Independent Bank Corporation
IBCP
NASDAQ·Financial Services·Banks - Regional·Mkt cap $770.1M
$37.37
▲ +0.97%
P/E
10.83
Mkt Cap
$770.1M
52-Wk Range
$29.83–$39.24
52-Week Range
$29.83 - $39.24
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 13.4% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- 160+ year operating history and established brand recognition in Michigan
- Diversified revenue streams across banking, insurance, and investment services
- Extensive regional branch network with 59 locations providing personalized customer service
- Omnichannel banking capabilities combining physical branches with digital platforms
Bear Case
1 risk
- Low volatility (beta 0.7).
Growth
Stable outlook
Expansion of commercial lending portfolio in growing Midwest markets
Value
Attractively priced below Commercial Banking peer average
Momentum
Strong
+7.5% over 3m
Quality
Excellent
Excellent business quality
Dividend
Solid
2.94% yield
Smart-money signal
Who's buying IBCP right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 27, 2026
JUL 23, 2026
Reported EPS of $0.90 vs $0.84 consensus (+6.6% surprise). Revenue of $63.2M vs $60.1M expected (+5.3%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+6.6%
Revenue trend · last 8Q
—
—
+2%
-1%
+12%
-3%
-100%
+8%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$49.6M
$60.4M
$52.3M
$54.1M
$79.4M
$79.4M
$0
$82.6M
Margins · last 8Q
Gross
73.2%
Operating
27.5%
Profit
22.8%
Wall Street consensus
3 analysts · 33% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
33%
Hold
67%
Sell
0%
Median Price Target
—
Latest: Piper Sandler · Jul 27, 2026
vs Industry
How IBCP stacks vs Banks - Regional
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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