Independent Bank Corporation (IBCP)
NASDAQ: IBCP · IEX Real-Time Price · USD
26.40
-0.08 (-0.30%)
May 20, 2024, 3:06 PM EDT - Market open

Independent Bank Revenue

Independent Bank had revenue of $205.98M in the twelve months ending March 31, 2024, with 3.28% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $52.01M with 11.07% year-over-year growth. In the year 2023, Independent Bank had annual revenue of $200.80M, a decrease of -2.59%.

Revenue (ttm)
$205.98M
Revenue Growth
+3.28%
P/S Ratio
2.69
Revenue / Employee
$277,972
Employees
741
Market Cap
551.51M USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 2023200.80M-5.33M-2.59%
Dec 31, 2022206.13M-2.21M-1.06%
Dec 31, 2021208.34M16.44M8.57%
Dec 31, 2020191.89M22.40M13.22%
Dec 31, 2019169.49M12.90M8.24%
Dec 31, 2018156.59M26.07M19.98%
Dec 31, 2017130.52M7.27M5.90%
Dec 31, 2016123.25M5.42M4.60%
Dec 31, 2015117.83M2.66M2.31%
Dec 31, 2014115.17M-11.61M-9.16%
Dec 31, 2013126.78M-16.16M-11.30%
Dec 31, 2012142.93M29.40M25.89%
Dec 31, 2011113.54M-23.17M-16.95%
Dec 31, 2010136.70M41.70M43.89%
Dec 31, 200995.01M5.42M6.05%
Dec 31, 200889.59M-34.99M-28.09%
Dec 31, 2007124.58M-27.13M-17.88%
Dec 31, 2006151.70M-13.25M-8.03%
Dec 31, 2005164.96M19.48M13.39%
Dec 31, 2004145.48M11.66M8.71%
Dec 31, 2003133.83M24.67M22.60%
Dec 31, 2002109.16M13.92M14.61%
Dec 31, 200195.24M14.59M18.09%
Dec 31, 200080.65M-792.00K-0.97%
Dec 31, 199981.44M4.71M6.14%
Dec 31, 199876.73M12.53M19.51%
Dec 31, 199764.21M25.22M64.67%
Dec 31, 199638.99M7.78M24.92%
Dec 31, 199531.21M3.35M12.02%
Dec 31, 199427.86M--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition