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Independent Bank Corporation (IBCP)
:IBCP
US Market

Independent Bank (IBCP) Income Statement

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Independent Bank Income Statement

Last quarter (Q4 2024), Independent Bank's total revenue was $60.41M, a decrease of -23.65% from the same quarter last year. In Q4, Independent Bank's net income was $18.46M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 215.80M$ 200.50M$ 204.57M$ 199.03M$ 197.52M
Gross Profit
$ 215.80M$ 294.56M$ 204.57M$ 199.03M$ 197.52M
Operating Expenses
$ 215.80M$ 109.27M$ -107.34M$ -121.72M$ -128.04M
Depreciation and Amortization
$ 10.01M$ 5.75M$ 6.08M$ 6.37M$ 6.32M
EBITDA
$ 0.00$ 79.42M$ 83.87M$ 83.68M$ 78.64M
Operating Income
$ -193.58M$ 91.53M$ 97.23M$ 77.31M$ 69.48M
Other Income/Expenses
$ 276.63M$ -17.85M$ -17.16M$ -20.20M$ -417.00K
Pretax Income
$ 83.05M$ 73.68M$ 77.79M$ 77.31M$ 69.48M
Net Income
$ 66.79M$ 59.07M$ 63.35M$ 62.90M$ 56.15M
Per Share Metrics
Basic EPS
$ 3.20$ 2.82$ 3.00$ 2.91$ 2.56
Diluted EPS
$ 3.16$ 2.79$ 2.97$ 2.88$ 2.53
Weighted Average Shares Outstanding
20.90M 20.98M 21.10M 21.59M 21.98M
Weighted Average Shares Outstanding (Diluted)
21.11M 21.17M 21.30M 21.81M 22.22M
Currency in USD

Independent Bank Earnings and Revenue History

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