IBCP - Independent Bank Corp-MI Stock Price, Fair Value and News

$35.14+0.16 (+0.46%)

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IBCP Price Action

Last 7 days

-7.4%

Last 30 days

-5.2%

Last 90 days

3.6%

Trailing 12 Months

35.4%

IBCP RSI Chart

IBCP Valuation

Market Cap

734.2M

Price/Earnings (Trailing)

11.83

Price/Sales (Trailing)

2.77

EV/EBITDA

2.43

Price/Free Cashflow

12.63

IBCP Price/Sales (Trailing)

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Risk

Balance Sheet

Momentum

Funds Popularity

Insider Trading

IBCP Fundamentals

IBCP Revenue

Revenue (TTM)

265.2M

Rev. Growth (Yr)

9.45%

Rev. Growth (Qtr)

3.01%

IBCP Earnings

Earnings (TTM)

62.1M

Earnings Growth (Yr)

-21.28%

Earnings Growth (Qtr)

-25.46%

IBCP Profitability

EBT Margin

29.50%

Return on Equity

13.72%

Return on Assets

1.18%

Free Cashflow Yield

7.92%

IBCP Investor Care

Dividend Yield

2.7%

Dividend/Share (TTM)

0.95

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

2.94

IBCP Alerts

2 major insider buys and 1 major insider sales recently.

Revenue & Growth

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	250.9M	259.3M	265.2M	0
2023	188.2M	207.8M	225.3M	239.7M
2022	140.3M	145.2M	154.3M	169.0M
2021	136.8M	136.5M	137.3M	138.1M
2020	147.9M	144.1M	141.3M	139.8M
2019	140.6M	145.1M	148.4M	148.9M
2018	101.7M	111.3M	120.4M	130.8M
2017	88.5M	90.8M	94.4M	98.3M
2016	82.6M	83.8M	85.2M	86.5M
2015	79.8M	79.6M	79.8M	80.8M
2014	85.5M	83.9M	82.2M	80.6M
2013	96.3M	93.3M	90.2M	87.1M
2012	109.7M	105.9M	0	99.4M
2011	138.3M	129.0M	121.5M	114.8M
2010	0	175.7M	162.3M	148.9M
2009	0	0	0	189.1M

Get all data in R, Python etc through our Historical Stock Data APIs

About Independent Bank Corp-MI

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

CEO	Mr. William Bradford Kessel CPA, CPA
WEBSITE	independentbank.com
SECTOR	Financial Services
INDUSTRY	Banks Regional
EMPLOYEES	803

Independent Bank Corp-MI Frequently Asked Questions

What is the ticker symbol for Independent Bank Corp-MI? What does IBCP stand for in stocks?

IBCP is the stock ticker symbol of Independent Bank Corp-MI. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Independent Bank Corp-MI (IBCP)?

As of Fri Dec 20 2024, market cap of Independent Bank Corp-MI is 734.22 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IBCP stock?

You can check IBCP's fair value in chart for subscribers.

Is Independent Bank Corp-MI a good stock to buy?

The fair value guage provides a quick view whether IBCP is over valued or under valued. Whether Independent Bank Corp-MI is cheap or expensive depends on the assumptions which impact Independent Bank Corp-MI's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IBCP.

What is Independent Bank Corp-MI's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 20 2024, IBCP's PE ratio (Price to Earnings) is 11.83 and Price to Sales (PS) ratio is 2.77. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IBCP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Independent Bank Corp-MI's stock?

In the past 10 years, Independent Bank Corp-MI has provided 0.105 (multiply by 100 for percentage) rate of return.