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Market Cap 434.16M P/E 7.33 EPS this Y 13.30% Ern Qtrly Grth 25.30%
Income 65.81M Forward P/E 8.33 EPS next Y -5.10% 50D Avg Chg 14.00%
Sales 212.03M PEG 1.28 EPS past 5Y 10.83% 200D Avg Chg 2.00%
Dividend 4.00% Price/Book 1.16 EPS next 5Y 8.00% 52W High Chg -17.00%
Recommedations 3.00 Quick Ratio - Shares Outstanding 20.90M 52W Low Chg 39.00%
Insider Own 4.57% ROA 1.26% Shares Float 19.17M Beta 0.98
Inst Own 84.32% ROE 16.34% Shares Shorted/Prior 253.85K/289.71K Price 20.73
Gross Margin - Profit Margin 31.04% Avg. Volume 81,003 Target Price 34.30
Oper. Margin 42.23% Earnings Date Oct 24 Volume 49,216 Change 0.39%
About Independent Bank Corporation

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services, as well as automatic teller machines, and internet and mobile banking services. In addition, it operates through branches, drive-thru facilities, and loan production offices. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Independent Bank Corporation News
10/26/24 Independent Bank Third Quarter 2024 Earnings: Misses Expectations
10/25/24 Independent Bank (NASDAQ:IBCP) Is Paying Out A Dividend Of $0.24
10/25/24 Independent Bank Corp (Ionia MI) (IBCP) Q3 2024 Earnings Call Highlights: Navigating Growth ...
06:59 AM Independent Bank Corporation Reports 2024 Third Quarter Results
10/22/24 Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock
09/23/24 Independent Bank Corporation Announces Date for Its Third Quarter 2024 Earnings Release
09/07/24 With 80% ownership, Independent Bank Corporation (NASDAQ:IBCP) boasts of strong institutional backing
07/28/24 Independent Bank Second Quarter 2024 Earnings: EPS Beats Expectations
07/25/24 Independent Bank Corporation Reports 2024 Second Quarter Results
07/19/24 SB Financial Group Leads Three Key US Dividend Stocks
07/01/24 Top Dividend Stocks To Watch In July 2024
06/28/24 Independent Bank Corporation Announces Date for Its Second Quarter 2024 Earnings Release
06/11/24 Independent Bank's (NASDAQ:IBCP) investors will be pleased with their notable 33% return over the last year
05/01/24 Independent Bank (NASDAQ:IBCP) Will Pay A Dividend Of $0.24
04/30/24 Independent Bank Corporation (NASDAQ:IBCP) Q1 2024 Earnings Call Transcript
04/26/24 Independent Bank First Quarter 2024 Earnings: EPS Beats Expectations
04/25/24 Independent Bank Corp (Ionia MI) Reports Q1 2024 Earnings: Surpasses Analyst Projections
04/25/24 Independent Bank Corporation Reports 2024 First Quarter Results
04/23/24 Independent Bank Corporation Announces Appointment of Stephen L. Gulis, Jr. as Chairperson to Its Board of Directors
04/18/24 Exploring Top Dividend Stocks In The US For April 2024
IBCP Chatroom

User Image BigBri217 Posted - 1 month ago

$IBCP a cash dividend is massive!

User Image swingingtech Posted - 1 month ago

$WTFC, $IBCP https://wallstreetwaves.com/wintrust-financial-wtfc-reports-q3-earnings-and-revenue-shortfall/

User Image WeeklyTrader Posted - 1 month ago

Up we go $IBCP RSI: 55.05% 50-day MA: $32.79 200-day MA: $27.51

User Image Stock_Titan Posted - 2 months ago

$IBCP Independent Bank Corporation Announces Date for Its Third Quarter 2024 Earnings Release https://www.stocktitan.net/news/IBCP/independent-bank-corporation-announces-date-for-its-third-quarter-ix4k8cuty6zc.html

User Image insiderbuyingselling Posted - 2 months ago

$IBCP new insider selling: 1400 shares. http://insiderbuyingselling.com/?t=IBCP

User Image Grouphome Posted - 2 months ago

$IBCP

User Image UncleStock Posted - 3 months ago

$IBCP $SMBK $HTH $QCRH suggested for Banks - value screen: https://zpr.io/HhkC6

User Image NVDAMillionaire Posted - 07/31/24

$IBCP Independent Bank Corporation (NASDAQ:IBCP): Solid Q2 2024 Results Driven by Organic Growth http://beyondspx.com/2024/07/30/independent-bank-corporation-nasdaqibcp-solid-q2-2024-results-driven-by-organic-growth/

User Image UncleStock Posted - 07/30/24

$IBCP $AX $NEWT $NBBK suggested for Banks - value screen: https://zpr.io/HhkC6

User Image intratio Posted - 07/26/24

$IBCP https://www.intratio.com/stock-forecast/IBCP INDEPENDENT BANK CORP /MI/ Our statistical model deduces that the stock price of this company has a poor outlook for the near future and is not very optimistic about the future

User Image epsguid Posted - 07/25/24

$IBCP reported earnings of $0.88, consensus was $0.71 via @eWhispers #epsbeat http://eps.sh/d/ibcp

User Image Stock_Titan Posted - 07/25/24

$IBCP Independent Bank Corporation Reports 2024 Second Quarter Results https://www.stocktitan.net/news/IBCP/independent-bank-corporation-reports-2024-second-quarter-koswfvl77vl0.html

User Image UncleStock Posted - 3 months ago

$IBCP $STEL $AX $NEWT suggested for Banks - value screen: https://zpr.io/HhkC6

User Image UncleStock Posted - 4 months ago

$IBCP $STEL $AX $NEWT suggested for Banks - value screen: https://zpr.io/HhkC6

User Image UncleStock Posted - 4 months ago

$STEL $AX $IBCP $BPOP suggested for Banks - value screen: https://zpr.io/HhkC6

User Image UncleStock Posted - 4 months ago

$STEL $AX $IBCP $BPOP suggested for Banks - value screen: https://zpr.io/HhkC6

User Image Stock_Titan Posted - 06/28/24

$IBCP Independent Bank Corporation Announces Date for Its Second Quarter 2024 Earnings Release https://www.stocktitan.net/news/IBCP/independent-bank-corporation-announces-date-for-its-second-quarter-l21nf6clqc9u.html

User Image UncleStock Posted - 06/27/24

$STEL $AX $IBCP $SSB suggested for Banks - value screen: https://zpr.io/HhkC6

User Image UncleStock Posted - 5 months ago

$STEL $AX $IBCP $SSB suggested for Banks - value screen: https://zpr.io/HhkC6

User Image UncleStock Posted - 5 months ago

$STEL $AX $IBCP $SSB suggested for Banks - value screen: https://zpr.io/HhkC6

User Image TheDayTradingAcademy Posted - 6 months ago

U.S. regional lender $SSB will buy Texas-based smaller rival $IBCP for about $2B, creating a combined entity with $65B in total assets. The all-stock deal will help SouthState enter Colorado & Texas, the 2 states where it does not have a footprint. The move underscores the growing consolidation in the U.S. regional banking industry, which has been under pressure since last year after the collapse of 3 mid-sized lenders. Elevated exposures to the commercial real estate (CRE) sector have also hurt their balance sheets.

User Image UncleStock Posted - 6 months ago

$STEL $IBCP $AX $MCB suggested for Banks - value screen: https://zpr.io/HhkC6

User Image UncleStock Posted - 6 months ago

$STEL $IBCP $AX $MCB suggested for Banks - value screen: https://zpr.io/HhkC6

User Image insiderbuyingselling Posted - 04/29/24

$IBCP new insider selling: 1500 shares. http://insiderbuyingselling.com/?t=IBCP

User Image UncleStock Posted - 04/26/24

$STEL $FLG $IBCP $BMRC suggested for Banks - value screen: https://zpr.io/HhkC6

User Image epsguid Posted - 04/25/24

$IBCP reported earnings of $0.76, consensus was $0.65 via @eWhispers #epsbeat http://eps.sh/d/ibcp

User Image Stock_Titan Posted - 04/25/24

$IBCP Independent Bank Corporation Reports 2024 First Quarter Results https://www.stocktitan.net/news/IBCP/independent-bank-corporation-reports-2024-first-quarter-r1y8miruhnax.html

User Image UncleStock Posted - 7 months ago

$IBCP $CCAP $FDUS $CET suggested for Financials - value screen: https://zpr.io/BgLGvuDmMqMs

User Image UncleStock Posted - 7 months ago

$MED $SMLR $IBCP $SIGA suggested for US - value screen: https://zpr.io/tKhNa

User Image UncleStock Posted - 7 months ago

$IBCP $CCAP $CET $FDUS suggested for Financials - value screen: https://zpr.io/BgLGvuDmMqMs

Analyst Ratings
Keefe, Bruyette & Woods Market Perform Jul 29, 24
Piper Sandler Neutral Jul 29, 24
DA Davidson Neutral Apr 30, 24
Keefe, Bruyette & Woods Market Perform Jul 26, 23
Keefe, Bruyette & Woods Market Perform Dec 13, 22
Piper Sandler Overweight Sep 29, 20
DA Davidson Buy Oct 1, 18
Compass Point Buy Dec 18, 17
DA Davidson Neutral Jul 6, 17
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Kimball Stefanie M Executive Vice Presi.. Executive Vice President Jul 31 Sell 20.61 218 4,493 60,562 08/01/23
Archer Dennis W. Jr Director Director Aug 04 Buy 19.41 6,000 116,460 11,000 07/27/23
Beia Terance L Director Director May 10 Buy 15.62 1,831 28,600 38,120 05/12/23
Mohr Gavin A. Executive Vice Presi.. Executive Vice President May 03 Buy 16.6 2,200 36,520 16,372 05/03/23
Keller Christina Director Director Mar 16 Buy 18.9443 660 12,503 8,963 03/20/23
Mohr Gavin A. Executive Vice Presi.. Executive Vice President Jan 30 Buy 21.68 1,600 34,688 11,655 01/31/23
Mohr Gavin A. Executive Vice Presi.. Executive Vice President Aug 22 Buy 21.3 2,000 42,600 10,055 08/24/22
TWAROZYNSKI JAMES J Senior Vice Presiden.. Senior Vice President Jul 28 Option 2.7 2,500 6,750 10,909 07/29/22
TWAROZYNSKI JAMES J Senior Vice Presiden.. Senior Vice President Jul 28 Sell 20.48 2,500 51,200 8,409 07/29/22
Kimball Stefanie M Executive Vice Presi.. Executive Vice President May 17 Sell 19.45 2,239 43,549 59,882 05/18/22
Archer Dennis W. Jr Director Director Apr 28 Buy 20.1636 2,000 40,327 5,000 04/29/22