Independent Bank (IBCP) Revenue & Revenue Breakdown

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Independent Bank Revenue Highlights

Latest Revenue (Y)

$315.38M

Latest Revenue (Q)

$82.63M

Main Segment (Y)

Interchange Income

Main Geography (Y)

Interchange Income

Independent Bank Revenue by Period

Independent Bank Revenue by Year

Date	Revenue	Change
2025-12-31	$315.38M	-0.30%
2024-12-31	$316.33M	11.45%
2023-12-31	$283.83M	26.58%
2022-12-31	$224.23M	8.26%
2021-12-31	$207.12M	-3.30%
2020-12-31	$214.19M	12.28%
2019-12-31	$190.76M	11.64%
2018-12-31	$170.88M	23.77%
2017-12-31	$138.06M	11.20%
2016-12-31	$124.16M	8.50%
2015-12-31	$114.43M	2.44%
2014-12-31	$111.70M	-7.62%
2013-12-31	$120.92M	-14.15%
2012-12-31	$140.85M	1.89%
2011-12-31	$138.24M	-18.93%
2010-12-31	$170.51M	-31.48%
2009-12-31	$248.86M	6.52%
2008-12-31	$233.62M	-13.60%
2007-12-31	$270.40M	4.42%
2006-12-31	$258.94M	9.79%
2005-12-31	$235.86M	22.53%
2004-12-31	$192.49M	5.78%
2003-12-31	$181.97M	13.22%
2002-12-31	$160.73M	-0.44%
2001-12-31	$161.44M	6.35%
2000-12-31	$151.80M	6.29%
1999-12-31	$142.82M	-1.50%
1998-12-31	$145.00M	9.68%
1997-12-31	$132.20M	103.07%
1996-12-31	$65.10M	104.08%
1995-12-31	$31.90M	12.72%
1994-12-31	$28.30M	17.92%
1993-12-31	$24.00M	-

Independent Bank generated $315.38M in revenue during NA 2025, up -0.30% compared to the previous quarter, and up 147.24% compared to the same period a year ago.

Independent Bank Revenue by Quarter

Date	Revenue	Change
2026-06-30	$82.63M	10.74%
2026-03-31	$74.62M	-6.00%
2025-12-31	$79.38M	-0.01%
2025-09-30	$79.39M	4.01%
2025-06-30	$76.33M	2.15%
2025-03-31	$74.73M	-11.60%
2024-12-31	$84.53M	11.17%
2024-09-30	$76.04M	-4.65%
2024-06-30	$79.75M	4.72%
2024-03-31	$76.15M	4.48%
2023-12-31	$72.89M	-4.60%
2023-09-30	$76.40M	6.76%
2023-06-30	$71.57M	13.89%
2023-03-31	$62.84M	3.49%
2022-12-31	$60.73M	1.06%
2022-09-30	$60.09M	17.62%
2022-06-30	$51.09M	-1.98%
2022-03-31	$52.12M	4.04%
2021-12-31	$50.09M	-6.57%
2021-09-30	$53.61M	16.02%
2021-06-30	$46.21M	-19.47%
2021-03-31	$57.38M	0.96%
2020-12-31	$56.84M	-5.97%
2020-09-30	$60.45M	15.26%
2020-06-30	$52.44M	17.61%
2020-03-31	$44.59M	-12.57%
2019-12-31	$51.00M	5.87%
2019-09-30	$48.17M	4.34%
2019-06-30	$46.17M	1.98%
2019-03-31	$45.27M	2.61%
2018-12-31	$44.12M	-2.05%
2018-09-30	$45.04M	2.22%
2018-06-30	$44.06M	18.34%
2018-03-31	$37.23M	8.09%
2017-12-31	$34.45M	6.63%
2017-09-30	$32.31M	5.06%
2017-06-30	$30.75M	-0.51%
2017-03-31	$30.91M	-4.15%
2016-12-31	$32.25M	6.09%
2016-09-30	$30.40M	7.28%
2016-06-30	$28.33M	7.73%
2016-03-31	$26.30M	-7.03%
2015-12-31	$28.29M	6.88%
2015-09-30	$26.47M	-6.69%
2015-06-30	$28.37M	11.49%
2015-03-31	$25.44M	0.38%
2014-12-31	$25.35M	-6.21%
2014-09-30	$27.03M	1.46%
2014-06-30	$26.64M	4.92%
2014-03-31	$25.39M	-9.48%
2013-12-31	$28.05M	4.10%
2013-09-30	$26.94M	-9.47%
2013-06-30	$29.76M	10.23%
2013-03-31	$27.00M	33.94%
2012-12-31	$20.16M	-43.99%
2012-09-30	$35.99M	3.21%
2012-06-30	$34.87M	-4.94%
2012-03-31	$36.68M	3.48%
2011-12-31	$35.45M	7.34%
2011-09-30	$33.03M	-7.84%
2011-06-30	$35.84M	-3.92%
2011-03-31	$37.30M	-16.26%
2010-12-31	$44.55M	13.21%
2010-09-30	$39.35M	-1.13%
2010-06-30	$39.80M	-5.61%
2010-03-31	$42.17M	-9.84%
2009-12-31	$46.77M	-2.65%
2009-09-30	$48.04M	-15.02%
2009-06-30	$56.53M	23.09%
2009-03-31	$45.92M	38.16%
2008-12-31	$33.24M	-15.62%
2008-09-30	$39.40M	-16.81%
2008-06-30	$47.36M	18.76%
2008-03-31	$39.88M	-3.31%
2007-12-31	$41.24M	-

Independent Bank generated $82.63M in revenue during Q2 2026, up 10.74% compared to the previous quarter, and up 110.57% compared to the same period a year ago.

Independent Bank Revenue Breakdown

Independent Bank Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 21	Dec 20	Dec 19	Dec 18
Other Deposit Related Income	$2.28M	$2.31M	$2.79M	-
Transaction Based Revenue	$914.00K	$688.00K	$535.00K	-
Asset Management Revenue	$1.69M	$1.28M	$1.12M	-
Interchange Income	$14.04M	$11.23M	$10.30M	-
Investment and Insurance Commissions	$2.60M	$1.97M	$1.66M	-
ATM Fees	$1.11M	$1.17M	$1.37M	$1.42M
Other	$819.00K	$769.00K	$965.00K	$941.00K
Account Service Charges	$1.13M	$2.02M	$2.10M	$2.15M
Overdraft Fees	$8.43M	$5.63M	$7.59M	$8.29M
Service Charges on Deposits	$10.17M	$8.52M	$11.21M	-

Independent Bank's latest annual revenue breakdown by segment (product or service), as of Dec 21: Interchange Income (32.52%), Service Charges on Deposits (23.55%), Overdraft Fees (19.52%), Investment and Insurance Commissions (6.03%), Other Deposit Related Income (5.28%), Asset Management Revenue (3.91%), Account Service Charges (2.62%), ATM Fees (2.57%), Transaction Based Revenue (2.12%), and Other (1.90%).

Quarterly Revenue by Product

Product/Service	Jun 26	Mar 26	Sep 25	Jun 25	Mar 25	Sep 24	Mar 24	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Investment And Insurance Commissions	$864.00K	$809.00K	$940.00K	$810.00K	$753.00K	$881.00K	$804.00K	$876.00K	$743.00K	$827.00K	-	-	-	-	-	-	-	-	-	-
ATM Fees	$382.00K	$343.00K	$413.00K	$401.00K	$355.00K	$430.00K	$383.00K	$457.00K	$449.00K	$329.00K	$318.00K	$310.00K	$277.00K	$292.00K	$336.00K	$213.00K	$268.00K	$277.00K	$320.00K	$276.00K
Other	$156.00K	$143.00K	$153.00K	$169.00K	$184.00K	$167.00K	$250.00K	$247.00K	$262.00K	$247.00K	$239.00K	$237.00K	$251.00K	$267.00K	$179.00K	$175.00K	$198.00K	$192.00K	$184.00K	$157.00K
Overdraft Fees	$2.21M	$2.10M	$2.33M	$2.19M	$2.11M	$2.38M	$2.19M	$2.09M	$2.42M	$2.26M	$2.49M	$2.50M	$2.51M	$2.69M	$2.70M	$1.83M	$1.21M	$1.50M	$1.37M	$1.02M
Other Deposit Related Income	$664.00K	$610.00K	$692.00K	$697.00K	$648.00K	$724.00K	$748.00K	$826.00K	$836.00K	$676.00K	$644.00K	$625.00K	$622.00K	$655.00K	$602.00K	$462.00K	$561.00K	$565.00K	$600.00K	$510.00K
Transaction Based Revenue	$429.00K	$385.00K	$527.00K	$420.00K	$343.00K	$423.00K	$311.00K	$388.00K	$284.00K	$385.00K	$316.00K	$229.00K	$269.00K	$246.00K	$234.00K	$233.00K	$201.00K	$147.00K	$195.00K	$146.00K
Service Charges On Deposits	$3.10M	$2.94M	$3.13M	$2.98M	$2.81M	$3.08M	$2.87M	$3.31M	$3.13M	$2.86M	-	-	-	-	-	-	-	-	-	-
Account Service Charges	$768.00K	$723.00K	$685.00K	$673.00K	$593.00K	$593.00K	$573.00K	$1.08M	$589.00K	$467.00K	$436.00K	$452.00K	$321.00K	$180.00K	$107.00K	$331.00K	$512.00K	$516.00K	$544.00K	$451.00K
Asset Management Revenue	$435.00K	$424.00K	$413.00K	$390.00K	$410.00K	$458.00K	$493.00K	$488.00K	$459.00K	$442.00K	$433.00K	$453.00K	$469.00K	$462.00K	$444.00K	$401.00K	$383.00K	$346.00K	$335.00K	$289.00K
Interchange Income	$3.58M	$3.23M	$4.16M	$3.39M	$3.13M	$4.15M	$3.15M	$4.10M	$3.35M	$3.21M	$4.05M	$3.42M	$3.08M	$3.31M	$4.24M	$3.45M	$3.05M	$2.82M	$3.43M	$2.53M
Investment and Insurance Commissions	-	-	-	-	-	-	-	-	-	-	$749.00K	$682.00K	$738.00K	$708.00K	$678.00K	$634.00K	$584.00K	$493.00K	$530.00K	$435.00K
Service Charges on Deposits	-	-	-	-	-	-	-	-	-	-	$3.08M	$3.10M	$2.96M	$2.99M	$2.94M	$2.32M	$1.92M	$2.22M	$2.08M	$1.62M

Independent Bank's latest quarterly revenue breakdown by segment (product or service), as of Jun 26: Interchange Income (28.42%), Service Charges On Deposits (24.64%), Overdraft Fees (17.55%), Investment And Insurance Commissions (6.87%), Account Service Charges (6.10%), Other Deposit Related Income (5.28%), Asset Management Revenue (3.46%), Transaction Based Revenue (3.41%), ATM Fees (3.04%), and Other (1.24%).

Independent Bank Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 21	Dec 20	Dec 19	Dec 18
Investment and Insurance Commissions	$2.60M	$1.97M	$1.66M	-
Interchange Income	$14.04M	$11.23M	$10.30M	-
Asset Management Revenue	$1.69M	$1.28M	$1.12M	-
Account Service Charges	$1.13M	$2.02M	$2.10M	$2.15M
Transaction Based Revenue	$914.00K	$688.00K	$535.00K	-
Service Charges on Deposits	$10.17M	$8.52M	$11.21M	-
Overdraft Fees	$8.43M	$5.63M	$7.59M	$8.29M
Other	$819.00K	$769.00K	$965.00K	$941.00K
ATM Fees	$1.11M	$1.17M	$1.37M	$1.42M
Other Deposit Related Income	$2.28M	$2.31M	$2.79M	-

Independent Bank's latest annual revenue breakdown by geography, as of Dec 21: Interchange Income (32.52%), Service Charges on Deposits (23.55%), Overdraft Fees (19.52%), Investment and Insurance Commissions (6.03%), Other Deposit Related Income (5.28%), Asset Management Revenue (3.91%), Account Service Charges (2.62%), ATM Fees (2.57%), Transaction Based Revenue (2.12%), and Other (1.90%).

Independent Bank Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CAC	Camden National	$367.34M	$78.99M
ORRF	Orrstown Financial Services	$353.86M	$88.54M
GSBC	Great Southern Bancorp	$343.30M	$79.92M
THFF	First Financial	$326.44M	$94.86M
SMBK	SmartFinancial	$316.37M	$85.93M
IBCP	Independent Bank	$315.38M	$82.63M
SMBC	Southern Missouri Bancorp	$305.25M	$77.94M
SPFI	South Plains Financial	$296.89M	$80.78M
CCBG	Capital City Bank Group	$279.31M	$72.44M
MCBS	MetroCity Bankshares	$237.03M	$70.41M
BCAL	California BanCorp	$233.00M	$56.38M

IBCP Revenue FAQ

What is Independent Bank’s yearly revenue?

Independent Bank's yearly revenue for 2025 was $315.38M, representing a decrease of -0.30% compared to 2024. The company's yearly revenue for 2024 was $316.33M, representing an increase of 11.45% compared to 2023. IBCP's yearly revenue for 2023 was $283.83M, representing an increase of 26.58% compared to 2022.

What is Independent Bank’s quarterly revenue?

Independent Bank's quarterly revenue for Q2 2026 was $82.63M, a 10.74% increase from the previous quarter (Q1 2026), and a 8.25% increase year-over-year (Q2 2025). The company's quarterly revenue for Q1 2026 was $74.62M, a -6.00% decrease from the previous quarter (Q4 2025), and a -0.15% decrease year-over-year (Q1 2025). IBCP's quarterly revenue for Q4 2025 was $79.38M, a -0.01% decrease from the previous quarter (Q3 2025), and a -6.09% decrease year-over-year (Q4 2024).

What is Independent Bank’s revenue growth rate?

Independent Bank's revenue growth rate for the last 3 years (2023-2025) was 11.12%, and for the last 5 years (2021-2025) was 52.27%.

What are Independent Bank’s revenue streams?

Independent Bank's revenue streams in c 21 are Other Deposit Related Income, Transaction Based Revenue, Asset Management Revenue, Interchange Income, Investment and Insurance Commissions, ATM Fees, Other, Account Service Charges, Overdraft Fees, and Service Charges on Deposits. Other Deposit Related Income generated $2.28M in revenue, accounting 5.28% of the company's total revenue, down -1.21% year-over-year. Transaction Based Revenue generated $914K in revenue, accounting 2.12% of the company's total revenue, up 32.85% year-over-year. Asset Management Revenue generated $1.69M in revenue, accounting 3.91% of the company's total revenue, up 31.64% year-over-year. Interchange Income generated $14.04M in revenue, accounting 32.52% of the company's total revenue, up 25.07% year-over-year. Investment and Insurance Commissions generated $2.6M in revenue, accounting 6.03% of the company's total revenue, up 32.06% year-over-year. ATM Fees generated $1.11M in revenue, accounting 2.57% of the company's total revenue, down -5.46% year-over-year. Other generated $819K in revenue, accounting 1.90% of the company's total revenue, up 6.50% year-over-year. Account Service Charges generated $1.13M in revenue, accounting 2.62% of the company's total revenue, down -43.98% year-over-year. Overdraft Fees generated $8.43M in revenue, accounting 19.52% of the company's total revenue, up 49.83% year-over-year. Service Charges on Deposits generated $10.17M in revenue, accounting 23.55% of the company's total revenue, up 19.41% year-over-year.

What is Independent Bank’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of Independent Bank was Interchange Income. This segment made a revenue of $14.04M, representing 32.52% of the company's total revenue.