IBCPNasdaqState Commercial BanksFiscal year ends December 31
INDEPENDENT BANK CORP /MI/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$35.61+0.01 (+0.03%)
Close on Oct 19, 2026
- Market cap
- $740.94M
- P/E (TTM)
- 10.4
- Dividend yield
- 2.92%
INDEPENDENT BANK CORP /MI/ revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2015 | FY2014 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interchange income | $13.86M | $13.99M | $14.00M | $13.96M | $14.05M | $11.23M | $10.30M | $9.91M | – | – | 43.2% | -0.9% |
| Service Charges on Deposit Accounts | $12.02M | $11.87M | $12.36M | $12.29M | $10.17M | $8.52M | $11.21M | $12.26M | – | – | 37.5% | +1.3% |
| Investment and Insurance Commissions | $3.51M | $3.27M | $3.46M | $2.90M | $2.60M | $1.97M | $1.66M | $1.97M | – | – | 10.9% | +7.4% |
| Other Deposit Related Income | $2.68M | $2.85M | $3.09M | $2.50M | $2.28M | $2.31M | $2.79M | $2.99M | – | – | 8.4% | -5.8% |
| Transaction based revenue | $1.87M | $1.42M | $1.60M | $1.12M | $914.00K | $688.00K | $535.00K | $871.00K | – | – | 5.8% | +31.8% |
| Asset management revenue | $1.64M | $1.85M | $1.86M | $1.78M | $1.69M | $1.28M | $1.12M | $1.10M | – | – | 5.1% | -11.4% |
By region
From the segment and revenue-disaggregation notes of Independent Bank's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.