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    Independent Bank Corporat...

    NASDAQ: IBCP · Real-Time Price · USD
    31.63
    -0.46 (-1.43%)
    At close: Aug 14, 2025, 3:59 PM

    Independent Bank Income Statement

    Financials in USD. Fiscal year is January - December.

    undefined peaked at n/a in undefined and hit its lowest at n/a in undefined. Over the past five years, it has declined by undefined%.

    Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
    Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
    Revenue
    		 316.33M 283.83M 224.23M 207.12M
    Cost of Revenue
    		 104.65M 90M 25.44M 7.59M
    Gross Profit
    		 211.68M 193.83M 198.79M 199.52M
    Operating Income
    		 83.05M 73.68M 77.79M 77.31M
    Interest Income
    		 266.78M 239.68M 169.01M 138.08M
    Pretax Income
    		 83.05M 73.68M 77.79M 77.31M
    Net Income
    		 66.79M 59.07M 63.35M 62.9M
    Selling & General & Admin
    		 91.83M 85.09M 86.09M 83.28M
    Research & Development
    		 n/a n/a n/a n/a
    Other Expenses
    		 36.8M 35.06M 34.91M 38.93M
    Operating Expenses
    		 128.63M 120.15M 121M 122.21M
    Interest Expense
    		 100.53M 83.35M 19.45M 8.31M
    Selling & Marketing Expenses
    		 3.06M 2.17M 2.07M 1.92M
    Cost & Expenses
    		 233.28M 210.15M 146.44M 129.8M
    Income Tax Expense
    		 16.26M 14.61M 14.44M 14.42M
    Shares Outstanding (Basic)
    		 20.87M 20.95M 21.12M 21.61M
    Shares Outstanding (Diluted)
    		 21.14M 21.17M 21.33M 21.84M
    EPS (Basic)
    		 3.20 2.82 3.00 2.91
    EPS (Diluted)
    		 3.16 2.79 2.97 2.88
    EBITDA
    		 93.05M 83.69M 88.61M 89.44M
    EBIT
    		 83.05M 73.68M 77.79M 77.31M
    Depreciation & Amortization
    		 10.01M 10.02M 10.83M 12.13M

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