INDEPENDENT BANK CORP /MI/ (IBCP) reported revenue of $32.65M and net income of $71.75M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from INDEPENDENT BANK CORP /MI/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $32.65M |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | Unavailable |
| Net income | $71.75M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $84.43M |
| Income tax expense | $12.67M |
| Diluted EPS | $3.44 |
| Selling, general & administrative | Unavailable |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $165.45M |
| Total assets | $5.66B |
| Current assets | Unavailable |
| Total liabilities | $5.14B |
| Current liabilities | Unavailable |
| Total equity incl. NCI | $528.41M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | Unavailable |
| Goodwill | $28.30M |
| Long-term debt | Unavailable |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $49.35M |
| Capital expenditures | $11.26M |
| Investing cash flow | -$189.01M |
| Financing cash flow | $158.95M |
| Net change in cash | Unavailable |
| Stock-based compensation | $2.68M |
| Common dividends paid | $22.30M |
| Common share repurchases | $5.08M |
| Depreciation & amortization | $9.91M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $38.09M |
| Gross margin | Unavailable |
| Operating margin | Unavailable |
| FCF margin | 116.7% |
| SBC / revenue | 8.2% |
| Current ratio | Unavailable |
| Revenue YoY growth | 2.9% |
| Net margin | 219.8% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 34.5% |
| Long-term debt / equity | Unavailable |
| Effective tax rate | 15.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IBCP in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.