Independent Bank (IBCP) Change in Net Loans (2010 - 2019)
Independent Bank (IBCP) posted Change in Net Loans of $65.7 million for Q1 2019, down 9.13% sequentially from $72.2 million in Q4 2018, and down 4.31% YoY from $68.6 million in Q1 2018.
Independent Bank (IBCP) Change in Net Loans (2010 - 2019) Analysis & Trends
Independent Bank has reported Change in Net Loans for 10 years, with the latest figure at $65.7 million in Q1 2019.
- Quarterly Change in Net Loans fell 4.31% year-over-year to $65.7 million in Q1 2019, while the trailing twelve-month figure through Mar 2019 was $341.4 million (down 17.64% YoY) and the FY2018 annual result came in at $344.3 million, down 15.37% from the prior year.
- Change in Net Loans declined to $65.7 million in Q1 2019 per IBCP's latest filing, from $72.2 million in the prior quarter.
- Over five years, Change in Net Loans peaked at $141.2 million in Q2 2017 and troughed at $9.4 million in Q3 2016.
- A 5-year average of $58.7 million and a median of $61.0 million in 2017 frame the typical range for Change in Net Loans.
- The sharpest annual moves came in 2016 and 2017: Change in Net Loans plunged 44.37% in 2016, then surged 1213.15% in 2017.
- Over 5 years, Change in Net Loans stood at $17.9 million in 2015, then jumped by 88.44% to $33.8 million in 2016, then surged by 138.97% to $80.8 million in 2017, then retreated by 10.55% to $72.2 million in 2018, then decreased by 9.13% to $65.7 million in 2019.
- According to Business Quant data, Change in Net Loans over the past three periods registered $65.7 million, $72.2 million, and $90.7 million for Q1 2019, Q4 2018, and Q3 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 6.72 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 288.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.13 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Independent Bank | 764.20 Mn | 598.75 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 65.65 Mn |
| Dec 31, 2018 | 72.25 Mn |
| Sep 30, 2018 | 90.72 Mn |
| Jun 30, 2018 | 112.75 Mn |
| Mar 31, 2018 | 68.61 Mn |
| Dec 31, 2017 | 80.77 Mn |
| Sep 30, 2017 | 123.92 Mn |
| Jun 30, 2017 | 141.16 Mn |
| Mar 31, 2017 | 61.00 Mn |
| Dec 31, 2016 | 33.80 Mn |
| Sep 30, 2016 | 9.44 Mn |
| Jun 30, 2016 | 40.96 Mn |
| Mar 31, 2016 | 23.28 Mn |
| Dec 31, 2015 | 17.94 Mn |
| Sep 30, 2015 | 16.97 Mn |
| Jun 30, 2015 | 26.27 Mn |
| Mar 31, 2015 | 13.17 Mn |
| Dec 31, 2014 | 13.75 Mn |
| Sep 30, 2014 | 19.74 Mn |
| Jun 30, 2014 | 16.93 Mn |