IBCP FY 2013 Earnings — Independent Bank Corporation Revenue & Financial Results | Market Cap Arena

IBCPIndependent Bank Corporation

$666M

FY 2013 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$121M-14.2% YoY

Gross Profit

$114M94.0% margin

Operating Income

$23M18.7% margin

Net Income

$78M64.1% margin

EPS (Diluted)

$3.55

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$44M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$2.0B

Stockholders' Equity

$232M

Cash & Equivalents

$137M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$121M	$141M	-14.2%
Gross Profit	$114M	$120M	-5.6%
Operating Income	$23M	$26M	-13.5%
Net Income	$78M	$26M	+195.9%