Filing Flows › Independent Bank (IBCP) › Q3 2026 › vs Q2 2026
Independent Bank (IBCP) Q3 2026 vs Q2 2026 (quarter over quarter)
Independent Bank's revenue rose $7.8M (+12%) from $63.2M in Q2 2026 to $71.1M in Q3 2026. Operating margin 30.3% against 35.9% (-5.7 pts).
Independent Bank, Q3 2026: revenue $71.1M (+24% year over year), operating margin 30.3%, net earnings $17.9M, operating cash flow $25.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 30.3% | 35.9% | -5.7 pts |
| Net margin | 25.1% | 29.7% | -4.6 pts |
| Free cash flow margin | 31.1% | 26.4% | +4.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $71.1M | $63.2M | $7.8M | +12% |
| Operating profit | $21.5M | $22.7M | −$1.2M | -5% |
| Costs & expenses | $49.6M | $40.5M | $9.0M | +22% |
| Pre-tax earnings | $21.5M | $22.7M | −$1.2M | -5% |
| Credit loss provision | $4.8M | $2.7M | $2.1M | +77% |
| Noninterest expense | $44.8M | $37.8M | $7.0M | +18% |
| Net earnings | $17.9M | $18.8M | −$955K | -5% |
| Income tax | $3.6M | $3.9M | −$256K | -7% |
| Depreciation & amortization | $2.5M | $2.4M | $82K | +3% |
| Share-based compensation | $732K | $675K | $57K | +8% |
| Working capital & other | $4.1M | −$1.6M | $5.7M | — |
| Operating cash flow | $25.2M | $20.3M | $4.9M | +24% |
| Free cash flow (OCF − capex) | $22.1M | $16.7M | $5.4M | +32% |
| Capital expenditures | $3.0M | $3.6M | −$526K | -15% |
Questions
How much did Independent Bank's revenue grow quarter over quarter in Q3 2026?
Independent Bank's revenue rose $7.8M (+12%) from $63.2M in Q2 2026 to $71.1M in Q3 2026. Operating margin 30.3% against 35.9% (-5.7 pts).