Independent Bank (IBCP)
(Real Time Quote from BATS)
$25.07 USD
-0.10 (-0.40%)
Updated Apr 26, 2024 01:47 PM ET
2-Buy of 5 2
B Value F Growth A Momentum D VGM
Income Statements
Fiscal Year end for Independent Bank Corporation falls in the month of December .
All items in Millions except EPS data.
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
---|---|---|---|---|---|
Sales | 290 | 231 | 215 | 221 | 197 |
Cost Of Goods | 75 | 14 | 4 | 13 | 23 |
Gross Profit | 215 | 217 | 210 | 208 | 173 |
Selling & Adminstrative & Depr. & Amort Expenses | 133 | 134 | 129 | 135 | 113 |
Income After Depreciation & Amortization | 82 | 83 | 81 | 73 | 61 |
Non-Operating Income | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 8 | 5 | 4 | 4 | 3 |
Pretax Income | 74 | 78 | 77 | 69 | 58 |
Income Taxes | 15 | 14 | 14 | 13 | 11 |
Minority Interest | 0 | 0 | 0 | 0 | 0 |
Investment Gains/Losses | 0 | 0 | 0 | 0 | 0 |
Other Income/Charges | 0 | 0 | 0 | 0 | 0 |
Income From Cont. Operations | 59 | 63 | 63 | 56 | 46 |
Extras & Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
Net Income (GAAP) | 59 | 63 | 63 | 56 | 46 |
Depreciation Footnote | 12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 |
---|---|---|---|---|---|
Income Before Depreciation & Amortization | 92 | 94 | 93 | 82 | 67 |
Depreciation & Amortization (Cash Flow) | 10 | 11 | 12 | 9 | 6 |
Income After Depreciation & Amortization | 82 | 83 | 81 | 73 | 61 |
Earnings Per Share Data | 12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 |
---|---|---|---|---|---|
Average Shares | 21.05 | 21.33 | 21.84 | 22.19 | 23.22 |
Diluted EPS Before Non-Recurring Items | 2.93 | 2.97 | 2.88 | 2.53 | 2.00 |
Diluted Net EPS (GAAP) | 2.79 | 2.97 | 2.88 | 2.53 | 2.00 |
Fiscal Year end for Independent Bank Corporation falls in the month of December .
All items in Millions except EPS data.
3/31/24 | 12/31/23 | 9/30/23 | 6/30/23 | 3/31/23 | |
---|---|---|---|---|---|
Sales | NA | 74.46 | 78.04 | 73.37 | 64.49 |
Cost Of Goods | NA | 23.11 | 20.74 | 17.46 | 13.76 |
Gross Profit | NA | 51.35 | 57.30 | 55.90 | 50.73 |
SG&A, R&D, and Dept/Amort Expenses | 0.00 | 31.26 | 33.39 | 35.57 | 33.12 |
Income After SG&A, R&D, and Dept/Amort Expenses | 0.00 | 20.09 | 23.91 | 20.33 | 17.61 |
Non-Operating Income | NA | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Expense | NA | 2.14 | 2.26 | 2.14 | 1.74 |
Pretax Income | NA | 17.95 | 21.65 | 18.20 | 15.88 |
Income Taxes | NA | 4.20 | 4.11 | 3.41 | 2.88 |
Minority Interest | NA | 0.00 | 0.00 | 0.00 | 0.00 |
Investment Gains/Losses | NA | 0.00 | 0.00 | 0.00 | 0.00 |
Other Income/Charges | NA | 0.00 | 0.00 | 0.00 | 0.00 |
Income From Cont. Operations | NA | 13.74 | 17.54 | 14.79 | 12.99 |
Extras & Discontinued Operations | NA | 0.00 | 0.00 | 0.00 | 0.00 |
Net Income (GAAP) | NA | 13.74 | 17.54 | 14.79 | 12.99 |
Earnings Per Share Data | 3/31/24 | 12/31/23 | 9/30/23 | 6/30/23 | 3/31/23 |
---|---|---|---|---|---|
Average Shares | NA | 21.05 | 21.11 | 21.22 | 21.30 |
Diluted EPS Before Non-Recurring Items | NA | 0.79 | 0.83 | 0.70 | 0.61 |
Diluted Net EPS (GAAP) | NA | 0.65 | 0.83 | 0.70 | 0.61 |