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Independent Bank (IBCP)
NASDAQ:IBCP
US Market

Independent Bank (IBCP) Financial Statements

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Independent Bank Financial Overview

Independent Bank's market cap is currently $721.68M. The company's EPS TTM is $3.16; its P/E ratio is 10.93; and it has a dividend yield of 2.76%. Independent Bank is scheduled to report earnings on January 25, 2025, and the estimated EPS forecast is $0.70. See an overview of income statement, balance sheet, and cash flow financials.
Dec 23Dec 22Dec 21Dec 20Dec 19
Income Statement
Total Revenue$ 200.50M$ 204.57M$ 199.03M$ 197.52M$ 164.10M
Gross Profit$ 294.56M$ 204.57M$ 199.03M$ 197.52M$ 164.10M
Operating Income$ 91.53M$ 97.23M$ 77.31M$ 69.48M$ 57.76M
EBITDA$ 79.42M$ 83.87M$ 83.68M$ 78.64M$ 63.82M
Net Income$ 59.07M$ 63.35M$ 62.90M$ 56.15M$ 46.44M
Balance Sheet
Cash & Short-Term Investments$ 169.48M$ 853.72M$ 1.52B$ 1.19B$ 584.05M
Total Assets$ 5.26B$ 5.00B$ 4.70B$ 4.20B$ 3.56B
Total Debt$ 129.26M$ 226.10M$ 108.96M$ 108.82M$ 128.10M
Net Debt$ -40.52M$ 151.73M$ -515.00K$ -9.89M$ 62.45M
Total Liabilities$ 4.86B$ 4.65B$ 108.96M$ 108.82M$ 3.21B
Stockholders' Equity$ 404.45M$ 347.60M$ 398.48M$ 389.52M$ 350.17M
Cash Flow
Free Cash Flow$ 69.56M$ 88.95M$ 104.32M$ 53.79M$ 29.04M
Operating Cash Flow$ 75.59M$ 94.63M$ 110.15M$ 58.17M$ 33.98M
Investing Cash Flow$ -162.94M$ -424.59M$ -563.06M$ -553.40M$ -181.64M
Financing Cash Flow$ 182.77M$ 294.86M$ 443.68M$ 548.63M$ 142.72M
Currency in USD

Independent Bank Earnings and Revenue History

Independent Bank Debt to Assets

Independent Bank Cash Flow

Independent Bank Forecast EPS vs Actual EPS

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