Independent Bank Corporation (IBCP)
$
31.53
-0.22 (-0.70%)
Key metrics
Financial statements
Free cash flow per share
3.3423
Market cap
651.5 Million
Price to sales ratio
2.0558
Debt to equity
0.2663
Current ratio
0.1274
Income quality
1.1149
Average inventory
0
ROE
0.1471
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Independent Bank Corporation operates as the bank holding company for Independent Bank, providing a variety of banking services to both individuals and businesses. The company's stock is identified with the symbol 'IBCP' in the market. It offers an array of products, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automated teller machine services and Internet and mobile banking. The weighted average number of diluted shares outstanding is 21,136,076.00 reflecting potential dilution effects, while the EBITDA ratio is 0.43 highlighting the company's operational efficiency. Furthermore, the EBITDA is $93,051,000.00 which serves as a key indicator of the company's operational profitability. The cost of revenue for the company is $0.00 showcasing its production and operational expenses. Independent Bank Corporation provides these services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan, along with two loan production offices in Ohio. Established in 1864, the company is based in Grand Rapids, Michigan. The stock is affordable at $31.75 making it suitable for budget-conscious investors. With a low average trading volume of 99,969.00 the stock indicates lower market activity, which may appeal to certain types of investors seeking stability. Additionally, with a market capitalization of $653,329,977.00 the company is classified as a small-cap player. It is a key player in the Banks - Regional industry, contributing significantly to the overall market landscape. Furthermore, it belongs to the Financial Services sector, where it drives innovation and growth, positioning itself as a notable participant in its field.
Is Independent Bank Corporation (IBCP) a good investment?
Investing in Independent Bank Corporation (IBCP) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B+, with a Bearish outlook. Always conduct your own research before investing.
What is Independent Bank Corporation (IBCP)'s stock forecast?
Analysts predict Independent Bank Corporation stock to fluctuate between $22.53 (low) and $40.32 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Independent Bank Corporation's market capitalization?
As of 2025-05-30, Independent Bank Corporation's market cap is $653,329,977, based on 20,720,900 outstanding shares.
How does Independent Bank Corporation compare to competitors like JPMorgan Chase & Co.?
Compared to JPMorgan Chase & Co., Independent Bank Corporation has a Lower Market-Cap, indicating a difference in performance.
Does Independent Bank Corporation pay dividends?
Independent Bank Corporation pays dividends. The current dividend yield is 3.19%, with a payout of $0.26 per share.
How can I buy Independent Bank Corporation (IBCP) stock?
To buy Independent Bank Corporation (IBCP) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for IBCP. Place an order (Market, Limit, etc.).
What is the best time to invest in Independent Bank Corporation?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has Independent Bank Corporation stock ever split?
Independent Bank Corporation's last stock split was 1:10 on 2010-09-01.
How did Independent Bank Corporation perform in the last earnings report?
Revenue: $215,802,000 | EPS: $3.20 | Growth: 13.48%.
Where can I find Independent Bank Corporation's investor relations reports?
Visit https://www.independentbank.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Independent Bank Corporation?
You can explore historical data from here
What is the all-time high and low for Independent Bank Corporation stock?
All-time high: $40.32 (2024-11-25) | All-time low: $14.90 (2023-05-04).
What are the key trends affecting Independent Bank Corporation stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
4 days ago
Independent Bank (IBCP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
seekingalpha.com
a month ago
Independent Bank Corporation (NASDAQ:IBCP ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Brad Kessel - President & Chief Executive Officer Joel Rahn - Executive President, Commercial Banking Gavin Mohr - Executive Vice President & Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Peter Winter - D.A. Davidson Damon DelMonte - KBW Nathan Race - Piper Sandler Operator Hello everyone and welcome to the Independent Bank Corporation Reports 2025 First Quarter Results.
zacks.com
a month ago
While the top- and bottom-line numbers for Independent Bank (IBCP) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
a month ago
Independent Bank (IBCP) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.76 per share a year ago.
globenewswire.com
a month ago
GRAND RAPIDS, Mich., April 22, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 26 cents per share. This dividend is payable on May 15, 2025, to shareholders of record on May 5, 2025.
globenewswire.com
2 months ago
GRAND RAPIDS, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 first quarter results on Thursday, April 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website.
zacks.com
3 months ago
ENS, IBCP and MRX made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 13, 2025.
zacks.com
3 months ago
OPCH, LMAT, C, FFIN and IBCP have been added to the Zacks Rank #1 (Strong Buy) List on March 4, 2025.
zacks.com
3 months ago
IBCP, FFIN and C made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 4, 2025.
zacks.com
3 months ago
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?
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