IBCP Q4 2017 Earnings — Independent Bank Corporation Revenue & Financial Results | Market Cap Arena

IBCPIndependent Bank Corporation

$681M

Q4 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$37M+8.4% YoY

Gross Profit

$34M91.6% margin

Operating Income

$11M30.3% margin

Net Income

$2M4.6% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$31M

Stock-Based Comp.

$406,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.5B

Stockholders' Equity

$265M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$34M	+8.4%
Gross Profit	$34M	$32M	+5.6%
Operating Income	$11M	$8M	+33.0%
Net Income	$2M	$6M	-70.8%