Independent Bank Co.(MI) Company Profile (NASDAQ:IBCP)

About Independent Bank Co.(MI) (NASDAQ:IBCP)

Independent Bank Co.(MI) logoIndependent Bank Corporation is a bank holding company. The Company owns all of the outstanding stock of Independent Bank (the Bank). The Bank focuses on commercial banking industry. The Bank offers a range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending and safe deposit box services. The Company's principal markets are the rural and suburban communities across lower Michigan. As of December 31, 2016, the Company's markets were served by the Bank's main office in Grand Rapids, Michigan, and a total of 62 branches, a drive-in facility and 12 loan production offices. The Bank's branches provide lobby and drive-in services, as well as automatic teller machines (ATMs). Its Bank also offers title insurance services through a subsidiary, and investment and insurance services through a third party agreement with Cetera Investment Services LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: N/A
  • Symbol: NASDAQ:IBCP
  • CUSIP: N/A
  • Web: www.independentbank.com
Capitalization:
  • Market Cap: $444.79 million
  • Outstanding Shares: 21,333,000
Average Prices:
  • 50 Day Moving Avg: $21.38
  • 200 Day Moving Avg: $20.76
  • 52 Week Range: $13.42 - $23.65
P/E:
  • Trailing P/E Ratio: 18.27
  • Foreward P/E Ratio: 15.11
  • P/E Growth: 3.54
Sales & Book Value:
  • Annual Revenue: $124.57 million
  • Price / Sales: 3.57
  • Book Value: $11.98 per share
  • Price / Book: 1.74
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 2.0%
Profitability:
  • Net Margins: 17.67%
  • Return on Equity: 9.26%
  • Return on Assets: 0.91%
Debt:
  • Debt-to-Equity Ratio: 0.19%
  • Current Ratio: 0.79%
  • Quick Ratio: 0.77%
Misc:
  • Average Volume: 59,500 shs.
  • Beta: 0.29
  • Short Ratio: 1.77
 

Frequently Asked Questions for Independent Bank Co.(MI) (NASDAQ:IBCP)

What is Independent Bank Co.(MI)'s stock symbol?

Independent Bank Co.(MI) trades on the NASDAQ under the ticker symbol "IBCP."

How often does Independent Bank Co.(MI) pay dividends? What is the dividend yield for Independent Bank Co.(MI)?

Independent Bank Co.(MI) declared a quarterly dividend on Tuesday, April 25th. Investors of record on Monday, May 8th will be paid a dividend of $0.10 per share on Monday, May 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Thursday, May 4th. View Independent Bank Co.(MI)'s Dividend History.

How will Independent Bank Co.(MI)'s stock buyback program work?

Independent Bank Co.(MI) declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, April 12th 2017, which authorizes the company to buyback 500% of shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

How were Independent Bank Co.(MI)'s earnings last quarter?

Independent Bank Co.(MI) (NASDAQ:IBCP) posted its quarterly earnings data on Monday, April, 24th. The company reported $0.28 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.28. The business had revenue of $31.81 million for the quarter, compared to analysts' expectations of $30.98 million. Independent Bank Co.(MI) had a return on equity of 9.26% and a net margin of 17.67%. View Independent Bank Co.(MI)'s Earnings History.

Where is Independent Bank Co.(MI)'s stock going? Where will Independent Bank Co.(MI)'s stock price be in 2017?

1 brokerages have issued 12-month price targets for Independent Bank Co.(MI)'s stock. Their predictions range from $17.50 to $17.50. On average, they anticipate Independent Bank Co.(MI)'s share price to reach $17.50 in the next twelve months. View Analyst Ratings for Independent Bank Co.(MI).

Who are some of Independent Bank Co.(MI)'s key competitors?

Who owns Independent Bank Co.(MI) stock?

Independent Bank Co.(MI)'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include EJF Capital LLC (6.80%), Vanguard Group Inc. (3.92%), Renaissance Technologies LLC (3.60%), FMR LLC (3.09%), Thomson Horstmann & Bryant Inc. (1.91%) and JPMorgan Chase & Co. (1.61%). Company insiders that own Independent Bank Co.(MI) stock include David C Reglin, Dennis J Mack, James J Twarozynski, Joan A Budden, Loan Charles C Van, Mark L Collins, Michael M Magee Jr, Robert N Shuster, Stefanie M Kimball, Terry L Haske and William B Kessel. View Institutional Ownership Trends for Independent Bank Co.(MI).

Who sold Independent Bank Co.(MI) stock? Who is selling Independent Bank Co.(MI) stock?

Independent Bank Co.(MI)'s stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., California Public Employees Retirement System, Morgan Stanley, Victory Capital Management Inc., Wedge Capital Management L L P NC, Boston Partners, Chicago Equity Partners LLC and Thomson Horstmann & Bryant Inc.. Company insiders that have sold Independent Bank Co.(MI) stock in the last year include David C Reglin, James J Twarozynski, Loan Charles C Van, Mark L Collins, Robert N Shuster, Stefanie M Kimball, Terry L Haske and William B Kessel. View Insider Buying and Selling for Independent Bank Co.(MI).

Who bought Independent Bank Co.(MI) stock? Who is buying Independent Bank Co.(MI) stock?

Independent Bank Co.(MI)'s stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Thrivent Financial For Lutherans, Hillsdale Investment Management Inc., Vanguard Group Inc., Bank of Montreal Can, JPMorgan Chase & Co., Catalyst Capital Advisors LLC and Renaissance Technologies LLC. Company insiders that have bought Independent Bank Co.(MI) stock in the last two years include Joan A Budden and Michael M Magee Jr. View Insider Buying and Selling for Independent Bank Co.(MI).

How do I buy Independent Bank Co.(MI) stock?

Shares of Independent Bank Co.(MI) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Independent Bank Co.(MI) stock cost?

One share of Independent Bank Co.(MI) stock can currently be purchased for approximately $20.85.

Analyst Ratings

Consensus Ratings for Independent Bank Co.(MI) (NASDAQ:IBCP) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $17.50 (16.07% downside)

Analysts' Ratings History for Independent Bank Co.(MI) (NASDAQ:IBCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/23/2016Hovde GroupInitiated CoverageMarket Perform$17.50N/AView Rating Details
5/4/2016Boenning ScattergoodInitiated CoverageNeutralN/AView Rating Details
8/11/2015FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
7/28/2015Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$13.00 -> $14.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Independent Bank Co.(MI) (NASDAQ:IBCP)
Earnings by Quarter for Independent Bank Co.(MI) (NASDAQ:IBCP)
Earnings History by Quarter for Independent Bank Co.(MI) (NASDAQ:IBCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017Q1 2017$0.28$0.28$30.98 million$31.81 millionViewN/AView Earnings Details
1/26/2017Q4 2016$0.27$0.27$30.55 million$33.45 millionViewN/AView Earnings Details
10/27/2016Q3$0.26$0.30$29.71 million$31.71 millionViewListenView Earnings Details
7/28/2016Q216$0.25$0.30$30.31 million$29.21 millionViewListenView Earnings Details
4/25/2016Q1$0.20$0.19$28.80 million$27.57 millionViewListenView Earnings Details
1/25/2016Q4$0.22$0.25$28.80 million$29.42 millionViewListenView Earnings Details
10/29/2015Q315$0.23$0.22$28.90 million$28.96 millionViewListenView Earnings Details
7/27/2015Q115$0.20$0.24$28.40 million$29.69 millionViewListenView Earnings Details
4/20/2015Q414$0.15$0.16$27.00 million$27.05 millionViewN/AView Earnings Details
1/23/2015Q314$0.18$0.17$28.30 million$27.26 millionViewN/AView Earnings Details
10/27/2014Q3$0.21$0.21$29.10 million$28.73 millionViewListenView Earnings Details
7/28/2014Q214$0.18$0.26$28.70 million$28.61 millionViewN/AView Earnings Details
4/21/2014Q114$0.16$0.13$28.90 million$27.43 millionViewN/AView Earnings Details
1/30/2014Q413$0.26$0.21$31.91 millionViewN/AView Earnings Details
10/30/2013$0.26$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Independent Bank Co.(MI) (NASDAQ:IBCP)
2017 EPS Consensus Estimate: $1.18
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.27$0.27$0.27
Q2 20172$0.28$0.28$0.28
Q3 20172$0.30$0.32$0.31
Q4 20172$0.30$0.33$0.32
Q3 20181$0.32$0.32$0.32
Q4 20181$0.33$0.33$0.33
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Independent Bank Co.(MI) (NASDAQ:IBCP)
Most Recent Dividend:5/15/2017
Annual Dividend:$0.40
Dividend Yield:1.92%
Payout Ratio:37.74% (Trailing 12 Months of Earnings)
33.06% (Based on This Year's Estimates)
28.99% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Independent Bank Co.(MI) (NASDAQ:IBCP)

Dividend History by Quarter for Independent Bank Co.(MI) (NASDAQ:IBCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/25/2017quarterly$0.101.72%5/4/20175/8/20175/15/2017
1/24/2017quarterly$0.101.9%2/6/20172/8/20172/15/2017
10/25/2016quarterly$0.1011/3/201611/7/201611/15/2016
7/26/2016quarterly$0.088/4/20168/8/20168/15/2016
4/26/2016quarterly$0.085/4/20165/6/20165/16/2016
1/22/2016quarterly$0.082/3/20162/5/20162/16/2016
10/29/2015quarterly$0.0811/5/201511/9/201511/16/2015
7/27/2015quarterly$0.068/5/20158/7/20158/17/2015
4/22/2015quarterly$0.061.83%5/1/20155/5/20155/15/2015
1/21/2015quarterly$0.061.9%2/4/20152/6/20152/17/2015
10/28/2014quarterly$0.061.98%11/5/201411/7/201411/17/2014
7/22/2014quarterly$0.061.94%8/1/20148/5/20148/15/2014
4/16/2014quarterly$0.064/28/20144/30/20145/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Independent Bank Co.(MI) (NASDAQ:IBCP)
Insider Ownership Percentage: 5.38%
Institutional Ownership Percentage: 79.98%
Insider Trades by Quarter for Independent Bank Co.(MI) (NASDAQ:IBCP)
Institutional Ownership by Quarter for Independent Bank Co.(MI) (NASDAQ:IBCP)
Insider Trades by Quarter for Independent Bank Co.(MI) (NASDAQ:IBCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017William B KesselCEOSell3,000$22.42$67,260.00View SEC Filing  
3/16/2017Mark L CollinsInsiderSell3,320$21.29$70,682.80View SEC Filing  
3/1/2017Loan Charles C VanDirectorSell33,056$21.78$719,959.68View SEC Filing  
2/27/2017Loan Charles C VanDirectorSell10,417$21.93$228,444.81View SEC Filing  
2/9/2017Robert N ShusterInsiderSell5,660$20.71$117,218.60View SEC Filing  
2/3/2017James J TwarozynskiInsiderSell1,000$21.41$21,410.00View SEC Filing  
12/7/2016David C ReglinInsiderSell127$19.66$2,496.82View SEC Filing  
11/10/2016Terry L HaskeDirectorSell764$16.88$12,896.32View SEC Filing  
9/1/2016Michael M Magee JrDirectorBuy6,082$16.37$99,562.34View SEC Filing  
8/30/2016Mark L CollinsInsiderSell2,000$16.37$32,740.00View SEC Filing  
5/31/2016Stefanie M KimballEVPSell3,000$14.85$44,550.00View SEC Filing  
5/25/2016James J TwarozynskiSVPSell1,000$15.03$15,030.00View SEC Filing  
3/15/2016William B KesselCEOSell1,500$14.63$21,945.00View SEC Filing  
11/20/2015Dennis J. MackEVPSell4,200$15.05$63,210.00View SEC Filing  
9/29/2015Mark L. CollinsEVPSell3,153$14.89$46,948.17View SEC Filing  
9/25/2015Joan A. BuddenDirectorBuy5,065$14.85$75,215.25View SEC Filing  
9/25/2015Mark L. CollinsEVPSell2,047$14.87$30,438.89View SEC Filing  
9/24/2015David C. ReglinEVPSell3,877$14.61$56,642.97View SEC Filing  
9/16/2015William B. KesselCEOSell5,000$14.15$70,750.00View SEC Filing  
9/10/2015Robert N. ShusterEVPSell4,200$14.11$59,262.00View SEC Filing  
9/9/2015Stefanie M. KimballEVPSell3,000$14.14$42,420.00View SEC Filing  
6/18/2014Michael M Magee JrChairmanSell24,864$12.91$320,994.24View SEC Filing  
6/17/2014Michael M Magee JrChairmanSell9,113$12.86$117,193.18View SEC Filing  
6/16/2014Michael M Magee JrChairmanSell3,523$12.90$45,446.70View SEC Filing  
6/13/2014Michael M Magee JrChairmanSell7,500$12.87$96,525.00View SEC Filing  
6/12/2014Michael M Magee JrChairmanSell25,000$12.88$322,000.00View SEC Filing  
5/29/2014Stephen L Gulis JrDirectorSell7,167$12.90$92,454.30View SEC Filing  
5/23/2014Stephen L Gulis JrDirectorSell1,822$12.90$23,503.80View SEC Filing  
5/21/2014Stephen L Gulis JrDirectorSell6,352$12.90$81,940.80View SEC Filing  
5/5/2014Stefanie M KimballEVPSell1,500$12.65$18,975.00View SEC Filing  
8/28/2013David C ReglinEVPBuy3,225$7.75$24,993.75View SEC Filing  
8/28/2013Dennis J MackSVPBuy1,000$7.75$7,750.00View SEC Filing  
8/28/2013Loan Charles C VanDirectorBuy3,000$7.75$23,250.00View SEC Filing  
8/28/2013Michael M Magee JrChairmanBuy1,290$7.75$9,997.50View SEC Filing  
5/29/2013Stephen L Gulis JrDirectorSell1,018$6.30$6,413.40View SEC Filing  
11/2/2012William J BoerDirectorBuy11,500$3.45$39,675.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Independent Bank Co.(MI) (NASDAQ:IBCP)
Latest Headlines for Independent Bank Co.(MI) (NASDAQ:IBCP)
Source:
DateHeadline
finance.yahoo.com logoIndependent Bank Corp. (Michigan) breached its 50 day moving average in a Bearish Manner : IBCP-US : May 15, 2017
finance.yahoo.com - May 15 at 10:58 AM
americanbankingnews.com logo$32.43 Million in Sales Expected for Independent Bank Co.(MI) (IBCP) This Quarter
www.americanbankingnews.com - May 13 at 8:00 AM
americanbankingnews.com logo Brokerages Anticipate Independent Bank Co.(MI) (IBCP) Will Announce Earnings of $0.30 Per Share
www.americanbankingnews.com - May 11 at 6:28 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Affect Independent Bank Co.(MI) (IBCP) Share Price
www.americanbankingnews.com - May 9 at 12:50 AM
finance.yahoo.com logoETFs with exposure to Independent Bank Corp. (Michigan) : May 5, 2017
finance.yahoo.com - May 5 at 5:49 PM
finance.yahoo.com logoIndependent Bank Corp. (Michigan) : IBCP-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 4 at 5:57 PM
finance.yahoo.com logoIndependent Bank Corp. (Michigan) :IBCP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 4, 2017
finance.yahoo.com - May 4 at 11:53 AM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) CEO William B. Kessel Sells 3,000 Shares
www.americanbankingnews.com - May 2 at 3:13 PM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 30 at 12:23 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact Independent Bank Co.(MI) (IBCP) Stock Price
www.americanbankingnews.com - April 27 at 1:08 AM
finance.yahoo.com logoStocks With Rising Composite Ratings: Independent Bank
finance.yahoo.com - April 26 at 7:30 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Independent Bank Co.(MI) Reduced by FIG Partners (IBCP)
www.americanbankingnews.com - April 26 at 3:30 PM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - April 26 at 12:52 AM
finance.yahoo.com logoIndependent Bank Corporation Announces Cash Dividend on Its Common Stock
finance.yahoo.com - April 25 at 5:20 PM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Plans Quarterly Dividend of $0.10
www.americanbankingnews.com - April 25 at 3:34 PM
finance.yahoo.com logoEdited Transcript of IBCP earnings conference call or presentation 24-Apr-17 3:00pm GMT
finance.yahoo.com - April 25 at 10:46 AM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Announces Earnings Results
www.americanbankingnews.com - April 25 at 10:42 AM
finance.yahoo.com logoIndependent Bank Group posts 1Q profit
finance.yahoo.com - April 24 at 5:31 PM
rttnews.com logoIndependent Bank Announces 46% Gain In Q1 Profit
www.rttnews.com - April 24 at 8:31 AM
globenewswire.com logoIndependent Bank Corporation Reports 2017 First Quarter Results
globenewswire.com - April 24 at 8:31 AM
marketbeat.com logoIndependent Bank posts 1Q profit
marketbeat.com - April 24 at 8:28 AM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Receives Coverage Optimism Rating of 0.13
www.americanbankingnews.com - April 23 at 8:55 PM
americanbankingnews.com logo$30.98 Million in Sales Expected for Independent Bank Co.(MI) (IBCP) This Quarter
www.americanbankingnews.com - April 22 at 7:21 AM
finance.yahoo.com logoIndependent Bank Corp. (Michigan) breached its 50 day moving average in a Bullish Manner : IBCP-US : April 21, 2017
finance.yahoo.com - April 21 at 10:50 AM
americanbankingnews.com logo$0.28 Earnings Per Share Expected for Independent Bank Co.(MI) (IBCP) This Quarter
www.americanbankingnews.com - April 21 at 12:13 AM
finance.yahoo.com logoIndependent Bank Corp. posts 1Q profit
finance.yahoo.com - April 20 at 5:53 PM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Given Daily Media Impact Rating of 0.30
www.americanbankingnews.com - April 17 at 8:21 PM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) to Repurchase 500% of Stock
www.americanbankingnews.com - April 12 at 8:55 AM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Short Interest Down 16.8% in March
www.americanbankingnews.com - April 8 at 7:06 AM
americanbankingnews.com logoIndependent Bank Co.(MI) (IBCP) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 5 at 7:37 AM
americanbankingnews.com logoBrokerages Anticipate Independent Bank Co.(MI) (IBCP) to Announce $0.28 Earnings Per Share
www.americanbankingnews.com - March 29 at 12:31 PM
americanbankingnews.com logoMark L. Collins Sells 3,320 Shares of Independent Bank Co.(MI) (IBCP) Stock
www.americanbankingnews.com - March 16 at 8:27 PM
finance.yahoo.com logo4 Reasons to Bet on UMB Financial (UMBF) Stock
finance.yahoo.com - March 8 at 6:37 PM
biz.yahoo.com logoINDEPENDENT BANK CORP /MI/ Files SEC form 10-K, Annual Report
biz.yahoo.com - March 7 at 5:34 PM
nasdaq.com logoIndependent Bank Corporation (IBCP) Ex-Dividend Date...
www.nasdaq.com - February 3 at 6:21 PM
biz.yahoo.com logoQ4 2016 Independent Bank Corp Earnings Release - Before Market Open
us.rd.yahoo.com - January 28 at 5:57 AM
us.rd.yahoo.com logo8:06 am Independent Bank reports Q4 EPS in-line with Consensus
us.rd.yahoo.com - January 28 at 5:57 AM
globenewswire.com logoIndependent Bank Corporation Reports 2016 Fourth Quarter and Full Year Results and 2017 Share Repurchase Authorization
globenewswire.com - January 26 at 7:28 PM
biz.yahoo.com logoINDEPENDENT BANK CORP /MI/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements an
biz.yahoo.com - January 26 at 7:27 PM
feeds.benzinga.com logoIndependent Bank Corporation Announces Quarterly Cash Dividend on Common Stock
feeds.benzinga.com - January 24 at 12:28 PM
streetinsider.com logoIndependent Bank (IBCP) Appoints Christina Keller to Board of Directors
www.streetinsider.com - December 21 at 11:40 PM
biz.yahoo.com logoINDEPENDENT BANK CORP /MI/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Ex
us.rd.yahoo.com - December 20 at 11:11 AM
finance.yahoo.com logoINDEPENDENT BANK CORP /MI/ Financials
finance.yahoo.com - November 10 at 4:57 PM
finance.yahoo.com logoEdited Transcript of IBCP earnings conference call or presentation 27-Oct-16 3:00pm GMT
finance.yahoo.com - October 28 at 8:52 AM
finance.yahoo.com logoCoverage initiated on Independent Bank by Hovde Group
finance.yahoo.com - September 23 at 5:11 PM
finance.yahoo.com logoEdited Transcript of IBCP earnings conference call or presentation 28-Jul-16 3:00pm GMT
finance.yahoo.com - July 29 at 10:58 AM
seekingalpha.com logoIndependent Bank Corporation Is Still Looking For An Earnings Driver
seekingalpha.com - July 20 at 8:30 AM

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Chart

Independent Bank Co.(MI) (IBCP) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff