35.11
35.11 (0%)
As of Feb 14, 2025
Independent Bank Corp [IBCP]
Source:
Company Overview
Independent Bank Corp offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services.
| Country | United States |
| Headquarters | grand rapids, michigan |
| Phone Number | 8003550641 |
| Industry | finance |
| CEO | William B. Kessel |
| Website | www.independentbank.com |
Financial Year:
Financial Overview (Dollars in Millions)
| Revenue | $266.8 |
| Operating Profit | $166.2 |
| Net Income | $66.8 |
| Net Cash | $-49.9 |
Profit Ratios
| Gross Margin | $266.8 |
| Operating Margin | 62.3 |
| Profit as % of Revenues | 399.4% |
| Profit as % of Assets | 1.3% |
| Profit as % of Stockholder Equity | 14.7% |
Management Effectiveness
| Return on Equity | 14.7% |
| Return on Assets | 1.3% |
| Turnover Ratio | 5% |
| EBITA | $166.2 |
Balance Sheet and Cash Flow Measures
| Total Assets | $5,338.1 |
| Total Liabilities | $4,883.4 |
| Operating Cash Flow | $63.2 |
| Investing Cash Flow | $-118.2 |
| Financing Cash Flow | $5.1 |
