IBCP FY 2012 Earnings — Independent Bank Corporation Revenue & Financial Results | Market Cap Arena

IBCPIndependent Bank Corporation

$666M

FY 2012 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$141M+1.9% YoY

Gross Profit

$120M85.5% margin

Operating Income

$26M18.6% margin

Net Income

$26M18.6% margin

EPS (Diluted)

$0.84

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$24M

Stock-Based Comp.

$869,000

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.9B

Stockholders' Equity

$135M

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$141M	$138M	+1.9%
Gross Profit	$120M	$88M	+36.6%
Operating Income	$26M	-$20M	+228.3%
Net Income	$26M	-$20M	+229.7%