Independent Bank Corporation (IBCP) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.62x

Independent Bank Corporation (IBCP) has a Cash Flow Reinvestment Rate of 0.62x as of September 2025, reinvesting $11.29 Million (capex $1.66 Million plus investments $-9.63 Million) from operating cash flow of $18.20 Million. Check IBCP cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.62x
(Capex + Investments) / Operating CF

Total Reinvested

$11.29 Million
Capex + Investments

Operating Cash Flow

$18.20 Million
USD

Capital Expenditures

$1.66 Million
USD

Independent Bank Corporation Cash Flow Reinvestment Rate (1989–2024)

Historical reinvestment intensity for Independent Bank Corporation across 32 annual periods. Explore Independent Bank Corporation (IBCP) long-term investment share to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Independent Bank Corporation (1989–2024)

Year-by-year capital reinvestment analysis for Independent Bank Corporation. For live market cap and broader valuation context, see Independent Bank Corporation stock valuation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 2.00x $126.11 Million $63.15 Million $7.95 Million ▼ -26.7%
2023 2.73x $206.02 Million $75.59 Million $6.02 Million ▲ +36.0%
2022 2.00x $189.68 Million $94.63 Million $5.68 Million ▼ -38.5%
2021 3.26x $359.06 Million $110.15 Million $5.84 Million ▼ -65.7%
2020 9.50x $557.78 Million $58.68 Million $4.38 Million ▲ +705.8%
2019 1.18x $40.68 Million $34.49 Million $4.94 Million ▼ -75.1%
2018 4.74x $212.97 Million $44.92 Million $3.86 Million ▼ -42.4%
2017 8.23x $317.80 Million $38.61 Million $4.24 Million ▲ +43.6%
2016 5.73x $135.91 Million $23.70 Million $3.46 Million ▼ -1.6%
2015 5.83x $133.14 Million $22.86 Million $4.35 Million ▼ -27.5%
2014 8.04x $105.09 Million $13.07 Million $4.30 Million ▲ +66.5%
2013 4.83x $251.43 Million $52.07 Million $8.37 Million ▲ +195.8%
2012 1.63x $47.98 Million $29.39 Million $5.29 Million ▼ -48.6%
2011 3.18x $112.54 Million $35.41 Million $2.78 Million ▲ +73.9%
2009 1.83x $8.00 Million $4.38 Million $8.00 Million ▲ +366.8%
2008 0.39x $8.13 Million $20.76 Million $8.13 Million ▼ -32.6%
2007 0.58x $10.34 Million $17.81 Million $10.34 Million ▼ -3.1%
2006 0.60x $13.32 Million $22.23 Million $13.32 Million ▲ +108.3%
2005 0.29x $13.90 Million $48.35 Million $13.90 Million ▲ +4.5%
2004 0.28x $11.72 Million $42.60 Million $11.72 Million ▲ +429.1%
2003 0.05x $7.27 Million $139.86 Million $7.27 Million ▼ -2.6%
2000 0.05x $1.65 Million $30.81 Million $1.65 Million ▼ -62.1%
1999 0.14x $6.50 Million $46.20 Million $6.50 Million ▼ -82.5%
1997 0.81x $6.20 Million $7.70 Million $6.20 Million ▲ +150.3%
1996 0.32x $3.70 Million $11.50 Million $3.70 Million ▲ +72.9%
1995 0.19x $1.60 Million $8.60 Million $1.60 Million ▲ +44.5%
1994 0.13x $1.30 Million $10.10 Million $1.30 Million ▼ -53.0%
1993 0.27x $2.00 Million $7.30 Million $2.00 Million ▼ -21.7%
1992 0.35x $700.00K $2.00 Million $700.00K ▲ +468.7%
1991 0.06x $400.00K $6.50 Million $400.00K ▼ -66.2%
1990 0.18x $600.00K $3.30 Million $600.00K ▼ -50.8%
1989 0.37x $1.70 Million $4.60 Million $1.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow