Independent Tax Provision from 2010 to 2025

IBCP Stock  USD 31.81  0.75  2.41%   
Independent Bank Tax Provision yearly trend continues to be relatively stable with very little volatility. Tax Provision is likely to drop to about 14.3 M. Tax Provision is the amount set aside by Independent Bank to cover any estimated taxes for the current period. It reflects Independent Bank's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
3.5 M
Current Value
4.3 M
Quarterly Volatility
907.9 K
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Independent Bank over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Independent Bank's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Independent Tax Provision Regression Statistics

Arithmetic Mean11,974,380
Geometric Mean11,656,608
Coefficient Of Variation24.52
Mean Deviation2,604,678
Median11,325,000
Standard Deviation2,936,443
Sample Variance8.6T
Range8.7M
R-Value0.74
Mean Square Error4.2T
R-Squared0.55
Significance0
Slope456,099
Total Sum of Squares129.3T

Independent Tax Provision History

202514.3 M
202416.3 M
202313.9 M
202214.4 M
202114.4 M
202013.3 M
201911.3 M

About Independent Bank Financial Statements

Independent Bank shareholders use historical fundamental indicators, such as Tax Provision, 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
Tax Provision16.3 M14.3 M

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.