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 IBCP long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 IBCP market cap.
| 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 | — |