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Independent Bank Corp (Michigan)

IB6A:BER

Independent Bank Corp (Michigan)

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  • Price (EUR)30.80
  • Today's Change0.40 / 1.32%
  • Shares traded32.00
  • 1 Year change+83.33%
  • Beta--
Data delayed at least 15 minutes, as of Sep 20 2024 07:08 BST.
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Financials data is unavailable for this security.

Inc stmt in USDIncome statement in USDView more

Year on year Independent Bank Corp (Michigan) had net income fall -6.76% from 63.35m to 59.07m despite a 25.80% increase in revenues from 230.62m to 290.12m.
Gross margin--
Net profit margin30.50%
Operating margin38.28%
Return on assets1.26%
Return on equity16.34%
Return on investment--
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Cash flow in USDView more

In 2023, Independent Bank Corp (Michigan) increased its cash reserves by 128.29%, or 95.41m. Cash Flow from Financing totalled 182.77m or 63.00% of revenues. In addition the company generated 75.59m in cash from operations while cash used for investing totalled 162.95m.
Cash flow per share3.61
Price/Cash flow per share9.71
Book value per share20.60
Tangible book value per share17.03
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Balance sheet in USDView more

Independent Bank Corp (Michigan) uses little or no debt in its capital structure.
Current ratio--
Quick ratio--
Total debt/total equity0.1843
Total debt/total capital--
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Growth rates in USD

SmartText is unavailable
Div yield(5 year avg)3.65%
Div growth rate (5 year)8.92%
Payout ratio (TTM)29.82%
EPS growth(5 years)10.73
EPS (TTM) vs
TTM 1 year ago		10.48
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