Independent Bank Corporation
IBCP · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Revenue | $79 | $76 | $75 | $85 |
| % Growth | 4% | 2.1% | -11.6% | – |
| Cost of Goods Sold | $26 | $23 | $23 | $27 |
| Gross Profit | $53 | $53 | $51 | $58 |
| % Margin | 67.4% | 69.4% | 68.7% | 68.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $22 | $22 | $21 | $25 |
| SG&A Expenses | $23 | $23 | $22 | $26 |
| Sales & Mktg Exp. | $1 | $1 | $1 | $1 |
| Other Operating Expenses | $10 | $9 | $10 | $9 |
| Operating Expenses | $32 | $32 | $32 | $35 |
| Operating Income | $21 | $21 | $19 | $23 |
| % Margin | 26.7% | 27.1% | 25.6% | 26.9% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $21 | $21 | $19 | $23 |
| Tax Expense | $4 | $4 | $4 | $4 |
| Net Income | $18 | $17 | $16 | $18 |
| % Margin | 22% | 22.1% | 20.9% | 21.8% |
| EPS | 0.85 | 0.81 | 0.74 | 0.88 |
| % Growth | 4.9% | 9.5% | -15.9% | – |
| EPS Diluted | 0.84 | 0.81 | 0.74 | 0.87 |
| Weighted Avg Shares Out | 21 | 21 | 21 | 21 |
| Weighted Avg Shares Out Dil | 21 | 21 | 21 | 21 |
| Supplemental Information | – | – | – | – |
| Interest Income | $69 | $67 | $66 | $67 |
| Interest Expense | $24 | $22 | $22 | $24 |
| Depreciation & Amortization | $3 | $2 | $2 | $2 |
| EBITDA | $24 | $23 | $21 | $25 |
| % Margin | 30.2% | 30.2% | 28.7% | 29.9% |