The current stock price of IBCP is 36.73 USD. In the past month the price increased by 11.95%. In the past year, price increased by 1.38%.
ChartMill assigns a technical rating of 8 / 10 to IBCP. When comparing the yearly performance of all stocks, IBCP turns out to be only a medium performer in the overall market: it outperformed 67.91% of all stocks.
ChartMill assigns a fundamental rating of 5 / 10 to IBCP. IBCP has an average financial health and profitability rating.
Over the last trailing twelve months IBCP reported a non-GAAP Earnings per Share(EPS) of 3.28. The EPS increased by 3.8% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 29.84% | ||
| ROA | 1.25% | ||
| ROE | 13.94% | ||
| Debt/Equity | 0.08 |
10 analysts have analysed IBCP and the average price target is 36.31 USD. This implies a price decrease of -1.14% is expected in the next year compared to the current price of 36.73.
For the next year, analysts expect an EPS growth of 5.71% and a revenue growth 13.15% for IBCP
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 12.2 | 69.118B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 14.98 | 39.839B | ||
| BBT | BEACON FINANCIAL CORP | 8.38 | 37.61B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 13.34 | 35.484B | ||
| MTB | M & T BANK CORP | 12.27 | 35.06B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 11.25 | 28.912B | ||
| CFG | CITIZENS FINANCIAL GROUP | 13.09 | 28.334B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 10.32 | 27.435B | ||
| RF | REGIONS FINANCIAL CORP | 11.36 | 26.157B | ||
| EWBC | EAST WEST BANCORP INC | 11.37 | 15.786B |
View all stocks in the Regional Banks Industry | View all stocks in the Financials Sector | View all stocks on the Nasdaq Exchange | Find stocks with similar TA and Setup ratings on the USA exchanges | Find stocks with similar Fundamental rating on the USA exchanges | Find the competitors with the best technical ratings on the USA exchanges | Find the competitors with the best fundamentals on the USA exchanges | Find the competitors with the best valuation on the USA exchanges | Find the competitors with the best dividend on the USA exchanges | Find the competitors with the best analyst ratings on the USA exchanges
Independent Bank Corp. operates as a bank holding company, which engages in the provision of financial services. The company is headquartered in Grand Rapids, Michigan and currently employs 732 full-time employees. The Bank is a state-chartered commercial bank which provides a variety of banking, investment and financial services through its retail branches, commercial banking centers, investment management offices, and mortgage lending centers located throughout Eastern Massachusetts as well as in Worcester County and Rhode Island. The company also offers a full suite of mobile, online, and telephone banking services. The Bank’s borrowers primarily consist of small-to-upper middle market-sized businesses and consumers. Its loan portfolio includes commercial loans, consumer loans, and other consumer loans, primarily consisting of investment management secured lines of credit, installment loans and overdraft protection lines. The commercial loans consist of commercial real estate loans, construction loans, commercial and industrial loans, and small business loans.
INDEPENDENT BANK CORP - MICH
4200 E Beltline Ave
Grand Rapids MICHIGAN 49525 US
CEO: William B. Kesse
Employees: 732
Phone: 18003550641
Independent Bank Corp. operates as a bank holding company, which engages in the provision of financial services. The company is headquartered in Grand Rapids, Michigan and currently employs 732 full-time employees. The Bank is a state-chartered commercial bank which provides a variety of banking, investment and financial services through its retail branches, commercial banking centers, investment management offices, and mortgage lending centers located throughout Eastern Massachusetts as well as in Worcester County and Rhode Island. The company also offers a full suite of mobile, online, and telephone banking services. The Bank’s borrowers primarily consist of small-to-upper middle market-sized businesses and consumers. Its loan portfolio includes commercial loans, consumer loans, and other consumer loans, primarily consisting of investment management secured lines of credit, installment loans and overdraft protection lines. The commercial loans consist of commercial real estate loans, construction loans, commercial and industrial loans, and small business loans.
The current stock price of IBCP is 36.73 USD. The price increased by 1.13% in the last trading session.
INDEPENDENT BANK CORP - MICH (IBCP) has a dividend yield of 3.21%. The yearly dividend amount is currently 0.96.
IBCP has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
IBCP stock is listed on the Nasdaq exchange.
The Revenue of INDEPENDENT BANK CORP - MICH (IBCP) is expected to grow by 13.15% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
INDEPENDENT BANK CORP - MICH (IBCP) has a market capitalization of 759.94M USD. This makes IBCP a Small Cap stock.