Independent Bank Corp /Mi/ (IBCP) Financial Services Fees (2010 - 2018)
Independent Bank (IBCP) recorded Financial Services Fees of $2.22 million in Q1 2018, up 169.2% from $825,000 a year earlier and up 126.9% from the prior quarter.
Independent Bank Corp /Mi/ (IBCP) Financial Services Fees (2010 - 2018) Analysis & Trends
On a TTM basis, Independent Bank's Financial Services Fees came in at $3.52 million as of Mar 31, 2018, down 12.4% year-over-year; for FY2017, it was $1.65 million, down 25.9% from FY2016.
- Annual Financial Services Fees has a five-year compound annual growth rate of -3.4% (FY2012 to FY2017).
- Across earlier years, Financial Services Fees came in at $2.22 million in FY2016 (+26.9%), $1.75 million in FY2015 (+76.0%), $995,000 in FY2014 (-73.9%) and $3.81 million in FY2013 (+93.9%).
- The Q1 2018 figure is the highest quarterly Financial Services Fees since Q4 2016.
- On a year-over-year basis, Financial Services Fees rose in two of the last four quarters, with growth averaging 52.8%.
- Peak year-over-year performance for Financial Services Fees in the last five years was growth of 569.1% in Q2 2015, against a decline of 99.9% in Q3 2017 at the low end.
- Per Business Quant, the preceding three quarters came in at $979,000 (Q4 2017), $1,000 (Q3 2017) and $323,000 (Q2 2017).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2018 | 2.22 Mn |
| Dec 31, 2017 | 979,000.00 |
| Sep 30, 2017 | 1,000.00 |
| Jun 30, 2017 | 323,000.00 |
| Mar 31, 2017 | 825,000.00 |
| Dec 31, 2016 | 2.68 Mn |
| Sep 30, 2016 | 858,000.00 |
| Jun 30, 2016 | -334,000.00 |
| Mar 31, 2016 | -978,000.00 |
| Dec 31, 2015 | 877,000.00 |
| Sep 30, 2015 | -556,000.00 |
| Jun 30, 2015 | 1.45 Mn |
| Mar 31, 2015 | -420,000.00 |
| Dec 31, 2014 | -394,000.00 |
| Sep 30, 2014 | 932,000.00 |
| Jun 30, 2014 | 217,000.00 |
| Mar 31, 2014 | 274,000.00 |
| Dec 31, 2013 | 1.19 Mn |
| Sep 30, 2013 | 409,000.00 |
| Jun 30, 2013 | 1.65 Mn |
Independent Bank Corp /Mi/ Financial Services Fees API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=financial-services-fees&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "financial-services-fees", "ticker": "IBCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=financial-services-fees&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();