INDEPENDENT BANK CORP - MICH (IBCP) Stock Price, Forecast & Analysis
NASDAQ:IBCP • US4538386099
IBCP Key Statistics, Chart & Performance
The current stock price of IBCP is 36.63 USD. In the past month the price increased by 8.18%. In the past year, price increased by 4.33%.
IBCP Technical Analysis
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 67.86% of all stocks.
IBCP Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to IBCP. IBCP has only an average score on both its financial health and profitability.
IBCP Financial Highlights
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 |
IBCP Forecast & Estimates
9 analysts have analysed IBCP and the average price target is 38.25 USD. This implies a price increase of 4.42% is expected in the next year compared to the current price of 36.63.
For the next year, analysts expect an EPS growth of 8.13% and a revenue growth 14.39% for IBCP
IBCP Ownership
IBCP Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 11.43 | 65.522B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 15.46 | 51.657B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 13.95 | 46.623B | ||
| BBT | BEACON FINANCIAL CORP | 8.42 | 38.733B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 10.76 | 35.967B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 10.48 | 35.033B | ||
| MTB | M & T BANK CORP | 12.05 | 34.727B | ||
| CFG | CITIZENS FINANCIAL GROUP | 12.59 | 27.943B | ||
| RF | REGIONS FINANCIAL CORP | 11.1 | 25.814B | ||
| EWBC | EAST WEST BANCORP INC | 11.28 | 16.212B |
Related stock screener links
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About IBCP
Company Profile
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. 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.
Company Info
INDEPENDENT BANK CORP - MICH
4200 E Beltline Ave
Grand Rapids MICHIGAN 49525 US
CEO: William B. Kesse
Employees: 783
Phone: 18003550641
INDEPENDENT BANK CORP - MICH / IBCP FAQ
What does INDEPENDENT BANK CORP - MICH do?
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. 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.
What is the current price of IBCP stock?
The current stock price of IBCP is 36.63 USD. The price increased by 2.01% in the last trading session.
Does INDEPENDENT BANK CORP - MICH pay dividends?
INDEPENDENT BANK CORP - MICH (IBCP) has a dividend yield of 3.12%. The yearly dividend amount is currently 0.96.
What is the ChartMill rating of INDEPENDENT BANK CORP - MICH stock?
IBCP has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
Which stock exchange lists IBCP stock?
IBCP stock is listed on the Nasdaq exchange.
Can you provide the growth outlook for INDEPENDENT BANK CORP - MICH?
The Revenue of INDEPENDENT BANK CORP - MICH (IBCP) is expected to grow by 14.39% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
What is the market capitalization of IBCP stock?
INDEPENDENT BANK CORP - MICH (IBCP) has a market capitalization of 752.75M USD. This makes IBCP a Small Cap stock.