Independent Bank Corporation (IBCP) — Capital Reinvestment Ratio
Independent Bank Corporation (IBCP) has a Capital Reinvestment Ratio of 0.09x as of September 2025, meaning it reinvests 0% of its operating cash flow ($18.20 Million) in capital expenditures ($1.66 Million). See net asset quality index of Independent Bank Corporation to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Independent Bank Corporation Capital Reinvestment Ratio (1989–2024)
This chart tracks Independent Bank Corporation's Capital Reinvestment Ratio across 32 annual periods. Check IBCP cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Independent Bank Corporation (1989–2024)
Year-by-year Capital Reinvestment Ratio for Independent Bank Corporation from 1989 to 2024. For live market cap and broader valuation context, see how much is Independent Bank Corporation worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.13x | $63.15 Million | $7.95 Million | ▲ +58.0% |
| 2023 | 0.08x | $75.59 Million | $6.02 Million | ▲ +32.8% |
| 2022 | 0.06x | $94.63 Million | $5.68 Million | ▲ +13.3% |
| 2021 | 0.05x | $110.15 Million | $5.84 Million | ▼ -29.1% |
| 2020 | 0.07x | $58.68 Million | $4.38 Million | ▼ -47.8% |
| 2019 | 0.14x | $34.49 Million | $4.94 Million | ▲ +66.5% |
| 2018 | 0.09x | $44.92 Million | $3.86 Million | ▼ -21.8% |
| 2017 | 0.11x | $38.61 Million | $4.24 Million | ▼ -24.7% |
| 2016 | 0.15x | $23.70 Million | $3.46 Million | ▼ -23.4% |
| 2015 | 0.19x | $22.86 Million | $4.35 Million | ▼ -42.1% |
| 2014 | 0.33x | $13.07 Million | $4.30 Million | ▲ +104.5% |
| 2013 | 0.16x | $52.07 Million | $8.37 Million | ▼ -10.7% |
| 2012 | 0.18x | $29.39 Million | $5.29 Million | ▲ +129.4% |
| 2011 | 0.08x | $35.41 Million | $2.78 Million | ▼ -95.7% |
| 2009 | 1.83x | $4.38 Million | $8.00 Million | ▲ +366.8% |
| 2008 | 0.39x | $20.76 Million | $8.13 Million | ▼ -32.6% |
| 2007 | 0.58x | $17.81 Million | $10.34 Million | ▼ -3.1% |
| 2006 | 0.60x | $22.23 Million | $13.32 Million | ▲ +108.3% |
| 2005 | 0.29x | $48.35 Million | $13.90 Million | ▲ +4.5% |
| 2004 | 0.28x | $42.60 Million | $11.72 Million | ▲ +429.1% |
| 2003 | 0.05x | $139.86 Million | $7.27 Million | ▼ -2.6% |
| 2000 | 0.05x | $30.81 Million | $1.65 Million | ▼ -62.1% |
| 1999 | 0.14x | $46.20 Million | $6.50 Million | ▼ -82.5% |
| 1997 | 0.81x | $7.70 Million | $6.20 Million | ▲ +150.3% |
| 1996 | 0.32x | $11.50 Million | $3.70 Million | ▲ +72.9% |
| 1995 | 0.19x | $8.60 Million | $1.60 Million | ▲ +44.5% |
| 1994 | 0.13x | $10.10 Million | $1.30 Million | ▼ -53.0% |
| 1993 | 0.27x | $7.30 Million | $2.00 Million | ▼ -21.7% |
| 1992 | 0.35x | $2.00 Million | $700.00K | ▲ +468.7% |
| 1991 | 0.06x | $6.50 Million | $400.00K | ▼ -66.2% |
| 1990 | 0.18x | $3.30 Million | $600.00K | ▼ -50.8% |
| 1989 | 0.37x | $4.60 Million | $1.70 Million | — |