IBCP (Independent Bank (Ionia MI)) EPS (Basic) : $3.20 (TTM As of Dec. 2024)

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What is Independent Bank (Ionia MI) EPS (Basic)?

Independent Bank (Ionia MI)'s basic earnings per share (Basic EPS) for the three months ended in Dec. 2024 was $0.88. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Dec. 2024 was $3.20.

Independent Bank (Ionia MI)'s EPS (Diluted) for the three months ended in Dec. 2024 was $0.87. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was $3.16.

Independent Bank (Ionia MI)'s EPS without NRI for the three months ended in Dec. 2024 was $0.87. Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2024 was 3.15.

During the past 12 months, Independent Bank (Ionia MI)'s average EPS without NRIGrowth Rate was 13.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was 3.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was 7.70% per year. During the past 10 years, the average EPS without NRI Growth Rate was 17.40% per year. 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 EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, Independent Bank (Ionia MI)'s highest 3-Year average EPS without NRI Growth Rate was 103.90% per year. The lowest was -38.80% per year. And the median was 17.50% per year.

Independent Bank (Ionia MI) EPS (Basic) Historical Data

The historical data trend for Independent Bank (Ionia MI)'s EPS (Basic) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Independent Bank (Ionia MI) EPS (Basic) Chart

Independent Bank (Ionia MI) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EPS (Basic)

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2.56

2.91

3.00

2.82

3.20

Independent Bank (Ionia MI) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EPS (Basic)	Get a 7-Day Free Trial															0.66	0.77	0.89	0.66	0.88

Independent Bank (Ionia MI) EPS (Basic) Calculation

EPS (Basic) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Basic earnings per share (EPS) do not factor in the dilutive effects on convertible securities.

Independent Bank (Ionia MI)'s Basic EPS for the fiscal year that ended in Dec. 2024 is calculated as

Basic EPS (A: Dec. 2024 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(66.79	-	0)	/	20.892
	=	3.20

Independent Bank (Ionia MI)'s Basic EPS for the quarter that ended in Dec. 2024 is calculated as

Basic EPS (Q: Dec. 2024 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(18.461	-	0)	/	20.892
	=	0.88

EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.20

Independent Bank (Ionia MI) (NAS:IBCP) EPS (Basic) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

Independent Bank (Ionia MI) EPS (Basic) Related Terms

Thank you for viewing the detailed overview of Independent Bank (Ionia MI)'s EPS (Basic) provided by GuruFocus.com. Please click on the following links to see related term pages.

Independent Bank (Ionia MI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Independent Bank Corp (Ionia MI) (NAS:IBCP) » Definitions » EPS (Basic)

Comparable Companies

Traded in Other Exchanges

N/A

Address

4200 East Beltline, Grand Rapids, MI, USA, 49525

Website

https://www.independentbank.com

Independent Bank Corp (Ionia MI) operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers.

Executives

Patrick J Ervin	officer: Executive Vice President	4200 E BELTLINE, GRAND RAPIDS MI 49525
Daniel Larry R Jr	officer: Executive Vice President	4200 E BELTLINE, GRAND RAPIDS MI 49525
Gavin A. Mohr	officer: Executive Vice President	4200 E BELTLINE, GRAND RAPIDS MI 49525
Christina Keller	director	4200 E BELTLINE AVE, GRAND RAPIDS MI 49525
Stefanie M Kimball	officer: Executive Vice President	230 WEST MAIN STREET, IONIA MI 48846
James J Twarozynski	officer: Sr Vice President & Controller	201 HIGHLAND DRIVE, ROCKFORD MI 49341
Terance L Beia	director	4200 E BELTLINE, GRAND RAPIDS MI 49525
Archer Dennis W. Jr	director	4200 E BELTLINE, GRAND RAPIDS MI 49525
Kristopher Kreter	officer: First Vice Pres. & Controller	4200 E BELTLINE, GRAND RAPIDS MI 49525
Ronia F Kruse	director	4200 E BELTLINE, GRAND RAPIDS MI 49525
Joel F Rahn	officer: Executive Vice President	4200 E BELTLINE, GRAND RAPIDS MI 49525
William B Kessel	officer: President of Affiliate Bank	INDEPENDENT BANK CORPORATION, 230 WEST MAIN STREET, IONIA MI 48846
Matthew J Missad	director	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Dennis J Mack	officer: Executive Vice President	230 WEST MAIN STREET, IONIA MI 48846
Robert N Shuster	officer: Executive Vice President and C	201 HIGHLAND DRIVE, ROCKFORD MI 49341