Independent Bank Corp
IBCP
NASDAQ
Banking
$38.65
USD
-0.02 (-0.05%)
At close: Jul 29, 2026, 4:00 PM EDT
Market Cap $796.84M
Volume 252.4K
Revenue
$317.03M
TTM
-1.5%
YoY
Gross Margin
73%
TTM
+4.5%
YoY
Net Income
$69.83M
TTM
+5.2%
YoY
Operating Cash Flow
$35.81M
TTM
-41.8%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 |
|---|---|---|---|---|---|
Revenue | 76.6 | 78.2 | 81.2 | 79.4 | 78.2 |
YoY Growth | -1.4% | -4.1% | +4.3% | -7.8% | +2.2% |
Cost of Revenue | 22.5 | 22.3 | 23.9 | 21.1 | 19.3 |
Gross Profit | 54.1 | 55.9 | 57.3 | 58.3 | 58.9 |
Selling, General & Administrative | 8.8 | 8.5 | 8.5 | 8.7 | 9.7 |
Other Operating Expenses | 5.1 | 4.2 | 4.5 | 4.8 | 6.8 |
Total Operating Expenses | 34.3 | 33.8 | 34.1 | 36.1 | 38.3 |
Operating Income | 19.1 | 20.7 | 21.2 | 20.3 | 20.2 |
EBITDA | 19.1 | 20.7 | 21.2 | 20.3 | 20.5 |
Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Total Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Income Before Income Taxes | 19.1 | 20.7 | 21.2 | 20.3 | 20.2 |
Income Taxes | 3.5 | 3.8 | 3.7 | 1.7 | 3.4 |
Net Income | 15.6 | 16.9 | 17.5 | 18.6 | 16.9 |
Consolidated Net Income / Loss | 15.6 | 16.9 | 17.5 | 18.6 | 16.9 |
Net Income Attributable to Common Shareholders | 15.6 | 16.9 | 17.5 | 18.6 | 16.9 |
Basic EPS | $0.74 | $0.81 | $0.85 | $0.90 | $0.82 |
Diluted EPS | $0.74 | $0.81 | $0.84 | $0.89 | $0.81 |
Basic Shares Outstanding | 20.9M | 20.8M | 20.7M | 20.8M | 20.6M |
Diluted Shares Outstanding | 21.2M | 20.9M | 20.9M | 21.0M | 20.8M |