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Independent Bank Corporation
IBCP•NASDAQ
Financial Services
Banks - Regional
$32.41
$0.00(0.00%)
Independent Bank Corporation (IBCP) Financial Performance & Statements
Review Independent Bank Corporation’s income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns to understand its financial health and growth.
Revenue Growth
7.63%
↑ 7.63%
Operating Income Growth
-311.50%
↓ 311.50%
Net Income Growth
13.07%
↑ 13.07%
Operating Cash Flow Growth
-16.45%
↓ 16.45%
Operating Margin
26.14%
↑ 26.14%
Gross Margin
67.31%
↑ 67.31%
Net Profit Margin
21.07%
↑ 21.07%
ROE
14.71%
↑ 14.71%
ROIC
11.86%
↑ 11.86%
Independent Bank Corporation (IBCP) Financial Statements
Explore quarterly and annual reports including balance sheet, income statement, cash flow for Independent Bank Corporation stock.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $60.41M | $77.85M | $78.85M | $77.44M |
| Cost of Revenue | $0.00 | -$5.37M | -$2.78M | $259000.00 |
| Gross Profit | $60.41M | $83.22M | $81.63M | $77.18M |
| Gross Profit Ratio | $1.00 | $1.07 | $1.04 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $25.76M | $21.29M | $22.73M | $22.16M |
| Operating Expenses | $60.41M | $49.56M | $9.49M | $9.12M |
| Total Costs & Expenses | $60.41M | $49.56M | $55.69M | $57.62M |
| Interest Income | $66.98M | $68.33M | $66.34M | $65.13M |
| Interest Expense | $24.13M | $26.48M | $24.99M | $24.93M |
| Depreciation & Amortization | $2.48M | $2.51M | $2.50M | $2.51M |
| EBITDA | $0.00 | $0.00 | $25.67M | $22.33M |
| EBITDA Ratio | $0.00 | $0.00 | $0.33 | $0.29 |
| Operating Income | $0.00 | $0.00 | $23.86M | $20.60M |
| Operating Income Ratio | $0.00 | $0.00 | $0.30 | $0.27 |
| Other Income/Expenses (Net) | $22.77M | $17.29M | $0.00 | $0.00 |
| Income Before Tax | $22.77M | $17.29M | $23.17M | $19.82M |
| Income Before Tax Ratio | $0.38 | $0.22 | $0.29 | $0.26 |
| Income Tax Expense | $4.31M | $3.48M | $4.64M | $3.83M |
| Net Income | $18.46M | $13.81M | $18.53M | $15.99M |
| Net Income Ratio | $0.31 | $0.18 | $0.23 | $0.21 |
| EPS | $0.88 | $0.66 | $0.89 | $0.77 |
| Diluted EPS | $0.87 | $0.65 | $0.88 | $0.76 |
| Weighted Avg Shares Outstanding | $20.90M | $20.90M | $20.90M | $20.88M |
| Weighted Avg Shares Outstanding (Diluted) | $21.11M | $21.11M | $21.11M | $21.08M |
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