IBCP - NASDAQ
Independent Bank Corporation
$33.19
-3.1%Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
At a Glance
Live SnapshotIndependent Bank Corporation Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
Independent Bank Corporation Cash Flow Statement
IBCP • NASDAQ
| Independent Bank Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
68.5M | 66.8M | 59.1M | 63.4M | 62.9M | 56.2M | 46.4M | 39.8M | 20.5M | 22.8M | 20M | 18M | 77.5M | 26.2M | -20.2M | -16.7M | -90.2M | -91.7M | 10.4M | 33.2M | |
0.0 | 10M | 10M | 10.8M | 12.1M | 6.3M | 6.1M | 6M | 7M | 5.2M | 4.6M | 3M | -2.2M | -4.7M | -11.3M | -27.7M | -43.3M | -22.8M | -12.6M | -9.8M | |
0.0 | -1.2M | 215K | -359K | 1.9M | -2.1M | 1.1M | 9.3M | 16M | 9.7M | 9.2M | 8.9M | -57.6M | 0.0 | 201K | -1.5M | 2.1M | 10.9M | -6.3M | -2.3M | |
0.0 | 2.3M | 2.2M | 2.1M | 1.9M | 2M | 1.9M | 1.7M | 1.7M | 1.6M | 1.5M | 1.2M | 1.2M | 869K | 1.2M | 542K | 809K | 588K | 0.0 | 0.0 | |
15.9M | 9.4M | 22.3M | 29.9M | 25.8M | -5.9M | -26.9M | -7.3M | -8.3M | -9M | -9.5M | -8.3M | 28.8M | 2.9M | 50.2M | 40.4M | 154.1M | 144.7M | 40.4M | 16.4M | |
(11.7M) | (13.9M) | (16.1M) | (10M) | (14.1M) | (15.5M) | (9.5M) | (120K) | (2M) | (563K) | (295K) | (216K) | (43K) | (292K) | (59K) | (513K) | (335K) | (877K) | (0.0) | (0.0) | |
-7.8M | -24.2M | -18.2M | -11.2M | 5.5M | 2.3M | 6M | -4.7M | 1.7M | -6.6M | -2.9M | -9.8M | 4.2M | 4.2M | 15.3M | 2.3M | -19.1M | -21M | -14M | -15.2M | |
76.7M | 63.2M | 75.6M | 94.6M | 110.2M | 58.7M | 34.5M | 44.9M | 38.6M | 23.7M | 22.9M | 13.1M | 52.1M | 29.4M | 35.4M | -2.5M | 4.4M | 20.8M | 17.8M | 22.2M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-6.5M | -8M | -6M | -5.7M | -5.8M | -4.4M | -4.9M | -3.9M | -4.2M | -3.5M | -4.4M | -4.3M | -8.4M | -5.3M | -2.8M | -4.4M | -8M | -8.1M | -10.3M | -13.3M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (23.5M) | (33.4M) | (0.0) | -7.2M | (0.0) | (3.3M) | -340M | (0.0) | (349.6M) | (0.0) | (0.0) | (386M) | (0.0) | |
(0.0) | -3.6M | -1.7M | -140.2M | -824.3M | -859.1M | -237.7M | -105.5M | -100.6M | -298.4M | -235.2M | -225.3M | -334.6M | -192.7M | -173.2M | -55.2M | -15.8M | -29.1M | -72.9M | -5.3M | |
0.0 | 140.5M | 145.4M | 260M | 461.1M | 344.8M | 222.7M | 209.4M | 191M | 267.5M | 184M | 161.2M | 76.5M | 144.5M | 86.4M | 156.9M | 79.2M | 132.1M | 130.8M | 57.1M | |
-116M | -247.1M | -300.6M | -538.7M | -194M | -35.2M | -162.2M | -306.9M | -397.2M | -104.5M | -97.8M | -13.7M | 42.1M | 119.7M | 217.1M | 386M | 0.0 | 41.2M | -57.8M | -104.5M | |
-122.5M | -118.2M | -162.9M | -424.6M | -563.1M | -553.9M | -182.2M | -183.4M | -277.6M | -138.9M | -160.5M | -82.1M | -221.1M | -273.9M | (127.5M) | (483.5M) | (147.6M) | (136.2M) | (375.7M) | -65.9M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-12.4M | 13K | -5.1M | -3.9M | -17.2M | -14.2M | -26M | -12.4M | 72K | -16.8M | -13.4M | 97K | 98.1M | 1.4M | 1.3M | 463K | 0.0 | 3.6M | -5.8M | -10.9M | |
-8M | -5M | -36M | 56M | -3K | -19.4M | 62.9M | -43.3M | 45.2M | -2.5M | -516K | -9.4M | -9.9M | -15.8M | -37.6M | -61.2M | -411.6M | 50.7M | 137.9M | -59.6M | |
-21.6M | -20M | -19.3M | -18.6M | -18.2M | -17.6M | -16.6M | -14.1M | -9M | -7.3M | -5.9M | -4.1M | (0.0) | (0.0) | (0.0) | (0.0) | -3.4M | -7.8M | -18.9M | -17.5M | |
-12.4M | (0.0) | -5.2M | -4M | -17.3M | -14.2M | -26.3M | -12.7M | (0.0) | -16.9M | -13.5M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -6M | -12M | |
106.4M | 30.2M | 243.2M | 261.4M | 479M | 599.9M | 122.4M | 224M | 174.2M | 139.2M | 168.2M | 37.4M | 101.1M | 97.5M | -170.8M | -323.5M | 494M | -293.5M | -500.6M | 137.4M | |
64.3M | 5.1M | 182.8M | 294.9M | 443.7M | 548.6M | 142.7M | 154M | 210.5M | 112.6M | 148.2M | 24M | 108.3M | 83.2M | -207.1M | -384.2M | 79M | -178.5M | -387.4M | 49.3M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
18.5M | -49.9M | 95.4M | -35.1M | -9.2M | 53.4M | -4.9M | 15.5M | -28.5M | -2.6M | 11.8M | -45.1M | -60.7M | -161.3M | -44.3M | 96.6M | 231M | -21.6M | 6.1M | 5.6M | |
119.9M | 169.8M | 74.4M | 109.5M | 118.7M | 65.3M | 70.2M | 54.7M | 83.2M | 85.8M | 74M | 119.1M | 179.8M | 341.1M | 385.4M | 288.7M | 57.7M | 79.3M | 73.1M | 67.5M | |
138.4M | 119.9M | 169.8M | 74.4M | 109.5M | 118.7M | 65.3M | 70.2M | 54.7M | 83.2M | 85.8M | 74M | 119.1M | 179.8M | 341.1M | 385.4M | 288.7M | 57.7M | 79.3M | 73.1M | |
70.2M | 55.2M | 69.6M | 89M | 104.3M | 54.3M | 29.6M | 41.1M | 34.4M | 20.2M | 18.5M | 8.8M | 43.7M | 24.1M | 32.9M | -7.3M | -3.6M | 12.6M | 7.5M | 8.9M |
SEC Filings
IBCP - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
S-4/A S-4/A (Amended) N/A | May 21, 2026 | May 21, 2026 | ||
S-4/A S-4/A (Amended) N/A | May 21, 2026 | May 21, 2026 | ||
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
S-4 S-4 N/A | May 01, 2026 | May 01, 2026 | ||
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 18, 2026 | March 18, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 06, 2026 | April 21, 2026 | 2026 |
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