Independent Bank Corporation
IBCP
$28.08
-$0.53-1.85%
| 12/31/2024 | 09/30/2024 | 06/30/2024 | 03/31/2024 | 12/31/2023 | |
|---|---|---|---|---|---|
| Revenue | 56.36M | 46.34M | 52.44M | 52.69M | 50.68M |
| Total Other Revenue | 161.78M | 161.87M | 159.59M | 153.29M | 150.12M |
| Total Revenue | 218.14M | 208.21M | 212.03M | 205.98M | 200.80M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 218.14M | 208.21M | 212.03M | 205.98M | 200.80M |
| SG&A Expenses | 117.82M | 112.72M | 112.10M | 110.73M | 109.27M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 14.41M | 14.33M | 14.39M | 14.62M | 14.84M |
| Total Operating Expenses | 132.23M | 127.05M | 126.49M | 125.35M | 124.11M |
| Operating Income | 85.92M | 81.16M | 85.54M | 80.63M | 76.68M |
| Income Before Tax | 83.05M | 78.23M | 82.59M | 77.62M | 73.68M |
| Income Tax Expenses | 16.26M | 16.15M | 16.78M | 15.56M | 14.61M |
| Earnings from Continuing Operations | 66.79 | 62.07 | 65.81 | 62.07 | 59.07 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 66.79M | 62.07M | 65.81M | 62.07M | 59.07M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 3.20 | 2.97 | 3.15 | 2.97 | 2.82 |
| Normalized Basic EPS | 2.48 | 2.34 | 2.47 | 2.32 | 2.20 |
| EPS Diluted | 3.16 | 2.94 | 3.12 | 2.94 | 2.79 |
| Normalized Diluted EPS | 2.46 | 2.32 | 2.45 | 2.30 | 2.18 |
| Average Basic Shares Outstanding | 83.57M | 83.52M | 83.54M | 83.68M | 83.91M |
| Average Diluted Shares Outstanding | 84.42M | 84.35M | 84.35M | 84.47M | 84.68M |
| Dividend Per Share | 0.96 | 0.95 | 0.94 | 0.93 | 0.92 |
| Payout Ratio | 30.01% | 31.94% | 29.82% | 31.36% | 32.72% |
