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Independent Bank Corp (Michigan)

IBCP
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31.970USD

+0.780+2.50%
Close 09/18, 16:00ETQuotes delayed by 15 min
662.28MMarket Cap
10.23P/E TTM

Independent Bank Corp (Michigan)

31.970

+0.780+2.50%
Intraday
1m
30m
1h
D
W
M
D

Today

+2.50%

5 Days

-0.62%

1 Month

+1.88%

6 Months

+3.06%

Year to Date

-8.21%

1 Year

-6.79%

View Detailed Chart

TradingKey Stock Score

Currency: USD Updated: 2025-09-18

Key Insights

The company's fundamentals are relatively healthy. Its valuation is considered overvalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Industry Ranking
89 / 400
Overall Ranking
183 / 4721
Industry
Banking Services

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 5 analysts
Hold
Current Rating
35.400
Target Price
+13.50%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Company Highlights

StrengthsRisks
Independent Bank Corporation is a bank holding company for Independent Bank (the Bank). The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. 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. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of 56 branches, two drive-thru facilities, and five Michigan-based loan production offices. It also has one loan production facility in Ohio (Fairlawn). The bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it also provides Internet and mobile banking capabilities to its customers.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 30.01%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 30.01%.
Fairly Valued
The company’s latest PB is 1.41, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 18.68M shares, decreasing 3.56% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 1.35M shares of this stock.

News

More news coming soon, stay tuned...

Financial Indicators

EPS

No Data

Total revenue

No Data

Company

Independent Bank Corporation is a bank holding company for Independent Bank (the Bank). The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. 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. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of 56 branches, two drive-thru facilities, and five Michigan-based loan production offices. It also has one loan production facility in Ohio (Fairlawn). The bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it also provides Internet and mobile banking capabilities to its customers.
Ticker SymbolIBCP
CompanyIndependent Bank Corp (Michigan)
CEOMr. William Bradford (Brad) Kessel, CPA
Websitehttps://ir.independentbank.com/
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