Independent Bank Corporation (IBCP) — Cash Flow Quality Index
Independent Bank Corporation (IBCP) has a Cash Flow Quality Index of 1.04x as of September 2025. Operating cash flow of $18.20 Million exceeds net income of $17.50 Million, indicating high earnings quality where cash backs reported profits. Explore Independent Bank Corporation operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Independent Bank Corporation Cash Flow Quality Index (1989–2024)
Historical Cash Flow Quality Index for Independent Bank Corporation across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Independent Bank Corporation (IBCP) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Independent Bank Corporation (1989–2024)
Year-by-year earnings quality comparison for Independent Bank Corporation. For live market cap and the full company financial profile, see how much is Independent Bank Corporation worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 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 | — |