Independent Bank Corp (Michigan) (IBCP) Stock Price
Independent Bank Corp (Michigan) Price
Over the last 19 years Independent Bank Corp (Michigan) grew revenue by 1.0% annually, reaching 315.38 M USD. Earnings per share have declined at 7.5% per year over the last 19 years. For Independent Bank Corp (Michigan), the net margin of 21.7% is down versus 30.4% a few years ago. At today's price the dividend yield works out to roughly 2.86%. The payout ratio is around 32% of earnings. The consensus 12-month price target for Independent Bank Corp (Michigan) is 39.50 USD, about 8.7% above where the stock trades today. Of 11 analysts, 7 rate the stock a buy — an overall Buy consensus.
Independent Bank Corp (Michigan) stock price
Access this data via the Eulerpool API
100,000 free requests/mo · no credit card
Independent Bank Corp (Michigan) business model & stock analysis
Frequently asked questions about Independent Bank Corp (Michigan)
The business model of Independent Bank Corp (Michigan) revolves around offering comprehensive banking and financial services to individuals, families, and businesses in the state of Michigan. The company operates as a community bank, delivering a wide range of products including checking and savings accounts, loans and mortgages, investment services, and wealth management solutions. Independent Bank Corp focuses on building strong customer relationships and prides itself on personalized service, ensuring that its clients have access to the tools and resources needed to achieve their financial goals. By serving the local community, Independent Bank Corp (Michigan) aims to foster growth and prosperity for its customers and shareholders.
Independent Bank Corp (Michigan) is primarily active in the banking industry.
The main competitors of Independent Bank Corp (Michigan) in the market include KeyCorp, Huntington Bancshares, and Comerica Incorporated.
Independent Bank Corp (Michigan) is a renowned financial institution with a rich history and strong roots in Michigan. Founded in 1864, Independent Bank Corp (Michigan) has consistently demonstrated its dedication to serving the local community and facilitating economic growth. Over the years, the company has evolved and expanded its offerings, providing a comprehensive range of banking and financial services to individuals, businesses, and communities across Michigan. Independent Bank Corp (Michigan) takes pride in its customer-centric approach, innovative solutions, and commitment to fostering long-term relationships. With a strong focus on community development and a solid reputation for reliability, Independent Bank Corp (Michigan) continues to thrive as a leading financial institution in the state.
Independent Bank Corp (Michigan) has achieved several significant milestones throughout its history. The company has experienced steady growth, expanding its presence and influence in the Michigan market. Independent Bank Corp has consistently demonstrated strong financial performance, achieving record-breaking profitability and shareholder returns. The company has successfully navigated economic downturns, displaying resilience and adaptability. Independent Bank Corp (Michigan) has also received numerous accolades and recognition for its commitment to customer satisfaction and community involvement. These achievements solidify the company's reputation as a trusted and reliable financial institution in the Michigan region.
Independent Bank Corp (Michigan) primarily operates in the United States. As a community-oriented financial institution, Independent Bank Corp (Michigan) focuses on serving the needs of individuals, businesses, and communities across various regions in Michigan. With its headquarters in Ionia, Michigan, this banking corporation has established an extensive presence throughout the state, including key cities like Grand Rapids, Lansing, and Traverse City. By concentrating its operations within Michigan, Independent Bank Corp (Michigan) aims to provide tailored financial solutions and exceptional customer service to local communities, contributing to their growth and economic well-being.
Independent Bank Corp (Michigan) is guided by a strong set of values and a steadfast corporate philosophy. The company values integrity, teamwork, and customer satisfaction, ensuring that all decisions are made with the highest ethical standards. With a focus on community, Independent Bank Corp (Michigan) is committed to supporting local businesses and being an active participant in the growth and prosperity of the communities it serves. The company also prioritizes long-term relationships with its customers, providing personalized financial solutions and exceptional service. Independent Bank Corp (Michigan) is dedicated to delivering superior financial products and services while upholding its core values of integrity, teamwork, and community involvement.
Analysts currently set an average price target of 39.50 USD for the Independent Bank Corp (Michigan) stock (median: 39.50 USD), implying +8.7 % versus the latest price. The consensus is based on 11 analyst ratings.
11 analysts currently rate the Independent Bank Corp (Michigan) stock: 7 recommend buying, 4 holding and 0 selling. For 2026, analysts expect Independent Bank Corp (Michigan) to generate revenue of 257.85 M USD and earnings per share of 3.37 USD.
Converted at the current exchange rate, the Independent Bank Corp (Michigan) share trades at 32.56 EUR (36.33 USD).
The Independent Bank Corp (Michigan) share (IBCP) is listed on 1 stock exchanges, including: NASDAQ (IBCP).
Independent Bank Corp is a diversified financial services company specializing in retail banking. It is headquartered in Michigan and operates over 70 branches in various states across the USA. The company's business model consists of three main divisions: retail banking, commercial lending, and personal banking. Each division offers specialized products and services to meet the needs of customers. In retail banking, Independent Bank Corp offers a wide range of services such as checking accounts, savings accounts, money market accounts, credit cards, and personal loans. It also provides online and mobile banking options and financial advisory services. In commercial lending, the company offers various types of commercial loans to meet the financial needs of small and medium-sized businesses, including lines of credit, commercial mortgages, equipment financing, and loans for the purchase or refinancing of commercial real estate. In personal banking, Independent Bank Corp also offers investment and asset management services to help customers manage and grow their wealth. The company also provides financial advisory services to help customers achieve their financial goals and diversify their investments. Independent Bank Corp also has a range of special products and services to help customers build and protect their wealth, including life insurance, retirement plans, investment funds, and asset management services. The company's business model is based on providing top-notch services and products to meet customer needs. It also emphasizes technology and innovation to make banking services easier and more user-friendly for customers. Independent Bank Corp continuously strives to improve customer satisfaction and strengthen its financial strength. The company also maintains careful risk control to ensure it is on a stable financial footing and can adequately serve its customers. In summary, the business model of Independent Bank Corp is focused on providing customers with the best possible experience to meet their needs. The company focuses on its three main divisions: retail banking, commercial lending, and personal banking. It also offers special products and services to support customers in wealth building and protection. The company relies on technology and innovation to improve its banking services and promotes careful risk control to ensure stability and effective customer service.
The expected revenue of Independent Bank Corp (Michigan) is 257.85 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Independent Bank Corp (Michigan) is 70.24 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Independent Bank Corp (Michigan) is currently 10.78. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Independent Bank Corp (Michigan) stock.
The price-to-sales ratio (P/S) of Independent Bank Corp (Michigan) is currently 2.94. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Independent Bank Corp (Michigan) stock.
The Eulerpool Quality Score for Independent Bank Corp (Michigan) is 6/10.
The ISIN of Independent Bank Corp (Michigan) is US4538386099. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Independent Bank Corp (Michigan) is A1C4BY. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Independent Bank Corp (Michigan) is IBCP. The ticker symbol is used to trade Independent Bank Corp (Michigan) shares on the stock exchange.
Independent Bank Corp (Michigan) stock
Independent Bank Corp (Michigan) Peer Group
Independent Bank Corp (Michigan) Ticker
Independent Bank Corp (Michigan) FIGI
All fundamentals and in-depth analysis of Independent Bank Corp (Michigan)
Our stock analysis for Independent Bank Corp (Michigan) stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Independent Bank Corp (Michigan). If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.