Independent Bank (IBCP) Tax Provisions (2011 - 2026)
Independent Bank recorded quarterly Tax Provisions of $3.4 million in Q1 2026, up 92.93% quarter-over-quarter from $1.7 million in Q4 2025, and down 4.14% year-over-year from $3.5 million in Q1 2025.
Independent Bank's Tax Provisions history runs 15 years deep, the most recent figure standing at $3.4 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 4.14% year-over-year to $3.4 million; the TTM figure through Mar 2026 stood at $12.6 million (down 21.41% YoY), while the FY2025 annual figure was $12.8 million, down 21.57% from the prior year.
- Tax Provisions came in at $3.4 million for Q1 2026 at Independent Bank, up from $1.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $4.6 million in Q2 2024 to a low of $1.7 million in Q4 2025.
- A 5-year average of $3.6 million and a median of $3.7 million in 2025 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions soared 35.93% in 2024 and slumped 60.08% in 2025, its largest moves.
- Independent Bank's Tax Provisions stood at $3.5 million in 2022, then climbed by 18.86% to $4.2 million in 2023, then climbed by 3.62% to $4.4 million in 2024, then slumped by 60.08% to $1.7 million in 2025, then soared by 92.93% to $3.4 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $3.4 million, $1.7 million, and $3.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 1.03 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.25 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 736.40 Mn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 428,992.73 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 415.00 Mn |
| 10 | Independent Bank | 697.49 Mn | 522.58 Mn | - | 3.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.36 Mn |
| Dec 31, 2025 | 1.74 Mn |
| Sep 30, 2025 | 3.67 Mn |
| Jun 30, 2025 | 3.80 Mn |
| Mar 31, 2025 | 3.50 Mn |
| Dec 31, 2024 | 4.36 Mn |
| Sep 30, 2024 | 3.50 Mn |
| Jun 30, 2024 | 4.64 Mn |
| Mar 31, 2024 | 3.80 Mn |
| Dec 31, 2023 | 4.20 Mn |
| Sep 30, 2023 | 4.10 Mn |
| Jun 30, 2023 | 3.41 Mn |
| Mar 31, 2023 | 2.88 Mn |
| Dec 31, 2022 | 3.54 Mn |
| Sep 30, 2022 | 3.95 Mn |
| Jun 30, 2022 | 2.90 Mn |
| Mar 31, 2022 | 4.10 Mn |
| Dec 31, 2021 | 2.96 Mn |
| Sep 30, 2021 | 3.68 Mn |
| Jun 30, 2021 | 2.67 Mn |
| Mar 31, 2021 | 5.10 Mn |
| Dec 31, 2020 | 4.08 Mn |
| Sep 30, 2020 | 4.78 Mn |
| Jun 30, 2020 | 3.50 Mn |
| Mar 31, 2020 | 900,000.00 |
| Dec 31, 2019 | 3.35 Mn |
| Sep 30, 2019 | 3.10 Mn |
| Jun 30, 2019 | 2.70 Mn |
| Mar 31, 2019 | 2.17 Mn |
| Dec 31, 2018 | -7.03 Mn |
| Sep 30, 2018 | 2.92 Mn |
| Jun 30, 2018 | 2.07 Mn |
| Mar 31, 2018 | 2.04 Mn |
| Dec 31, 2017 | 9.52 Mn |
| Sep 30, 2017 | 3.16 Mn |
| Jun 30, 2017 | 2.66 Mn |
| Mar 31, 2017 | 2.62 Mn |
| Dec 31, 2016 | -7.19 Mn |
| Sep 30, 2016 | 2.98 Mn |
| Jun 30, 2016 | 2.61 Mn |
| Mar 31, 2016 | 1.96 Mn |
| Dec 31, 2015 | 2.68 Mn |
| Sep 30, 2015 | 2.28 Mn |
| Jun 30, 2015 | 2.62 Mn |
| Mar 31, 2015 | 1.78 Mn |
| Dec 31, 2014 | -5.66 Mn |
| Sep 30, 2014 | 2.35 Mn |
| Jun 30, 2014 | 1.85 Mn |
| Mar 31, 2014 | 1.47 Mn |
| Dec 31, 2013 | 55.90 Mn |
| Sep 30, 2013 | 282,000.00 |
| Jun 30, 2013 | 1.40 Mn |
| Mar 31, 2013 | 35,000.00 |
| Dec 31, 2011 | 536,000.00 |
| Sep 30, 2011 | -482,000.00 |
| Jun 30, 2011 | -258,000.00 |
| Mar 31, 2011 | -8,000.00 |