Independent Bank Corporation (IBCP) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Independent Bank Corporation (IBCP) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

IBCP Income Statement

Independent Bank Corporation (IBCP) annual income statement — 30-year revenue, gross profit & net income history

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

Net Interest Income	55.26M	47.9M	46.85M	46.35M	45.36M	44.62M	43.69M	42.85M	41.85M	41.35M	40.2M	40.11M	39.43M	38.35M	38.44M	40.6M	39.9M	36.06M	33M	34.28M
NII Growth %	21.82%	7.37%	7.26%	8.17%	8.38%	7.91%	8.68%	6.83%	6.16%	7.81%	4.57%	-1.21%	-1.18%	6.35%	16.48%	18.43%	18.03%	14.87%	8.97%	10.62%
Net Interest Margin %	0.88%	0.85%	0.84%	0.84%	0.83%	0.82%	0.82%	0.8%	0.8%	0.78%	0.77%	0.76%	0.76%	0.75%	0.75%	0.81%	0.81%	0.75%	0.69%	0.73%
Interest Income	77.31M	67.29M	66.17M	67.42M	69.29M	66.88M	66.14M	66.98M	68.33M	66.34M	65.13M	65.36M	62.43M	57.95M	53.94M	50.98M	44.92M	38.36M	34.74M	36.22M
Interest Expense	22.06M	19.39M	19.31M	21.07M	23.93M	22.26M	22.46M	24.13M	26.48M	24.99M	24.93M	25.25M	23M	19.6M	15.49M	10.38M	5.03M	2.3M	1.74M	1.94M
Loan Loss Provision	4.81M	2.72M	362K	1.92M	1.99M	1.1M	906K	2.55M	1.6M	-119K	95K	-269K	1.8M	3.42M	1.7M	1.31M	3.53M	3.03M	-1.93M	1.84M
Non-Interest Income	8.89M	15.33M	8.45M	11.96M	10.1M	9.45M	8.59M	17.55M	7.7M	13.41M	11.03M	7.53M	13.97M	13.62M	8.91M	9.75M	15.16M	12.72M	17.38M	13.87M
Non-Interest Income %	13.86%	24.25%	15.28%	20.51%	18.21%	17.49%	16.42%	29.06%	15.54%	24.49%	21.53%	15.81%	26.17%	26.21%	18.81%	19.36%	27.54%	26.08%	34.49%	28.8%
Total Net Revenue	64.15M	63.24M	55.3M	58.31M	55.46M	54.07M	52.27M	60.41M	49.56M	54.76M	51.23M	47.64M	53.4M	51.97M	47.35M	50.35M	55.06M	48.78M	50.38M	48.15M
Revenue Growth %	15.67%	16.95%	5.8%	-3.46%	11.92%	-1.25%	2.04%	26.79%	-7.2%	5.36%	8.19%	-5.38%	-3.01%	6.53%	-6.02%	4.56%	6.78%	10.61%	-8.67%	-8.05%
Non-Interest Expense	37.84M	37.81M	34.71M	36.08M	32.3M	32.29M	32.24M	35.09M	30.66M	31.71M	31.31M	29.96M	29.95M	30.35M	29.78M	30.45M	30.29M	29.88M	30.23M	30.84M
Efficiency Ratio	58.99%	59.79%	62.77%	61.87%	58.24%	59.71%	61.68%	58.09%	61.88%	57.91%	61.12%	62.89%	56.08%	58.39%	62.89%	60.47%	55%	61.24%	60.02%	64.05%
Operating Income	21.5M	22.71M	20.23M	20.31M	21.18M	20.68M	19.13M	22.77M	17.29M	23.17M	19.82M	17.95M	21.65M	18.2M	15.88M	18.59M	21.25M	15.88M	22.07M	15.47M
Operating Margin %	33.51%	35.91%	36.58%	34.83%	38.18%	38.24%	36.59%	37.69%	34.89%	42.31%	38.69%	37.67%	40.55%	35.02%	33.53%	36.92%	38.59%	32.55%	43.81%	32.13%
Operating Income Growth %	1.53%	9.83%	5.77%	-10.79%	22.47%	-10.74%	-3.51%	26.86%	-20.14%	27.27%	24.86%	-3.45%	1.91%	14.62%	-28.08%	20.15%	8.15%	5.49%	-18.68%	-26.57%
Pretax Income	21.5M	22.71M	20.23M	20.31M	21.18M	20.68M	19.13M	22.77M	17.29M	23.17M	19.82M	17.95M	21.65M	18.2M	15.88M	18.59M	21.25M	15.88M	22.07M	15.47M
Pretax Margin %	33.51%	35.91%	36.58%	34.83%	38.18%	38.24%	36.59%	37.69%	34.89%	42.31%	38.69%	37.67%	40.55%	35.02%	33.53%	36.92%	38.59%	32.55%	43.81%	32.13%
Income Tax	3.65M	3.9M	3.35M	1.74M	3.67M	3.8M	3.54M	4.31M	3.48M	4.64M	3.83M	4.2M	4.11M	3.41M	2.88M	3.5M	3.95M	2.88M	4.11M	2.96M
Effective Tax Rate %	16.97%	17.2%	16.58%	8.56%	17.35%	18.38%	18.49%	18.92%	20.13%	20.02%	19.32%	23.42%	18.98%	18.75%	18.17%	18.84%	18.59%	18.13%	18.6%	19.16%
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
Net Margin %	27.82%	29.74%	30.51%	31.85%	31.56%	31.21%	29.83%	30.56%	27.87%	33.84%	31.22%	28.85%	32.85%	28.46%	27.44%	29.96%	31.42%	26.65%	35.66%	25.97%
Net Income Growth %	1.99%	11.42%	8.24%	0.6%	26.73%	-8.91%	-2.51%	34.33%	-21.28%	25.27%	23.09%	-8.9%	1.42%	13.76%	-27.7%	20.61%	8.36%	4.95%	-18.47%	-26.36%
Net Income (Continuing)	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
EPS (Diluted)	0.80	0.90	0.81	0.89	0.84	0.81	0.74	0.87	0.65	0.88	0.76	0.65	0.83	0.70	0.61	0.71	0.81	0.61	0.84	0.58
EPS Growth %	-4.76%	11.11%	9.46%	2.3%	29.23%	-7.95%	-2.63%	33.85%	-21.69%	25.71%	24.59%	-8.45%	2.47%	14.75%	-27.38%	22.41%	10.96%	8.93%	-16%	-24.68%
EPS (Basic)	0.81	0.91	0.82	0.90	0.85	0.81	0.74	0.88	0.66	0.89	0.77	0.66	0.84	0.70	0.62	0.72	0.82	0.62	0.85	0.59
Diluted Shares Outstanding	22.35M	20.81M	20.78M	20.85M	20.9M	20.95M	21.15M	21.12M	21.11M	21.11M	21.08M	21.05M	21.11M	21.22M	21.3M	21.27M	21.25M	21.27M	21.4M	21.47M