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Independent Bank Corporation IBCP
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 37.74
-0.475 %
$ 789 M
Market Cap
12.84
P/E
BALANCE SHEET
5.28 B ASSETS
5.54%
Growth Rates
1Year 5.54%
3Years 7.87%
5Years 9.49%
7Years 10.95%
10Years 9.09%
4.87 B LIABILITIES
4.73%
Growth Rates
1Year 4.73%
3Years 255.09%
5Years 10.08%
7Years 11.32%
10Years 9.43%
404 M EQUITY
16.36%
Growth Rates
1Year 16.36%
3Years 1.26%
5Years 3.59%
7Years 7.18%
10Years 5.73%
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition Independent Bank Corporation
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Current Assets 189 M
Cash & Short-Term Investments 169 M
Receivables 0
Other Current Assets 19.9 M
Non-Current Assets 5.09 B
Long-Term Investments 169 M
PP&E 40.4 M
Other Non-Current Assets 4.88 B
Current Liabilities 2.7 B
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 2.7 B
Non-Current Liabilities 2.18 B
Long-Term Debt 129 M
Other Non-Current Liabilities 2.05 B

Balance Sheet

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012 Dec-2011 Dec-2010 Dec-2009 Dec-2008 Dec-2007 Dec-2006 Dec-2005 Dec-2004 Dec-2003 Dec-2002 Dec-2001 Dec-2000 Dec-1999 Dec-1998 Dec-1997 Dec-1996 Dec-1995 Dec-1994 Dec-1993 Dec-1992 Dec-1991 Dec-1990 Dec-1989
ASSETS
Cash & Cash Equivalents 169.5 74.4 109.5 118.7 65.7 70.8 57.5 88.8 97.6 87.6 137.1 179.8 341.1 385.4 288.7 57.7 79.3 73.1 67.6 72.8 61.7 60.7 50.5 58.1 58.6 42.8 30.4 50.6 17.2 23.9 34.2 23.7 26.6 20.8 15.8
Short Term Investments 0 779.3 1 412.8 1 072.2 518.4 427.9 522.9 610.6 585.5 533.2 462.5 208.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Receivables 0 128.9 66.1 62.5 42.8 34.9 29.6 35.6 7.2 7.2 7.7 18.4 29.3 67.8 5.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9.7 0
Inventory 0 (91.3) (122.6) (131.8) (77.6) 0 0 26.4 23.7 23.6 22.6 22.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 2 296.4 1 599.6 (684.6) (634.0) (595.7) 1 051.7 265.5 1 691.9 1 968.6 2 436.3 2 567.0 2 677.0 2 797.4 2 675.0 2 346.9 1 774.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 189.4 982.6 1 588.4 1 253.3 626.8 2 830.1 2 209.5 1 882.1 1 765.6 1 654.7 1 681.5 1 753.3 2 068.5 2 375.4 2 703.0 2 624.7 2 756.3 2 870.6 2 742.6 2 419.7 1 836.4 60.7 50.5 58.1 58.6 42.8 30.4 50.6 17.2 23.9 34.2 23.7 26.6 30.5 15.8
PP&E 40.4 35.9 36.4 36.1 38.4 38.8 39.1 40.2 43.1 45.9 48.6 47.0 62.5 68.4 72.6 73.3 73.6 68.0 63.2 56.6 44.0 40.7 35.9 34.8 37.6 27.3 21.1 18.5 9.9 9.5 8.8 6.0 6.0 6.3 5.8
Intangible Assets 44.2 45.0 29.6 21.2 24.5 27.8 17.3 15.6 14.7 14.7 16.9 15.0 18.8 23.6 25.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Goodwill 28.3 28.3 28.3 28.3 28.3 28.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long Term Investments 169.1 1 154.2 1 412.8 1 072.2 518.4 428.3 523.4 611.0 585.6 533.4 463.0 208.5 157.5 67.9 164.2 217.3 364.2 434.8 483.4 550.9 454.0 371.2 290.3 237.5 266.4 117.8 133.3 163.7 115.5 133.7 128.1 92.4 79.8 81.2 79.6
Other Long Term Assets 4 805.1 (42.7) (15.6) (12.1) (11.0) (12.0) (19.8) (38.1) 2 271.2 2 132.1 2 052.3 (62.0) 0 0 0 40.9 82.0 56.6 66.7 66.9 24.2 (412.0) (326.2) (272.3) (304.0) (145.1) (154.4) (182.2) (125.4) (143.2) (136.9) (98.4) (85.8) (87.5) (85.4)
Other Assets 0 2 753.8 1 609.2 1 792.9 2 328.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 584.8 1 511.7 1 453.3 1 362.6 897.4 799.0 655.8 447.5 349.1 273.2 245.4 259.3 244.5 227.1
Total Assets 5 276.6 4 999.8 4 704.7 4 204.0 3 564.7 3 353.3 2 789.4 2 548.9 2 409.1 2 248.7 2 209.9 2 023.9 2 307.4 2 535.2 2 965.4 2 956.2 3 276.1 3 429.9 3 355.8 3 094.0 2 358.6 2 057.6 1 888.5 1 783.8 1 725.2 1 085.3 983.8 888.6 590.1 516.2 444.3 367.5 371.7 362.5 328.3
LIABILITIES
Accounts Payable 0 0 0 0 0 0 0 0 0 0 0 0 6.6 11.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short Term Debt 0 61.0 0 0 28.6 10.0 36.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5.0 5.2 0 5.7 0
Other Current Liabilities 2 695.6 (61.0) 0 0 (28.6) (10.0) (36.8) 0 0 0 0 0 (6.6) (11.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (5.0) (5.2) 0 (5.7) 0
Total Current Liabilities 2 695.6 61.0 1 592.8 1 155.7 28.6 10.0 19.9 720.7 23.4 23.0 4.2 31.1 6.6 0 0 0 0 0 0 0 0 0 1 739.3 1 638.2 1 594.2 1 526.6 907.0 819.5 543.1 0 5.0 5.2 0 5.7 0
Long Term Debt 129.3 165.1 109.0 108.8 74.5 55.1 53.4 45.0 47.5 48.0 57.9 67.8 0 0 180.9 634.9 395.4 227.9 291.2 469.6 384.0 327.7 305.3 196.0 224.6 148.3 184.4 152.6 110.9 47.7 0 0 7.5 0 0
Deferred Tax Income 0 13.2 11.3 11.8 9.0 6.2 4.7 5.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Liabilities 2 047.3 (165.1) (109.0) (108.8) (74.5) (55.1) 10.1 (45.0) (47.5) (48.0) (57.9) (67.8) 0 0 (180.9) (634.9) (395.4) (227.9) (291.2) (469.6) (384.0) (327.7) (305.3) (196.0) (207.3) (148.3) (167.1) (135.3) (110.9) (47.7) 0 0 (7.5) 0 0
Total Liabilities 4 872.1 4 652.2 109.0 108.8 3 214.5 3 014.3 2 524.4 2 300.0 2 158.0 1 998.4 1 978.4 1 888.9 2 204.8 2 416.2 2 855.5 2 761.4 3 035.6 3 171.7 3 107.6 2 863.7 2 196.3 1 919.5 1 756.6 1 655.5 1 611.5 1 015.6 924.3 836.8 543.1 475.9 408.1 335.7 343.7 337.8 305.5
EQUITY
Common Stock 317.5 321.0 323.4 339.4 352.3 377.4 325.0 323.7 339.5 352.5 351.2 251.2 0 0 23.9 22.8 22.6 22.9 22.0 21.2 19.6 17.8 11.9 11.6 11.2 0 0 0 0 0 0 0 0 0 0
Retained Earnings 159.1 119.4 74.6 40.1 1.6 (28.3) (54.1) (65.7) (82.3) (96.5) (110.3) (192.4) (214.3) (189.9) (169.1) (73.8) 22.8 31.4 41.5 41.8 17.0 41.8 39.4 37.5 33.9 22.7 23.2 24.7 23.7 22.9 17.2 13.3 9.7 7.2 5.4
Other Accumulative Comprehensive Income/Loss (72.1) (92.8) 0.5 10.0 (3.8) (10.1) (6.0) (9.1) (6.0) (5.6) (9.2) (8.1) (11.9) (13.1) (15.7) (23.2) (0.2) 3.6 4.9 8.5 6.3 3.4 (1.8) 1.9 (3.1) 0 1.7 1.0 0.7 (2.1) 0 0 0 0 0
Total Equity 404.4 347.6 398.5 389.5 350.2 339.0 264.9 249.0 251.1 250.4 231.6 135.0 102.6 119.1 109.9 194.9 240.5 258.2 248.3 230.3 162.2 138.0 131.9 128.3 113.7 69.7 59.5 51.8 47.0 40.3 36.2 31.8 28.0 24.7 22.8
Total Liabilities and Equity 5 276.6 4 999.8 4 704.7 4 204.0 3 564.7 3 353.3 2 789.4 2 548.9 2 409.1 2 248.7 2 209.9 2 023.9 2 307.4 2 535.2 2 965.4 2 956.2 3 276.1 3 429.9 3 355.8 3 094.0 2 358.6 2 057.6 1 888.5 1 783.8 1 725.2 1 085.3 983.8 888.6 590.1 516.2 444.3 367.5 371.7 362.5 328.3
SHARES OUTSTANDING
Common Shares Outstanding 21.0 21.1 21.6 22.0 22.9 23.4 21.3 21.5 22.7 22.9 14.0 8.7 8.3 5.1 2.4 2.3 2.3 2.3 2.4 2.5 2.4 2.3 2.4 2.5 2.5 1.6 1.6 1.6 1.6 1.6 1.4 1.4 1.4 1.2 1.1 1.1 0.8 0.8