Watchlist Price Alert

Independent Bank Corporat... (IBCP)

NASDAQ: IBCP · Real-Time Price · USD

32.64

0.40 (1.24%)

At close: Jun 27, 2025, 3:59 PM

32.62

-0.06%

After-hours: Jun 27, 2025, 04:34 PM EDT

Independent Bank Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	315.05M	316.47M	304.83M	305.2M	297.02M	283.71M	271.54M	255.22M	234.74M	224.02M	213.39M	206.91M	202.03M	207.3M	214.04M	220.88M	227.11M	214.32M	208.48M	196.21M	189.94M	190.62M	183.74M	180.61M	178.5M	170.46M	163.37M	153.23M	142.04M	137.64M	134.76M	132.27M	129.2M	124.25M	119.91M	115.42M	115.41M
Cost of Revenue	102.99M	104.65M	102.96M	99.68M	97.83M	90M	76.7M	60.45M	42.77M	25.39M	17.47M	10.68M	6.06M	7.96M	8.07M	10.35M	18.2M	28.63M	30.72M	33.38M	32.33M	27.24M	27.61M	25.61M	22.88M	18.99M	15.75M	14.09M	11.94M	10.32M	9.25M	7.78M	6.06M	5.57M	3.44M	3.07M	3.51M
Gross Profit	212.05M	211.82M	201.87M	205.51M	199.19M	193.71M	194.84M	194.77M	191.98M	198.63M	195.91M	196.23M	195.98M	199.34M	205.97M	210.53M	208.91M	185.69M	177.76M	162.83M	157.61M	163.38M	156.13M	155M	155.63M	151.47M	147.61M	139.13M	130.1M	127.32M	125.52M	124.49M	123.14M	118.69M	116.47M	112.36M	111.9M
Operating Income	82.35M	83.05M	78.22M	82.59M	77.62M	73.68M	74.32M	73.91M	71.59M	77.79M	74.67M	73.07M	72.24M	77.31M	82.91M	87.63M	90.87M	69.48M	65.64M	56.84M	51.97M	57.76M	52.74M	52.02M	49.48M	49.13M	48.16M	43.33M	41.04M	38.44M	35.65M	34.98M	35.44M	32.9M	32.71M	30.68M	29.88M
Interest Income	267.79M	266.78M	265.16M	259.26M	250.87M	239.68M	225.29M	207.79M	188.2M	169.01M	154.25M	145.18M	140.32M	138.08M	137.32M	136.5M	136.75M	139.83M	141.28M	144.05M	147.87M	148.93M	148.44M	145.08M	140.61M	130.77M	120.38M	111.3M	101.73M	98.31M	94.44M	90.81M	88.55M	86.52M	85.23M	83.78M	82.64M
Pretax Income	82.35M	83.05M	78.22M	82.59M	77.62M	73.68M	74.32M	73.91M	71.59M	77.79M	74.67M	73.07M	72.24M	77.31M	82.91M	87.63M	90.87M	69.48M	65.64M	56.84M	51.97M	57.76M	52.74M	52.02M	49.48M	49.13M	48.16M	43.33M	41.04M	38.44M	35.65M	34.98M	35.44M	32.9M	32.71M	30.68M	29.88M
Net Income	66.39M	66.79M	62.07M	65.81M	62.07M	59.07M	60.41M	60.16M	58.38M	63.35M	60.77M	59.44M	58.83M	62.9M	67.37M	71M	73.38M	56.15M	53.05M	45.91M	41.86M	46.44M	42.49M	41.97M	40.06M	39.84M	31.61M	26.55M	23.66M	20.48M	24.62M	24.13M	24.64M	22.77M	22.48M	21.16M	20.34M
Selling & General & Admin	91.98M	92.07M	87.03M	86.75M	85.8M	84.14M	77.98M	78.51M	77.62M	78.34M	88.28M	93.11M	95.92M	97.19M	96.86M	96.45M	92.21M	90.33M	88.22M	82.58M	82.9M	82.49M	79.73M	79.2M	79.03M	76.42M	74.38M	71.36M	68.45M	68.23M	67.09M	66.62M	65.37M	63.58M	63.91M	63.13M	62.98M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	37.72M	36.7M	36.62M	36.18M	35.77M	35.9M	42.54M	42.35M	42.76M	42.5M	32.97M	30.05M	27.81M	24.84M	26.21M	26.44M	25.83M	25.87M	23.91M	23.41M	22.74M	23.14M	23.67M	23.78M	27.11M	25.91M	25.08M	24.45M	20.6M	20.65M	22.77M	22.89M	22.33M	22.21M	19.85M	18.54M	19.05M
Operating Expenses	129.7M	128.77M	123.65M	122.93M	121.57M	120.04M	120.52M	120.86M	120.39M	120.84M	121.24M	123.16M	123.74M	122.03M	123.06M	122.9M	118.04M	116.2M	112.13M	105.99M	105.65M	105.62M	103.39M	102.98M	106.14M	102.33M	99.45M	95.8M	89.06M	88.88M	89.86M	89.51M	87.7M	85.79M	83.76M	81.67M	82.02M
Interest Expense	98.06M	100.53M	101.65M	98.18M	92.78M	83.35M	68.47M	50.5M	33.2M	19.45M	11.01M	8.03M	7.84M	8.31M	10.85M	11.86M	13.05M	16.22M	17.95M	21.82M	25.34M	26.35M	25.9M	23.72M	21.02M	17.49M	14.45M	12.15M	10.07M	9.12M	8.32M	7.61M	7.2M	6.88M	6.49M	6.19M	5.99M
Selling & Marketing Expenses	3.43M	3.06M	2.74M	2.52M	2.16M	2.17M	1.77M	1.76M	1.89M	2.07M	2.18M	2.5M	2.11M	1.92M	1.91M	1.84M	2.04M	2.23M	2.15M	2.2M	2.46M	2.45M	2.51M	2.47M	2.39M	2.15M	1.93M	1.86M	1.84M	1.91M	2M	1.93M	1.89M	1.86M	2.19M	2.14M	2.11M
Cost & Expenses	232.69M	233.42M	226.6M	222.61M	219.4M	210.03M	197.22M	181.31M	163.15M	146.23M	138.72M	133.84M	129.79M	129.98M	131.13M	133.25M	136.24M	144.84M	142.85M	139.37M	137.97M	132.86M	131M	128.59M	129.02M	121.33M	115.21M	109.89M	101M	99.2M	99.11M	97.29M	93.76M	91.35M	87.2M	84.74M	85.53M
Income Tax Expense	15.96M	16.26M	16.15M	16.78M	15.55M	14.61M	13.91M	13.75M	13.22M	14.44M	13.9M	13.63M	13.42M	14.42M	15.54M	16.63M	17.49M	13.33M	12.59M	10.94M	10.1M	11.32M	10.25M	10.04M	9.42M	9.29M	16.55M	16.78M	17.38M	17.96M	11.03M	10.85M	10.8M	10.13M	10.23M	9.53M	9.54M
Shares Outstanding (Basic)	20.94M	20.89M	20.9M	20.9M	20.88M	20.84M	20.92M	21.04M	21.1M	21.07M	21.06M	21.07M	21.19M	21.26M	21.52M	21.75M	21.83M	21.87M	21.88M	21.89M	22.27M	22.48M	22.49M	23.04M	23.59M	23.99M	24.15M	24.11M	21.36M	21.33M	21.33M	21.33M	21.31M	21.25M	21.23M	21.28M	21.75M
Shares Outstanding (Diluted)	21.15M	21.12M	21.11M	21.11M	21.08M	21.05M	21.11M	21.22M	21.3M	21.27M	21.25M	21.27M	21.4M	21.47M	21.73M	21.97M	22.06M	22.11M	22.11M	22.11M	22.53M	22.78M	22.77M	23.31M	23.88M	24.34M	24.52M	24.51M	21.67M	21.66M	21.65M	21.65M	21.64M	21.59M	21.55M	21.64M	22.06M
EPS (Basic)	3.17	3.20	2.98	3.16	2.97	2.82	2.88	2.86	2.78	3.01	2.88	2.80	2.75	2.91	3.10	3.26	3.36	2.57	2.41	2.06	1.86	2.04	1.83	1.77	1.67	1.70	1.37	1.20	1.11	0.96	1.16	1.14	1.16	1.07	1.04	0.96	0.91
EPS (Diluted)	3.14	3.16	2.94	3.12	2.94	2.79	2.85	2.83	2.74	2.97	2.84	2.76	2.71	2.87	3.06	3.22	3.33	2.54	2.38	2.04	1.83	2.01	1.81	1.75	1.65	1.68	1.35	1.18	1.09	0.95	1.14	1.12	1.15	1.06	1.04	0.96	0.90
EBITDA	92.2M	93.05M	88.29M	92.67M	87.72M	83.69M	84.28M	83.95M	81.97M	88.61M	85.86M	84.65M	84.08M	89.44M	95.39M	98.94M	101.39M	78.64M	73.23M	64.12M	58.34M	63.82M	58.64M	57.76M	55.17M	55.17M	54.6M	50.36M	48.54M	45.4M	42.11M	40.81M	40.63M	38.12M	37.75M	35.51M	34.56M
EBIT	82.35M	83.05M	78.22M	82.59M	77.62M	73.68M	74.32M	73.91M	71.59M	77.79M	74.67M	73.07M	72.24M	77.31M	82.91M	87.63M	90.87M	69.48M	65.64M	56.84M	51.97M	57.76M	52.74M	52.02M	49.48M	49.13M	48.16M	43.33M	41.04M	38.44M	35.65M	34.98M	35.44M	32.9M	32.71M	30.68M	29.88M
Depreciation & Amortization	9.85M	10.01M	10.06M	10.08M	10.1M	10.02M	9.96M	10.04M	10.38M	10.83M	11.19M	11.59M	11.84M	12.13M	12.47M	11.32M	10.52M	9.16M	7.59M	7.28M	6.38M	6.06M	5.9M	5.75M	5.69M	6.03M	6.44M	7.03M	7.5M	6.96M	6.46M	5.83M	5.19M	5.22M	5.04M	4.83M	4.68M