Independent Bank (IBCP) Deferred Taxes (2013 - 2026)
Independent Bank (IBCP) reported Deferred Taxes of -$1.4 million for Q1 2026, down 234.85% on a YoY basis from $1.0 million in Q1 2025, and down 250.05% sequentially from $931000.0 in Q4 2025.
Independent Bank (IBCP) Deferred Taxes (2013 - 2026) Analysis & Trends
Independent Bank (IBCP) has 14 years of Deferred Taxes data on file, last reported at -$1.4 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 234.85% year-over-year to -$1.4 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 million (down 71.25% YoY), and the FY2025 full-year result was $3.5 million, up 182.93% from the prior year.
- Deferred Taxes fell to -$1.4 million in Q1 2026, from $931000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $2.3 million in Q4 2022 to a low of -$2.2 million in Q1 2022.
- A 5-year average of $207411.8 and a median of $606000.0 in 2023 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes surged 308.88% in 2022 and plunged 234.85% in 2026, its largest moves.
- Tracing IBCP's Deferred Taxes over 5 years: stood at $2.3 million in 2022, then plunged by 73.43% to $606000.0 in 2023, then surged by 81.19% to $1.1 million in 2024, then retreated by 15.21% to $931000.0 in 2025, then plunged by 250.05% to -$1.4 million in 2026.
- Business Quant data shows IBCP's Deferred Taxes at -$1.4 million in Q1 2026, $931000.0 in Q4 2025, and $789000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -424,226.09 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 17.42 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 346,782.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 671,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | -162,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | -102.00 Mn |
| 10 | Independent Bank | 754.47 Mn | 579.55 Mn | - | -1.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.40 Mn |
| Dec 31, 2025 | 931,000.00 |
| Sep 30, 2025 | 789,000.00 |
| Jun 30, 2025 | 775,000.00 |
| Mar 31, 2025 | 1.04 Mn |
| Dec 31, 2024 | 1.10 Mn |
| Sep 30, 2024 | 1.32 Mn |
| Jun 30, 2024 | 361,000.00 |
| Mar 31, 2024 | -1.54 Mn |
| Dec 31, 2023 | 606,000.00 |
| Sep 30, 2023 | 434,000.00 |
| Jun 30, 2023 | 181,000.00 |
| Mar 31, 2023 | -1.44 Mn |
| Dec 31, 2022 | 2.28 Mn |
| Sep 30, 2022 | 758,000.00 |
| Jun 30, 2022 | -506,000.00 |
| Mar 31, 2022 | -2.17 Mn |
| Dec 31, 2021 | -1.09 Mn |
| Sep 30, 2021 | -1.07 Mn |
| Jun 30, 2021 | 2.32 Mn |