IBCPIndependent Bank Corporation

$684M

Q3 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$35M+7.7% YoY

Gross Profit

$32M91.3% margin

Operating Income

$10M28.7% margin

Net Income

$7M19.7% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$426,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.5B

Stockholders' Equity

$268M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$32M	+7.7%
Gross Profit	$32M	$31M	+3.3%
Operating Income	$10M	$9M	+7.1%
Net Income	$7M	$6M	+7.6%

IBCP Q3 2017 Earnings — Independent Bank Corporation Revenue & Financial Results | Market Cap Arena