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Independent Bank (IBCP)
NASDAQ:IBCP
Independent Bank (IBCP) Stock Price & Analysis
79 Followers
IBCP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.90 - $24.37
Previous Close$17.1
Volume59.64K
Average Volume (3M)104.56K
Market Cap
$361.51M
Enterprise Value$1.35B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$992.39M
Price to Earnings (P/E)6.2
Beta0.54
Next Earnings
Jul 27, 2023EPS Estimate
$0.59Last Dividend Ex-Date
May 04, 2023Dividend Yield
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
R-Squared0.31
Alpha-0.00583
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
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
Independent Bank News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Monthly Users
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IBCP FAQ
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.
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.
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Independent Bank Stock Smart Score
Neutral
1
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7
8
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10
Analyst Consensus
Hold
Average Price Target:
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Blogger Sentiment
Bearish
IBCP Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 18.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $33.0K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.05%
12-Months-Change
Fundamentals
Return on Equity
16.14%
Trailing 12-Months
Asset Growth
7.92%
Trailing 12-Months
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.
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Top 5 ETFs holding IBCP
iShares Core S&P Total U.S. Stock Market ETF
$378.27K
iShares Russell 3000 ETF
$87.28K
Dimensional U.S. Equity ETF
$54.99K
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
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