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 |
|
$121.22M | $128.94M | $126.96M | $125.10M | $134.66M | $167.77M | $192.21M | $208.30M | $216.76M | $239.62M | $255.56M | $287.69M | $304.17M | $338.90M | $380.67M | $501.44M | $425.26M | $489.07M | $718.36M | $707.57M | $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 |
|
$2.14 | $2.19 | $2.13 | $1.61 | $1.43 | $1.90 | $2.12 | $2.16 | $2.39 | $2.50 | $2.76 | $3.04 | $3.35 | $4.69 | $5.62 | $3.66 | $5.38 | $5.80 | $5.42 | $0.00 | |
| Div. | Dividends |
|
$0.56 | $0.60 | $0.64 | $0.68 | $0.72 | $0.72 | $0.72 | $0.76 | $0.84 | $0.88 | $0.96 | $1.04 | $1.16 | $1.28 | $1.52 | $1.76 | $1.84 | $1.92 | $2.04 | $2.20 | $0.00 |
| PR % | Payout Ratio % |
|
27.59% | 28.04% | 29.22% | 31.92% | 44.72% | 50.35% | 37.89% | 35.85% | 38.89% | 36.82% | 38.40% | 37.68% | 38.16% | 38.21% | 32.41% | 31.32% | 50.27% | 35.69% | 35.17% | 40.59% | 0 |
| Sha. | Shares |
|
15.3m | 15.4m | 14.68m | 13.72m | 16.28m | 20.93m | 20.98m | 21.48m | 22.75m | 23.79m | 23.96m | 26.24m | 27m | 27.44m | 28.08m | 34.37m | 32.97m | 33.05m | 45.64m | 43.85m | 42.45m |
| OCF | Operating Cash Flow |
|
$19.24M | $45.69M | $33.35M | $39.89M | $22.04M | $31.42M | $46.65M | $56.47M | $43.95M | $141.34M | $90.31M | $89.54M | $92.90M | $130.91M | $141.84M | $216.52M | $64.64M | $190.22M | $421.20M | $276.99M | $0.00M |
| FCF | Free Cash Flow |
|
$14.45M | $40.29M | $29.16M | $32.45M | $13.82M | $24.82M | $39.63M | $48.15M | $37.69M | $132.05M | $82.63M | $79.05M | $82.50M | $105.83M | $130.73M | $199.94M | $52.05M | $165.02M | $399.13M | $261.15M | $0.00M |
| FCFS | Free Cash Flow Per Share |
|
$0.97 | $2.62 | $1.95 | $2.31 | $0.88 | $1.21 | $1.87 | $2.25 | $1.73 | $5.74 | $3.46 | $3.05 | $3.12 | $3.88 | $4.74 | $6.09 | $1.56 | $4.73 | $8.61 | $5.91 | $0.00 |