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Independent Bank (IBCP)
NASDAQ:IBCP
US Market
IBCP
Independent Bank
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Independent Bank (IBCP) Income Statement

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Independent Bank Income Statement

Last quarter (Q4 2025), Independent Bank's total revenue was $79.38M, a decrease of -6.09% from the same quarter last year. In Q4, Independent Bank's net income was $18.57M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 315.38M$ 316.33M$ 283.83M$ 224.23M$ 207.12M
Gross Profit
$ 219.52M$ 211.68M$ 193.83M$ 198.79M$ 199.52M
Operating Expenses
$ 138.23M$ 128.63M$ 120.15M$ 121.00M$ 122.21M
Depreciation and Amortization
$ 0.00$ 10.01M$ 10.02M$ 10.83M$ 12.13M
EBITDA
$ 81.29M$ 93.05M$ 83.69M$ 88.61M$ 89.44M
Operating Income
$ 81.29M$ 83.05M$ 73.68M$ 77.79M$ 77.31M
Other Income/Expenses
$ 0.00$ 0.00$ 0.00$ 0.00$ 0.00
Pretax Income
$ 81.29M$ 83.05M$ 73.68M$ 77.79M$ 77.31M
Net Income
$ 68.54M$ 66.79M$ 59.07M$ 63.35M$ 62.90M
Per Share Metrics
Basic EPS
$ 3.30$ 3.20$ 2.82$ 3.00$ 2.91
Diluted EPS
$ 3.27$ 3.16$ 2.79$ 2.97$ 2.88
Weighted Average Shares Outstanding
 20.67M 20.87M 20.95M 21.12M 21.61M
Weighted Average Shares Outstanding (Diluted)
 20.88M 21.14M 21.17M 21.33M 21.84M
Currency in USD

Independent Bank Earnings and Revenue History