Independent Bank Corp./$IBCP
13:30
15:10
16:45
18:25
20:00
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About Independent Bank Corp.
Independent Bank Corp (Ionia MI) operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers.
Ticker
$IBCP
Sector
Primary listing
Industry
Banks
Headquarters
Employees
783
Website
IBCP Metrics
BasicAdvanced
$633M
9.98
$3.06
0.82
$1.00
3.40%
Price and volume
Market cap
$633M
Beta
0.82
52-week high
$34.72
52-week low
$26.75
Average daily volume
81K
Dividend rate
$1.00
Financial strength
Profitability
Net profit margin (TTM)
29.77%
Operating margin (TTM)
37.99%
Effective tax rate (TTM)
18.94%
Revenue per employee (TTM)
$280,000
Management effectiveness
Return on assets (TTM)
1.21%
Return on equity (TTM)
14.39%
Valuation
Price to earnings (TTM)
9.983
Price to revenue (TTM)
2.927
Price to book
1.35
Price to tangible book (TTM)
1.44
Dividend yield (TTM)
3.27%
Forward dividend yield
3.40%
Growth
Revenue change (TTM)
2.56%
Earnings per share change (TTM)
-1.94%
3-year revenue growth (CAGR)
1.92%
3-year earnings per share growth (CAGR)
3.42%
10-year earnings per share growth (CAGR)
14.65%
3-year dividend per share growth (CAGR)
5.16%
10-year dividend per share growth (CAGR)
15.34%
Bulls say / Bears say
Independent Bank Corp. has consistently increased its quarterly cash dividend, with an 8% rise to 26 cents per share announced in January 2025, marking the twelfth consecutive annual increase. (stocktitan.net)
The company has demonstrated strong financial performance, surpassing earnings and revenue estimates in both Q3 and Q4 of 2024. (nasdaq.com)
Analysts have shown confidence in the stock, with upgrades such as the Zacks Rank #1 (Strong Buy) in September 2024, indicating positive earnings outlook. (nasdaq.com)
Executive Vice President Daniel Larry R Jr. sold 3,851 shares valued at $150,766 in November 2024, which could be perceived as a lack of confidence in the company's future performance. (investing.com)
The company's net income decreased in Q3 2024 compared to the previous year, with $42.9 million reported, down from $50 million in Q4 2024. (timesunion.com)
Analysts have adjusted price targets downward, with Piper Sandler reducing its target to $37.00 and DA Davidson to $36.00, reflecting cautious sentiment. (investing.com)
Data summarised monthly by Lightyear AI. Last updated on 9 Jul 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
Aug5
Independent Bank Corp.
Dividend·Ex-dividend
Aug15
Independent Bank Corp.
Dividend·Payment
$0.26Per share
FAQs
What’s the current market cap for Independent Bank Corp. stock?
Independent Bank Corp. (IBCP) has a market cap of $633M as of August 01, 2025.
What is the P/E ratio for Independent Bank Corp. stock?
The price to earnings (P/E) ratio for Independent Bank Corp. (IBCP) stock is 9.98 as of August 01, 2025.
Does Independent Bank Corp. stock pay dividends?
Yes, the Independent Bank Corp. (IBCP) stock pays dividends to shareholders. As of August 01, 2025, the dividend rate is $1 and the yield is 3.4%. Independent Bank Corp. has a payout ratio of 0% on a trailing twelve-month basis.
When is the next Independent Bank Corp. dividend payment date?
The next Independent Bank Corp. (IBCP) dividend payment is scheduled for August 15, 2025.
What is the beta indicator for Independent Bank Corp.?
Independent Bank Corp. (IBCP) has a beta rating of 0.82. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.