Independent Bank Corp /Mi/ (IBCP) Property, Plant & Equipment (Net) (2010 - 2026)
Independent Bank (IBCP) reported Property, Plant & Equipment (Net) of $44.55 million for Q2 2026, up 16.0% from $38.41 million a year earlier and up 5.3% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Property, Plant & Equipment (Net) (2010 - 2026) Analysis & Trends
At the end of FY2025, Independent Bank posted Property, Plant & Equipment (Net) of $38.97 million, up 3.9% from FY2024.
- Property, Plant & Equipment (Net) has a five-year compound annual growth rate of 1.5% (FY2020 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $37.49 million in FY2024 (+5.5%), $35.52 million in FY2023 (-1.0%), $35.89 million in FY2022 (-1.4%) and $36.4 million in FY2021 (+0.8%).
- The Q2 2026 figure ranks as the highest quarterly Property, Plant & Equipment (Net) since Q1 2015.
- Year over year, Property, Plant & Equipment (Net) has now increased in each of the last seven quarters, with growth averaging 8.3% over the last eight quarters.
- The high point for year-over-year Property, Plant & Equipment (Net) in five years was Q2 2026 (growth of 16.0%); the low point was Q1 2023 (a decline of 4.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $42.32 million (Q1 2026), $38.97 million (Q4 2025) and $38.81 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.55 Mn |
| Mar 31, 2026 | 42.32 Mn |
| Dec 31, 2025 | 38.97 Mn |
| Sep 30, 2025 | 38.81 Mn |
| Jun 30, 2025 | 38.41 Mn |
| Mar 31, 2025 | 37.37 Mn |
| Dec 31, 2024 | 37.49 Mn |
| Sep 30, 2024 | 35.25 Mn |
| Jun 30, 2024 | 35.04 Mn |
| Mar 31, 2024 | 34.59 Mn |
| Dec 31, 2023 | 35.52 Mn |
| Sep 30, 2023 | 35.35 Mn |
| Jun 30, 2023 | 36.16 Mn |
| Mar 31, 2023 | 35.76 Mn |
| Dec 31, 2022 | 35.89 Mn |
| Sep 30, 2022 | 35.71 Mn |
| Jun 30, 2022 | 36.15 Mn |
| Mar 31, 2022 | 37.39 Mn |
| Dec 31, 2021 | 36.40 Mn |
| Sep 30, 2021 | 36.62 Mn |
API Access
Independent Bank Corp /Mi/ Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();