Independent Bank Corp /Mi/ (IBCP) Net Income (2010 - 2026)
Independent Bank (IBCP) reported Net Income of $18.81 million for Q2 2026, up 11.4% from $16.88 million a year earlier and up 11.7% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Net Income (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Independent Bank's Net Income came in at $71.68 million, up 10.8% year-over-year; for FY2025, it was $68.54 million, up 2.6% from FY2024.
- Net Income has a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- By year, Net Income came in at $66.79 million in FY2024 (+13.1%), $59.07 million in FY2023 (-6.8%), $63.35 million in FY2022 (+0.7%) and $62.9 million in FY2021 (+12.0%).
- The Q2 2026 figure ranks as the highest quarterly Net Income since Q1 2021.
- Year over year, Net Income has now increased in each of the last four quarters, with growth averaging 6.0% over the last eight quarters.
- The high point for year-over-year Net Income in five years was Q4 2024 (growth of 34.3%); the low point was Q1 2023 (a decline of 27.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $16.83 million (Q1 2026), $18.57 million (Q4 2025) and $17.48 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.81 Mn |
| Mar 31, 2026 | 16.88 Mn |
| Dec 31, 2025 | 18.57 Mn |
| Sep 30, 2025 | 17.50 Mn |
| Jun 30, 2025 | 16.88 Mn |
| Mar 31, 2025 | 15.59 Mn |
| Dec 31, 2024 | 18.46 Mn |
| Sep 30, 2024 | 13.81 Mn |
| Jun 30, 2024 | 18.53 Mn |
| Mar 31, 2024 | 15.99 Mn |
| Dec 31, 2023 | 13.74 Mn |
| Sep 30, 2023 | 17.54 Mn |
| Jun 30, 2023 | 14.79 Mn |
| Mar 31, 2023 | 12.99 Mn |
| Dec 31, 2022 | 15.09 Mn |
| Sep 30, 2022 | 17.30 Mn |
| Jun 30, 2022 | 13.00 Mn |
| Mar 31, 2022 | 17.97 Mn |
| Dec 31, 2021 | 12.51 Mn |
| Sep 30, 2021 | 15.96 Mn |
API Access
Independent Bank Corp /Mi/ Net Income 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=net-income&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();