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IBCP Independent Bank Corporation

USFinancial Services
$35.50+1.05%ClosedMarket Cap: $731.5M

As of 2026-07-09 16:00

Why IBCP matters now

Independent Bank Corporation (IBCP) is a US stock in Financial Services. The latest InvestLog snapshot shows $35.50 with +1.05% on the session and $731.5M in market capitalization; recent performance reads 1-month +3.44% and YTD +5.47%.

The latest financial table shown here is Q1 2026, with revenue of $74.6M, net income of $16.9M, and EPS of $0.81. Investors can compare that operating picture with valuation signals such as P/E 10.41 and FCF yield 3.7%.

The latest indexable market news headline is "Independent Bank Corporation Announces Date for Its Second Quarter 2026 Earnings Release" from GlobeNewsWire.

Additional event context on this page matters because analyst consensus is Hold with a median target of $38.00; recent insider activity includes Ervin Patrick J filing S-Sale. These signals are research inputs, not a recommendation.

Valuation

P/E (TTM)

10.41

PEG

3.97

P/B

1.38

P/S

2.28

EV/EBITDA

7.94

DCF Value

$26.69

FCF Yield

3.7%

Div Yield

3.1%

Margins & Returns

Gross Margin

70.3%

Operating Margin

26.6%

Net Margin

22.5%

ROE

14.2%

ROA

1.3%

ROIC

1.3%

Financials

PeriodRevenueNet IncomeEPS
Q1 2026$74.6M$16.9M$0.81
Q4 2025$79.4M$18.6M$0.89
FY 2025$315.4M$68.5M$3.27
Q3 2025$79.4M$17.5M$0.84

Analyst Ratings

Consensus

Hold

Target (Consensus)

$38.00

Target (Median)

$38.00

Target Range

$37.00 - $39.00

Strong Buy: 0Buy: 0Hold: 5Sell: 0Strong Sell: 0
Piper SandlerNeutral
2026-04-27
DA DavidsonNeutral
2026-04-27
DA DavidsonNeutral
2026-03-20
Piper SandlerNeutral
2026-01-26
DA DavidsonNeutral
2025-07-25

Trading Activity

Insider Trades

Ervin Patrick Jofficer: Executive Vice President
Sell2026-06-10
Ervin Patrick Jofficer: Executive Vice President
Sell2026-06-10
Ervin Patrick Jofficer: Executive Vice President
Sell2026-06-10
Ervin Patrick Jofficer: Executive Vice President
Sell2026-06-10
Ervin Patrick Jofficer: Executive Vice President
Sell2026-06-10

Company Info

Sector

Financial Services

Industry

Banks - Regional

Country

US

Exchange

Beta

0.71

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.