Independent Bank (IBCP) Long-Term Deferred Tax (2013 - 2020)
Independent Bank's (IBCP) quarterly Long-Term Deferred Tax came in at $275000.0 in Q4 2020, down 86.73% year-on-year from $2.1 million in Q1 2020, and down 82.51% quarter-over-quarter from $1.6 million in Q3 2020.
Independent Bank (IBCP) Long-Term Deferred Tax (2013 - 2020) Analysis & Trends
Independent Bank has disclosed Long-Term Deferred Tax across 8 years of filings, most recently posting $275000.0 for Q4 2020.
- Long-Term Deferred Tax for Q4 2020 came in at $275000.0, down 86.73% year-over-year; the trailing twelve-month figure through Dec 2020 was $275000.0 (down 86.73% YoY), and the FY2020 annual result was $275000.0, down 86.73% from the prior year.
- Long-Term Deferred Tax came in at $275000.0 for Q4 2020 at Independent Bank, down 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 $275000.0 in Q4 2020.
- The 5-year median for Long-Term Deferred Tax is $9.9 million (2018), against an average of $14.9 million.
- Peak annual rise in Long-Term Deferred Tax reached 49.34% in 2020, while the deepest fall reached 86.73% in 2020.
- Independent Bank's Long-Term Deferred Tax stood at $38.1 million in 2016, then plunged by 48.05% to $19.8 million in 2017, then tumbled by 70.83% to $5.8 million in 2018, then slumped by 64.15% to $2.1 million in 2019, then slumped by 86.73% to $275000.0 in 2020.
- The last three Long-Term Deferred Tax figures came in at $275000.0 (Q4 2020), $1.6 million (Q3 2020), and $2.5 million (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - |
| 10 | Independent Bank | 728.97 Mn | 554.06 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 275,000.00 |
| 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 |