.94M | 42.32M | -1.73M | -97.83M | 152.65M | 3.74M | 11.15M | -50.34M | 348K | -16.15M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 165.99M | 174.91M | 138.39M | 208.69M | 146.16M | 128.15M | 119.88M | 121.56M | 214.35M | 161.84M | 169.78M | 127.46M | 129.19M | 227.02M | 74.37M | 70.63M | 59.49M | 109.82M | 109.47M | 125.62M |
| Cash at End | 181.81M | 165.99M | 174.91M | 138.39M | 208.69M | 146.16M | 128.15M | 119.88M | 121.56M | 214.35M | 161.84M | 169.78M | 127.46M | 129.19M | 227.02M | 74.37M | 70.63M | 59.49M | 109.82M | 109.47M |
| Interest Paid | 0 | -18.93M | 18.93M | 22.42M | 24.39M | 22.55M | 21.58M | 25.23M | 26.04M | 27.72M | 24.96M | 25.16M | 21.12M | 19.11M | 13.7M | 9.55M | 4.16M | 2.85M | 1.1M | 2.55M |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 3.15M | 6M | 2.5M | 2.5M | 4.6M | 6.8M | 0 | 4.8M | 3.7M | 7.6M | 0 | 5M | 1.1M | 3.94M | 0 | 2M |
| Free Cash Flow | 13.27M | 25.58M | -13.77M | 6.36M | 16.54M | 16.69M | 30.58M | 12.36M | 15.71M | 6.97M | 20.16M | 15.29M | 24.27M | 7.95M | 22.06M | -2.45M | 31.68M | 21.97M | 36.19M | 52.94M |
| FCF Growth % | -19.81% | 53.27% | -145.02% | -48.57% | 5.31% | 139.32% | 51.69% | -19.15% | -35.28% | -12.22% | -8.63% | 725.02% | -23.38% | -63.84% | -39.04% | -104.62% | 360.87% | -27.73% | 9.28% | 191.62% |