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 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interchange income | $3.58M | $3.23M | $3.19M | $4.16M | $3.39M | $3.13M | $3.29M | $4.15M | $3.40M | $3.15M | $3.34M | $4.10M | 43.6% | +5.5% |
| Service Charges on Deposit Accounts | $3.10M | $2.94M | $3.10M | $3.13M | $2.98M | $2.81M | $2.98M | $3.09M | $2.94M | $2.87M | $3.06M | $3.31M | 37.8% | +4.0% |
| Investment and Insurance Commissions | $864.00K | $809.00K | $1.01M | $940.00K | $810.00K | $753.00K | $745.00K | $881.00K | $838.00K | $804.00K | $1.01M | $876.00K | 10.5% | +6.7% |
| Other Deposit Related Income | $664.00K | $610.00K | $646.00K | $692.00K | $697.00K | $648.00K | $657.00K | $724.00K | $720.00K | $748.00K | $752.00K | $826.00K | 8.1% | -4.7% |
| Asset management revenue | $435.00K | $424.00K | $423.00K | $413.00K | $390.00K | $410.00K | $399.00K | $458.00K | $497.00K | $493.00K | $472.00K | $488.00K | 5.3% | +11.5% |
| Transaction based revenue | $429.00K | $385.00K | $583.00K | $527.00K | $420.00K | $343.00K | $346.00K | $423.00K | $341.00K | $311.00K | $538.00K | $388.00K | 5.2% | +2.1% |
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.