Cashu Markets
Cashu
Markets
IM

Independent Bank (Ionia MI)

IBCP
NASDAQFinancials

Income Statement

Total Revenue$218.14M
Gross Profit$218.14M
Operating Income$83.05M
EBITDA$93.05M
EBIT$83.05M
Pre-tax Income$81.29M
Net Income$66.79M

Balance Sheet

Cash Equivalent$154.41M
Total Debt$115.58M
Book Value$438.27M
Book Value Per Share20.97

Key Ratios

Return on Equity (ROE)+14.69%
Return on Assets (ROA)+1.25%
Return on Invested Capital (ROI)+12.51%
Net Profit Margin+30.00%
Current Ratioundefined
Quick Ratioundefined
Long-Term Debt / Equity0.17
Cashu Markets
Cashu
Markets

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The content published on Cashu Markets is for informational purposes only and should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. All opinions expressed are those of the authors and do not reflect the official position of Cashu Technologies Pty Ltd or its affiliates. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

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Cashu Markets
Cashu
Markets

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