Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Frequently asked questions
What sector does Independent Bank Corporation (IBCP) operate in?
Independent Bank Corporation belongs to the Financials sector and operates in the Banks - Regional industry.
What is Independent Bank Corporation (IBCP) current stock price?
As of the latest data, Independent Bank Corporation stock price is $37.01, with a previous close of $36.98. Independent Bank Corporation gained $0.03 in the last trading session, representing a 0.08% increase.
What is Independent Bank Corporation (IBCP) current market capitalization?
Independent Bank Corporation market cap is approximately 762.50 million.
What is Independent Bank Corporation (IBCP) Earnings Per Share (EPS)?
The trailing EPS is $3.45, and the forward EPS is $3.88.
What is Independent Bank Corporation (IBCP) Price-to-Earnings (P/E) ratio?
Independent Bank Corporation current P/E ratio is 10.73, with a forward P/E of 9.54.
What is Independent Bank Corporation (IBCP) EBITDA?
Independent Bank Corporation EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 25.10 million.
Does Independent Bank Corporation (IBCP) pay dividends?
Yes. Independent Bank Corporation pays quarterly dividends with an annualized yield of 3.03% and an estimated annual payout of $1.12 per share.
When is the next ex-dividend date for Independent Bank Corporation (IBCP)?
The next ex-dividend date is scheduled for November 03, 2026.
How did Independent Bank Corporation (IBCP) perform in its most recent earnings report?
In the last report (June 30, 2026), Independent Bank Corporation posted an EPS surprise of 5.88% and a revenue surprise of 59.24%.
When is Independent Bank Corporation (IBCP) next earnings report?
Independent Bank Corporation is expected to release its next earnings report on September 30, 2026.
What is Independent Bank Corporation (IBCP) beta (volatility) score?
Independent Bank Corporation has a beta of 0.695, indicating lower volatility than the overall market.
