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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 - $39.17
Previous CloseN/A
Volume13.63K
Average Volume (3M)212.08K
Market Cap
$746.56M
Enterprise Value$731.81M
Total Cash (Recent Filing)$48.48M
Total Debt (Recent Filing)$74.11M
Price to Earnings (P/E)10.7
Beta0.79
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 Ratio3.15
Price to Book (P/B)1.34
Price to Sales (P/S)2.13
P/FCF Ratio9.58
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue2.36
Enterprise Value/Gross Profit3.36
Enterprise Value/Ebitda7.93
Forecast
1Y Price Target
$37.00Price Target Upside6.35% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)3.53
Revenue Forecast (FY)$253.78M
Bulls Say, Bears Say
Bulls Say
Strengthened Balance Sheet (lower Leverage)Independent Bank’s dramatic decline in leverage (debt-to-equity ~0.13 TTM) and rising equity provide durable capital resilience. Stronger capital supports lending capacity, dividend support, regulatory flexibility and makes the bank better able to absorb shocks or to pursue organic growth and acquisitions over the next 2–6 months.
NIM Expansion And Lower Funding CostsSustained net interest margin expansion and a lower cost of funds are structural profit drivers for a regional bank. NII growth and a 1.54% funding cost improve core earnings durability, providing recurring tailwinds to net income even if loan growth moderates and helping sustain return metrics over the medium term.
Regulatory Approvals Secured For HCB AcquisitionRegulatory clearance and shareholder approval for the HCB deal materially increase scale and franchise reach by adding ~$590M of assets. The transaction can generate lasting scale advantages, broader customer relationships and cost-efficiency gains once integrated, enhancing medium‑term competitive positioning.
Bears Say
Weaker Cash GenerationA sharp step-down in operating and free cash flow reduces near-term financial flexibility. Lower cash conversion constrains the bank’s ability to self-fund growth, cover unexpected credit losses or absorb integration costs, increasing reliance on capital or slower organic initiatives over the next several quarters.
Elevated Noninterest Expense And Phased Deal SavingsNoninterest expense running above guidance—driven by litigation accruals, nonrecurring charges and phased merger savings—creates persistent near-term margin pressure. With cost saves phased (50% year one), efficiency improvement will lag, constraining earnings leverage and ROI until synergies are fully realized.
Concentrated Credit Exposure In Development LoanA single $20M commercial development exposure concentrated within NPLs creates asymmetric risk to asset quality. Concentration can lead to outsized volatility in provisions or realized losses if the borrower deteriorates, requiring closer monitoring and potentially higher capital/resource allocation over coming quarters.
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 $39.16 in the past 12 months.
What is Independent Bank’s market cap?
Independent Bank’s market cap is $746.56M.
When is Independent Bank’s upcoming earnings report date?
Independent Bank’s upcoming earnings report date is Jul 23, 2026 which is in 23 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 $0.28 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
Underperform
1
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7
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10
Analyst Consensus
Hold
Average Price Target:
$37.00 (6.35% Upside)
$37.00 (6.35% Upside)
Blogger Sentiment
Bullish
IBCP Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 184.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $136.7K 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
As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.
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
2.36% Insiders
20.83% Mutual Funds
11.60% Other Institutional Investors
42.86% Public Companies and
Individual Investors