Key Stats
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
Stock Score/grades
The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
- Altman Z Score 0.20
- Piotroski Score 8.00
- Grade Market Perform
- Symbol (IBCP)
- Company Independent Bank Corporation
- Price $37.94
- Changes Percentage (-0.55%)
- Change -$0.21
- Day Low $37.73
- Day High $38.45
- Year High $39.52
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
- Last Earnings N/A
- Ex-Dividend for 5/16 Dividend 11/05/2024
- Dividend Payable 11/15/2024
- Today N/A
- Next Earnings (Estimated) 01/22/2025
- Fiscal Year End N/A
- Average Stock Price Target $35.50
- High Stock Price Target $37.00
- Low Stock Price Target $34.00
- Potential Upside/Downside N/A
- Consensus Rating Neutral
- Rating Score (0-4) N/A
- Research Coverage N/A
- EPS (Most Recent Fiscal Year) $2.94
- Trailing P/E Ratio 8.24
- Forward P/E Ratio 8.24
- P/E Growth 8.24
- Net Income $59.07 M
Income Statement
Quarterly
Annual
Latest News of IBCP
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
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With 80% ownership, Independent Bank Corporation (NASDAQ:IBCP) boasts of strong institutional backing
Institutional investors hold 80% of Independent Bank Corporation's shares, influencing the company's decisions. Analyzing their ownership, along with insider and public ownership, provides valuable in...
By Yahoo! Finance | 2 months ago -
Independent Bank (NASDAQ:IBCP) Is Paying Out A Dividend Of $0.24
Independent Bank Corporation (NASDAQ: IBCP) will pay a dividend of $0.24 per share on August 15th, with an annual payment of 2.8% of the stock price....
By Yahoo! Finance | 3 months ago -
Independent Bank's (NASDAQ:IBCP) investors will be pleased with their notable 33% return over the last year
Passive investing in index funds can match the market, but selecting above-average stocks can significantly boost returns. Independent Bank Corporation has seen a 28% share price increase in 1 year, o...
By Yahoo! Finance | 5 months ago
