IBCP logo
IBCP NASDAQ US

Independent Bank Corporation - Common Stock

Financials · Banking Website · IPO Jan 1984
$33.61
▲ +$0.02 (+0.06%)
Vol 138K
10
Quality Score
ok
Deep Check
2/5 ok
Mkt Cap
$673.1M
P/E
9.8
ROE
14.5%
Margin
28.8%
D/E
8.12
Beta
0.80
Div Yield
3.20%
52W
$27–$37

Wall Street Consensus

10 analysts · Apr 2026
0
Strong Buy
0
Buy
7
Hold
1
Sell
2
Strong Sell
0.0%
Buy Rating

Price Chart

Earnings

Beat rate: 75.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $0.86 $0.89 +$0.03
Sep 2025 $0.86 $0.84 $-0.02
Jun 2025 $0.81 $0.81 +$0.00
Mar 2025 $0.71 $0.74 +$0.03

Quarterly Revenue & Earnings

Quarter 2024-0… 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $49.5M $60.4M $52.3M $54.1M $55.5M
Net Income $13.8M $18.5M $15.6M $16.9M $17.5M

Fundamentals Trend

Metric 2025-06-30 2025-09-02 2025-10-02 2025-11-03 2025-12-03 2026-01-02
ROE (TTM) 14.1% 14.1% 14.1% 14.5% 14.5% 14.5%
P/E (TTM) 10.37 10.03 9.81 9.15 10.15 9.84
Net Margin 28.8% 28.8% 28.8% 28.8% 28.8%
Gross Margin
D/E Ratio 16.93 16.93 16.93 8.12 8.12 8.12
Current Ratio

Key Ratios

ROA (TTM)
1.3%
P/S (TTM)
2.14
P/B
1.6
EPS (TTM)
$3.25
CF/Share
$3.32
Rev Growth 3Y
+4.3%
52W High
$37.13
52W Low
$26.75
$26.75 52-Week Range $37.13

Financial Health

Free Cash Flow
$16.5M
Net Debt
-$166.8M
Cash
$208.7M
Total Debt
$41.9M
As of Sep 30, 2025

How does IBCP compare to Banking peers?

Peer group: Micro-cap Banking (All) · 289 companies

IBCP valuation vs Banking peers

P/E ratio
9.8
22% below peers (12.6)
vs Peers
vs Industry
Undervalued
P/S ratio
2.1
8% below peers (2.3)
vs Peers
vs Industry
Fair value
P/B ratio
1.6
52% above peers (1.1)
vs Peers
vs Industry
Overvalued
Div yield
3.2%
7% above peers (3.0%)
vs Peers
vs Industry
In line

IBCP profitability vs Banking peers

ROE
14.5%
62% above peers (9.0%)
vs Peers
vs Industry
Top tier
Net margin
28.8%
1% above peers (28.6%)
vs Peers
vs Industry
In line
Gross margin
vs Peers
vs Industry
Weak
ROA
1.3%
34% above peers (1.0%)
vs Peers
vs Industry
Top tier

IBCP financial health vs Banking peers

D/E ratio
8.1
41% below peers (13.8)
vs Peers
vs Industry
Above avg
Current ratio
0% below peers (0.1)
vs Peers
vs Industry
Low liquidity
Beta
0.8
16% above peers (0.7)
vs Peers
vs Industry
More volatile

IBCP fundamentals radar

IBCP Peer median Industry

IBCP profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

IBCP vs peers: key metrics

Dividends

$1.06
/ year
Feb 03, 2026 $0.2800
Nov 04, 2025 $0.2600
Aug 05, 2025 $0.2600
May 05, 2025 $0.2600
Feb 04, 2025 $0.2600
Nov 05, 2024 $0.2400
Aug 05, 2024 $0.2400
May 02, 2024 $0.2400

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