Independent Bank (Ionia MI) (Independent Bank (Ionia MI)) 3-Year Revenue Growth Rate : 2.10% (As of Dec. 2023)

Competitive Comparison of Independent Bank (Ionia MI)'s 3-Year Revenue Growth Rate

For the Banks - Regional subindustry, Independent Bank (Ionia MI)'s 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Independent Bank (Ionia MI)'s 3-Year Revenue Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Independent Bank (Ionia MI)'s 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Independent Bank (Ionia MI)'s 3-Year Revenue Growth Rate falls into.

Independent Bank (Ionia MI) 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Independent Bank (Ionia MI)  (NAS:IBCP) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Independent Bank (Ionia MI) 3-Year Revenue Growth Rate Related Terms

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Independent Bank (Ionia MI) (Independent Bank (Ionia MI)) Business Description