IBCP

Independent Bank Corporation
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$723.89M
P/E Ratio
10.71
EPS
$3.28
Beta
0.70
52W High
$39.17
52W Low
$28.83
50-Day MA
$34.42
200-Day MA
$33.54
Dividend Yield
2.96%
Profit Margin
31.10%
Forward P/E
12.05
PEG Ratio
1.40

About Independent Bank Corporation

Independent Bank Corporation is the bank holding company of Independent Bank providing various banking services to individuals and businesses. The company is headquartered in Grand Rapids, Michigan.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$224.68M
Gross Profit (TTM)$224.68M
EBITDA
Operating Margin39.00%
Return on Equity14.30%
Return on Assets1.28%
Revenue/Share (TTM)$10.87
Book Value$24.80
Price-to-Book1.46
Price-to-Sales (TTM)3.22
EV/Revenue3.631
EV/EBITDA
Quarterly Earnings Growth (YoY)9.50%
Quarterly Revenue Growth (YoY)9.70%
Shares Outstanding$20.61M
Float$20.05M
% Insiders4.99%
% Institutions87.25%

Historical Volatility

HV 10-Day
20.12%
HV 20-Day
20.92%
HV 30-Day
22.90%
HV 60-Day
22.26%
HV Rank
29.0%

Volatility is currently contracting

Analyst Ratings

Consensus ($37.30 target)
5
Hold

Latest News

Independent Bank Corporation Announces Date for Its Second Quarter 2026 Earnings Release

GRAND RAPIDS, Mich., July 06, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), a Michigan-based bank holding company, announced that it expects to issue its 2026 second quarter results on Thursday, July 23, 2026, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website.

GlobeNewsWire7/6/2026Neutral
Independent Bank Corporation Announces Completion of the HCB Financial Corp. and Highpoint Community Bank Acquisition

GRAND RAPIDS, Mich., and HASTINGS, Mich., July 01, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the parent company of Independent Bank, with total assets of approximately $5.6 billion, today announced that it has completed its previously announced acquisition of HCB Financial Corp., the parent company of Highpoint Community Bank, with total assets of approximately $597 million, which has merged with and into Independent Bank Corporation.

GlobeNewsWire7/1/2026Neutral
Independent Bank Corporation Announces Shareholder Approval to Acquire HCB Financial Corp. and Highpoint Community Bank

GRAND RAPIDS, Mich., and HASTINGS, Mich., June 18, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the parent company of Independent Bank, with total assets of approximately $5.5 billion, and HCB Financial Corp. (“HCB”), the parent company of Highpoint Community Bank, with total assets of approximately $590 million, previously announced the signing of a definitive merger agreement on March 18, 2026 for IBCP to acquire HCB.

GlobeNewsWire6/18/2026Neutral
Independent Bank (IBCP) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Zacks Investment Research5/13/2026Positive
Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Zacks Investment Research4/27/2026Neutral

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Data last updated: 7/9/2026