Independent Bank Revenue, Profits - IBCP Quarterly Income Statement

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$25.7 $0.1 (0.39%) IBCP stock closing price Jul 20, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Independent Bank stock price. In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the IBCP stock is bound to reflect the impact of the QOQ growth of 2.27%. One also needs to look at Independent Bank assets, operating expenses and Independent Bank free cash flow. The Independent Bank profit and loss statement shows revenue of $38.32M for 2018 Q1. Revenue has grown by 2.27% QoQ for IBCP stock.

View and download details of revenue and profits for Independent Bank for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Independent Bank Revenues or Net Sales
38.32M37.47M35.68M33.98M33.72M35.36M33.45M30.85M29.16M
Cost Of Goods Sold (COGS)2.28M2.03M1.83M1.47M1.44M1.43M1.25M1.15M1.11M
Independent Bank Gross Profit
36.22M35.45M33.84M32.5M32.27M33.96M32.19M29.69M28.04M
Research & Development Expense---------
Selling General & Admin Expense24.27M23.25M23.19M23.34M23.21M25.01M22.35M20.16M21.51M
Income Before Depreciation Depletion Amortization11.94M12.22M10.64M9.15M9.06M8.94M9.84M9.53M6.53M
Depreciation Depletion Amortization---------
Non Operating Income---------
Interest Expense---------
Independent Bank Pretax Income
11.19M11.24M10.01M8.59M8.59M8.46M9.35M9.04M6.05M
Provision for Income Taxes2.03M9.53M3.15M2.66M2.62M2.6M2.97M2.61M1.95M
MinorityInterest---------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations9.16M1.71M6.86M5.93M5.97M5.86M6.37M6.44M4.1M
Extraordinary Items & Discontinued Operations---------
Independent Bank Profit/ Loss (Net Income)
9.16M1.71M6.86M5.93M5.97M5.86M6.37M6.44M4.1M
Average Shares used to compute Diluted EPS21.67M21.66M21.65M21.65M21.64M21.59M21.55M21.64M22.06M
Average Shares used to compute Basic EPS21.37M21.33M21.33M21.33M21.31M21.25M21.23M21.28M21.75M
Income Before Nonrecurring Items8.26M7.68M6.86M5.93M5.97M5.86M6.37M6.44M4.1M
Income from Nonrecurring Items--5.97M-------
Independent Bank Earnings Per Share Basic Net
0.430.080.320.280.280.280.300.300.19
Independent Bank Earnings Per Share Diluted Net
0.420.080.320.270.280.270.300.300.19
EPS Diluted Before Nonrecurring Items0.380.350.320.270.280.270.300.300.19
Preferred Dividends Acc Pd---------
Dividends Common3.212.56-------
Dividend Per Share Common0.150.120.100.100.100.100.080.080.08
All figures in USD. M: Millions of USD, B: Billions of USD.
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Independent Bank stock analysis involves checking at least a few of the important things like:

  • Revenue: This is the inflow that is generated from the sale of goods or services and is $38.32M for this quarter of 2018 Q1. Our Independent Bank revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $9.16M for Independent Bank for 2018 Q1. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called statement of revenue and expense. The IBCP financials along with Independent Bank historical stock prices provide a lot of details about the firm.

Independent Bank Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
23.58
PS Ratio (price sales ratio)
3.78
Operating Margin
31.2
Net Profit Margin
23.9
Dividend Yield
1.83%

Other Income Statements - Independent Bank Corporation(MI) Industry Peers

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