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Independent Bank Corporation (IBCP)

36.57 -0.53 (-1.43%)
At close: October 30 at 4:00:01 PM EDT
36.57 0.00 (0.00%)
After hours: October 30 at 4:00:16 PM EDT
Trade IBCP on Coinbase
Dividend
IBCP announced a cash dividend of $0.28 with an ex-date of Nov. 3, 2026
Chart Range Bar
Loading chart for IBCP
  • Previous Close 37.10
  • Open 37.10
  • Bid 26.64 x 200
  • Ask 47.19 x 200
  • Day's Range 36.49 - 37.15
  • 52 Week Range 29.83 - 39.24
  • Volume 126,983
  • Avg. Volume 190,359
  • Market Cap (intraday) 807.519M
  • Beta (5Y Monthly) 0.73
  • PE Ratio (TTM) 10.76
  • EPS (TTM) 3.40
  • Earnings Date (est.) Jan 21, 2027
  • Forward Dividend & Yield 1.12 (3.06%)
  • 1y Target Est 41.20
  • Zacks Rating Neutral

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.

www.independentbank.com

735

Full Time Employees

December 31

Fiscal Year Ends

Banks - Regional

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

IBCP
15.08%
S&P 500 (^GSPC)
10.73%

1-Year Return

IBCP
21.76%
S&P 500 (^GSPC)
11.11%

3-Year Return

IBCP
106.23%
S&P 500 (^GSPC)
81.91%

5-Year Return

IBCP
95.62%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 55.26M
Earnings 17.85M
Profit Margin 32.30%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
10M
20M
30M
40M
50M
34.0%
36.0%
38.0%
40.0%

Analyst Insights

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Analyst Price Targets

38.00
41.20 Average
36.57 Current
43.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/29/2026
Analyst Piper Sandler
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 42 -> 43

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    29.83%

  • Return on Assets (ttm)

    1.23%

  • Return on Equity (ttm)

    13.50%

  • Revenue (ttm)

    241.71M

  • Net Income Avi to Common (ttm)

    72.1M

  • Diluted EPS (ttm)

    3.40

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    182.56M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Company Insights

Research Reports

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