Independent Bank Corporation
Financial ServicesNASDAQ:IBCP · NASDAQ Global Select
+$0.16 today
Vol 0.20M · Avg 0.18M
Balance Sheet
Inspect the capital base behind the business
Review assets, liabilities, equity, cash, and debt to judge whether the company has the financial position to support future returns.
Balance Sheet
Assets, liabilities & equity
| Cash & Equivalents | $48.5M |
| Receivables | $18.9M |
| Total Current Assets | $67.3M |
| PP&E (Net) | $49.3M |
| Goodwill | $28.3M |
| Intangible Assets | $886.0K |
| Long-term Investments | $5.2B |
| Other Non-current | $192.0M |
| Total Non-current Assets | $5.5B |
| Total Assets | $5.6B |
Analysis
Selected assets total $5.6B for Latest. The largest visible component is Long-term Investments at $5.2B, about 93.9% of the tab total. Use the mix to judge balance sheet concentration, liquidity, leverage, and how much of book value is supported by tangible operating assets.
Balance Sheet
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $138.4M +15.4% | $119.9M -29.4% | $169.8M +128.3% | $74.4M -32.1% | $109.5M | $1.0B | $841.8M | $673.8M |
| Short-term Investments | $23.2M -8.5% | $25.4M -96.3% | $679.4M -12.8% | $779.3M -44.8% | $1.4B | -$1.6B | $445.6M | $378.4M |
| Net Receivables | $0 | $0 | $0 -100.0% | $128.9M +94.9% | $66.1M | $533.8M | $399.4M | -$1.7B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $641.6M | $328.0M | $316.8M |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $1.5B | $966.4M | $764.8M |
| Total Current Assets | $161.6M +11.2% | $145.3M -82.9% | $849.1M -13.6% | $982.6M -38.1% | $1.6B | $12.5B | $10.5B | $5.5B |
| Property, Plant & Equipment (Net) | $39.0M +3.9% | $37.5M +5.5% | $35.5M -1.0% | $35.9M -1.4% | $36.4M | $1.2B | $1.5B | $687.8M |
| Goodwill | $28.3M +0.0% | $28.3M +0.0% | $28.3M +0.0% | $28.3M +0.0% | $28.3M | $925.8M | $466.6M | $309.8M |
| Intangible Assets | $32.5M -32.7% | $48.3M +9.1% | $44.2M -1.8% | $45.0M +52.3% | $29.6M | $568.8M | $860.0M | $1.5B |
| Long-term Investments | $5.0B +3.0% | $4.9B +18.5% | $4.1B +7.0% | $3.8B +30.1% | $2.9B | $524.0M | -$1.5B | $860.0M |
| Tax Assets | $0 | $0 | $0 | $0 | $0 | $1.5B | $1.4B | $1.4B |
| Other Non-current Assets | $240.3M +10.0% | $218.4M +7.0% | $204.2M +178.6% | $73.3M -0.9% | $74.0M | $1.4B | $1.0B | $679.4M |
| Total Non-current Assets | $5.3B +2.9% | $5.2B +17.6% | $4.4B +9.9% | $4.0B +28.9% | $3.1B | -$15.3B | $14.8B | $11.3B |
| Total Assets | $5.5B +3.1% | $5.3B +1.4% | $5.3B +5.3% | $5.0B +6.3% | $4.7B | $13.3B | $11.9B | $10.6B |
| Account Payables | $0 | $0 | $0 | $0 | $0 | $1.3B | -$1.5B | $1.4B |
| Short-term Debt | $0 | $0 | $0 -100.0% | $61.0M | $0 | -$1.6B | -$1.6B | $326.6M |
| Tax Payables | $0 | $0 | $0 | $0 | $0 | $574.4M | -$1.5B | $1.4B |
| Deferred Revenue | $0 | $0 | $0 | $0 | $0 | -$1.6B | $374.2M | $542.2M |
| Other Current Liabilities | $4.8B +2.3% | $4.7B +0.7% | $4.6B +5.6% | $4.4B +6.4% | $4.1B | $1.1B | $1.5B | $493.2M |
| Total Current Liabilities | $4.8B +2.3% | $4.7B +0.7% | $4.6B +1.6% | $4.5B +8.4% | $4.2B | $6.0B | $10.1B | $14.3B |
| Long-term Debt | $116.9M -6.0% | $124.4M -3.8% | $129.3M -21.7% | $165.1M +51.5% | $109.0M | $1.3B | $438.6M | $1.3B |
| Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $746.6M | $612.2M | $477.8M |
| Deferred Revenue (Non-current) | $0 | $0 | $0 | $0 | $0 | -$1.6B | $715.8M | $1.3B |
| Other Non-current Liabilities | $124.2M +18.4% | $104.9M -2.0% | $107.1M +275.6% | -$61.0M | $0 | $489.0M | $1.1B | -$1.5B |
| Total Non-current Liabilities | $241.1M +5.1% | $229.3M -3.0% | $236.4M +127.1% | $104.1M -4.5% | $109.0M | $3.9B | $7.5B | $14.1B |
| Total Liabilities | $5.0B +2.4% | $4.9B +0.5% | $4.9B +4.5% | $4.7B +8.0% | $4.3B | $14.7B | $3.7B | $9.6B |
| Common Stock | $307.8M -3.4% | $318.8M +0.4% | $317.5M -1.1% | $321.0M -0.7% | $323.4M | $651.4M | $517.0M | $382.6M |
| Retained Earnings | $252.8M +22.8% | $205.9M +29.4% | $159.1M +33.3% | $119.4M +60.0% | $74.6M | -$1.6B | $519.8M | $1.1B |
| Accumulated OCI | -$57.7M +17.5% | -$69.9M +3.0% | -$72.1M +22.2% | -$92.8M -18615.6% | $501.0K | $393.8M | $550.6M | $707.4M |
| Other Stockholders Equity | $0 | $0 | $0 | $0 | $0 | $351.8M | -$1.6B | $1.5B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $1.4B | $337.8M | $931.4M |
| Total Equity | $503.0M +10.6% | $454.7M +12.4% | $404.4M +16.4% | $347.6M -12.8% | $398.5M | $9.1B | $7.7B | $3.3B |
| Total Debt | $116.9M -6.0% | $124.4M -3.8% | $129.3M -42.8% | $226.1M +107.5% | $109.0M | $724.2M | $410.6M | $399.4M |
| Net Debt | -$21.5M -577.3% | $4.5M +111.1% | -$40.5M -126.7% | $151.7M +29561.7% | -$515.0K | $389.6M | $501.6M | $311.2M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
MetroCity Bankshares, Inc.
NASDAQ:MCBS
$983.04M
First Financial Corporation
NASDAQ:THFF
$891.65M
Camden National Corporation
NASDAQ:CAC
$891.07M
Great Southern Bancorp, Inc.
NASDAQ:GSBC
$826.36M
Capital City Bank Group, Inc.
NASDAQ:CCBG
$805.82M
Southern Missouri Bancorp, Inc.
NASDAQ:SMBC
$796.87M
Orrstown Financial Services, Inc.
NASDAQ:ORRF
$784.73M
SmartFinancial, Inc.
NYSE:SMBK
$777.30M
South Plains Financial, Inc.
NASDAQ:SPFI
$688.92M
Southern California Bancorp
NASDAQ:BCAL
$635.90M
SEC Filings
Recent regulatory filings
No filings found.
How much cash does IBCP have?
Independent Bank Corporation (IBCP) reported $138.39M in cash and equivalents in fiscal 2025.
How much debt does IBCP carry?
Independent Bank Corporation (IBCP) reported $116.87M of total debt, with net debt of -$21,520,000.00.
Explore More
Continue the stock analysis
Jump to another research area for this company.