Independent Bank Corp /Mi/ (IBCP) EBIT (2011 - 2026)
Independent Bank's EBIT came in at $42.1 million for Q2 2026, down 2.0% from $42.94 million a year earlier but up 6.5% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) EBIT (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Independent Bank reported EBIT of $168.13 million, down 4.0% year-over-year; for FY2025, it came in at $171.01 million, down 6.8% from FY2024.
- EBIT carries a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- Going back by year, EBIT was $183.57 million in FY2024 (+16.9%), $157.02 million in FY2023 (+61.5%), $97.24 million in FY2022 (+13.6%) and $85.63 million in FY2021 (-0.1%).
- The five-year range for quarterly EBIT is $17.41 million (Q4 2021) to $48.16 million (Q2 2024).
- Year-over-year, EBIT has declined for three consecutive quarters, with an average decline of 3.4% over the last eight quarters.
- The fastest year-over-year change in EBIT over five years came in Q2 2023 (growth of 107.9%), and the weakest in Q4 2021 (a decline of 31.8%).
- Business Quant data shows IBCP's EBIT at $39.54 million (Q1 2026), $41.38 million (Q4 2025) and $45.11 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.10 Mn |
| Mar 31, 2026 | 39.54 Mn |
| Dec 31, 2025 | 41.38 Mn |
| Sep 30, 2025 | 45.11 Mn |
| Jun 30, 2025 | 42.94 Mn |
| Mar 31, 2025 | 41.59 Mn |
| Dec 31, 2024 | 46.90 Mn |
| Sep 30, 2024 | 43.77 Mn |
| Jun 30, 2024 | 48.16 Mn |
| Mar 31, 2024 | 44.75 Mn |
| Dec 31, 2023 | 43.20 Mn |
| Sep 30, 2023 | 44.66 Mn |
| Jun 30, 2023 | 37.80 Mn |
| Mar 31, 2023 | 31.37 Mn |
| Dec 31, 2022 | 28.97 Mn |
| Sep 30, 2022 | 26.28 Mn |
| Jun 30, 2022 | 18.18 Mn |
| Mar 31, 2022 | 23.81 Mn |
| Dec 31, 2021 | 17.41 Mn |
| Sep 30, 2021 | 21.70 Mn |
API Access
Independent Bank Corp /Mi/ EBIT 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.
https://data.businessquant.com/historic?slug=ebit&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "IBCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();