Independent Bank Corporation (IBCP) — 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. Explore Independent Bank Corporation (IBCP) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Independent Bank Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Independent Bank Corporation across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Independent Bank Corporation.
Annual Cash Flow Quality Index for Independent Bank Corporation (1989–2025)
Year-by-year earnings quality comparison for Independent Bank Corporation.
| 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 | — |