IBCP FY 2015 Earnings — Independent Bank Corporation Revenue & Financial Results | Market Cap Arena

IBCPIndependent Bank Corporation

$684M

FY 2015 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$114M+2.4% YoY

Gross Profit

$111M97.3% margin

Operating Income

$29M25.7% margin

Net Income

$20M17.5% margin

EPS (Diluted)

$0.86

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$19M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.2B

Stockholders' Equity

$251M

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$114M	$112M	+2.4%
Gross Profit	$111M	$108M	+3.0%
Operating Income	$29M	$25M	+16.5%
Net Income	$20M	$18M	+11.1%