Independent Bank Corporation (IBCP)

Currency in USD
30.09
-0.46(-1.51%)
Closed·
After Hours
30.090.00(0.00%)
·
IBCP Scorecard
Full Analysis
Has raised its dividend for 11 consecutive years
IBCP is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
29.8330.57
52 wk Range
26.7540.32
Key Statistics
Prev. Close
30.09
Open
30.28
Day's Range
29.83-30.57
52 wk Range
26.75-40.32
Volume
136.05K
Average Volume (3m)
74.57K
1-Year Change
-8.23%
Book Value / Share
22.65
Fair Value
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Fair Value Upside
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IBCP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
35.40
Upside
+17.65%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings upwards for the upcoming period
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Independent Bank Corporation Company Profile

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Sector
Financial
Employees
783

Independent Bank Corporation Earnings Call Summary for Q2/2025

  • Q2 2025 EPS of $0.81 beat forecast, but revenue of $54.44M missed expectations, causing a 3.69% stock decline
  • Net income decreased to $16.9M from $18.5M YoY, with focus on AI integration and commercial banking expansion
  • Management forecasts low double-digit commercial loan growth and margin expansion, exploring M&A opportunities
  • CEO emphasizes organic growth and AI implementation, with 'several dozen AI use cases' across the company
  • Analysts concerned about margin outlook amid potential rate cuts and competitive pressures in mortgage loan sales
Last Updated: 24/07/2025, 17:50
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Compare IBCP to Peers and Sector

Metrics to compare
IBCP
Peers
Sector
Relationship
P/E Ratio
9.6x0.0x9.5x
PEG Ratio
−4.970.000.03
Price/Book
1.3x0.0x1.0x
Price / LTM Sales
2.9x0.0x2.8x
Upside (Analyst Target)
16.3%0.0%14.3%
Fair Value Upside
Unlock0.0%2.3%Unlock

Analyst Ratings

0 Buy
5 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 35.40
(+17.65% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.11%
Dividend Yield
3.46%
Industry Median 3.46%
Annualised payout
1.04
Paid quarterly
5-Years Growth
+5.64%
Growth Streak

Earnings

Latest Release
Jul 24, 2025
EPS / Forecast
0.81 / 0.79
Revenue / Forecast
54.44M / 57.11M
EPS Revisions
Last 90 days

IBCP Income Statement

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FAQ

What Stock Exchange Does Independent Bank Corp Trade On?

Independent Bank Corp is listed and trades on the Nasdaq Stock Exchange stock exchange.

What Is the Stock Symbol for Independent Bank Corp?

The stock symbol for Independent Bank Corp is "IBCP."

What Is the Independent Bank Corp Market Cap?

As of today, Independent Bank Corp market cap is 623.33M.

What Is Independent Bank Corp's Earnings Per Share (TTM)?

The Independent Bank Corp EPS (TTM) is 3.11.

When Is the Next Independent Bank Corp Earnings Date?

Independent Bank Corp will release its next earnings report on 27 Oct 2025.

From a Technical Analysis Perspective, Is IBCP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Independent Bank Corp Stock Split?

Independent Bank Corp has split 15 times.

How Many Employees Does Independent Bank Corp Have?

Independent Bank Corp has 783 employees.

What is the current trading status of Independent Bank Corp (IBCP)?

As of 04 Aug 2025, Independent Bank Corp (IBCP) is trading at a price of 30.09, with a previous close of 30.09. The stock has fluctuated within a day range of 29.83 to 30.57, while its 52-week range spans from 26.75 to 40.32.
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