Independent Bank (IBCP) Tax Provisions (2011 - 2026)
Independent Bank's (IBCP) quarterly Tax Provisions came in at $3.4 million in Q1 2026, down 4.14% year-on-year from $3.5 million in Q1 2025, and up 92.93% quarter-over-quarter from $1.7 million in Q4 2025.
Independent Bank (IBCP) Tax Provisions (2011 - 2026) Analysis & Trends
Independent Bank has disclosed Tax Provisions across 15 years of filings, most recently posting $3.4 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $3.4 million, down 4.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.6 million (down 21.41% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Provisions is $3.7 million (2025), against an average of $3.6 million.
- Across the five-year window, Tax Provisions surged 35.93% in 2024 and tumbled 60.08% in 2025, its largest moves.
- Independent Bank's Tax Provisions stood at $3.5 million in 2022, then advanced by 18.86% to $4.2 million in 2023, then advanced by 3.62% to $4.4 million in 2024, then tumbled by 60.08% to $1.7 million in 2025, then surged by 92.93% to $3.4 million in 2026.
- The last three Tax Provisions figures came in at $3.4 million (Q1 2026), $1.7 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Independent Bank | 728.97 Mn | 554.06 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 |