INDEPENDENT BANK CORP - MICH (IBCP) Stock Price, Quote, News and Overview
NASDAQ:IBCP - Nasdaq - US4538386099 - Common Stock - Currency: USD
IBCP Quote, Performance and Key Statistics
30.84
-0.23 (-0.74%)
The current stock price of IBCP is 30.84 USD. In the past month the price decreased by -0.87%. In the past year, price increased by 27.23%.
IBCP Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 10.83 | 51.90B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 19.04 | 36.34B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 16.58 | 31.65B | ||
| MTB | M & T BANK CORP | 12.05 | 28.88B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 13.2 | 25.19B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 12.02 | 22.93B | ||
| RF | REGIONS FINANCIAL CORP | 10.06 | 19.17B | ||
| CFG | CITIZENS FINANCIAL GROUP | 12.78 | 17.62B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 40.44 | 14.05B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP | 40.32 | 14.01B | ||
| VLYPO | VALLEY NATIONAL BANCORP - VLY 8.43172 PERP | 40.24 | 13.98B | ||
| EWBC | EAST WEST BANCORP INC | 10.99 | 12.62B |
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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: 783
Phone: 18003550641
INDEPENDENT BANK CORP - MICH / IBCP FAQ
What is the stock price of INDEPENDENT BANK CORP - MICH today?
The current stock price of IBCP is 30.84 USD. The price decreased by -0.74% in the last trading session.
What is the ticker symbol for INDEPENDENT BANK CORP - MICH stock?
The exchange symbol of INDEPENDENT BANK CORP - MICH is IBCP and it is listed on the Nasdaq exchange.
On which exchange is IBCP stock listed?
IBCP stock is listed on the Nasdaq exchange.
What is the price forecast or stock price prediction for INDEPENDENT BANK CORP - MICH stock?
10 analysts have analysed IBCP and the average price target is 35.09 USD. This implies a price increase of 13.77% is expected in the next year compared to the current price of 30.84. Check the INDEPENDENT BANK CORP - MICH stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is INDEPENDENT BANK CORP - MICH worth?
INDEPENDENT BANK CORP - MICH (IBCP) has a market capitalization of 639.00M USD. This makes IBCP a Small Cap stock.
How many employees does INDEPENDENT BANK CORP - MICH have?
INDEPENDENT BANK CORP - MICH (IBCP) currently has 783 employees.
What are the support and resistance levels for INDEPENDENT BANK CORP - MICH (IBCP) stock?
INDEPENDENT BANK CORP - MICH (IBCP) has a support level at 29.3 and a resistance level at 31.47. Check the full technical report for a detailed analysis of IBCP support and resistance levels.
Is INDEPENDENT BANK CORP - MICH (IBCP) expected to grow?
The Revenue of INDEPENDENT BANK CORP - MICH (IBCP) is expected to grow by 8.8% in the next year. Check the estimates tab for more information on the IBCP EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy INDEPENDENT BANK CORP - MICH (IBCP) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of IBCP, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of IBCP, evaluating the profitability, health, valuation and growth aspects
- INDEPENDENT BANK CORP - MICH (IBCP) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- INDEPENDENT BANK CORP - MICH (IBCP) Sales and EPS estimates to see what analysts future expectations are.
- INDEPENDENT BANK CORP - MICH (IBCP) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- INDEPENDENT BANK CORP - MICH (IBCP) Insider and Institutional Ownership to learn about the owners and their transactions.
- INDEPENDENT BANK CORP - MICH (IBCP) Stock Chart to make your own analysis
- INDEPENDENT BANK CORP - MICH (IBCP) Latest news and press-releases to stay up to date.
Does INDEPENDENT BANK CORP - MICH (IBCP) stock pay dividends?
INDEPENDENT BANK CORP - MICH (IBCP) has a dividend yield of 3.28%. The yearly dividend amount is currently 0.96. Check the full fundamental report for a detailed analysis of IBCP dividend history, reliability and sustainability.
When does INDEPENDENT BANK CORP - MICH (IBCP) report earnings?
INDEPENDENT BANK CORP - MICH (IBCP) will report earnings on 2025-07-23, before the market open.
What is the Price/Earnings (PE) ratio of INDEPENDENT BANK CORP - MICH (IBCP)?
The PE ratio for INDEPENDENT BANK CORP - MICH (IBCP) is 9.82. This is based on the reported non-GAAP earnings per share of 3.14 and the current share price of 30.84 USD. Check the full fundamental report for a full analysis of the valuation metrics for IBCP.
What is the Short Interest ratio of INDEPENDENT BANK CORP - MICH (IBCP) stock?
The outstanding short interest for INDEPENDENT BANK CORP - MICH (IBCP) is 1.11% of its float. Check the ownership tab for more information on the IBCP short interest.
IBCP Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to IBCP. When comparing the yearly performance of all stocks, IBCP is one of the better performing stocks in the market, outperforming 79.87% of all stocks.
IBCP Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to IBCP. IBCP has a medium profitability rating, but doesn't score so well on its financial health evaluation.
IBCP Financial Highlights
Over the last trailing twelve months IBCP reported a non-GAAP Earnings per Share(EPS) of 3.14. The EPS increased by 6.8% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 29.65% | ||
| ROA | 1.25% | ||
| ROE | 14.21% | ||
| Debt/Equity | 0.17 |
IBCP Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 50% to IBCP. The Buy consensus is the average rating of analysts ratings from 10 analysts.
For the next year, analysts expect an EPS growth of 2.76% and a revenue growth 8.8% for IBCP