Filing Flows › Independent Bank (IBCP) › Q2 2026 › vs Q1 2026
Independent Bank (IBCP) Q2 2026 vs Q1 2026 (quarter over quarter)
Independent Bank's revenue rose $4.3M (+7%) from $58.9M in Q1 2026 to $63.2M in Q2 2026. Operating margin 35.9% against 34.3% (+1.6 pts).
Independent Bank, Q2 2026: revenue $63.2M (+13% year over year), operating margin 35.9%, net earnings $18.8M, operating cash flow $20.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 35.9% | 34.3% | +1.6 pts |
| Net margin | 29.7% | 28.6% | +1.1 pts |
| Free cash flow margin | 26.4% | -23.4% | +49.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $63.2M | $58.9M | $4.3M | +7% |
| Operating profit | $22.7M | $20.2M | $2.5M | +12% |
| Costs & expenses | $40.5M | $38.7M | $1.9M | +5% |
| Pre-tax earnings | $22.7M | $20.2M | $2.5M | +12% |
| Credit loss provision | $2.7M | $362K | $2.4M | +651% |
| Noninterest expense | $37.8M | $38.3M | −$502K | -1% |
| Net earnings | $18.8M | $16.9M | $1.9M | +11% |
| Income tax | $3.9M | $3.4M | $550K | +16% |
| Depreciation & amortization | $2.4M | $2.4M | $17K | +0.7% |
| Share-based compensation | $675K | $688K | −$13K | -2% |
| Working capital & other | $1.6M | $29.1M | −$27.5M | -95% |
| Operating cash flow | $20.3M | −$9.2M | $29.4M | — |
| Free cash flow (OCF − capex) | $16.7M | −$13.8M | $30.5M | — |
| Capital expenditures | $3.6M | $4.6M | −$1.0M | -23% |
Questions
How much did Independent Bank's revenue grow quarter over quarter in Q2 2026?
Independent Bank's revenue rose $4.3M (+7%) from $58.9M in Q1 2026 to $63.2M in Q2 2026. Operating margin 35.9% against 34.3% (+1.6 pts).