Independent Bank Corporation (IBCP) — Free Cash Flow Generation Index
Independent Bank Corporation (IBCP) has a Free Cash Flow Generation Index of 1.22x as of June 2026. Free cash flow of $25.58 Million represents 1% of operating cash flow ($20.97 Million). Explore IBCP capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Independent Bank Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Independent Bank Corporation across 33 annual periods. For the full cash flow conversion analysis, see Independent Bank Corporation cash conversion from operations.
Annual Free Cash Flow Generation for Independent Bank Corporation (1989–2025)
Year-by-year Free Cash Flow Generation Index for Independent Bank Corporation. Check Independent Bank Corporation (IBCP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.92x | $70.17 Million | $76.66 Million | $6.49 Million | ▲ +4.7% |
| 2024 | 0.87x | $55.20 Million | $63.15 Million | $7.95 Million | ▼ -5.0% |
| 2023 | 0.92x | $69.56 Million | $75.59 Million | $6.02 Million | ▼ -2.1% |
| 2022 | 0.94x | $88.95 Million | $94.63 Million | $5.68 Million | ▼ -0.7% |
| 2021 | 0.95x | $104.32 Million | $110.15 Million | $5.84 Million | ▲ +2.3% |
| 2020 | 0.93x | $54.30 Million | $58.68 Million | $4.38 Million | ▲ +8.0% |
| 2019 | 0.86x | $29.56 Million | $34.49 Million | $4.94 Million | ▼ -6.3% |
| 2018 | 0.91x | $41.06 Million | $44.92 Million | $3.86 Million | ▲ +2.7% |
| 2017 | 0.89x | $34.37 Million | $38.61 Million | $4.24 Million | ▲ +4.2% |
| 2016 | 0.85x | $20.25 Million | $23.70 Million | $3.46 Million | ▲ +5.5% |
| 2015 | 0.81x | $18.50 Million | $22.86 Million | $4.35 Million | ▲ +20.6% |
| 2014 | 0.67x | $8.77 Million | $13.07 Million | $4.30 Million | ▼ -20.0% |
| 2013 | 0.84x | $43.70 Million | $52.07 Million | $8.37 Million | ▲ +2.4% |
| 2012 | 0.82x | $24.10 Million | $29.39 Million | $5.29 Million | ▼ -11.6% |
| 2011 | 0.93x | $32.85 Million | $35.41 Million | $2.78 Million | ▲ +212.1% |
| 2009 | -0.83x | $-3.62 Million | $4.38 Million | $8.00 Million | ▼ -236.0% |
| 2008 | 0.61x | $12.63 Million | $20.76 Million | $8.13 Million | ▲ +45.1% |
| 2007 | 0.42x | $7.47 Million | $17.81 Million | $10.34 Million | ▲ +4.6% |
| 2006 | 0.40x | $8.92 Million | $22.23 Million | $13.32 Million | ▼ -43.7% |
| 2005 | 0.71x | $34.45 Million | $48.35 Million | $13.90 Million | ▼ -1.7% |
| 2004 | 0.72x | $30.88 Million | $42.60 Million | $11.72 Million | ▼ -23.5% |
| 2003 | 0.95x | $132.59 Million | $139.86 Million | $7.27 Million | ▲ +0.1% |
| 2000 | 0.95x | $29.17 Million | $30.81 Million | $1.65 Million | ▲ +10.2% |
| 1999 | 0.86x | $39.70 Million | $46.20 Million | $6.50 Million | ▲ +341.1% |
| 1997 | 0.19x | $1.50 Million | $7.70 Million | $6.20 Million | ▼ -71.3% |
| 1996 | 0.68x | $7.80 Million | $11.50 Million | $3.70 Million | ▼ -16.7% |
| 1995 | 0.81x | $7.00 Million | $8.60 Million | $1.60 Million | ▼ -6.6% |
| 1994 | 0.87x | $8.80 Million | $10.10 Million | $1.30 Million | ▲ +20.0% |
| 1993 | 0.73x | $5.30 Million | $7.30 Million | $2.00 Million | ▲ +11.7% |
| 1992 | 0.65x | $1.30 Million | $2.00 Million | $700.00K | ▼ -30.7% |
| 1991 | 0.94x | $6.10 Million | $6.50 Million | $400.00K | ▲ +14.7% |
| 1990 | 0.82x | $2.70 Million | $3.30 Million | $600.00K | ▲ +29.8% |
| 1989 | 0.63x | $2.90 Million | $4.60 Million | $1.70 Million | — |