Independent Bank (IBCP)
NASDAQ:IBCP
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IBCP Stock Chart & Stats
$34.79
$0.02(0.06%)
At close: 4:00 PM EST
$34.79
$0.02(0.06%)
Day’s Range― - ―
52-Week Range$29.63 - $37.39
Previous CloseN/A
Volume13.63K
Average Volume (3M)212.08K
Market Cap
$691.34M
Enterprise Value$729.27M
Total Cash (Recent Filing)$48.48M
Total Debt (Recent Filing)$74.11M
Price to Earnings (P/E)10.2
Beta0.83
Next Earnings
Jul 23, 2026EPS Estimate
0.84Next Dividend Ex-DateN/A
Dividend Yield3.09%
Share Statistics
EPS (TTM)3.38
Shares Outstanding20,606,157
10 Day Avg. Volume316,060
30 Day Avg. Volume212,082
Financial Highlights & Ratios
PEG Ratio3.14
Price to Book (P/B)1.34
Price to Sales (P/S)2.13
P/FCF Ratio9.58
Enterprise Value/Market Cap1.05
Enterprise Value/Revenue2.35
Enterprise Value/Gross Profit3.35
Enterprise Value/Ebitda8.33
Forecast
1Y Price Target
$37.00Price Target Upside6.35% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)3.53
Revenue Forecast (FY)$251.98M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMaterial de-leveraging and rising tangible common equity provide durable capital resilience and regulatory cushion. Lower leverage improves funding flexibility, supports dividend capacity and M&A integration, and reduces insolvency risk during stress, underpinning multi‑month balance‑sheet stability.
Net Interest Income And MarginSustained NII growth and incremental NIM expansion reflect pricing power and lower funding costs, which are core recurring drivers for bank earnings. A structurally healthy margin improves earnings durability across typical rate cycles and funds reinvestment into lending and operations over the coming quarters.
Stable, Low‑Cost Deposit BaseA large core deposit franchise with favorable mix and reduced cost of funds supports organic loan growth without reliance on volatile wholesale funding. That durable funding advantage lowers funding expense, supports margin sustainability, and underpins steady balance‑sheet expansion and liquidity over months.
Bears Say
Weakened Cash GenerationA sharp decline in operating and free cash flow reduces near‑term financial flexibility for capital allocation, merger integration, or unexpected credit losses. Persistently lower cash conversion increases reliance on accrual earnings or external capital, raising risk over the next several quarters.
Softening Revenue TrendA negative top‑line trend limits leverage from scale and compresses long‑run earnings growth potential. If loan mix and fee income fail to accelerate, margin gains may not offset revenue weakness, constraining ability to absorb expense or invest in growth over a multi‑month horizon.
Credit Concentration RiskConcentration in one development loan elevates idiosyncratic credit volatility; adverse resolution could trigger outsized charge‑offs or higher provisioning. This single‑name risk complicates underwriting credibility and could materially affect quarterly credit costs and capital metrics if stress emerges.
Independent Bank News
IBCP FAQ
What was Independent Bank’s price range in the past 12 months?
Independent Bank lowest stock price was $29.63 and its highest was $37.39 in the past 12 months.
What is Independent Bank’s market cap?
Independent Bank’s market cap is $691.34M.
When is Independent Bank’s upcoming earnings report date?
Independent Bank’s upcoming earnings report date is Jul 23, 2026 which is in 70 days.
How were Independent Bank’s earnings last quarter?
Independent Bank released its earnings results on Apr 23, 2026. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.788 by $0.062.
Is Independent Bank overvalued?
According to Wall Street analysts Independent Bank’s price is currently Undervalued.
Does Independent Bank pay dividends?
Independent Bank pays a Quarterly dividend of $0.26 which represents an annual dividend yield of 3.09%. See more information on Independent Bank dividends here
What is Independent Bank’s EPS estimate?
Independent Bank’s EPS estimate is 0.84.
How many shares outstanding does Independent Bank have?
Independent Bank has 20,606,157 shares outstanding.
What happened to Independent Bank’s price movement after its last earnings report?
Independent Bank reported an EPS of $0.85 in its last earnings report, beating expectations of $0.788. Following the earnings report the stock price went down -0.981%.
Which hedge fund is a major shareholder of Independent Bank?
Currently, no hedge funds are holding shares in IBCP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Independent Bank Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$37.00 (6.35% Upside)
$37.00 (6.35% Upside)
Blogger Sentiment
Neutral
IBCP Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 289.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $42.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.81%
12-Months-Change
Fundamentals
Return on Equity
14.15%
Trailing 12-Months
Asset Growth
4.30%
Trailing 12-Months
Company Description
Independent Bank
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
IBCP Company Deck
IBCP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The quarter showed solid profitability, margin expansion, strong commercial loan and deposit growth, and healthy capital and credit metrics. Offsetting negatives include higher-than-expected noninterest expense driven by litigation accruals and nonrecurring items, a modest rise in nonperforming loans concentrated in a single development exposure, and overall loan growth trailing the bank's full-year target. On balance, the positive operating and capital trends outweigh the near-term expense and localized credit challenges.View all IBCP earnings summariesIBCP Stock 12 Month Forecast
Average Price Target
$37.00
▲(6.35% Upside)
Technical Analysis
Eagle Bancorp
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First Community Bancshares
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Southern Missouri Bancorp
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South Plains Financial
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Ownership Overview
2.57% Insiders
20.45% Mutual Funds
6.41% Other Institutional Investors
49.32% Public Companies and
Individual Investors