Independent Bank Corporation (IBCP) — Cash Flow Reinvestment Rate
Independent Bank Corporation (IBCP) has a Cash Flow Reinvestment Rate of 0.46x as of June 2026, reinvesting $9.65 Million (capex $4.61 Million plus investments $5.04 Million) from operating cash flow of $20.97 Million. See Independent Bank Corporation free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Independent Bank Corporation Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Independent Bank Corporation across 33 annual periods. For the full cash flow conversion analysis, see how efficiently does Independent Bank Corporation generate cash.
Annual Cash Flow Reinvestment Rate for Independent Bank Corporation (1989–2025)
Year-by-year capital reinvestment analysis for Independent Bank Corporation. See how financially flexible is Independent Bank Corporation to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.52x | $116.19 Million | $76.66 Million | $6.49 Million | ▼ -24.1% |
| 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 | — |