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Regional Midwest Banks

IBCM ("Regional Midwest Banks") is a bank holding company for Imperial Bank, a community bank that provides a range of financial services to individuals and businesses in the Midwest region of the United States. The company is headquartered in Independence, Missouri.

As of its most recent quarterly report (Q3 2021), IBCM reported total assets of $3.2 billion, loans of $2.3 billion, and total equity of $413 million. The company's net interest margin (NIM) for the quarter was 3.45%, and its return on assets (ROA) was 1.13%.

In terms of earnings, IBCM reported net income of $15.6 million for Q3 2021, representing an increase of 12.8% compared to the same period in the prior year. The company's earnings per share (EPS) for the quarter was $1.16, compared to $1.03 in Q3 2020.

IBCM has a track record of consistent earnings growth over the past few years. The company's net income has grown at a compound annual growth rate (CAGR) of 13.5% over the past three years, and its EPS has grown at a CAGR of 14.5% over the same time period.

Looking forward, IBCM is well-positioned for continued growth and success. The company's strong balance sheet and solid earnings performance have allowed it to increase its dividend payout ratio in recent quarters, and it has also announced plans to repurchase up to $10 million of its common stock. Additionally, IBCM is focused on expanding its digital banking capabilities and expanding its footprint in the Midwest region through organic growth and strategic acquisitions.

Overall, IBCM is a well-run regional bank with a strong track record of earnings growth, a solid balance sheet, and a focus on innovation and growth. Its stock is currently trading at a reasonable valuation, making it an attractive investment opportunity for investors seeking exposure to the banking sector.