Independent Bank Corp /Mi/ (IBCP) Service Charges (2010 - 2026)
Independent Bank (IBCP) recorded Service Charges of $3.1 million in Q2 2026, up 4.0% from $2.98 million a year earlier and up 5.6% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Service Charges (2010 - 2026) Analysis & Trends
On a TTM basis, Independent Bank's Service Charges came in at $12.26 million as of Jun 30, 2026, up 3.4% year-over-year; for FY2025, it was $12.02 million, up 1.3% from FY2024.
- Annual Service Charges has a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Across earlier years, Service Charges came in at $11.87 million in FY2024 (-4.0%), $12.36 million in FY2023 (+0.6%), $12.29 million in FY2022 (+20.8%) and $10.17 million in FY2021 (+19.4%).
- Quarterly Service Charges has ranged from $2.81 million in Q1 2025 to $3.31 million in Q3 2023 over the past five years.
- On a year-over-year basis, Service Charges has increased for five consecutive quarters, with growth averaging 0.5% over the last eight quarters.
- Peak year-over-year performance for Service Charges in the last five years was growth of 54.3% in Q1 2022, against a decline of 6.8% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.94 million (Q1 2026), $3.1 million (Q4 2025) and $3.13 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10 Mn |
| Mar 31, 2026 | 2.94 Mn |
| Dec 31, 2025 | 3.10 Mn |
| Sep 30, 2025 | 3.13 Mn |
| Jun 30, 2025 | 2.98 Mn |
| Mar 31, 2025 | 2.81 Mn |
| Dec 31, 2024 | 2.98 Mn |
| Sep 30, 2024 | 3.09 Mn |
| Jun 30, 2024 | 2.94 Mn |
| Mar 31, 2024 | 2.87 Mn |
| Dec 31, 2023 | 3.06 Mn |
| Sep 30, 2023 | 3.31 Mn |
| Jun 30, 2023 | 3.13 Mn |
| Mar 31, 2023 | 2.86 Mn |
| Dec 31, 2022 | 3.15 Mn |
| Sep 30, 2022 | 3.08 Mn |
| Jun 30, 2022 | 3.10 Mn |
| Mar 31, 2022 | 2.96 Mn |
| Dec 31, 2021 | 2.99 Mn |
| Sep 30, 2021 | 2.94 Mn |
API Access
Independent Bank Corp /Mi/ Service Charges 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=service-charges&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "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=service-charges&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();