Independent Bank (IBCP)

Independent Bank (IBCP) Stock Price & Analysis


IBCP Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$14.90 - $24.37
Previous Close$17.1
Average Volume (3M)104.56K
Market Cap
Enterprise Value$1.35B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$992.39M
Price to Earnings (P/E)6.2
Jul 27, 2023
0.9 (5.25%)
Share Statistics
EPS (TTM)2.74
Shares Outstanding44,125,003
10 Day Avg. Volume81,658
30 Day Avg. Volume104,561
Standard Deviation0.09
Financial Highlights & Ratios
Price to Book (P/B)1.38
Price to Sales (P/S)4.39
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.79
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda17.03
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1



Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Monthly Users

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What was Independent Bank’s price range in the past 12 months?
Independent Bank lowest stock price was $14.90 and its highest was $24.37 in the past 12 months.
    What is Independent Bank’s market cap?
    Currently, no data Available
    When is Independent Bank’s upcoming earnings report date?
    Independent Bank’s upcoming earnings report date is Jul 27, 2023 which is in 59 days.
      How were Independent Bank’s earnings last quarter?
      Independent Bank released its earnings results on Apr 27, 2023. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.596 by $0.034.
        Is Independent Bank overvalued?
        According to Wall Street analysts Independent Bank’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Independent Bank pay dividends?
          Independent Bank pays a Quarterly dividend of $0.23 which represents an annual dividend yield of 5.2%. See more information on Independent Bank dividends here
            What is Independent Bank’s EPS estimate?
            Independent Bank’s EPS estimate is $0.59.
              How many shares outstanding does Independent Bank have?
              Independent Bank has 21,141,008 shares outstanding.
                What happened to Independent Bank’s price movement after its last earnings report?
                Independent Bank reported an EPS of $0.63 in its last earnings report, beating expectations of $0.596. Following the earnings report the stock price went up 3.62%.
                  Which hedge fund is a major shareholder of Independent Bank?
                  Among the largest hedge funds holding Independent Bank’s share is Hotchkis & Wiley Capital Management LLC. It holds Independent Bank’s shares valued at 6M.


                    Independent Bank Stock Smart Score

                    The Independent Bank stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    Learn more about TipRanks Smart Score

                    Company Description

                    Independent Bank

                    Independent Bank Corp. operates as a bank holding company. It provides financial services including commercial banking, mortgage lending, investments, and title services. The company was founded in 1864 and is headquartered in Ionia, MI.


                    Top 5 ETFs holding IBCP

                    Market Value
                    Smart Score
                    iShares Core S&P Total U.S. Stock Market ETF
                    iShares Russell 3000 ETF
                    Dimensional U.S. Equity ETF
                    Up to five ETFs with an Outperform Smart Score that hold IBCP. The ETFs are listed according to market value of IBCP within the ETF


                    Forecast EPS vs Actual EPS

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