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
DateValue
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