NASDAQ:IBCP - Nasdaq - US4538386099 - Common Stock - Currency: USD
INDEPENDENT BANK CORP - MICH
NASDAQ:IBCP (1/27/2025, 11:43:19 AM)
35.77
+0.17 (+0.48%)
The current stock price of IBCP is 35.77 USD. In the past month the price increased by 1.48%. In the past year, price increased by 37.77%.
Fourth Quarter Highlights Highlights for the fourth quarter of 2024 include: An increase in net interest income of $1.0 million (2.4%) over the third...
GRAND RAPIDS, Mich., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a...
GRAND RAPIDS, Mich., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a...
GRAND RAPIDS, Mich., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a...
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
TFC | TRUIST FINANCIAL CORP | 13.02 | 62.75B | ||
HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 20.58 | 37.38B | ||
HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 18.61 | 33.79B | ||
MTB | M & T BANK CORP | 12.89 | 33.21B | ||
HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 14.85 | 26.96B | ||
HBAN | HUNTINGTON BANCSHARES INC | 13.76 | 24.99B | ||
RF | REGIONS FINANCIAL CORP | 12.01 | 22.26B | ||
CFG | CITIZENS FINANCIAL GROUP | 15.53 | 20.88B | ||
VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 41.02 | 14.43B | ||
EWBC | EAST WEST BANCORP INC | 12.39 | 14.29B | ||
VLYPO | VALLEY NATIONAL BANCORP - VLY 8.43172 PERP | 40.05 | 14.09B | ||
VLYPP | VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP | 39.78 | 13.99B |
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 741 full-time employees. The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. The company offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of 56 branches, two drive-thru facilities, and five Michigan-based loan production offices. The company also has one loan production facility in Ohio (Fairlawn). The bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it also provides Internet and mobile banking capabilities to its customers.
INDEPENDENT BANK CORP - MICH
4200 E Beltline Ave
Grand Rapids MICHIGAN 49525 US
CEO: William B. Kesse
Employees: 787
Company Website: https://ir.independentbank.com/
Investor Relations: https://ir.independentbank.com
Phone: 18003550641
The current stock price of IBCP is 35.77 USD.
The exchange symbol of INDEPENDENT BANK CORP - MICH is IBCP and it is listed on the Nasdaq exchange.
IBCP stock is listed on the Nasdaq exchange.
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for IBCP, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of IBCP.
IBCP has a dividend yield of 2.92%. The yearly dividend amount is currently 0.92.
The PE ratio for IBCP is 11.32. This is based on the reported non-GAAP earnings per share of 3.16 and the current share price of 35.77 USD.
The outstanding short interest for IBCP is 0.44% of its float.
ChartMill assigns a technical rating of 5 / 10 to IBCP. When comparing the yearly performance of all stocks, IBCP is one of the better performing stocks in the market, outperforming 83.39% of all stocks.
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.
Over the last trailing twelve months IBCP reported a non-GAAP Earnings per Share(EPS) of 3.16. The EPS increased by 13.04% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 29.26% | ||
ROA | 1.18% | ||
ROE | 13.72% | ||
Debt/Equity | 0.18 |
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 -0.31% and a revenue growth 6.01% for IBCP