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Independent Bank Corporation (IBCP)

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30.85
+0.06
+(0.19%)
At close: 4:00:01 PM EDT
30.85
0.00
(0.00%)
After hours: 4:05:14 PM EDT
Loading Chart for IBCP
  • Previous Close 30.79
  • Open 30.60
  • Bid 30.69 x 100
  • Ask 30.97 x 100
  • Day's Range 30.36 - 30.91
  • 52 Week Range 22.53 - 40.32
  • Volume 60,884
  • Avg. Volume 119,938
  • Market Cap (intraday) 647.011M
  • Beta (5Y Monthly) 1.03
  • PE Ratio (TTM) 9.76
  • EPS (TTM) 3.16
  • Earnings Date Apr 24, 2025
  • Forward Dividend & Yield 1.04 (3.38%)
  • Ex-Dividend Date Feb 4, 2025
  • 1y Target Est 38.20

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

www.independentbank.com

732

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: IBCP

Trailing total returns as of 4/1/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

IBCP
10.78%
S&P 500 (^GSPC)
4.23%

1-Year Return

IBCP
29.34%
S&P 500 (^GSPC)
7.42%

3-Year Return

IBCP
56.77%
S&P 500 (^GSPC)
23.92%

5-Year Return

IBCP
214.09%
S&P 500 (^GSPC)
128.01%

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Statistics: IBCP

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Valuation Measures

Annual
As of 3/31/2025
  • Market Cap

    645.23M

  • Enterprise Value

    --

  • Trailing P/E

    9.74

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.01

  • Price/Book (mrq)

    1.42

  • Enterprise Value/Revenue

    3.57

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    30.62%

  • Return on Assets (ttm)

    1.26%

  • Return on Equity (ttm)

    15.55%

  • Revenue (ttm)

    218.14M

  • Net Income Avi to Common (ttm)

    66.79M

  • Diluted EPS (ttm)

    3.16

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    156.94M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

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