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Independent Bank (IBCP)
NASDAQ:IBCP

Independent Bank (IBCP) Income Statement

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Independent Bank Income Statement

Last quarter (Q3 2023), Independent Bank's total revenue was $183.42M, an increase of 233.14% from the same quarter last year. In Q3, Independent Bank's net income was $68.25M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 747.37M$ 721.42M$ 489.20M$ 197.98M$ 164.51M$ 153.38M
Credit Losses Provision
$ 19.25M$ 6.50M$ 18.20M$ -12.46M$ -824.00K$ -1.50M
Non Interest Expense
$ 187.82M$ -373.66M$ -332.53M$ 116.03M$ 105.92M$ 99.28M
Incomefrom Associatesand Other Participating Interests
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Special Income Charges
$ -19.76M$ -35.05M$ -61.03M$ 0.00$ 0.00$ -3.46M
Pretax Income
$ 350.23M$ 347.75M$ 156.68M$ 69.48M$ 57.76M$ 49.13M
Tax Provision
$ 41.71M$ 90.89M$ 39.66M$ 13.33M$ 11.32M$ 9.29M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 739.07M$ 263.81M$ 120.99M$ 56.15M$ 46.44M$ 39.84M
Basic EPS
$ 9.85$ 5.69$ 3.47$ 2.56$ 2.03$ 1.70
Diluted EPS
$ 9.85$ 5.69$ 3.47$ 2.53$ 2.00$ 1.68
Basic Average Shares
$ 179.64M$ 46.37M$ 34.87M$ 21.98M$ 22.89M$ 23.41M
Diluted Average Shares
$ 56.49K$ 17.94K$ 16.48K$ 22.22M$ 23.18M$ 23.77M
Dividend Per Share
$ 3.73$ 2.08$ 1.92$ 0.80$ 0.72$ 0.60
Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
-----$ 1.68
Rent Expense Supplemental
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Interest Income After Provision For Loan Loss
$ 603.28M$ 600.25M$ 365.15M$ 111.15M$ 121.76M$ 111.78M
Net Income From Continuing And Discontinued Operation
$ 265.74M$ 263.81M$ 120.99M$ 56.15M$ 46.44M$ 39.84M
Normalized Income
$ -77.26M--$ 56.15M$ 46.36M$ 42.10M
Total Money Market Investments
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Ebit
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Ebitda
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Currency in USD

Independent Bank Earnings and Revenue History

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