What is IBCP's current stock price?

IBCP (Independent Bank Corporation) is currently trading at $33.90 with a market cap of $698.5M.

What sector is Independent Bank Corporation in?

Independent Bank Corporation (IBCP) operates in the Financial Services sector, specifically in the Banks - Regional industry.

Is IBCP a good stock to buy?

Analysts have a Hold consensus on IBCP with a price target of $38.00. Check our detailed analysis for valuation, financials, and insider activity.

InvestLog

IBCP Independent Bank Corporation

Financial Services

$33.90-0.38%ClosedMarket Cap: $698.5M

As of 2026-05-25

Valuation

View Details

P/E (TTM)

10.41

PEG

3.97

P/B

1.37

P/S

2.26

EV/EBITDA

8.27

DCF Value

$25.83

FCF Yield

3.7%

Div Yield

3.2%

Margins & Returns

Gross Margin

70.3%

Operating Margin

26.6%

Net Margin

22.5%

ROE

14.2%

ROA

1.3%

ROIC

1.3%

Financials

View All

Period	Revenue	Net Income	EPS
Q1 null	$74.6M	$16.9M	$—
Q4 null	$79.4M	$18.6M	$—
FY null	$315.4M	$68.5M	$—
Q3 null	$79.4M	$17.5M	$—

Analyst Ratings

View All

Consensus

Hold

Target (Consensus)

$38.00

Target (Median)

$38.00

Target Range

$37.00 - $39.00

0 Strong Buy0 Buy5 Hold0 Sell0 Strong Sell

DA DavidsonNeutral

2026-04-27

Piper SandlerNeutral

2026-04-27

DA DavidsonNeutral

2026-03-20

Piper SandlerNeutral

2026-01-26

DA DavidsonNeutral

2025-07-25

Trading Activity

Insider Trades

View All

Mohr Gavin A.officer: Executive Vice President

SellWed Apr 08

Kimball Stefanie Mofficer: Executive Vice President

SellWed Apr 08

Ervin Patrick Jofficer: Executive Vice President

SellWed Apr 08

RAHN JOEL Fofficer: Executive Vice President

SellTue Apr 07

Mohr Gavin A.officer: Executive Vice President

SellTue Apr 07

Company Info

Sector

Financial Services

Industry

Banks - Regional

Country

Exchange

—

Beta

0.70

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Peers

CAC