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Independent Bank ( (IBCP) ) just unveiled an update.
On December 19, 2025, Independent Bank Corporation announced that its board has appointed corporate lawyer Michael G. Wooldridge to the boards of both the holding company and Independent Bank, effective December 16, 2025. Wooldridge, a former partner at Varnum law firm, brings extensive experience in corporate governance, securities, mergers and acquisitions, and capital markets transactions for financial services and manufacturing companies, and has been widely recognized with industry honors. The appointment is expected to strengthen the bank’s governance and strategic capabilities, with leadership highlighting his deep expertise as a valuable asset to the organization and its stakeholders.
The most recent analyst rating on (IBCP) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Independent Bank stock, see the IBCP Stock Forecast page.
Spark’s Take on IBCP Stock
According to Spark, TipRanks’ AI Analyst, IBCP is a Outperform.
Independent Bank’s strong financial performance, positive technical indicators, and reasonable valuation are the primary drivers of its high score. The positive sentiment from the earnings call and strategic corporate events further bolster the stock’s attractiveness. While there are minor concerns regarding nonperforming assets and net interest margin, the overall outlook remains robust.
To see Spark’s full report on IBCP stock, click here.
More about Independent Bank
Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with approximately $5.5 billion in assets, operating a branch network across Michigan’s Lower Peninsula through its state-chartered subsidiary, Independent Bank. Founded in 1864 as First National Bank of Ionia, the institution offers a full range of financial services, including commercial banking, mortgage lending, investments and insurance, with a focus on personal service and support for the communities it serves.
Average Trading Volume: 126,502
Technical Sentiment Signal: Strong Buy
Current Market Cap: $725.3M
Find detailed analytics on IBCP stock on TipRanks’ Stock Analysis page.