Filing Flows › Independent Bank (IBCP) › Q3 2026 › vs Q3 2025
Independent Bank (IBCP) Q3 2026 vs Q3 2025 (year over year)
Independent Bank's revenue rose $13.8M (+24%) from $57.3M in Q3 2025 to $71.1M in Q3 2026. Operating margin 30.3% against 37.0% (-6.7 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 30.3% | 37.0% | -6.7 pts |
| Net margin | 25.1% | 30.5% | -5.4 pts |
| Free cash flow margin | 31.1% | 28.9% | +2.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $71.1M | $57.3M | $13.8M | +24% |
| Operating profit | $21.5M | $21.2M | $323K | +2% |
| Costs & expenses | $49.6M | $36.1M | $13.4M | +37% |
| Pre-tax earnings | $21.5M | $21.2M | $323K | +2% |
| Credit loss provision | $4.8M | $2.0M | $2.8M | +141% |
| Noninterest expense | $44.8M | $34.1M | $10.6M | +31% |
| Net earnings | $17.9M | $17.5M | $348K | +2% |
| Income tax | $3.6M | $3.7M | −$25K | -0.7% |
| Depreciation & amortization | $2.5M | $2.8M | −$290K | -11% |
| Share-based compensation | $732K | $571K | $161K | +28% |
| Working capital & other | $4.1M | −$2.6M | $6.7M | — |
| Operating cash flow | $25.2M | $18.2M | $7.0M | +38% |
| Free cash flow (OCF − capex) | $22.1M | $16.5M | $5.6M | +34% |
| Capital expenditures | $3.0M | $1.7M | $1.4M | +83% |
Questions
How much did Independent Bank's revenue grow year over year in Q3 2026?
Independent Bank's revenue rose $13.8M (+24%) from $57.3M in Q3 2025 to $71.1M in Q3 2026. Operating margin 30.3% against 37.0% (-6.7 pts).