Independent Bank Corporation operates in the State commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Independent Bank with three other
companies in this sector in the United States:
Tristate Capital Holdings Inc
sales of $119.08 million
of which 70%
Midwestone Financial Group Incorporation
of which 100%
was Banking & Related Activities), and
QCR Holdings, Inc
of which 46%
was Quad City Bank and Trust Company).
Independent Bank reported sales of $119.96 million
December of 2015.
a very small
increase of 0.5%
versus 2014, when the company's sales were $119.34 million.
Despite this increase, sales are still
below the level achieved in 2013, when Independent Bank
reported sales of $131.98 million.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
12.5% in 2015, from
$64,000.00 to $72,000.00 .
Independent Bank also saw significant increases in sales in
Independent Bank (up 2.7% to $75.55 million)
Not all segments of Independent Bank experienced an increase in sales in 2015:
sales of Mepco fell 24.5% to $5.29 million.