# Independent Bank Corp: overview

IBCP · Nasdaq · CIK 39311 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ibcp.md) · [Financials](/companies/ibcp/financials.md) · [Filings](/companies/ibcp/filings.md) · [Insiders](/companies/ibcp/insiders.md)

Latest reported revenue: [$8.2m](/filings/0000039311-26-000061.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000039311-26-000061).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [8.8](/filings/0000039311-25-000101.md) | [7.7 d](/filings/0000039311-26-000009.md) | [7.3](/filings/0000039311-26-000048.md) | [7.9](/filings/0000039311-26-000061.md) | [8.9](/filings/0000039311-25-000101.md) | [7.9 d](/filings/0000039311-26-000009.md) | [7.6](/filings/0000039311-26-000048.md) | [8.2](/filings/0000039311-26-000061.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [156.3%](/filings/0000039311-26-000009.md) | [240.6% d](/filings/0000039311-26-000009.md) | [212.3%](/filings/0000039311-26-000048.md) | [214.2%](/filings/0000039311-26-000061.md) | [196.2%](/filings/0000039311-26-000009.md) | [234.1% d](/filings/0000039311-26-000009.md) | [222.4%](/filings/0000039311-26-000048.md) | [229.2%](/filings/0000039311-26-000061.md) |
| Diluted EPS | $ per share | [0.65](/filings/0000039311-26-000009.md) | [0.87](/filings/0000039311-26-000009.md) | [0.74](/filings/0000039311-26-000048.md) | [0.81](/filings/0000039311-26-000061.md) | [0.84](/filings/0000039311-26-000009.md) | [0.89](/filings/0000039311-26-000009.md) | [0.81](/filings/0000039311-26-000048.md) | [0.90](/filings/0000039311-26-000061.md) |
| Free cash flow | $m | [15.7 d](/filings/0000039311-25-000101.md) | [12.4 d](/filings/0000039311-26-000009.md) | [18.1](/filings/0000039311-26-000048.md) | [16.9 d](/filings/0000039311-26-000061.md) | [28.8 d](/filings/0000039311-25-000101.md) | [6.4 d](/filings/0000039311-26-000009.md) | [(13.8)](/filings/0000039311-26-000048.md) | [16.7 d](/filings/0000039311-26-000061.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [29.1](/filings/0000039311-24-000035.md) | [31.6](/filings/0000039311-25-000044.md) | [32.9](/filings/0000039311-26-000009.md) | [32.0](/filings/0000039311-26-000009.md) | [32.1](/filings/0000039311-26-000009.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [216.1%](/filings/0000039311-24-000035.md) | [200.2%](/filings/0000039311-25-000044.md) | [179.5%](/filings/0000039311-26-000009.md) | [208.9%](/filings/0000039311-26-000009.md) | [213.7%](/filings/0000039311-26-000009.md) |
| Diluted EPS | $ per share | [2.88](/filings/0000039311-24-000035.md) | [2.97](/filings/0000039311-25-000044.md) | [2.79](/filings/0000039311-26-000009.md) | [3.16](/filings/0000039311-26-000009.md) | [3.27](/filings/0000039311-26-000009.md) |
| Free cash flow | $m | [104](/filings/0000039311-24-000035.md) | [89.0](/filings/0000039311-25-000044.md) | [69.6](/filings/0000039311-26-000009.md) | [55.2](/filings/0000039311-26-000009.md) | [70.2](/filings/0000039311-26-000009.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ibcp/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $107.7m | 2,984,939 |  | Added +91,860 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $32.1m | 890,443 |  | Added +29,296 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $31.7m | 879,625 |  | Reduced −25,575 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $29.7m | 824,463 |  | Added +111,277 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $28.2m | 780,992 |  | Added +67,729 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $25.2m | 697,724 |  | Added +74,697 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $22.3m | 617,500 |  | Added +35,209 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $19.4m | 537,677 |  | Added +34,247 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $15.0m | 415,987 |  | Reduced −127,163 |
| [MANUFACTURERS LIFE INSURANCE COMPANY, THE](/funds/928047.md) | 2026-06-30 | $13.7m | 380,322 |  | Reduced −2,712 |

## Recent filings

[All 1,523 filings](/companies/ibcp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 06:01 ET | [8-K](/filings/0000039311-26-000065.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000039311-26-000065 |
| 2026-08-05 | 12:18 ET | [10-Q](/filings/0000039311-26-000061.md) | Quarterly report, period 2026-06-30 | 0000039311-26-000061 |
| 2026-07-27 | 14:38 ET | [8-K](/filings/0000039311-26-000059.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000039311-26-000059 |
| 2026-07-23 | 06:01 ET | [8-K](/filings/0000039311-26-000056.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000039311-26-000056 |
| 2026-06-18 | 16:35 ET | [8-K](/filings/0000039311-26-000053.md) | 8.01 Other events | 0000039311-26-000053 |
| 2026-06-12 | 11:11 ET | [8-K](/filings/0000039311-26-000051.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000039311-26-000051 |
| 2026-05-06 | 10:53 ET | [10-Q](/filings/0000039311-26-000048.md) | Quarterly report, period 2026-03-31 | 0000039311-26-000048 |
| 2026-04-29 | 15:41 ET | [8-K](/filings/0000039311-26-000046.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000039311-26-000046 |
| 2026-04-24 | 14:36 ET | [8-K](/filings/0000039311-26-000044.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0000039311-26-000044 |
| 2026-04-23 | 08:12 ET | [8-K](/filings/0000039311-26-000042.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000039311-26-000042 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000039311-26-000009.md), filed Mar 6, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/d269b303-6f5f-4b20-a296-2736db4ab2f6)

## About the filer

- CIK: 39311
- Tickers: IBCP
- Exchange: Nasdaq
- SIC code: 6022 State Commercial Banks
- State of incorporation: MI
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 12:03 ET. No prices; not investment advice.