Name: IBCP Income Statement - Independent Bank Corp. /mi/ Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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IBCP - Independent Bank Corp. /mi/

USD | NASDAQ | Financial Services

IBCP Income Statement - Independent Bank Corp. /mi/ Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	7.6	7.9	8.9	7.9	7.3	7.7	8.8	7.9	7.6	8.2	9.1	8.1	7.6	7.9	8.5	7.8

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	32.3	32.1	32.0	32.9	31.6	29.1	24.0	26.0	27.1	-	-	-	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-Operating
Interest Income	269.8	269.7	266.8	239.7	169.0	138.1	139.8	148.9	130.8	98.3	86.5	80.8	80.6	87.1	99.4
Tax & Net
Income Tax Expense	12.6	12.8	16.3	14.6	14.4	14.4	13.3	11.3	9.3	18.0	10.1	9.4	7.2	(54.9)	0.0
Per Share
EPS Basic	3.39	3.30	3.20	2.82	3.00	2.91	2.56	2.03	1.70	0.96	1.06	0.88	0.79	5.87	2.51	(2.94)
Supplementary Data
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	1.3	1.3	1.1	1.4	1.2	1.3	1.3	1.3	1.3	-	-	-	-	-	-	-
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Non-Operating
Interest Income	66.2	67.4	69.3	66.9	66.1	67.0	68.3	66.3	65.1	65.4	62.4	57.9	53.9	51.0	44.9	38.4	34.7	36.2	35.9	33.5	32.5	35.5	35.0	33.8	35.6	36.9	37.8	37.6	36.6	36.4	34.5	33.1	26.8	26.0	25.4	23.5	23.4	22.2	21.7	21.3
Interest Expense	-	-	-	-	-	-	-	-	24.9	25.3	23.0	19.6	15.5	10.4	5.0	2.3	1.7	1.9
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-Tax Income	20.2	20.3	21.2	20.7	19.1	22.8	17.3	23.2	19.8	17.9	21.7	18.2	15.9	18.6	21.2	15.9	22.1

Tax & Net
Income Tax Expense	3.4	1.7	3.7	3.8	3.5	4.3	3.5	4.6	3.8	4.2	4.1	3.4	2.9	3.5	4.0	2.9	4.1	3.0	3.7	2.7	5.1	4.1	4.8	3.5	0.9	3.3	3.1	2.7	2.2	2.3	2.9	2.1	2.0	9.5	3.2	2.7	2.6	2.6	3.0	2.6
Net Income From Continuing Ops	16.9	18.6	17.5	16.9	15.6	18.5	13.8	18.5	16.0	13.7	17.5	14.8	13.0	15.1	17.3	13.0	18.0
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	16.9	18.6	17.5	16.9	15.6	18.5	13.8	18.5	16.0	13.7	17.5	14.8	13.0	15.1	17.3	13.0	18.0
Net Income Attributable To Parent	16.9	18.6	17.5	16.9	15.6	18.5	13.8	18.5	16.0	13.7	17.5	14.8	13.0	15.1	17.3	13.0
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	16.9	18.6	17.5	16.9	15.6	18.5	13.8	18.5	16.0	13.7	17.5	14.8	13.0	15.1	17.3

Per Share
EPS Basic	0.82	-	0.85	0.81	0.74	-	0.66	0.89	0.77	-	0.84	0.70	0.62	-	0.82	0.62	0.85	-	0.74	0.57	1.01	-	0.90	0.67	0.22	-	0.55	0.47	0.40	-	0.49	0.37	0.43	-	0.32	0.28	0.28	-	0.30	0.30
EPS Diluted	0.81	-	0.84	0.81	0.74	-	0.65	0.88	0.76	-	0.83	0.70	0.61	-	0.81	0.61	0.84	-
Shares Basic	20.6	-	20.7	20.8	20.9	-	20.9	20.9	20.9	-	20.9	21.0	21.1	-	21.1	21.1	21.2	-
Shares Diluted	20.8	-	-	-	21.2	-	-	-	-	-	-	-	-	-	-	-	-	-