Independent Bank (IBCP) Net Income (2011 - 2026)
Independent Bank (IBCP) posted Net Income of $16.8 million for Q1 2026, down 9.38% sequentially from $18.6 million in Q4 2025, and up 7.95% YoY from $15.6 million in Q1 2025.
Independent Bank (IBCP) Net Income (2011 - 2026) Analysis & Trends
Independent Bank has reported Net Income for 16 years, with the latest figure at $16.8 million in Q1 2026.
- Quarterly Net Income rose 7.95% year-over-year to $16.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $69.8 million (up 5.22% YoY) and the FY2025 annual result came in at $68.5 million, up 2.62% from the prior year.
- Net Income declined to $16.8 million in Q1 2026 per IBCP's latest filing, from $18.6 million in the prior quarter.
- Over five years, Net Income peaked at $18.6 million in Q4 2025 and troughed at $13.0 million in Q2 2022.
- A 5-year average of $16.1 million and a median of $16.8 million in 2026 frame the typical range for Net Income.
- The sharpest annual moves came in 2023 and 2024: Net Income slipped 27.72% in 2023, then jumped 33.97% in 2024.
- Over 5 years, Net Income stood at $15.1 million in 2022, then decreased by 8.7% to $13.7 million in 2023, then jumped by 33.97% to $18.4 million in 2024, then advanced by 0.87% to $18.6 million in 2025, then dropped by 9.38% to $16.8 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $16.8 million, $18.6 million, and $17.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.06 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.18 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.98 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 3.89 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.79 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 1.41 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.55 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 801.00 Mn |
| 10 | Independent Bank | 764.20 Mn | 598.75 Mn | - | 18.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.81 Mn |
| Mar 31, 2026 | 16.83 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 | 18.41 Mn |
| Sep 30, 2024 | 13.79 Mn |
| Jun 30, 2024 | 18.53 Mn |
| Mar 31, 2024 | 16.02 Mn |
| Dec 31, 2023 | 13.74 Mn |
| Sep 30, 2023 | 17.55 Mn |
| Jun 30, 2023 | 14.80 Mn |
| Mar 31, 2023 | 12.99 Mn |
| Dec 31, 2022 | 15.05 Mn |
| Sep 30, 2022 | 17.25 Mn |
| Jun 30, 2022 | 12.98 Mn |
| Mar 31, 2022 | 17.97 Mn |
| Dec 31, 2021 | 12.55 Mn |
| Sep 30, 2021 | 15.95 Mn |