IBCP Key Statistics, Chart & Performance
The current stock price of IBCP is 32.54 USD. In the past month the price decreased by -6.13%. In the past year, price decreased by -4.82%.
IBCP Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 13.22 | 63.57B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.71 | 39.82B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 15.64 | 35.17B | ||
| BBT | BEACON FINANCIAL CORP | 11.46 | 34.16B | ||
| MTB | M & T BANK CORP | 12.88 | 32.15B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 12.24 | 27.51B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 12.25 | 27.54B | ||
| CFG | CITIZENS FINANCIAL GROUP | 16.75 | 25.67B | ||
| RF | REGIONS FINANCIAL CORP | 12.26 | 24.41B | ||
| EWBC | EAST WEST BANCORP INC | 12.62 | 15.75B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.65 | 14.47B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 7.76341 PERP | 30.87 | 14.11B |
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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 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.
Company Info
INDEPENDENT BANK CORP - MICH
4200 E Beltline Ave
Grand Rapids MICHIGAN 49525 US
CEO: William B. Kesse
Employees: 732
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 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.
What is the current price of IBCP stock?
The current stock price of IBCP is 32.54 USD. The price decreased by -0.67% in the last trading session.
Does INDEPENDENT BANK CORP - MICH pay dividends?
INDEPENDENT BANK CORP - MICH (IBCP) has a dividend yield of 3.1%. 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 4 out of 10 and a ChartMill Fundamental rating of 4 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 9.04% 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 673.25M USD. This makes IBCP a Small Cap stock.
IBCP Technical Analysis
ChartMill assigns a technical rating of 4 / 10 to IBCP. When comparing the yearly performance of all stocks, IBCP is a bad performer in the overall market: 62.1% of all stocks are doing better.
IBCP Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to IBCP. There are concerns on the financial health of IBCP while its profitability can be described as average.
IBCP Financial Highlights
Over the last trailing twelve months IBCP reported a non-GAAP Earnings per Share(EPS) of 3.26. The EPS increased by 10.88% 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
10 analysts have analysed IBCP and the average price target is 36.31 USD. This implies a price increase of 11.59% is expected in the next year compared to the current price of 32.54.
For the next year, analysts expect an EPS growth of 4.03% and a revenue growth 9.04% for IBCP