Independent Bank Corporation (IBCP)
- Previous Close
25.12 - Open
25.66 - Bid 25.07 x 100
- Ask 25.26 x 100
- Day's Range
25.00 - 25.66 - 52 Week Range
14.90 - 27.39 - Volume
152,824 - Avg. Volume
75,927 - Market Cap (intraday)
526.191M - Beta (5Y Monthly) 0.98
- PE Ratio (TTM)
9.02 - EPS (TTM)
2.79 - Earnings Date Jul 23, 2024 - Jul 29, 2024
- Forward Dividend & Yield 0.96 (3.82%)
- Ex-Dividend Date May 2, 2024
- 1y Target Est
26.75
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services, as well as automatic teller machines, and internet and mobile banking services. In addition, it operates through branches, drive-thru facilities, and loan production offices. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
www.independentbank.com741
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: IBCP
Performance Overview: IBCP
Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: IBCP
Valuation Measures
Market Cap
526.19M
Enterprise Value
--
Trailing P/E
9.02
Forward P/E
9.18
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.66
Price/Book (mrq)
1.30
Enterprise Value/Revenue
--
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
29.42%
Return on Assets (ttm)
1.15%
Return on Equity (ttm)
15.71%
Revenue (ttm)
200.8M
Net Income Avi to Common (ttm)
59.07M
Diluted EPS (ttm)
2.79
Balance Sheet and Cash Flow
Total Cash (mrq)
208.16M
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
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