INDEPENDENT BANK CORP - MICH (IBCP) Stock Overview
USA - NASDAQ:IBCP - US4538386099 - Common Stock
IBCP Key Statistics, Chart & Performance
The current stock price of IBCP is 31.88 USD. In the past month the price increased by 2.87%. In the past year, price decreased by -3.1%.
IBCP Latest News, Press Relases and Analysis
IBCP Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 11.87 | 57.09B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.77 | 37.08B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 16.32 | 34.06B | ||
| BBT | BEACON FINANCIAL CORP | 9.79 | 30.95B | ||
| MTB | M & T BANK CORP | 11.26 | 28.26B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 12.84 | 26.79B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 10.94 | 22.82B | ||
| CFG | CITIZENS FINANCIAL GROUP | 14.54 | 22.40B | ||
| RF | REGIONS FINANCIAL CORP | 10.68 | 21.45B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.44 | 14.43B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 8.11311 PERP | 31.09 | 14.27B | ||
| EWBC | EAST WEST BANCORP INC | 11.33 | 14.16B |
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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 stock price of INDEPENDENT BANK CORP - MICH today?
The current stock price of IBCP is 31.88 USD. The price decreased by -1.18% in the last trading session.
Does INDEPENDENT BANK CORP - MICH pay dividends?
INDEPENDENT BANK CORP - MICH (IBCP) has a dividend yield of 3.31%. The yearly dividend amount is currently 0.96.
How is the ChartMill rating for INDEPENDENT BANK CORP - MICH?
IBCP has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
What sector and industry does INDEPENDENT BANK CORP - MICH belong to?
INDEPENDENT BANK CORP - MICH (IBCP) operates in the Financials sector and the Banks industry.
How many employees does INDEPENDENT BANK CORP - MICH have?
INDEPENDENT BANK CORP - MICH (IBCP) currently has 732 employees.
What is the market capitalization of IBCP stock?
INDEPENDENT BANK CORP - MICH (IBCP) has a market capitalization of 660.23M USD. This makes IBCP a Small Cap stock.
IBCP Technical Analysis
ChartMill assigns a technical rating of 3 / 10 to IBCP. When comparing the yearly performance of all stocks, IBCP is a bad performer in the overall market: 63% of all stocks are doing better.
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 3.07. The EPS decreased by -1.6% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 28.98% | ||
| ROA | 1.19% | ||
| ROE | 13.8% | ||
| Debt/Equity | 0.17 |
IBCP Forecast & Estimates
10 analysts have analysed IBCP and the average price target is 36.11 USD. This implies a price increase of 13.26% is expected in the next year compared to the current price of 31.88.
For the next year, analysts expect an EPS growth of 3.72% and a revenue growth 9.1% for IBCP