How many employees work at Independent Bank Corp. (Michigan)?
Independent Bank Corp. (Michigan) (IBCP) has approximately 834 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Independent Bank Corp. (Michigan)’s total headcount has declined 2.1% from 852 employees in 2023 to 834 in 2026.
Is Independent Bank Corp. (Michigan) hiring right now?
Yes, Independent Bank Corp. (Michigan) is actively hiring. Independent Bank Corp. (Michigan) had 31 active job postings in 2026, a 14.9% decline from 2025 — see job openings & hiring trends.
About Independent Bank Corp. (Michigan)’s Workforce
Independent Bank Corp. (Michigan) (IBCP) is a Financial Services company that employs 834 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1864, the company is headquartered in Grand Rapids, Michigan and trades on the NASDAQ.
Independent Bank Corp. (Michigan)'s workforce has declined 2.1% from 2023 to 2026, down 0.7% year over year in 2026. It fell to a low of 828 in 2025 Q4 before recovering. Its workforce is concentrated most in North America (97.7%), followed by South Asia (0.5%) and South America (0.4%).
Independent Bank Corp. (Michigan)'s functional groups are Finance and Operations (56.4%), Sales and Marketing (27.2%), and Engineering (16.3%), with Engineering growing fastest (up 2.1%). The average salary is $83,172, ranging from a median of $67,000 in Pacific Islands to $15,000 in South Asia.
Independent Bank Corp. (Michigan)'s active job postings fell 14.9% in 2026 to 31, with new postings per month cooling from 64 in 2023 to 24 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Ticker
- NASDAQ: IBCP
- Headquarters
- Grand Rapids, Michigan
- Founded
- 1864
- Industry
- Financial Services
- Employees
- 834
- YoY
- -0.7% (-2)
As of March 2026
Independent Bank Corp. (Michigan) workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Independent Bank Corp. (Michigan). Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsIndependent Bank Corp. (Michigan) Annual Employee Count (2023-2026)
- Independent Bank Corp. (Michigan) had 834 employees in 2026, a 0.7% decline (-2) from 2025.
- Independent Bank Corp. (Michigan) had 828 employees in 2025, a 1.4% decline (-9) from 2024.
- Independent Bank Corp. (Michigan) had 837 employees in 2024, a 0.5% decline (-10) from 2023.
- Independent Bank Corp. (Michigan) had 847 employees in 2023, a 1.4% decline (-13) from 2022.
Independent Bank Corp. (Michigan)'s total workforce has grown from 828 employees in 2025 to 834 in 2026. Independent Bank Corp. (Michigan)'s headcount peaked at 853 in 2024 before declining in 2025 and recovering through 2026.
Independent Bank Corp. (Michigan) quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 834 | -2 | -0.7% |
| 2025 | Q4 | 828 | -9 | -1.4% |
| 2025 | Q3 | 834 | -6 | -1.4% |
| 2025 | Q2 | 842 | -11 | -1.3% |
| 2025 | Q1 | 836 | -10 | -0.9% |
| 2024 | Q4 | 837 | -10 | -0.5% |
| 2024 | Q3 | 840 | -3 | +0.2% |
| 2024 | Q2 | 853 | +1 | +0.7% |
| 2024 | Q1 | 846 | -14 | -1.0% |
| 2023 | Q4 | 847 | -13 | -1.4% |
| 2023 | Q3 | 843 | -23 | -2.2% |
| 2023 | Q2 | 852 | -28 | -2.7% |
See Independent Bank Corp. (Michigan)'s complete headcount history, including quarterly breakdowns.
Get the DataIndependent Bank Corp. (Michigan) Employee Count by Region (2026)
North America accounts for the largest share of Independent Bank Corp. (Michigan)'s global workforce with approximately 98% of total employees, followed by South Asia and South America.
Independent Bank Corp. (Michigan) employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 808 | 97.7% |
| South Asia | 4 | 0.5% |
| South America | 3 | 0.4% |
| Northern Europe | 3 | 0.4% |
| Pacific Islands | 2 | 0.3% |
| Western Europe | 2 | 0.2% |
| Southeast Asia | 2 | 0.2% |
| Central America and the Caribbean | 1 | 0.1% |
| Central and Western Asia | 1 | 0.1% |
| Eastern Europe | 0 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataIndependent Bank Corp. (Michigan) Employee Count by Department (2026)
Independent Bank Corp. (Michigan)'s employee groups are Finance and Operations (56.4%), Sales and Marketing (27.2%), and Engineering (16.3%).
Independent Bank Corp. (Michigan) employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 461 | 56.4% |
| Sales and Marketing | 223 | 27.2% |
| Engineering | 133 | 16.3% |
Compare Independent Bank Corp. (Michigan)'s department mix to industry peers.
See Full DataIndependent Bank Corp. (Michigan) Employee Salary by Region (2026)
Independent Bank Corp. (Michigan)'s average employee salary is $83,172 globally. Employees in Pacific Islands receive the highest compensation. Pay is lowest in South Asia, at a median of $15,000.
Independent Bank Corp. (Michigan) median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Pacific Islands | $67,000 |
| Western Europe | $65,000 |
| North America | $61,000 |
| Northern Europe | $37,000 |
| Central America and the Caribbean | $19,000 |
| South America | $18,000 |
| South Asia | $15,000 |
| Southeast Asia | $5,000 |
Unlock salary by role, level, and city — and compare to Independent Bank Corp. (Michigan)'s industry peers.
Unlock Salary DataIndependent Bank Corp. (Michigan) Job Openings and Hiring Trends (2023-2026)
- Independent Bank Corp. (Michigan) had 31 active job postings in 2026, a 14.9% decline (+3) from 2025.
- Independent Bank Corp. (Michigan) had 28 active job postings in 2025, a 83.3% decline (-40) from 2024.
- Independent Bank Corp. (Michigan) had 68 active job postings in 2024, a 48.0% decline (-43) from 2023.
- Independent Bank Corp. (Michigan) had 111 active job postings in 2023, a 5.6% increase from 2022.
- Hiring velocity in 2026: 24 new roles/month, up from 19 in 2025 and 54 in 2024.
Independent Bank Corp. (Michigan)'s hiring is slowing: active job postings fell 14.9% in 2026 to 31, with new postings per month cooling from 64 in 2023 to 24 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataIndependent Bank Corp. (Michigan) Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Independent Bank Corp. (Michigan)'s workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Independent Bank Corp. (Michigan)
- How fast is Independent Bank Corp. (Michigan) growing?
- In 2026, Independent Bank Corp. (Michigan)'s headcount shrank 0.7% to 834 employees, down from 836 in 2025.
- See the full headcount history
- Where are Independent Bank Corp. (Michigan) employees located?
- Most Independent Bank Corp. (Michigan) employees are based in North America (97.7% of headcount), followed by South Asia and South America.
- Explore where the workforce is based
- What is the average salary at Independent Bank Corp. (Michigan)?
- The average employee salary at Independent Bank Corp. (Michigan) is approximately $83.2k per year.
- Analyze the salary distribution
- How many new job postings does Independent Bank Corp. (Michigan) open per year?
- In Q1 2026, Independent Bank Corp. (Michigan) opened 73 new job postings. In 2025, Independent Bank Corp. (Michigan) opened 233 new job postings — about 19 per month.
- Track hiring trends by role
- When was Independent Bank Corp. (Michigan) founded and where is it headquartered?
- Independent Bank Corp. (Michigan) was founded in 1864 and is headquartered in Grand Rapids, Michigan.
- Compare Independent Bank Corp. (Michigan) to industry peers
Speak with a workforce expert about Independent Bank Corp. (Michigan).
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