Independent Bank (IBCP) Short-term Investments (2010 - 2022)
Independent Bank (IBCP) posted Short-term Investments of $409.3 million for Q2 2022, down 42.37% sequentially from $710.3 million in Q1 2022, and down 39.96% YoY from $681.8 million in Q2 2021.
Independent Bank (IBCP) Short-term Investments (2010 - 2022) Analysis & Trends
Independent Bank has reported Short-term Investments for 11 years, with the latest figure at $409.3 million in Q2 2022.
- Quarterly Short-term Investments fell 39.96% year-over-year to $409.3 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $409.3 million (down 39.96% YoY) and the FY2021 annual result came in at $763.1 million, changed N/A from the prior year.
- Short-term Investments slipped to $409.3 million in Q2 2022 per IBCP's latest filing, from $710.3 million in the prior quarter.
- Over five years, Short-term Investments peaked at $763.1 million in Q4 2021 and troughed at $285000.0 in Q3 2018.
- A 3-year average of $412.4 million and a median of $545.6 million in 2021 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2018 and 2022: Short-term Investments increased 17.48% in 2018, then tumbled 39.96% in 2022.
- Over 3 years, Short-term Investments stood at $393000.0 in 2018, then soared by 194081.68% to $763.1 million in 2021, then plunged by 46.36% to $409.3 million in 2022.
- According to Business Quant data, Short-term Investments over the past three periods registered $409.3 million, $710.3 million, and $763.1 million for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 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 | - |
| 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 |
|---|---|
| Jun 30, 2022 | 409.35 Mn |
| Mar 31, 2022 | 710.30 Mn |
| Dec 31, 2021 | 763.13 Mn |
| Sep 30, 2021 | 733.48 Mn |
| Jun 30, 2021 | 681.79 Mn |
| Dec 31, 2018 | 393,000.00 |
| Sep 30, 2018 | 285,000.00 |
| Jun 30, 2018 | 336,000.00 |
| Sep 30, 2017 | 347,000.00 |
| Jun 30, 2017 | 286,000.00 |
| Mar 31, 2017 | 331,000.00 |
| Dec 31, 2016 | 410,000.00 |
| Sep 30, 2016 | 152,000.00 |
| Jun 30, 2016 | 212,000.00 |
| Mar 31, 2016 | 136,000.00 |
| Dec 31, 2015 | 148,000.00 |
| Sep 30, 2015 | 225,000.00 |
| Jun 30, 2015 | 180,000.00 |
| Mar 31, 2015 | 213,000.00 |
| Dec 31, 2014 | 203,000.00 |