IBCP FY 2014 Earnings — Independent Bank Corporation Revenue & Financial Results | Market Cap Arena

IBCPIndependent Bank Corporation

$684M

FY 2014 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$112M-7.6% YoY

Gross Profit

$108M96.7% margin

Operating Income

$25M22.6% margin

Net Income

$18M16.1% margin

EPS (Diluted)

$0.77

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$9M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$2.0B

Stockholders' Equity

$250M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$112M	$121M	-7.6%
Gross Profit	$108M	$114M	-5.0%
Operating Income	$25M	$23M	+11.3%
Net Income	$18M	$78M	-76.7%