Independent Bank (IBCP) Long-Term Deferred Tax (2012 - 2020)

Independent Bank's (IBCP) quarterly Long-Term Deferred Tax came in at $3.0 million in Q4 2020, up 45.51% year-over-year from $2.1 million in Q1 2020, and up 91.79% quarter-over-quarter from $1.6 million in Q3 2020.

Analysis

Independent Bank (IBCP) Long-Term Deferred Tax (2012 - 2020) Analysis & Trends

Independent Bank has disclosed Long-Term Deferred Tax across 9 years of filings, most recently posting $3.0 million for Q4 2020.

In Q4 2020, Long-Term Deferred Tax rose 45.51% year-over-year to $3.0 million; the TTM figure through Dec 2020 stood at $3.0 million (up 45.51% YoY), while the FY2020 annual figure was $3.0 million, up 45.51% from the prior year.
Long-Term Deferred Tax came in at $3.0 million for Q4 2020 at Independent Bank, up from $1.6 million in the prior quarter.
In the past five years, Long-Term Deferred Tax ranged from a high of $38.1 million in Q4 2016 to a low of $1.6 million in Q3 2020.
Average Long-Term Deferred Tax over 5 years is $15.0 million, with a median of $9.9 million recorded in 2018.
Year-over-year, Long-Term Deferred Tax sank 79.1% in 2019 and surged 49.34% in 2020.
Over 5 years, Long-Term Deferred Tax stood at $38.1 million in 2016, then slumped by 48.05% to $19.8 million in 2017, then sank by 70.83% to $5.8 million in 2018, then plunged by 64.15% to $2.1 million in 2019, then surged by 45.51% to $3.0 million in 2020.
Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $3.0 million in Q4 2020, $1.6 million in Q3 2020, and $2.5 million in Q2 2020.

Peer Set

Peer Comparison

All peers

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Banco Santander Chile	424.88 Bn	544.83 Bn	-
2	Truist Financial	59.29 Bn	59.29 Bn	-
3	Fifth Third Bancorp	47.98 Bn	24.26 Bn	-
4	M&T Bank	32.82 Bn	32.82 Bn	-
5	Huntington Bancshares	32.08 Bn	27.60 Bn	-
6	Citizens Financial	28.34 Bn	28.34 Bn	-
7	Regions Financial	24.27 Bn	24.34 Bn	-
8	Keycorp	22.19 Bn	-25.51 Bn	-
9	First Citizens Bancshares	21.93 Bn	21.41 Bn	29.00 Mn
10	Independent Bank	746.43 Mn	580.98 Mn	-

Historic Data

Download Data

Date	Value
Dec 31, 2020	3.02 Mn
Sep 30, 2020	1.57 Mn
Jun 30, 2020	2.48 Mn
Mar 31, 2020	4.28 Mn
Dec 31, 2019	2.07 Mn
Sep 30, 2019	2.77 Mn
Jun 30, 2019	2.75 Mn
Mar 31, 2019	2.87 Mn
Dec 31, 2018	5.78 Mn
Sep 30, 2018	8.45 Mn
Jun 30, 2018	11.43 Mn
Mar 31, 2018	13.72 Mn
Dec 31, 2017	19.81 Mn
Sep 30, 2017	22.43 Mn
Jun 30, 2017	25.20 Mn
Mar 31, 2017	28.95 Mn
Dec 31, 2016	38.14 Mn
Sep 30, 2016	32.16 Mn
Jun 30, 2016	35.26 Mn
Mar 31, 2016	37.17 Mn

API Access

Independent Bank Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=IBCP&period=max&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Independent Bank (IBCP) Long-Term Deferred Tax (2012 - 2020)