Stock Earnings

Question 1

What are Independent Bank Corp (Michigan)'s key financial statements?

Accepted Answer

According to the latest financial statement (Form-10K), Independent Bank Corp (Michigan) has a total asset of $5,338, Net profit of $66

Question 2

What are the key financial ratios for IBCP?

Accepted Answer

Independent Bank Corp (Michigan)'s Current ratio is 1.09, has a Net margin is 0, sales per share of $0.

Question 3

How is Independent Bank Corp (Michigan)'s revenue broken down by segment or geography?

Accepted Answer

Independent Bank Corp (Michigan) largest revenue segment is Commercial Banking, at a revenue of 207,005,000 in the most earnings release.For geography, United States is the primary market for Independent Bank Corp (Michigan), at a revenue of 207,005,000.

Question 4

Is Independent Bank Corp (Michigan) profitable?

Accepted Answer

yes, according to the latest financial statements, Independent Bank Corp (Michigan) has a net profit of $66

Question 5

Does Independent Bank Corp (Michigan) have any liabilities?

Accepted Answer

yes, Independent Bank Corp (Michigan) has liability of 4,883

Question 6

How many outstanding shares for Independent Bank Corp (Michigan)?

Accepted Answer

Independent Bank Corp (Michigan) has a total outstanding shares of 20.89

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	--	--	--	--	--	--
Revenue Growth (YoY)	--	--	--	--	--	--
Cost of Revenue	--	--	--	--	--	--
Gross Profit	--	--	--	--	--	--
Selling, General & Admin	--	--	--	--	--	--
Research & Development	--	--	--	--	--	--
Operating Expenses	--	--	--	--	--	--
Other Non Operating Income (Expenses)	--	--	--	--	--	--
Pretax Income	83	83	73	77	77	69
Income Tax Expense	15	16	14	14	14	13
Net Income	68	66	59	63	62	56
Net Income Growth	10%	12%	-6%	2%	11%	22%
Shares Outstanding (Diluted)	20.9	21.1	21.17	21.3	21.8	22.2
Shares Change (YoY)	-1%	0%	-1%	-2%	-2%	-4%
EPS (Diluted)	3.25	3.16	2.79	2.97	2.88	2.53
EPS Growth	10%	13%	-6%	3%	14%	27%
Free Cash Flow	76	55	69	88	104	54
Free Cash Flow Per Share	3.63	2.6	3.25	4.13	4.77	2.43
Gross Margin	--	--	--	--	--	--
Operating Margin	--	--	--	--	--	--
Profit Margin	--	--	--	--	--	--
Free Cash Flow Margin	--	--	--	--	--	--
EBITDA	--	--	--	--	--	--
EBITDA Margin	--	--	--	--	--	--
D&A For EBITDA	10	10	10	10	12	9
EBIT	--	--	--	--	--	--
EBIT Margin	--	--	--	--	--	--
Effective Tax Rate	18.07%	19.27%	19.17%	18.18%	18.18%	18.84%

Independent Bank Corp (Michigan) (IBCP) Price

IBCP Stock Price Chart

IBCP Income

Follow-Up Questions