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Independent Bank Corp (Michigan)
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$30.80
0.16%
After Hours:(1.88%)-0.58
$30.22
Closed: Apr 2, 4:31:00 PM GMT-4 · USD · NASDAQ · Disclaimer
In the news
Financials
Income Statement
Revenue
Net Income
Revenue
Net income
(USD) | Dec 2024info | Y/Y change |
---|---|---|
Revenue | 59.76M | 19.93% |
Operating expense | 36.26M | 16.65% |
Net income | 18.46M | 34.33% |
Net profit margin | 30.89 | 12.00% |
Earnings per share | 0.62 | -21.52% |
EBITDA | — | — |
Effective tax rate | 18.92% | — |
Balance Sheet
Total Assets
Total Liabilities
Total assets
Total liabilities
(USD) | Dec 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 156.94M | -24.61% |
Total assets | 5.34B | 1.41% |
Total liabilities | 4.88B | 0.50% |
Total equity | 454.69M | — |
Shares outstanding | 20.97M | — |
Price to book | 1.42 | — |
Return on assets | 1.39% | — |
Return on capital | — | — |
Cash Flow
Net Change in Cash
Net change in cash
(USD) | Dec 2024info | Y/Y change |
---|---|---|
Net income | 18.46M | 34.33% |
Cash from operations | 16.37M | -2.57% |
Cash from investing | -85.23M | -1,163.21% |
Cash from financing | 67.18M | 108.21% |
Net change in cash | -1.68M | -103.97% |
Free cash flow | — | — |
Previous close
$30.85
Day range
$30.37 - $30.91
Year range
$22.53 - $39.52
Market cap
645.96M USD
Avg Volume
112.06K
P/E ratio
9.73
Dividend yield
3.38%
Primary exchange
NASDAQ
About
Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan. Wikipedia
Founded
1864
Headquarters
Website
Employees
783