Independent Bank Corporation
IBCPNASDAQFinancial Services● Active
$34.75
+$0.17(+0.49%)
Market Cap$716063956
P/E Ratio—
52W High$39.17
52W Low$29.63
Independent Bank Corporation (IBCP) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · IBCP · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $0.32B | $0.32B | $0.28B | $0.22B | $0.21B |
| Cost of Revenue | $0.10B | $0.10B | $0.09B | $0.03B | $0.01B |
| Gross Profit | $0.22B | $0.21B | $0.19B | $0.20B | $0.20B |
| Gross Margin %(computed) | 69.61% | 66.92% | 68.29% | 88.65% | 96.33% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.10B | $0.09B | $0.08B | $0.08B | $0.08B |
| Total Operating Expenses | $0.14B | $0.13B | $0.12B | $0.12B | $0.12B |
| Operating Income | $0.08B | $0.08B | $0.07B | $0.08B | $0.08B |
| Operating Margin %(computed) | 25.78% | 26.25% | 25.96% | 34.69% | 37.33% |
| Interest Income | $0.27B | $0.27B | $0.24B | $0.17B | $0.14B |
| Interest Expense | $0.09B | $0.10B | $0.08B | $0.02B | $0.01B |
| Income Before Tax | $0.08B | $0.08B | $0.07B | $0.08B | $0.08B |
| Income Tax Expense | $0.01B | $0.02B | $0.01B | $0.01B | $0.01B |
| Net Income | $0.07B | $0.07B | $0.06B | $0.06B | $0.06B |
| Net Margin %(computed) | 21.73% | 21.11% | 20.81% | 28.25% | 30.37% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $3.30 | $3.20 | $2.82 | $3.00 | $2.91 |
| Wtd Avg Shares | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B |
| EBITDA | $0.08B | $0.09B | $0.08B | $0.09B | $0.09B |
| EBITDA Margin %(computed) | 25.78% | 29.42% | 29.49% | 39.52% | 43.18% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
Explore more Independent Bank Corporation data
About Independent Bank Corporation (IBCP) Income Statement
Independent Bank Corporation (IBCP) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, IBCP reported revenue of $0.32B, gross profit of $0.22B (gross margin 69.61%), and net income of $0.07B — a net profit margin of 21.73%.
Frequently asked questions
IBCP · 4 questionsIndependent Bank Corporation (IBCP) reported revenue of $0.32B for 2025, down 0.3% year-over-year.
IBCP revenueIBCP salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08