Independent Bank Corporation Cash Flow Quality Index
Independent Bank Corporation cash flow quality index. Independent Bank Corporation (IBCP) has a Cash Flow Quality Index of 1.12x as of June 2026. Operating cash flow of $20.97 Million exceeds net income of $18.80 Million, indicating high earnings quality where cash backs reported profits. See Independent Bank Corporation free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Independent Bank Corporation (1989–2025)
Cash flow quality index of Independent Bank Corporation from 1989 to 2025. Historical Cash Flow Quality Index for Independent Bank Corporation across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore cash flow to debt ratio of Independent Bank Corporation to assess how comfortably operating cash covers total debt obligations.
Independent Bank Corporation Cash Flow Quality Index by Year (1989–2025)
Independent Bank Corporation cash flow quality index by year from 1989 to 2025. Year-by-year earnings quality comparison for Independent Bank Corporation. For the full cash flow conversion analysis, see Independent Bank Corporation (IBCP) cash conversion ratio.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.12x | $76.66 Million | $68.54 Million | ▲ +18.3% |
| 2024 | 0.95x | $63.15 Million | $66.79 Million | ▼ -26.1% |
| 2023 | 1.28x | $75.59 Million | $59.07 Million | ▼ -14.3% |
| 2022 | 1.49x | $94.63 Million | $63.35 Million | ▼ -14.7% |
| 2021 | 1.75x | $110.15 Million | $62.90 Million | ▲ +67.6% |
| 2020 | 1.05x | $58.68 Million | $56.15 Million | ▲ +40.7% |
| 2019 | 0.74x | $34.49 Million | $46.44 Million | ▼ -34.1% |
| 2018 | 1.13x | $44.92 Million | $39.84 Million | ▼ -40.2% |
| 2017 | 1.89x | $38.61 Million | $20.48 Million | ▲ +81.1% |
| 2016 | 1.04x | $23.70 Million | $22.77 Million | ▼ -8.8% |
| 2015 | 1.14x | $22.86 Million | $20.02 Million | ▲ +57.4% |
| 2014 | 0.73x | $13.07 Million | $18.02 Million | ▲ +8.0% |
| 2013 | 0.67x | $52.07 Million | $77.51 Million | ▼ -40.1% |
| 2012 | 1.12x | $29.39 Million | $26.20 Million | ▼ -34.8% |
| 2007 | 1.72x | $17.81 Million | $10.36 Million | ▲ +156.9% |
| 2006 | 0.67x | $22.23 Million | $33.20 Million | ▼ -35.0% |
| 2005 | 1.03x | $48.35 Million | $46.91 Million | ▼ -6.7% |
| 2004 | 1.10x | $42.60 Million | $38.56 Million | ▼ -70.3% |
| 2003 | 3.72x | $139.86 Million | $37.59 Million | ▲ +851.3% |
| 2002 | -0.50x | $-14.59 Million | $29.47 Million | ▲ +42.2% |
| 2001 | -0.86x | $-20.92 Million | $24.40 Million | ▼ -155.7% |
| 2000 | 1.54x | $30.81 Million | $20.01 Million | ▼ -71.0% |
| 1999 | 5.31x | $46.20 Million | $8.70 Million | ▲ +601.5% |
| 1998 | -1.06x | $-12.60 Million | $11.90 Million | ▼ -120.6% |
| 1997 | 5.13x | $7.70 Million | $1.50 Million | ▲ +252.6% |
| 1996 | 1.46x | $11.50 Million | $7.90 Million | ▲ +15.1% |
| 1995 | 1.26x | $8.60 Million | $6.80 Million | ▼ -24.9% |
| 1994 | 1.68x | $10.10 Million | $6.00 Million | ▲ +24.5% |
| 1993 | 1.35x | $7.30 Million | $5.40 Million | ▲ +224.4% |
| 1992 | 0.42x | $2.00 Million | $4.80 Million | ▼ -75.0% |
| 1991 | 1.67x | $6.50 Million | $3.90 Million | ▲ +46.5% |
| 1990 | 1.14x | $3.30 Million | $2.90 Million | ▼ -33.2% |
| 1989 | 1.70x | $4.60 Million | $2.70 Million | — |