Want to see IBCP full AI Analyst Report?
IBCP Stock Chart & Stats
$37.58
-$0.08(-0.21%)
At close: 4:00 PM EDT
$37.58
-$0.08(-0.21%)
Day’s Range― - ―
52-Week Range$29.83 - $39.24
Previous Close$37.58
Volume217.87K
Average Volume (3M)212.08K
Market Cap
$850.46M
Enterprise Value$860.36
Total Cash (Recent Filing)$558.04M
Total Debt (Recent Filing)$166.90M
Price to Earnings (P/E)11.0
Beta0.84
Next Earnings
Oct 27, 2026EPS Estimate
0.95Next Dividend Ex-DateN/A
Dividend Yield2.87%
Share Statistics
EPS (TTM)3.48
Shares Outstanding22,199,295
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$40.33Price Target Upside7.33% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)3.57
Revenue Forecast (FY)$257.02M
Bulls Say, Bears Say
Bulls Say
Commercial Loan Growth And NII MomentumSustained commercial loan generation and a year-plus run of rising net interest income indicate durable core earning-asset expansion. Continued commercial pipeline and added relationship bankers support stable NII growth, improving interest-earning mix and underpinning long-term revenue resilience independent banks rely on.
Capital Strength And Consistent ReturnsHealthy tangible capital and above-average ROE provide a durable buffer for credit stress and fund organic or M&A growth without excessive leverage. Consistent returns and rising tangible book indicate the franchise generates retained earnings, supporting dividends, regulatory ratios, and investor confidence over multiple quarters.
Acquisition Expands Scale And Embeds Cost SavesClosing HCB expands market footprint and deposit base, offering structural scale benefits. Planned system conversion and targeted cost-savings create a clear path to improved operating leverage and higher cross-sell potential once integration is complete, materially enhancing medium-term profit capacity.
Bears Say
Sharp Operating Cash Flow DeclineA large drop in operating cash flow signals deteriorating cash conversion and reduced internal funding capacity. Over several quarters this limits flexibility to fund loan growth, absorb higher expenses or respond to credit stress, increasing reliance on outside funding and elevating medium-term liquidity and execution risk.
Concentrated Commercial Credit ExposureConcentration in a single commercial development project raises the probability of protracted losses and higher provisions. Legal timelines are uncertain; sustained stress could erode earnings and capital cushions, making future loan growth and dividend capacity vulnerable until resolution or additional reserves are established.
Elevated Expense Run-rate From Merger And LitigationHigher operating expenses, including merger and litigation charges, compress operating leverage and reduce sustainable margins. If cost saves from integration are delayed or lower than forecast, persistently elevated expenses will limit earnings retention, capital deployment and the bank's ability to fund strategic initiatives over the medium term.
Independent Bank News
IBCP FAQ
What was Independent Bank’s price range in the past 12 months?
Independent Bank lowest stock price was $29.83 and its highest was $39.24 in the past 12 months.
What is Independent Bank’s market cap?
Independent Bank’s market cap is $850.46M.
When is Independent Bank’s upcoming earnings report date?
Independent Bank’s upcoming earnings report date is Oct 27, 2026 which is in 72 days.
How were Independent Bank’s earnings last quarter?
Independent Bank released its earnings results on Jul 23, 2026. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.844 by $0.066.
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 2.87%. See more information on Independent Bank dividends here
What is Independent Bank’s EPS estimate?
Independent Bank’s EPS estimate is 0.95.
How many shares outstanding does Independent Bank have?
Independent Bank has 22,199,295 shares outstanding.
What happened to Independent Bank’s price movement after its last earnings report?
Independent Bank reported an EPS of $0.91 in its last earnings report, beating expectations of $0.844. Following the earnings report the stock price went up 1.779%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$40.33 (7.33% Upside)
$40.33 (7.33% Upside)
Blogger Sentiment
Neutral
IBCP Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 184.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $155.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.81%
12-Months-Change
Fundamentals
Return on Equity
2.87%
Trailing 12-Months
Asset Growth
4.53%
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 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational and financial momentum: solid loan and deposit growth, margin expansion, strong noninterest income performance, capital build, strategic acquisition progress, and industry recognition. Offsetting items include elevated operating expenses (including merger and litigation costs), a concentrated credit issue tied to a single commercial development exposure that modestly raised nonperforming loans, a provision at the high end of guidance and slightly increased net charge-offs. Management provided constructive commentary on integration and cost-save timing and reiterated confidence in continued commercial growth and capital positioning.View all IBCP earnings summariesIBCP Stock 12 Month Forecast
Average Price Target
$40.33
▲(7.33% Upside)
Technical Analysis
Eagle Bancorp
―
First Community Bancshares
―
―
Southern Missouri Bancorp
―
South Plains Financial
―
Ownership Overview
2.19% Insiders
19.33% Mutual Funds
9.16% Other Institutional Investors
47.98% Public Companies and
Individual Investors