
Independent Bank
(NASDAQ) IBCP
Independent Bank Financials at a Glance
Market Cap
$691.98M
Revenue (TTM)
$309.83M
Net Income (TTM)
$68.54M
EPS (TTM)
$3.27
P/E Ratio
10.28
Dividend
$1.06
Beta (Volatility)
0.81 (Low)
Dividend
$1.06
Beta (Volatility)
0.81 (Low)
Price
$33.61
Volume
4,257
Open
$33.29
Price
$33.61
Volume
4,257
Open
$33.29
Previous Close
$33.61
Daily Range
$32.94 - $33.61
52-Week Range
$26.75 - $37.39
Dividend
$1.06
Beta (Volatility)
0.81 (Low)
Price
$33.61
Volume
4,257
Open
$33.29
Previous Close
$33.61
Daily Range
$32.94 - $33.61
52-Week Range
$26.75 - $37.39
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Get Access NowAbout Independent Bank
Industry
Banks
Sector
FinancialsEmployees
826
CEO
William Bradford Kessel, MBA, CPA
Website
www.independentbank.comHeadquarters
Grand Rapids, MI 49525, US
IBCP Financials
Key Financial Metrics (TTM)
Gross Margin
69%
Operating Margin
26%
Net Income Margin
22%
Return on Equity
14%
Return on Capital
1%
Return on Assets
1%
Earnings Yield
9.73%
Dividend Yield
0.03%
Payout Ratio
31.51%
Stock Overview
Market Cap
$691.98M
Shares Outstanding
20.59M
Volume
4.26K
Short Interest
0.00%
Avg. Volume
173.61K
Financials (TTM)
Gross Profit
$219.52M
Operating Income
$81.29M
EBITDA
$81.29M
Operating Cash Flow
$76.66M
Capital Expenditure
$6.49M
Free Cash Flow
$70.17M
Cash & ST Invst.
$548.14M
Total Debt
$116.87M
Independent Bank Performance Analysis
Revenue Growth Rate
Annual and quarterly growth comparisonEarnings Per Share Growth Rate
Annual and quarterly EPS growth comparisonQuarterly Performance
Revenue
$79.38M
-6.1%
Gross Profit
$56.39M
-2.5%
Gross Margin
71.03%
N/A
Market Cap
$691.98M
N/A
Market Cap/Employee
$945.32K
N/A
Employees
732
N/A
Net Income
$18.57M
+0.6%
EBITDA
$20.31M
-19.6%
Quarterly Fundamentals
Net Cash
$431.28M
+1965.8%
Accounts Receivable
$19.03M
N/A
Inventory
$0.00
N/A
Long Term Debt
$116.87M
-6.0%
Short Term Debt
$0.00
N/A
Return on Assets
1.24%
N/A
Return on Invested Capital
1.48%
N/A
Free Cash Flow
$6.36M
-48.6%
Operating Cash Flow
$7.79M
-52.4%