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Independent Bank (IBCP)
NASDAQ:IBCP
US Market

Independent Bank (IBCP) Income Statement

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Independent Bank Income Statement

Last quarter (Q3 2024), Independent Bank's total revenue was $77.85M, an increase of 45.78% from the same quarter last year. In Q3, Independent Bank's net income was $13.81M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 23Dec 22Dec 21Dec 20Dec 19
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 Expenses
$ 109.27M$ -107.34M$ -121.72M$ -128.04M$ -106.34M
Depreciation and Amortization
$ 5.75M$ 6.08M$ 6.37M$ 6.32M$ 6.29M
EBITDA
$ 79.42M$ 83.87M$ 83.68M$ 78.64M$ 63.82M
Operating Income
$ 91.53M$ 97.23M$ 77.31M$ 69.48M$ 57.76M
Other Income/Expenses
$ -17.85M$ -17.16M$ -20.20M$ -417.00K$ 0.00
Pretax Income
$ 73.68M$ 77.79M$ 77.31M$ 69.48M$ 57.76M
Net Income
$ 59.07M$ 63.35M$ 62.90M$ 56.15M$ 46.44M
Per Share Metrics
$ ―$ ―$ ―$ ―$ ―
Basic EPS
$ 2.82$ 3.00$ 2.91$ 2.56$ 2.03
Diluted EPS
$ 2.79$ 2.97$ 2.88$ 2.53$ 2.00
Weighted Average Shares Outstanding
20.98M 21.10M 21.59M 21.98M 22.89M
Weighted Average Shares Outstanding (Diluted)
21.17M 21.30M 21.81M 22.22M 23.18M
Currency in USD

Independent Bank Earnings and Revenue History

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