Independent Bank Corp /Mi/ (IBCP) Invested Capital (2010 - 2026)
Independent Bank (IBCP) recorded Invested Capital of $655.42 million in Q2 2026, up 14.7% from $571.26 million a year earlier and up 19.1% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Independent Bank reported Invested Capital of $579.95 million, up 16.1% from FY2024.
- Annual Invested Capital has increased for three straight years, with a five-year compound annual growth rate of 6.2% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $499.7 million in FY2024 (+9.9%), $454.48 million in FY2023 (+4.8%), $433.6 million in FY2022 (-1.0%) and $438.08 million in FY2021 (+2.1%).
- The Q2 2026 figure is the highest quarterly Invested Capital in data going back to Q4 2010.
- On a year-over-year basis, Invested Capital has increased for 14 consecutive quarters, with growth averaging 12.6% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 25.5% in Q2 2023, against a decline of 14.9% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $550.43 million (Q1 2026), $579.95 million (Q4 2025) and $530.59 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 695.32 Mn |
| Mar 31, 2026 | 577.44 Mn |
| Dec 31, 2025 | 619.82 Mn |
| Sep 30, 2025 | 532.60 Mn |
| Jun 30, 2025 | 611.09 Mn |
| Mar 31, 2025 | 552.10 Mn |
| Dec 31, 2024 | 539.49 Mn |
| Sep 30, 2024 | 492.15 Mn |
| Jun 30, 2024 | 520.23 Mn |
| Mar 31, 2024 | 505.29 Mn |
| Dec 31, 2023 | 494.20 Mn |
| Sep 30, 2023 | 464.72 Mn |
| Jun 30, 2023 | 504.87 Mn |
| Mar 31, 2023 | 457.42 Mn |
| Dec 31, 2022 | 473.26 Mn |
| Sep 30, 2022 | 458.66 Mn |
| Jun 30, 2022 | 396.27 Mn |
| Mar 31, 2022 | 425.06 Mn |
| Dec 31, 2021 | 498.09 Mn |
| Sep 30, 2021 | 469.61 Mn |
API Access
Independent Bank Corp /Mi/ Invested Capital 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=invested-capital&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();