Independent Bank Corporation (IBCP)

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: 553.08M USD

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2023	200.80M	-5.33M	-2.59%
Dec 31, 2022	206.13M	-2.21M	-1.06%
Dec 31, 2021	208.34M	16.44M	8.57%
Dec 31, 2020	191.89M	22.40M	13.22%
Dec 31, 2019	169.49M	12.90M	8.24%
Dec 31, 2018	156.59M	26.07M	19.98%
Dec 31, 2017	130.52M	7.27M	5.90%
Dec 31, 2016	123.25M	5.42M	4.60%
Dec 31, 2015	117.83M	2.66M	2.31%
Dec 31, 2014	115.17M	-11.61M	-9.16%
Dec 31, 2013	126.78M	-16.16M	-11.30%
Dec 31, 2012	142.93M	29.40M	25.89%
Dec 31, 2011	113.54M	-23.17M	-16.95%
Dec 31, 2010	136.70M	41.70M	43.89%
Dec 31, 2009	95.01M	5.42M	6.05%
Dec 31, 2008	89.59M	-34.99M	-28.09%
Dec 31, 2007	124.58M	-27.13M	-17.88%
Dec 31, 2006	151.70M	-13.25M	-8.03%
Dec 31, 2005	164.96M	19.48M	13.39%
Dec 31, 2004	145.48M	11.66M	8.71%
Dec 31, 2003	133.83M	24.67M	22.60%
Dec 31, 2002	109.16M	13.92M	14.61%
Dec 31, 2001	95.24M	14.59M	18.09%
Dec 31, 2000	80.65M	-792.00K	-0.97%
Dec 31, 1999	81.44M	4.71M	6.14%
Dec 31, 1998	76.73M	12.53M	19.51%
Dec 31, 1997	64.21M	25.22M	64.67%
Dec 31, 1996	38.99M	7.78M	24.92%
Dec 31, 1995	31.21M	3.35M	12.02%
Dec 31, 1994	27.86M	-	-

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.