Independent Bank Income Statement - Quarterly (NASDAQ:IBCP)

Add to My Stocks
$19.7 $0.1 (0.51%) IBCP stock closing price Dec 07, 2016 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Independent Bank stock price alone is not sufficient. The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. The income statement for IBCP which implies a QoQ revenue growth of $2.6M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. Along with Independent Bank assets and Independent Bank free cash flow, profits as shown in profit and loss statement give key insights about the business. The profits have decreased from $6.44M QoQ and 2016-Q3 revenue is $33.45M. View details of revenue and profits for Independent Bank for latest & last 40 quarters.

show more
Annual
Quarterly
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Independent Bank Net Sales or Revenues
33.45M30.85M29.16M30.93M30.41M31.12M28.51M29.05M30.61M30.43M
Cost Of Goods Sold (COGS)1.25M1.15M1.11M1.06M0.98M0.96M1M1.18M1.23M1.26M
Independent Bank Gross Profit
32.19M29.69M28.04M29.89M29.42M30.15M27.5M27.88M29.37M29.17M
Research & Development Expense----------
Selling General & Admin Expense22.35M20.16M21.51M21.17M21.63M21.44M21.49M21.83M21.45M20.71M
Income Before Depreciation Depletion Amortization9.84M9.53M6.53M8.73M7.78M8.7M6.01M6.06M7.92M8.45M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense0.49M0.48M0.47M0.47M0.46M0.46M0.45M0.63M0.64M0.55M
Independent Bank Pretax Income
9.35M9.04M6.05M8.26M7.32M8.24M5.56M5.45M7.27M7.89M
Provision for Income Taxes2.97M2.61M1.95M2.69M2.27M2.62M1.78M1.55M2.34M1.84M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations6.37M6.44M4.1M5.57M5.05M5.62M3.78M3.9M4.93M6.05M
Extraordinary Items & Discontinued Operations----------
Independent Bank Net Income (Profit/Loss)
6.37M6.44M4.1M5.57M5.05M5.62M3.78M3.9M4.93M6.05M
Average Shares used to compute Diluted EPS21.55M21.64M22.06M22.63M23.13M23.44M23.54M23.49M23.48M23.47M
Average Shares used to compute Basic EPS21.23M21.28M21.75M22.31M22.67M22.9M23M22.95M22.94M22.93M
Income Before Nonrecurring Items6.37M6.44M4.1M5.57M5.05M5.62M3.78M3.9M4.93M6.05M
Income from Nonrecurring Items----------
Independent Bank Earnings Per Share Basic Net
0.300.300.190.250.220.250.160.170.210.26
Independent Bank Earnings Per Share Diluted Net
0.300.300.190.250.220.240.160.170.210.26
EPS Diluted Before Nonrecurring Items0.300.300.190.250.220.240.160.170.210.26
Preferred Dividends Acc Pd----------
Dividends Common1.701.71--------
Dividend Per Share Common0.080.080.080.080.060.060.060.060.060.06
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters
Get Income statement for another ticker

It is very helpful to read a report on Independent Bank stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the Independent Bank revenue chart, as is the case with Independent Bank indicates a growing business. One needs to compare the QoQ or YoY topline growth of IBCP stock with its peers like PEBO stock and QCRH stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: Most businesses like Independent Bank try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Independent Bank historical stock prices to check how the price has moved with time. .

Independent Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
18.9420
PS ratio (
price sales ratio
)
3.3623
Operating margin
29.4
Net profit margin
19
Dividend yield
1.62%