Filing Flows › Independent Bank (IBCP) › How it makes money
How Independent Bank (IBCP) makes money
Independent Bank (IBCP) made $71.1M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 25¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $71.1M | 100.0% |
| Operating profit | $21.5M | 30.3% |
| Income tax | $3.6M | 5.1% |
| Net earnings | $17.9M | 25.1% |
| Operating cash flow | $25.2M | 35.4% |
| Free cash flow | $22.1M | 31.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $71.1M | +24% |
| Q2 2026 | $63.2M | +13% |
| Q1 2026 | $58.9M | +9% |
| Q4 2025 | $58.3M | -6% |
| Q3 2025 | $57.3M | +12% |
| Q2 2025 | $55.9M | -1% |
| Q1 2025 | $54.1M | +3% |
From Independent Bank's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Independent Bank make money?
Independent Bank (IBCP) made $71.1M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 25¢ was left as net earnings.
What is Independent Bank's profit margin?
Net earnings were $17.9M, 25.1% of revenue, in the third quarter 2026; the operating margin was 30.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.