Independent Bank (IBCP) Earnings Date, Estimates & Call Transcripts

$32.05

-0.26 (-0.80%)

(As of 10/10/2024 ET)

Upcoming Earnings Date: Oct. 24
Before Market Opens
Confirmed
Actual EPS (Jul. 25): $0.88 Beat By $0.17
Consensus EPS (Jul. 25): $0.71

IBCP Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

IBCP Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ad Brownstone Research

AI Expert Reveals New Pick

Why You Shouldn't Pour All Your Money Into Nvidia Jeff Brown, who predicted Nvidia's rise, warns against putting all your money into Nvidia now. His latest AI forecast offers smarter ways to potentially multiply your gains.

Get his full forecast here.

Independent Bank Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2024	1	$0.68	$0.68	$0.68
Q2 2024	1	$0.72	$0.72	$0.72
Q3 2024	1	$0.78	$0.78	$0.78

IBCP Earnings Date and Information

Independent Bank last posted its quarterly earnings data on July 25th, 2024. The financial services provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.17. The company earned $81.51 million during the quarter, compared to the consensus estimate of $53.50 million. Independent Bank has generated $2.94 earnings per share over the last year ($2.94 diluted earnings per share) and currently has a price-to-earnings ratio of 10.9. Earnings for Independent Bank are expected to decrease by -3.51% in the coming year, from $3.13 to $3.02 per share. Independent Bank has confirmed that its next quarterly earnings report will be published on Thursday, October 24th, 2024. Independent Bank will be holding an earnings conference call on Thursday, October 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 866-813-9403 with passcode "159381".

Independent Bank Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
10/24/2024 (Confirmed)	-	-	-	-	-	-	-
7/25/2024	Q2 2024	$0.71	$0.88	+$0.17	$0.88	$53.50 million	$81.51 million
4/25/2024	Q1 2024	$0.65	$0.76	+$0.11	$0.76	$51.50 million	$52.76 million
1/25/2024	Q4 2023	$0.71	$0.79	+$0.08	$0.93	$51.50 million	$49.21 million
10/24/2023	Q3 2023	$0.63	$0.83	+$0.20	$0.83	$51.40 million	$55.04 million
7/25/2023	Q2 2023	$0.60	$0.70	+$0.10	$0.70	$50.60 million	$53.77 million
4/27/2023	Q1 2023	$0.60	$0.61	+$0.01	$0.61	$50.80 million	$48.99 million
Get the Latest News and Ratings for IBCP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Independent Bank and its competitors with MarketBeat's FREE daily newsletter.
1/26/2023	Q4 2022	$0.72	$0.71	($0.01)	$0.71	$53.40 million	$52.07 million
10/25/2022	Q3 2022	$0.58	$0.81	+$0.23	$0.81	$50.10 million	$56.76 million
7/26/2022	Q2 2022	$0.56	$0.61	+$0.05	$0.61	$47.75 million	$50.69 million
4/26/2022	Q1 2022	$0.50	$0.84	+$0.34	$0.84	$45.80 million	$51.95 million
1/27/2022	Q4 2021	$0.64	$0.58	($0.06)	$0.58	$50.67 million	$50.06 million
10/25/2021	Q3 2021	$0.62	$0.73	+$0.11	$0.73	$47.57 million	$53.50 million
7/28/2021	Q2 2021	$0.67	$0.56	($0.11)	$0.56	$48.15 million	$46.16 million
4/26/2021	Q1 2021	$0.57	$1.00	+$0.43	$1.00	$46.55 million	$56.69 million
1/27/2021	Q4 2020	$0.62	$0.77	+$0.15	$0.77	$50.40 million	$53.36 million
11/1/2020	Q3 2020	$0.48	$0.89	+$0.41	$0.89	$46.90 million	$58.98 million
7/28/2020	Q2 2020	$0.25	$0.67	+$0.42	$0.67	$46.45 million	$50.83 million
4/30/2020	Q1 2020	$0.37	$0.21	($0.16)	$0.21	$43.01 million	$41.20 million
1/23/2020	Q4 2019	$0.57	$0.61	+$0.04	$0.61	$44.21 million	$46.31 million
10/24/2019	Q3 2019	$0.51	$0.55	+$0.04	$0.55	$42.73 million	$43.15 million

Independent Bank Earnings - Frequently Asked Questions

When is Independent Bank's earnings date?: Independent Bank has confirmed that its next quarterly earnings data will be published on Thursday, October 24th, 2024. Learn more on IBCP's earnings history.
Did Independent Bank beat their earnings estimates last quarter?: In the previous quarter, Independent Bank (NASDAQ:IBCP) reported $0.88 earnings per share (EPS) to beat the analysts' consensus estimate of $0.71 by $0.17. Learn more on analysts' earnings estimate vs. IBCP's actual earnings.
How can I listen to Independent Bank's earnings conference call?: The conference call for Independent Bank's latest earnings report can be listened to online. Listen to Conference Call
How can I read Independent Bank's conference call transcript?: The conference call transcript for Independent Bank's latest earnings report can be read online. Read Transcript
How much revenue does Independent Bank generate each year?: Independent Bank (NASDAQ:IBCP) has a recorded annual revenue of $207.12 million.
How much profit does Independent Bank generate each year?: Independent Bank (NASDAQ:IBCP) has a recorded net income of $59.07 million. IBCP has generated $2.94 earnings per share over the last four quarters.
What is Independent Bank's price-to-earnings ratio?: Independent Bank (NASDAQ:IBCP) has a trailing price-to-earnings ratio of 10.90 and a forward price-to-earnings ratio of 10.24.
What is Independent Bank's EPS forecast for next year?: Independent Bank's earnings are expected to decrease from $3.13 per share to $3.02 per share in the next year, which is a -3.51% change.