Independent Gross Profit from 2010 to 2025

IBCP Stock  USD 31.06  0.02  0.06%   
Independent Bank Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 131.4 M. Gross Profit is the profit Independent Bank makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1989-06-30
Previous Quarter
83.2 M
Current Value
60.4 M
Quarterly Volatility
17.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Independent Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent Bank's main balance sheet or income statement drivers, such as Interest Expense of 105.6 M, Other Operating Expenses of 226.6 M or EBIT of 53.9 M, as well as many indicators such as Price To Sales Ratio of 1.88, Dividend Yield of 0.0329 or PTB Ratio of 1.65. Independent financial statements analysis is a perfect complement when working with Independent Bank Valuation or Volatility modules.
  
Check out the analysis of Independent Bank Correlation against competitors.
To learn how to invest in Independent Stock, please use our How to Invest in Independent Bank guide.

Latest Independent Bank's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Independent Bank over the last few years. Gross profit is a required income statement account that reflects total revenue of Independent Bank minus its cost of goods sold. It is profit before Independent Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Independent Bank's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent Bank's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 218.14 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Independent Gross Profit Regression Statistics

Arithmetic Mean150,954,809
Geometric Mean132,592,576
Coefficient Of Variation41.48
Mean Deviation46,482,793
Median141,482,000
Standard Deviation62,612,681
Sample Variance3920.3T
Range278.9M
R-Value0.74
Mean Square Error1881.4T
R-Squared0.55
Significance0.001
Slope9,771,794
Total Sum of Squares58805.2T

Independent Gross Profit History

2025131.4 M
2024215.8 M
2023294.6 M
2022204.6 M
2021199 M
2020197.5 M
2019164.1 M

Other Fundumenentals of Independent Bank

Independent Bank Gross Profit component correlations

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0.930.530.780.52-0.280.73-0.040.530.810.620.66-0.550.730.160.90.80.020.01-0.750.84-0.78
0.440.530.640.29-0.320.360.430.160.690.710.45-0.820.570.320.650.540.14-0.09-0.440.48-0.41
0.810.780.640.53-0.710.85-0.09-0.040.80.820.76-0.770.74-0.050.650.9-0.230.17-0.750.9-0.88
0.610.520.290.53-0.360.720.160.20.390.460.65-0.170.3-0.590.310.69-0.36-0.17-0.560.5-0.54
-0.37-0.28-0.32-0.71-0.36-0.60.120.48-0.4-0.63-0.470.49-0.390.36-0.1-0.670.35-0.380.35-0.610.65
0.890.730.360.850.72-0.6-0.140.020.670.770.84-0.410.64-0.240.470.94-0.380.23-0.730.9-0.91
-0.06-0.040.43-0.090.160.12-0.140.270.040.130.020.0-0.070.220.14-0.05-0.020.010.15-0.150.15
0.390.530.16-0.040.20.480.020.270.380.00.210.020.210.370.680.060.23-0.09-0.080.150.03
0.80.810.690.80.39-0.40.670.040.380.770.83-0.790.810.250.840.75-0.110.29-0.540.85-0.64
0.740.620.710.820.46-0.630.770.130.00.770.79-0.660.810.10.540.88-0.040.21-0.620.85-0.75
0.80.660.450.760.65-0.470.840.020.210.830.79-0.510.76-0.120.560.81-0.350.29-0.560.86-0.67
-0.45-0.55-0.82-0.77-0.170.49-0.410.00.02-0.79-0.66-0.51-0.64-0.2-0.62-0.55-0.06-0.060.45-0.60.46
0.760.730.570.740.3-0.390.64-0.070.210.810.810.76-0.640.220.670.720.220.1-0.630.86-0.65
0.070.160.32-0.05-0.590.36-0.240.220.370.250.1-0.12-0.20.220.43-0.170.350.240.180.040.06
0.760.90.650.650.31-0.10.470.140.680.840.540.56-0.620.670.430.580.150.03-0.520.68-0.52
0.90.80.540.90.69-0.670.94-0.050.060.750.880.81-0.550.72-0.170.58-0.220.13-0.810.93-0.92
-0.160.020.14-0.23-0.360.35-0.38-0.020.23-0.11-0.04-0.35-0.060.220.350.15-0.22-0.53-0.05-0.170.29
0.170.01-0.090.17-0.17-0.380.230.01-0.090.290.210.29-0.060.10.240.030.13-0.530.330.31-0.23
-0.75-0.75-0.44-0.75-0.560.35-0.730.15-0.08-0.54-0.62-0.560.45-0.630.18-0.52-0.81-0.050.33-0.730.76
0.920.840.480.90.5-0.610.9-0.150.150.850.850.86-0.60.860.040.680.93-0.170.31-0.73-0.9
-0.88-0.78-0.41-0.88-0.540.65-0.910.150.03-0.64-0.75-0.670.46-0.650.06-0.52-0.920.29-0.230.76-0.9
Click cells to compare fundamentals

About Independent Bank Financial Statements

Independent Bank shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Independent Bank investors may analyze each financial statement separately, they are all interrelated. The changes in Independent Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on Independent Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit215.8 M131.4 M
Gross Profit Margin 1.32  1.18 

Additional Tools for Independent Stock Analysis

When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.