Independent Bank Corporation

NASDAQ:IBCP

32.41 (USD) • At close June 30, 2025
Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

202420232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989198819871986
Revenue 316.33283.828224.232207.117214.195190.764170.876138.062124.157114.428111.701120.919140.852138.238170.512248.857233.623270.399258.945235.861192.486181.97160.726161.437151.802142.823145132.265.149.840.935.33638.236.434.3000
Cost of Revenue 104.65190.00225.4447.59428.94327.41718.99410.3225.5733.1423.6977.23620.45450.09683.642153.851144.908145.823110.04270.90547.00648.14551.5766.19771.15261.468.3682618.513.111.91519.820.419.8000
Gross Profit 211.679193.826198.788199.523185.252163.347151.882127.74118.584111.286108.004113.683120.39888.14286.8795.00688.715124.576148.903164.956145.48133.825109.15695.2480.6581.42376.764.239.131.327.823.42118.41614.5000
Gross Profit Ratio 0.6690.6830.8870.9630.8650.8560.8890.9250.9550.9730.9670.940.8550.6380.5090.3820.380.4610.5750.6990.7560.7350.6790.590.5310.570.5290.4860.6010.6290.680.6630.5830.4820.440.423000
Reseach & Development Expenses 000000000000000000000000000000000000000
General & Administrative Expenses 88.77482.92184.01781.36579.57180.03874.26966.32461.72260.45359.24661.29768.97566.11770.95780.89162.32755.81150.80152.14747.16643.55837.34331.54528.31434.332.326.515.712.210.68.57.46.35.65.2000
Selling & Marketing Expenses 3.0582.1652.0741.9182.232.452.1551.9051.8562.1212.1932.4332.4942.5032.7125.6965.5345.514000000000000000000000
SG&A 91.83285.08686.09183.28381.80182.48876.42468.22963.57862.57461.43963.7371.46968.6273.66986.58767.86161.32550.80152.14747.16643.55837.34331.54528.31434.332.326.515.712.210.68.57.46.35.65.2000
Other Expenses 36.80135.06434.90938.92733.9723.09926.32521.07322.10519.33221.34927.29522.73139.93431.5101.856109.45554.39952.61549.63843.28938.94830.9529.97425.06135.12327.434.312.29.68.97.46.96.76.45.91.81.51.4
Operating Expenses 128.633120.15121122.21115.771105.587102.74989.30285.68381.90682.78891.02594.2108.554105.169188.443177.316115.724103.416101.78590.45582.50668.29361.51953.37569.42359.760.827.921.819.515.914.3131211.11.81.51.4
Operating Income 83.04673.67677.78877.31369.48157.7649.13338.43832.90129.3825.21622.65826.198-20.412-18.299-93.437-88.6018.85245.48763.17155.02551.31940.86333.72127.27512173.411.29.58.37.56.75.443.41.81.51.4
Operating Income Ratio 0.2630.260.3470.3730.3240.3030.2880.2780.2650.2570.2260.1870.186-0.148-0.107-0.375-0.3790.0330.1760.2680.2860.2820.2540.2090.180.0840.1170.0260.1720.1910.2030.2120.1860.1410.110.099000
Total Other Income Expenses Net 000000000000000000000000000000000000000
Income Before Tax 83.04673.67677.78877.31369.48157.7649.13338.43832.90129.3825.21622.65826.198-20.412-18.299-93.437-88.6018.85245.48763.17155.02551.31940.86333.72127.27512173.411.29.58.37.56.75.443.4000
Income Before Tax Ratio 0.2630.260.3470.3730.3240.3030.2880.2780.2650.2570.2260.1870.186-0.148-0.107-0.375-0.3790.0330.1760.2680.2860.2820.2540.2090.180.0840.1170.0260.1720.1910.2030.2120.1860.1410.110.099000
Income Tax Expense 16.25614.60914.43714.41813.32911.3259.29417.96310.1359.3637.195-54.8510-0.212-1.59-3.213.063-1.10311.66217.46614.71313.72711.3969.2887.2663.35.11.93.32.72.32.11.91.51.10.7-1.8-1.5-1.4
Net Income 66.7959.06763.35162.89556.15246.43539.83920.47522.76620.01718.02177.50926.198-20.2-16.709-90.227-91.66410.35733.20345.70540.31237.59229.46724.39820.0098.711.91.57.96.865.44.83.82.92.71.81.51.4
Net Income Ratio 0.2110.2080.2830.3040.2620.2430.2330.1480.1830.1750.1610.6410.186-0.146-0.098-0.363-0.3920.0380.1280.1940.2090.2070.1830.1510.1320.0610.0820.0110.1210.1370.1470.1530.1330.0990.080.079000
EPS 3.22.8232.912.562.031.70.961.060.880.795.872.51-2.94-4.09-39.6-404.614.519.1416.2415.788.856.758.083.474.790.174.964.340.630.580.550.490.40.351.61.881.77
EPS Diluted 3.162.792.972.882.5321.680.951.050.860.773.550.8-2.94-4.09-39.6-404.514.318.7615.9615.428.696.658.033.424.750.174.964.340.630.580.550.430.330.291.61.881.77
EBITDA 93.05183.69588.61589.44378.64263.81955.16645.39538.11733.93328.2320.46121.48-31.713-46.019-136.774-111.379-3.70335.64850.67352.02459.08947.37440.2833.81518.121.98.71411.78.89.17.75.84.44.11.81.51.4
EBITDA Ratio 0.2940.2950.3950.4320.3670.3350.3230.3290.3070.2970.2530.1690.153-0.229-0.27-0.55-0.477-0.0140.1380.2150.270.3250.2950.250.2230.1270.1510.0660.2150.2350.2150.2580.2140.1520.1210.12000