Independent Bank financials at a glance
| Year | Year | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rev. | Revenue |
|
$145.48M | $164.96M | $148.90M | $124.63M | $93.92M | $92.66M | $137.61M | $116.87M | $137.07M | $123.54M | $115.59M | $116.14M | $122.28M | $130.52M | $156.59M | $169.49M | $191.89M | $208.34M | $206.13M | $200.80M | $0.00M |
| GM % | Gross Margin % |
|
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| OM | Operating Margin |
|
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | Earnings Per Share |
|
$19.71 | $16.50 | $5.90 | $-7.70 | $-32.60 | $-0.94 | $-2.94 | $1.24 | $0.77 | $0.86 | $1.12 | $1.22 | $1.79 | $2.18 | $2.92 | $3.00 | $2.44 | $2.80 | $0.00 | ||
| Div. | Dividends |
|
$5.99 | $7.05 | $7.80 | $8.40 | $1.40 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.26 | $0.34 | $0.42 | $0.60 | $0.72 | $0.80 | $0.84 | $0.88 | $0.92 | $0.00 |
| PR % | Payout Ratio % |
|
33.86% | 35.77% | 47.27% | 142.37% | -18.18% | -0.92% | -0.00% | 0 | 0 | 0 | 23.38% | 30.23% | 30.36% | 34.43% | 33.52% | 33.03% | 27.40% | 28.00% | 36.07% | 32.86% | 0 |
| Sha. | Shares |
|
2.33m | 2.33m | 2.29m | 2.26m | 2.3m | 2.4m | 7.52m | 8.48m | 8.91m | 22.81m | 22.95m | 22.3m | 21.25m | 21.33m | 24.11m | 22.48m | 21.88m | 21.28m | 21.05m | 20.84m | 20.84m |
| OCF | Operating Cash Flow |
|
$42.60M | $48.28M | $26.67M | $24.70M | $43.20M | $4.38M | $-2.50M | $35.41M | $29.39M | $52.07M | $13.07M | $22.86M | $23.70M | $38.61M | $44.92M | $33.98M | $58.17M | $110.15M | $94.63M | $75.59M | $0.00M |
| FCF | Free Cash Flow |
|
$30.88M | $34.38M | $13.35M | $14.36M | $35.07M | $-3.62M | $-7.26M | $32.63M | $24.10M | $43.70M | $8.77M | $18.51M | $20.24M | $34.37M | $41.06M | $29.04M | $53.79M | $104.31M | $88.95M | $69.57M | $0.00M |
| FCFS | Free Cash Flow Per Share |
|
$13.69 | $14.73 | $5.83 | $6.33 | $15.26 | $-1.52 | $-1.43 | $3.94 | $2.77 | $3.13 | $0.38 | $0.81 | $0.95 | $1.61 | $1.75 | $1.27 | $2.45 | $4.83 | $4.22 | $3.32 | $0.00 |