IBCP logo

INDEPENDENT BANK CORP - MICH

IBCPNASDAQ
πŸ† #2610 by market capEarnings Oct 27US Equity
$35.24β–Ό $0.11 (βˆ’0.31%)
πŸŒ™ After hours$35.24β–² 0.00%Regular close Β· extended-hours price shown
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24hβ–Ό 0.3%
7dβ–Ό 1.0%
14dβ–Ό 2.7%
30dβ–Ό 2.2%
ytdβ–² 8.4%
1yβ–² 15.1%
🏦Market Cap
$726M
Small Cap
πŸ“ˆRevenue Growth (YoY)
-0.3%
Declining
πŸ“ŠGross Margin
71.3%
High
πŸ’΅FCF Margin
11.0%
Healthy
βš–οΈP/S Ratio
2.3x
Cheap
Otter Score
80
Good

Trading Snapshot

Day Range
$34.84 – $35.54
52-Week Range
$29.83 – $39.24
Volume
$2.23B
Avg Volume
$2.05B
Shares Outstanding
20.6M
Next Earnings
Nov 15, 2026

Fundamentals Snapshot

Annual Revenue
$315M
Last Q Revenue
$83M
P/E Ratio
10.1
P/S Ratio
2.3x
EPS (TTM)
$3.48
Dividend Yield
3.12%
Dilution (1yr)
βˆ’1.3%

Why Investors Own IBCP

  • βœ“High-growth profile β€” revenue up +31.9% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 68% gross margin and 18% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

IBCP logo

INDEPENDENT BANK CORP - MICH

IBCP
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$315Mβ–Ό βˆ’0.3% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
69.6%β–² +4.0% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$81Mβ–Ό βˆ’2.1% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$70Mβ–² +27.1% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
20.8Mβ–Ό βˆ’1.3% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$22Mβ–² +$26M YoY
StockOtter Β· stockotter.space

About INDEPENDENT BANK CORP - MICH

As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Good
80/100

Analyst Ratings

β“˜
Consensus
Hold
10 analysts
Strong Buy0
Buy0
Hold7
Sell1
Strong Sell2
Ratings as of Sep 2026

Latest News & Updates

GlobeNewsWireΒ·1d ago

Independent Bank Corporation Announces Date for Its Third Quarter 2026 Earnings Release

GRAND RAPIDS, Mich., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2026 t

Zacks Investment ResearchΒ·9d ago

Independent Bank (IBCP) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Zacks Investment ResearchΒ·26d ago

This is Why Independent Bank (IBCP) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Zacks Investment ResearchΒ·Aug 19

Independent Bank (IBCP) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Zacks Investment ResearchΒ·Aug 3

Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Zacks Investment ResearchΒ·Jul 27

All You Need to Know About Independent Bank (IBCP) Rating Upgrade to Buy

Independent Bank (IBCP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).