Company profile
Independent Bank Corporation
NASDAQ: IBCP · Financial Services · Banks - Regional
#507 of 1,012 Financial Services companies by revenue31st-percentile growth
EA Score
61CFH 63DQ 61GM 46SS 83
v0.1 · 65/100 weight · provisional
↑ listing tenure, return on equity · ↓ 3-yr revenue growth, balance-sheet leverage
Methodology →Revenue TTM
$309.7M
Rev growth YoY (TTM)
-1.7%
Net income (FY)
$68.5M
Employees
781
as of 2026-08-11
Market cap
$781.0M
as of 2026-08-11
Financials — latest annual
SEC EDGAR · USD-normalizedConceptUSDNativeFY
Revenue$32.1M$32.1M2025
Net income$68.5M$68.5M2025
Total assets$5.5B$5.5B2025
Liabilities$5.0B$5.0B2025
Equity$503.0M$503.0M2025
Revenue trend
FY2018 – FY2025 · USD
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Revenue by segment
Filed disclosures · FY2021
By product
Interchange Income33%
Service Charges on Deposits24%
Overdraft Fees20%
Investment and Insurance Commissions6%
Other Deposit Related Income5%
Asset Management Revenue4%
By geography
Not disclosed.
The read
What is Independent Bank Corporation’s revenue?
Independent Bank Corporation booked $32.1M in FY2025 revenue, growing 0.3% year over year — slower than 69% of Financial Services companies we track, at a 213.7% net margin.
Peers · Financial Services
Enterprise Financial Services Group, Inc.50DWestbury Bancorp, Inc.——Madison County Financial, Inc.51DFold Holdings, Inc.26DHCB Financial Corp.49DTrinity Bank, N.A.57CNeighbors
Kent →Key facts
CEOWilliam Bradford Kessel
SectorFinancial Services
IndustryBanks - Regional
HeadquartersGrand Rapids, MI
ExchangeNASDAQ: IBCP
Employees781
IPO date1985-09-04
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.