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Independent Bank (IBCP) Competitors

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$37.13 -0.13 (-0.35%)
As of 08/21/2026 04:00 PM Eastern

IBCP vs. BUSE, CTBI, FMBH, FRME, and HOPE

Should you buy Independent Bank stock or one of its competitors? Independent Bank's main competitors and comparable companies include First Busey (BUSE), Community Trust Bancorp (CTBI), First Mid Bancshares (FMBH), First Merchants (FRME), and Hope Bancorp (HOPE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "regional banks" industry.

How does Independent Bank compare to First Busey?

Independent Bank (NASDAQ:IBCP) and First Busey (NASDAQ:BUSE) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, dividends, analyst recommendations, valuation, institutional ownership, earnings, profitability and risk.

79.4% of Independent Bank shares are held by institutional investors. Comparatively, 56.5% of First Busey shares are held by institutional investors. 5.9% of Independent Bank shares are held by insiders. Comparatively, 3.8% of First Busey shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.0%. First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.4%. Independent Bank pays out 32.6% of its earnings in the form of a dividend. First Busey pays out 43.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has increased its dividend for 11 consecutive years and First Busey has increased its dividend for 10 consecutive years.

Independent Bank currently has a consensus target price of $39.50, indicating a potential upside of 6.38%. First Busey has a consensus target price of $32.00, indicating a potential upside of 5.61%. Given Independent Bank's higher possible upside, equities analysts plainly believe Independent Bank is more favorable than First Busey.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
First Busey
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86

First Busey has higher revenue and earnings than Independent Bank. Independent Bank is trading at a lower price-to-earnings ratio than First Busey, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independent Bank$229.91M3.59$68.54M$3.4410.79
First Busey$1.04B2.40$135.26M$2.4212.52

In the previous week, First Busey had 1 more articles in the media than Independent Bank. MarketBeat recorded 3 mentions for First Busey and 2 mentions for Independent Bank. First Busey's average media sentiment score of 0.82 beat Independent Bank's score of 0.76 indicating that First Busey is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Busey
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank has a net margin of 22.32% compared to First Busey's net margin of 21.00%. Independent Bank's return on equity of 14.12% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank22.32% 14.12% 1.29%
First Busey 21.00%10.48%1.40%

Independent Bank has a beta of 0.71, meaning that its share price is 29% less volatile than the broader market. Comparatively, First Busey has a beta of 0.72, meaning that its share price is 28% less volatile than the broader market.

Summary

First Busey beats Independent Bank on 11 of the 20 factors compared between the two stocks.

How does Independent Bank compare to Community Trust Bancorp?

Independent Bank (NASDAQ:IBCP) and Community Trust Bancorp (NASDAQ:CTBI) are both small-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, analyst recommendations, valuation, profitability, earnings, dividends and media sentiment.

In the previous week, Community Trust Bancorp had 2 more articles in the media than Independent Bank. MarketBeat recorded 4 mentions for Community Trust Bancorp and 2 mentions for Independent Bank. Community Trust Bancorp's average media sentiment score of 0.96 beat Independent Bank's score of 0.76 indicating that Community Trust Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Community Trust Bancorp
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.0%. Community Trust Bancorp pays an annual dividend of $2.12 per share and has a dividend yield of 2.8%. Independent Bank pays out 32.6% of its earnings in the form of a dividend. Community Trust Bancorp pays out 35.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has increased its dividend for 11 consecutive years and Community Trust Bancorp has increased its dividend for 44 consecutive years. Independent Bank is clearly the better dividend stock, given its higher yield and lower payout ratio.

Community Trust Bancorp has a net margin of 25.55% compared to Independent Bank's net margin of 22.32%. Independent Bank's return on equity of 14.12% beat Community Trust Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank22.32% 14.12% 1.29%
Community Trust Bancorp 25.55%12.52%1.60%

79.4% of Independent Bank shares are held by institutional investors. Comparatively, 60.2% of Community Trust Bancorp shares are held by institutional investors. 5.9% of Independent Bank shares are held by company insiders. Comparatively, 2.6% of Community Trust Bancorp shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Community Trust Bancorp has higher revenue and earnings than Independent Bank. Independent Bank is trading at a lower price-to-earnings ratio than Community Trust Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independent Bank$229.91M3.59$68.54M$3.4410.79
Community Trust Bancorp$409.34M3.40$98.06M$5.9712.82

Independent Bank has a beta of 0.71, suggesting that its share price is 29% less volatile than the broader market. Comparatively, Community Trust Bancorp has a beta of 0.53, suggesting that its share price is 47% less volatile than the broader market.

Independent Bank currently has a consensus price target of $39.50, suggesting a potential upside of 6.38%. Community Trust Bancorp has a consensus price target of $81.50, suggesting a potential upside of 6.51%. Given Community Trust Bancorp's stronger consensus rating and higher possible upside, analysts clearly believe Community Trust Bancorp is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Community Trust Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

Summary

Community Trust Bancorp beats Independent Bank on 12 of the 20 factors compared between the two stocks.

How does Independent Bank compare to First Mid Bancshares?

Independent Bank (NASDAQ:IBCP) and First Mid Bancshares (NASDAQ:FMBH) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, media sentiment, profitability, dividends and analyst recommendations.

Independent Bank presently has a consensus price target of $39.50, indicating a potential upside of 6.38%. First Mid Bancshares has a consensus price target of $54.63, indicating a potential upside of 8.64%. Given First Mid Bancshares' stronger consensus rating and higher possible upside, analysts plainly believe First Mid Bancshares is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
First Mid Bancshares
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

79.4% of Independent Bank shares are held by institutional investors. Comparatively, 47.6% of First Mid Bancshares shares are held by institutional investors. 5.9% of Independent Bank shares are held by company insiders. Comparatively, 6.0% of First Mid Bancshares shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Independent Bank has a beta of 0.71, meaning that its stock price is 29% less volatile than the broader market. Comparatively, First Mid Bancshares has a beta of 0.78, meaning that its stock price is 22% less volatile than the broader market.

In the previous week, Independent Bank had 1 more articles in the media than First Mid Bancshares. MarketBeat recorded 2 mentions for Independent Bank and 1 mentions for First Mid Bancshares. First Mid Bancshares' average media sentiment score of 1.02 beat Independent Bank's score of 0.76 indicating that First Mid Bancshares is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Mid Bancshares
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank has a net margin of 22.32% compared to First Mid Bancshares' net margin of 19.76%. Independent Bank's return on equity of 14.12% beat First Mid Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank22.32% 14.12% 1.29%
First Mid Bancshares 19.76%10.86%1.29%

Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.0%. First Mid Bancshares pays an annual dividend of $1.04 per share and has a dividend yield of 2.1%. Independent Bank pays out 32.6% of its earnings in the form of a dividend. First Mid Bancshares pays out 25.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has increased its dividend for 11 consecutive years and First Mid Bancshares has increased its dividend for 3 consecutive years. Independent Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

First Mid Bancshares has higher revenue and earnings than Independent Bank. Independent Bank is trading at a lower price-to-earnings ratio than First Mid Bancshares, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independent Bank$229.91M3.59$68.54M$3.4410.79
First Mid Bancshares$466.04M2.87$91.75M$4.0312.48

Summary

First Mid Bancshares beats Independent Bank on 11 of the 18 factors compared between the two stocks.

How does Independent Bank compare to First Merchants?

First Merchants (NASDAQ:FRME) and Independent Bank (NASDAQ:IBCP) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, risk, analyst recommendations, profitability, valuation, dividends, institutional ownership and earnings.

In the previous week, First Merchants had 5 more articles in the media than Independent Bank. MarketBeat recorded 7 mentions for First Merchants and 2 mentions for Independent Bank. First Merchants' average media sentiment score of 1.02 beat Independent Bank's score of 0.76 indicating that First Merchants is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Merchants
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

73.9% of First Merchants shares are owned by institutional investors. Comparatively, 79.4% of Independent Bank shares are owned by institutional investors. 1.8% of First Merchants shares are owned by insiders. Comparatively, 5.9% of Independent Bank shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

First Merchants presently has a consensus target price of $49.00, indicating a potential upside of 16.58%. Independent Bank has a consensus target price of $39.50, indicating a potential upside of 6.38%. Given First Merchants' stronger consensus rating and higher possible upside, analysts clearly believe First Merchants is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Independent Bank
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Independent Bank has a net margin of 22.32% compared to First Merchants' net margin of 17.05%. Independent Bank's return on equity of 14.12% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants17.05% 8.86% 1.12%
Independent Bank 22.32%14.12%1.29%

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.5%. Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.0%. First Merchants pays out 47.4% of its earnings in the form of a dividend. Independent Bank pays out 32.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. First Merchants has increased its dividend for 13 consecutive years and Independent Bank has increased its dividend for 11 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

First Merchants has a beta of 0.84, indicating that its stock price is 16% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.71, indicating that its stock price is 29% less volatile than the broader market.

First Merchants has higher revenue and earnings than Independent Bank. Independent Bank is trading at a lower price-to-earnings ratio than First Merchants, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Merchants$1.05B2.51$226M$3.1213.47
Independent Bank$229.91M3.59$68.54M$3.4410.79

Summary

First Merchants beats Independent Bank on 11 of the 19 factors compared between the two stocks.

How does Independent Bank compare to Hope Bancorp?

Hope Bancorp (NASDAQ:HOPE) and Independent Bank (NASDAQ:IBCP) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, risk, media sentiment, analyst recommendations, earnings, valuation, dividends and institutional ownership.

Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.0%. Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.0%. Hope Bancorp pays out 56.0% of its earnings in the form of a dividend. Independent Bank pays out 32.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has raised its dividend for 11 consecutive years.

Hope Bancorp presently has a consensus target price of $15.50, indicating a potential upside of 10.95%. Independent Bank has a consensus target price of $39.50, indicating a potential upside of 6.38%. Given Hope Bancorp's stronger consensus rating and higher probable upside, analysts clearly believe Hope Bancorp is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hope Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Independent Bank
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Independent Bank has lower revenue, but higher earnings than Hope Bancorp. Independent Bank is trading at a lower price-to-earnings ratio than Hope Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hope Bancorp$967.63M1.85$61.59M$1.0013.97
Independent Bank$229.91M3.59$68.54M$3.4410.79

In the previous week, Independent Bank had 2 more articles in the media than Hope Bancorp. MarketBeat recorded 2 mentions for Independent Bank and 0 mentions for Hope Bancorp. Independent Bank's average media sentiment score of 0.76 beat Hope Bancorp's score of 0.00 indicating that Independent Bank is being referred to more favorably in the news media.

Company Overall Sentiment
Hope Bancorp Neutral
Independent Bank Positive

84.0% of Hope Bancorp shares are owned by institutional investors. Comparatively, 79.4% of Independent Bank shares are owned by institutional investors. 2.3% of Hope Bancorp shares are owned by insiders. Comparatively, 5.9% of Independent Bank shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Hope Bancorp has a beta of 0.83, meaning that its stock price is 17% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.71, meaning that its stock price is 29% less volatile than the broader market.

Independent Bank has a net margin of 22.32% compared to Hope Bancorp's net margin of 12.53%. Independent Bank's return on equity of 14.12% beat Hope Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hope Bancorp12.53% 5.71% 0.70%
Independent Bank 22.32%14.12%1.29%

Summary

Independent Bank beats Hope Bancorp on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IBCP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IBCP vs. The Competition

MetricIndependent BankBanks IndustryFinance SectorNASDAQ Exchange
Market Cap$824.25M$22.36B$13.63B$12.85B
Dividend Yield3.01%3.18%5.89%10.78%
P/E Ratio10.7927.5729.6124.25
Price / Sales3.599.32521.30100.86
Price / Cash9.7916.0638.1953.99
Price / Book1.561.362.186.20
Net Income$68.54M$2.58B$1.31B$348.59M
7 Day Performance-3.08%-1.08%-0.30%0.08%
1 Month Performance1.31%2.22%2.37%3.88%
1 Year Performance13.17%22.90%9.68%16.98%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IBCP
Independent Bank
4.22 of 5 stars
$37.13
-0.3%
$39.50
+6.4%
+13.2%$824.25M$229.91M10.79920
BUSE
First Busey
4.4329 of 5 stars
$30.92
-0.5%
$32.00
+3.5%
+25.4%$2.55B$789.53M12.781,948
CTBI
Community Trust Bancorp
3.8916 of 5 stars
$78.11
-0.5%
$81.50
+4.3%
+30.5%$1.42B$409.34M13.08980
FMBH
First Mid Bancshares
3.5703 of 5 stars
$51.46
-0.9%
$54.63
+6.2%
+25.3%$1.37B$466.04M12.771,170
FRME
First Merchants
4.8558 of 5 stars
$43.23
-0.7%
$49.00
+13.3%
+0.7%$2.71B$1.05B13.862,086

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This page (NASDAQ:IBCP) was last updated on 8/23/2026 by MarketBeat.com Staff.
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