INDEPENDENT BANK CORP - MICH (IBCP) Forecast, Price Target & Analyst Ratings

NASDAQ:IBCP • US4538386099

Current stock price

33.61 USD
+0.02 (+0.06%)
At close:
33.61 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for INDEPENDENT BANK CORP - MICH (IBCP).

Forecast Snapshot

Consensus Price Target

Price Target
$37.74
+ 12.29% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 23, 2026
Period
Q1 / 2026
EPS Estimate
$0.80
Revenue Estimate
50.952M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
50.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$37.74
Upside
+ 12.29%
From current price of $33.61 to mean target of $37.74, Based on 10 analyst forecasts
Low
$35.35
Median
$37.74
High
$40.95

Price Target Revisions

1 Month
-1.60%
3 Months
3.93%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for IBCP. The average price target is 37.74 USD. This implies a price increase of 12.29% is expected in the next year compared to the current price of 33.61.
The average price target has been revised upward by 3.93% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

IBCP Current Analyst RatingIBCP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

IBCP Historical Analyst RatingsIBCP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
50.00%
IBCP was analyzed by 10 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about IBCP.
In the previous month the buy percentage consensus was at a similar level.
IBCP was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-20DA DavidsonMaintains Neutral -> Neutral
2026-01-26Piper SandlerMaintains Neutral -> Neutral
2025-07-25DA DavidsonMaintains Neutral -> Neutral
2025-04-28Piper SandlerMaintains Neutral -> Neutral
2025-04-25Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-01-28DA DavidsonMaintains Neutral -> Neutral
2025-01-24Keefe, Bruyette & WoodsReiterate Market Perform -> Market Perform
2024-12-04Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2024-07-29Keefe, Bruyette & WoodsReiterate Market Perform -> Market Perform
2024-07-29Piper SandlerMaintains Neutral -> Neutral
2024-04-30DA DavidsonMaintains Neutral -> Neutral
2023-07-26Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2022-12-13Keefe, Bruyette & WoodsDowngrade Outperform -> Market Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 23, 2026
Period
Q1 / 2026
EPS Estimate
$0.80
Revenue Estimate
50.952M
Revenue Q2Q
16.64%
EPS Q2Q
8.70%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
-0.04%
Revenue (3 Months)
8.39%
EPS (1 Month)
0.00%
EPS (3 Months)
-1.05%

Next Earnings Summary

IBCP is expected to report earnings on 4/23/2026. The consensus EPS estimate for the next earnings is 0.8 USD and the consensus revenue estimate is 50.95M USD.
The next earnings revenue estimate has been revised upward by 8.39% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
IBCP revenue by date.IBCP revenue by date.
206.772M
-2.10%		222.61M
7.66%		225.659M
1.37%		219.13M
-2.89%		238.8M
8.98%
EBITDA
YoY % growth
IBCP ebitda by date.IBCP ebitda by date.
N/AN/AN/AN/AN/A
EBIT
YoY % growth
IBCP ebit by date.IBCP ebit by date.
N/A
17.14%		N/A
2.11%		N/A
7.57%		97.468M
5.84%		102.9M
5.57%
Operating Margin
IBCP operating margin by date.IBCP operating margin by date.
N/AN/AN/A44.48%43.09%
EPS
YoY % growth
IBCP eps by date.IBCP eps by date.
2.79
-6.06%		3.16
13.26%		3.28
3.80%		3.54
7.90%		3.71
4.88%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.80
8.70%		0.87
7.57%		0.95
12.66%		0.94
6.03%		0.90
11.91%		0.96
10.02%		1.01
6.62%		0.99
4.82%
Revenue
Q2Q % growth		50.952M
16.64%		52.321M
17.27%		57.529M
26.82%		58.349M
25.88%		57.743M
13.33%		59.212M
13.17%		60.481M
5.13%		61.367M
5.17%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		22.37M
8.25%		23.962M
3.86%		26.021M
8.45%		25.988M
9.20%		24.707M
10.45%		26.566M
10.87%		28.069M
7.87%		27.414M
5.49%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

IBCP Yearly Revenue VS EstimatesIBCP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
IBCP Yearly EPS VS EstimatesIBCP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

INDEPENDENT BANK CORP - MICH / IBCP Forecast FAQ

What is the average price target for INDEPENDENT BANK CORP - MICH (IBCP) stock?

10 analysts have analysed IBCP and the average price target is 37.74 USD. This implies a price increase of 12.29% is expected in the next year compared to the current price of 33.61.

Can you provide the upcoming earnings date for INDEPENDENT BANK CORP - MICH?

INDEPENDENT BANK CORP - MICH (IBCP) will report earnings on 2026-04-23.

Can you provide the consensus estimates for INDEPENDENT BANK CORP - MICH next earnings?

The consensus EPS estimate for the next earnings of INDEPENDENT BANK CORP - MICH (IBCP) is 0.8 USD and the consensus revenue estimate is 50.95M USD.

What is the consensus rating for IBCP stock?

The consensus rating for INDEPENDENT BANK CORP - MICH (IBCP) is 50 / 100 . This indicates that analysts generally have a neutral outlook on the stock.