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USFinancial Services

Independent Bank Corporation (IBCP)

US · Financial Services · Banks - Regional

$36.22-0.69%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$82.6M
Revenue YoY
+8.2%
Net profit
$18.8M
Profit YoY
+11.4%
EPS
$0.90
EPS estimate
$0.85
Net margin
22.8%

EPS came in at 0.90 against a street estimate of 0.85 — a beat of 5.9%.

Key statistics

Market cap
$766.2M
P/E
10.8
Forward P/E
12.0
P/B
1.56
Book value
$25.65
EPS (TTM)
$3.45
Dividend yield
2.91%
52-week high
$38.95
52-week low
$29.07
50-day MA
$37.17
200-day MA
$34.98
Beta
0.69

Analyst view

Analysts rate Independent Bank Corporation a hold (0 buy, 5 hold, 0 sell out of 5) with an average price target of $40.40.

Shareholding

Insiders
4.76%
Institutions
83.04%

Largest institutional holders

FundStake
BlackRock Inc13.03%
Vanguard Capital Management, LLC4.08%
Dimensional Fund Advisors, Inc.4.01%
American Century Companies Inc3.52%
State Street Corp3.21%
Charles Schwab Investment Management Inc2.81%
Acadian Asset Management LLC2.68%
Renaissance Technologies Corp2.62%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
INDEPENDENT BANK CORPORATION – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Assets: $5,663,841 thousand (June 30, 2026) vs. $5,505,720 thousand (De
2026-08-05
Board / officer change · Q3 2026
INDEPENDENT BANK CORPORATION (IBCP) - FORM 8-K SUMMARY BUSINESS & SEGMENT HIGHLIGHTS • Independent Bank Corporation is a Michigan-based bank holding
2026-07-27
Results announced · Q3 2026
INDEPENDENT BANK CORPORATION Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income Q2 2026: $18.8 million, or $0.90 per diluted share (vs. $16.9 mi
2026-07-23
Company announcement · Q2 2026
INDEPENDENT BANK CORPORATION (IBCP) - FORM 8-K SUMMARY HEADLINE NUMBERS • Merger Agreement Date: March 18, 2026 • Shareholder Vote Date: June 17, 202
2026-06-18
Company announcement · Q2 2026
INDEPENDENT BANK CORPORATION (IBCP) - FORM 8-K SUMMARY HEADLINE NUMBERS • Company: Independent Bank Corporation (IBCP), parent of Independent Bank •
2026-06-12
Quarterly report · Q1 2026
INDEPENDENT BANK CORPORATION (IBCP) – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Assets: $5,557.5 million as of March 31, 2026 (up from $5,505.7
2026-05-06
Annual report FY2025
INDEPENDENT BANK CORPORATION — 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total Loans (Dec 31, 2025): $4.276 billion • Total Deposits (Dec
2026-03-06
Proxy statement · Q2 2026
INDEPENDENT BANK CORPORATION PROXY SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal I: Election of four directors—three for three-year terms expir
2026-03-06

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Data updated 2026-09-18.