Independent Bank IBCP Stock
23.28 USD
{{ price }}
-0.767257%
{{change_pct}}%
SECTOR
Financial Services
INDUSTRY
Banks-Regional
COUNTRY
United States
Exchange
NasdaqGS
Market Cap
486.68M USD
LOW - HIGH [24H]
23.11
-
23.43 USD
VOLUME [24H]
55.65K USD
{{ volume }}
P/E Ratio
8.34
Earnings per share
2.79 USD
Independent Bank Price Chart
Independent Bank IBCP Financial and Trading Overview
| Independent Bank stock price | 23.28 USD |
| Previous Close | 18.32 USD |
| Open | 18.25 USD |
| Bid | 0 USD x 800 |
| Ask | 0 USD x 800 |
| Day's Range | 18.2 - 18.56 USD |
| 52 Week Range | 14.9 - 24.97 USD |
| Volume | 69.95K USD |
| Avg. Volume | 99.48K USD |
| Market Cap | 388.36M USD |
| Beta (5Y Monthly) | 0.928521 |
| PE Ratio (TTM) | 6.70438 |
| EPS (TTM) | 2.79 USD |
| Forward Dividend & Yield | 0.92 (5.02%) |
| Ex-Dividend Date | May 4, 2023 |
| 1y Target Est | 20.3 USD |
IBCP Valuation Measures
| Enterprise Value | 277.01M USD |
| Trailing P/E | 6.70438 |
| Forward P/E | 7.3480005 |
| PEG Ratio (5 yr expected) | 0.95 |
| Price/Sales (ttm) | 1.947263 |
| Price/Book (mrq) | 1.05599 |
| Enterprise Value/Revenue | 1.389 |
| Enterprise Value/EBITDA | N/A |
Trading Information
Independent Bank Stock Price History
| Beta (5Y Monthly) | 0.928521 |
| 52-Week Change | -1.92% |
| S&P500 52-Week Change | 20.43% |
| 52 Week High | 24.97 USD |
| 52 Week Low | 14.9 USD |
| 50-Day Moving Average | 17.06 USD |
| 200-Day Moving Average | 20.62 USD |
IBCP Share Statistics
| Avg. Volume (3 month) | 99.48K USD |
| Avg. Daily Volume (10-Days) | 85.2K USD |
| Shares Outstanding | 21.14M |
| Float | 19.38M |
| Short Ratio | 3.51 |
| % Held by Insiders | 4.54% |
| % Held by Institutions | 82.53% |
| Shares Short | 303.54K |
| Short % of Float | 1.79% |
| Short % of Shares Outstanding | 1.44% |
Dividends & Splits
| Trailing Annual Dividend Rate | 0.89 |
| Trailing Annual Dividend Yield | 4.85% |
| 5 Year Average Dividend Yield | 383.00% |
| Payout Ratio | 0.32479998 |
| Last Split Factor | 1:10 |
Financial Highlights
Fiscal Year
| Fiscal Year Ends | December 31, 2022 |
| Most Recent Quarter (mrq) | March 31, 2023 |
| Next Fiscal Year End | December 31, 2023 |
Profitability
| Profit Margin | 29.27% |
| Operating Margin (ttm) | 37.10% |
| Gross Margin | 0% |
| EBITDA Margin | 0% |
Management Effectiveness
| Return on Assets (ttm) | 1.17% |
| Return on Equity (ttm) | 16.14% |
Income Statement
| Revenue (ttm) | 199.44M USD |
| Revenue Per Share (ttm) | 9.46 USD |
| Quarterly Revenue Growth (yoy) | -12.50% |
| Gross Profit (ttm) | 206.13M USD |
| EBITDA | N/A |
| Net Income Avi to Common (ttm) | 58.38M USD |
| Diluted EPS (ttm) | 2.74 |
| Quarterly Earnings Growth (yoy) | -27.70% |
Balance Sheet
| Total Cash (mrq) | 261.2M USD |
| Total Cash Per Share (mrq) | 12.36 USD |
| Total Debt (mrq) | 150.91M USD |
| Total Debt/Equity (mrq) | N/A |
| Current Ratio (mrq) | N/A |
| Book Value Per Share (mrq) | 17.396 |
Cash Flow Statement
| Operating Cash Flow (ttm) | 79.62M USD |
| Levered Free Cash Flow (ttm) | N/A |
Profile of Independent Bank
| Country | United States |
| State | MI |
| City | Grand Rapids |
| Address | 4200 East Beltline |
| ZIP | 49525 |
| Phone | 616 527 5820 |
| Website | https://www.independentbank.com |
| Industry | Banks-Regional |
| Sector(s) | Financial Services |
| Full Time Employees | 803 |
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Q&A For Independent Bank Stock
What is a current IBCP stock price?
Independent Bank IBCP stock price today per share is 23.28 USD.
How to purchase Independent Bank stock?
You can buy IBCP shares on the NasdaqGS exchange. Contact your financial advisor to select a broker.
What is the ticker symbol for Independent Bank?
The stock symbol or ticker of Independent Bank is IBCP.
Which industry does the Independent Bank company belong to?
The Independent Bank industry is Banks-Regional.
How many shares does Independent Bank have in circulation?
The max supply of Independent Bank shares is 20.91M.
What is Independent Bank Price to Earnings Ratio (PE Ratio)?
Independent Bank PE Ratio is 8.34408700 now.
What was Independent Bank earnings per share over the trailing 12 months (TTM)?
Independent Bank EPS is 2.79 USD over the trailing 12 months.
Which sector does the Independent Bank company belong to?
The Independent Bank sector is Financial Services.
Independent Bank IBCP included in indexes
| Name Name | Price Price |
24h% 7d chart 24h% & 7d |
VOL Volume | 24h low | 24h high | Volume |
|---|
| Name Name | Price Price |
24h% 7d chart 24h% & 7d |
VOL Volume | 24h low | 24h high | Volume | |
|---|---|---|---|---|---|---|---|
| {{ item.name }} {{ item.symbol }} | {{ item.price }} {{ item.price_usd }} |
{{ item.change_pct }}
|
{{ item.volume }} {{ item.volume_usd }} | {{ item.low }} {{ item.low_usd }} | {{ item.high }} {{ item.high_usd }} | {{ item.components_count }} - | {{ item.volume }} {{ item.volume_usd }} |
| NASDAQ Composite IXIC | 16175.09 USD — |
-1.62
|
3.94B USD — | 16125.33 USD — | 16341.46 USD — | — - | 3.94B USD — |
| NASDAQ Composite Total Return I XCMP | 19659.36 USD — |
-1.62
|
— — | 19598.88 USD — | 19861.56 USD — | — - | — — |
| ABA Community Bank NASDAQ ABAQ | 302.89 USD — |
-0.57
|
— — | 301.69 USD — | 303.07 USD — | — - | — — |
| NASDAQ Global Select Market Com NQGS | 7876.03 USD — |
-1.61
|
— — | 7852.08 USD — | 7955.84 USD — | — - | — — |
| NASDAQ Bank BANK | 3490.24 USD — |
-1.03
|
— — | 3482.36 USD — | 3507.4 USD — | — - | — — |
- {{ link.label }} {{link}}