Independent Bank IBCP
NASDAQ IBCP
$36.96 +0.97 (+2.70%)
At close: Oct 22, 2026 · 4:00 PM EDT

Independent Bank Corp /Mi/ (IBCP) Depreciation and Depletion (2024 - 2026)

Updated

Independent Bank (IBCP) posted Depreciation and Depletion of $1.32 million for Q2 2026, down 2.8% from $1.36 million a year earlier but up 4.4% from the prior quarter.

Analysis

Independent Bank Corp /Mi/ (IBCP) Depreciation and Depletion (2024 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Depreciation and Depletion at Independent Bank was $4.98 million, down 4.1% year-over-year; for FY2025, it was $5 million, down 3.8% from FY2024.

  • Annual Depreciation and Depletion shows a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
  • In prior years, Independent Bank's Depreciation and Depletion was $5.2 million in FY2024 (unchanged), $5.2 million in FY2023 (-2.3%), $5.32 million in FY2022 (-1.4%) and $5.4 million in FY2021 (+1.9%).
  • Quarterly Depreciation and Depletion has run from a low of $1.13 million in Q3 2025 to a high of $1.36 million in Q2 2025 over five years.
  • On a year-over-year basis, Depreciation and Depletion increased in two of the last six quarters, with an average decline of 2.8%.
  • According to Business Quant data, Depreciation and Depletion for the three prior quarters was $1.26 million (Q1 2026), $1.28 million (Q4 2025) and $1.13 million (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.32 Mn
Mar 31, 2026 1.26 Mn
Dec 31, 2025 1.28 Mn
Sep 30, 2025 1.13 Mn
Jun 30, 2025 1.36 Mn
Mar 31, 2025 1.24 Mn
Dec 31, 2024 1.32 Mn
Sep 30, 2024 1.28 Mn
Jun 30, 2024 1.31 Mn
Mar 31, 2024 1.29 Mn
API Access

Independent Bank Corp /Mi/ Depreciation and Depletion API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

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