Independent Bank Corporation (IBCP) Financials
IBCP Assets vs Liabilities
| Date | Assets | Liabilities |
|---|---|---|
| 2023-12-31 | 5.3 billion | 4.9 billion |
| 2023-09-30 | 5.2 billion | 129.2 million |
| 2023-06-30 | 5.1 billion | 169.2 million |
| 2023-03-31 | 5.1 billion | 129.2 million |
IBCP Free Cash Flow and Stock based compensation
| Date | Free Cash Flow | Stock based compensation |
|---|---|---|
| 2023-12-31 | 11.4 million | 559000 |
| 2023-09-30 | 15.6 million | 624000 |
| 2023-06-30 | 8.0 million | 477000 |
| 2023-03-31 | 22.2 million | 569000 |
IBCP Net Income
| Date | Net Income |
|---|---|
| 2023-12-31 | 13.7 million |
| 2023-09-30 | 17.5 million |
| 2023-06-30 | 14.8 million |
| 2023-03-31 | 13.0 million |
IBCP Cash and Debt
| Date | Cash | Debt | Capital Lease |
|---|---|---|---|
| 2023-12-31 | -68.2 million | - | - |
| 2023-09-30 | 812.1 million | - | - |
| 2023-06-30 | 861.0 million | 169.2 million | - |
| 2023-03-31 | 994.5 million | 129.2 million | - |
IBCP Shares Outstanding
IBCP Expenses
| Date | Capex | R&D | G&A | S&M |
|---|---|---|---|---|
| 2023-12-31 | 1.5 million | - | 19.8 million | 879000 |
| 2023-09-30 | 1.4 million | - | 20.7 million | 360000 |
| 2023-06-30 | 1.7 million | - | 22.0 million | 431000 |
| 2023-03-31 | 1.3 million | - | 20.8 million | 495000 |
IBCP Cost of Revenue
| Date | Revenue | Cost of Revenue |
|---|---|---|
| 2023-12-31 | 79.1 million | - |
| 2023-09-30 | 53.4 million | - |
| 2023-06-30 | 52.1 million | - |
| 2023-03-31 | 47.4 million | - |
IBCP
List: Contenders
Price: $25.03
Dividend Yield: 3.80%
Forward Dividend Yield: 3.81%
Payout Ratio: 34.41%
Dividend Per Share: 0.96 USD
Earnings Per Share: 2.79 USD
P/E Ratio: 8.90
Exchange: NMS
Sector: Financial Services
Industry: Banks - Regional
Volume: 69348
Market Capitalization: 528.9 million
Average Dividend Frequency: 4
Years Paying Dividends: 11
DGR3: 4.55%
DGR5: 8.06%