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Independent Bank (IBCP) Stock Price, News & Analysis

Independent Bank logo
$33.74 -0.62 (-1.80%)
Closing price 07/11/2025 04:00 PM Eastern
Extended Trading
$33.74 0.00 (0.00%)
As of 07/11/2025 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Independent Bank Stock (NASDAQ:IBCP)

Key Stats

Today's Range
$33.69
$34.35
50-Day Range
$30.19
$34.60
52-Week Range
$26.75
$40.32
Volume
54,942 shs
Average Volume
104,184 shs
Market Capitalization
$699.09 million
P/E Ratio
10.75
Dividend Yield
3.08%
Price Target
$36.67
Consensus Rating
Hold

Company Overview

Independent Bank Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
71st Percentile Overall Score

IBCP MarketRank™: 

Independent Bank scored higher than 71% of companies evaluated by MarketBeat, and ranked 427th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Independent Bank has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Independent Bank has only been the subject of 2 research reports in the past 90 days.

  • Read more about Independent Bank's stock forecast and price target.
  • Earnings Growth

    Earnings for Independent Bank are expected to grow by 1.86% in the coming year, from $3.22 to $3.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Independent Bank is 10.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Independent Bank is 10.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

  • Price to Book Value per Share Ratio

    Independent Bank has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Independent Bank's valuation and earnings.
  • Percentage of Shares Shorted

    0.98% of the float of Independent Bank has been sold short.
  • Short Interest Ratio / Days to Cover

    Independent Bank has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Independent Bank has recently decreased by 11.48%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Independent Bank pays a meaningful dividend of 3.03%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Independent Bank has been increasing its dividend for 11 years.

  • Dividend Coverage

    The dividend payout ratio of Independent Bank is 33.12%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Independent Bank will have a dividend payout ratio of 31.71% next year. This indicates that Independent Bank will be able to sustain or increase its dividend.

  • Read more about Independent Bank's dividend.
  • Percentage of Shares Shorted

    0.98% of the float of Independent Bank has been sold short.
  • Short Interest Ratio / Days to Cover

    Independent Bank has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Independent Bank has recently decreased by 11.48%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Independent Bank has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.95 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Independent Bank this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Independent Bank insiders have sold 255.69% more of their company's stock than they have bought. Specifically, they have bought $55,814.00 in company stock and sold $198,524.00 in company stock.

  • Percentage Held by Insiders

    Only 5.68% of the stock of Independent Bank is held by insiders.

  • Percentage Held by Institutions

    79.43% of the stock of Independent Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Independent Bank's insider trading history.
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IBCP Stock News Headlines

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See More Headlines

IBCP Stock Analysis - Frequently Asked Questions

Independent Bank's stock was trading at $34.83 at the start of the year. Since then, IBCP stock has decreased by 3.1% and is now trading at $33.74.

Independent Bank Corporation (NASDAQ:IBCP) announced its earnings results on Thursday, April, 24th. The financial services provider reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.04. The financial services provider had revenue of $54.11 million for the quarter, compared to analyst estimates of $46.25 million. Independent Bank had a trailing twelve-month return on equity of 14.71% and a net margin of 20.62%.
Read the conference call transcript
.

Independent Bank's top institutional shareholders include Wedge Capital Management L L P NC (0.12%). Insiders that own company stock include Stefanie M Kimball, Terance L Beia, Patrick J Ervin, Gavin A Mohr, Dennis W Archer Jr, Michael M Magee Jr, James J Twarozynski and Christina Keller.
View institutional ownership trends
.

Shares of IBCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Independent Bank investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL), Adobe (ADBE) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
4/24/2025
Record date for 5/15 Dividend
5/05/2025
Ex-Dividend for 5/15 Dividend
5/05/2025
Dividend Payable
5/15/2025
Today
7/12/2025
Next Earnings (Estimated)
7/24/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
BANKS - MIDWEST
Sub-Industry
Banking
Current Symbol
NASDAQ:IBCP
CIK
39311
Employees
920
Year Founded
N/A

Price Target and Rating

High Price Target
$39.00
Low Price Target
$35.00
Potential Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.14
Trailing P/E Ratio
10.75
Forward P/E Ratio
10.48
P/E Growth
N/A
Net Income
$66.79 million
Net Margins
20.62%
Pretax Margin
25.57%
Return on Equity
14.71%
Return on Assets
1.25%

Debt

Debt-to-Equity Ratio
0.27
Current Ratio
0.91
Quick Ratio
0.90

Sales & Book Value

Annual Sales
$323.14 million
Price / Sales
2.16
Cash Flow
$3.61 per share
Price / Cash Flow
9.35
Book Value
$21.76 per share
Price / Book
1.55

Miscellaneous

Outstanding Shares
20,720,000
Free Float
19,544,000
Market Cap
$699.09 million
Optionable
Optionable
Beta
0.84

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This page (NASDAQ:IBCP) was last updated on 7/12/2025 by MarketBeat.com Staff
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