Independent Bank (IBCP) Tax Provisions (2011 - 2026)
Independent Bank (IBCP) posted Tax Provisions of $3.4 million for Q1 2026, up 95.51% sequentially from $1.7 million in Q4 2025, and down 3.85% YoY from $3.5 million in Q1 2025.
Independent Bank (IBCP) Tax Provisions (2011 - 2026) Analysis & Trends
Independent Bank has reported Tax Provisions for 16 years, with the latest figure at $3.4 million in Q1 2026.
- Quarterly Tax Provisions fell 3.85% year-over-year to $3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.6 million (down 21.32% YoY) and the FY2025 annual result came in at $12.8 million, down 21.57% from the prior year.
- Tax Provisions rose to $3.4 million in Q1 2026 per IBCP's latest filing, from $1.7 million in the prior quarter.
- Over five years, Tax Provisions peaked at $4.6 million in Q2 2024 and troughed at $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.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions jumped 36.41% in 2024, then tumbled 60.08% in 2025.
- Over 5 years, Tax Provisions stood at $3.5 million in 2022, then grew by 18.86% to $4.2 million in 2023, then grew by 3.62% to $4.4 million in 2024, then tumbled by 60.08% to $1.7 million in 2025, then surged by 95.51% 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 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Independent Bank | 764.20 Mn | 598.75 Mn | - | 3.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.91 Mn |
| Mar 31, 2026 | 3.40 Mn |
| Dec 31, 2025 | 1.74 Mn |
| Sep 30, 2025 | 3.67 Mn |
| Jun 30, 2025 | 3.80 Mn |
| Mar 31, 2025 | 3.54 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 | 3.40 Mn |
| Mar 31, 2023 | 2.88 Mn |
| Dec 31, 2022 | 3.54 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | 2.90 Mn |
| Mar 31, 2022 | 4.10 Mn |
| Dec 31, 2021 | 2.92 Mn |
| Sep 30, 2021 | 3.70 Mn |