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Independent Bank (IBCP) Competitors

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$36.04 +0.47 (+1.32%)
As of 12:41 PM Eastern
This is a fair market value price provided by Massive. Learn more.

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?

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

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
First Busey21.00% 10.48% 1.40%
Independent Bank 22.32%14.12%1.29%

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
First Busey$1.04B2.35$135.26M$2.4212.26
Independent Bank$315.38M2.54$68.54M$3.4410.50

First Busey currently has a consensus target price of $31.00, indicating a potential upside of 4.46%. Independent Bank has a consensus target price of $39.50, indicating a potential upside of 9.34%. Given Independent Bank's stronger consensus rating and higher probable upside, analysts clearly believe Independent Bank is more favorable than First Busey.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Independent Bank
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

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

In the previous week, Independent Bank had 1 more articles in the media than First Busey. MarketBeat recorded 2 mentions for Independent Bank and 1 mentions for First Busey. Independent Bank's average media sentiment score of 1.00 beat First Busey's score of 0.87 indicating that Independent Bank is being referred to more favorably in the news media.

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

First Busey pays an annual dividend of $1.04 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 3.1%. First Busey pays out 43.0% 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. First Busey has increased its dividend for 10 consecutive years and Independent Bank has increased its dividend for 11 consecutive years.

First Busey has a beta of 0.75, meaning that its stock price is 25% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.73, meaning that its stock price is 27% less volatile than the broader market.

Summary

Independent Bank beats First Busey on 12 of the 18 factors compared between the two stocks.

How does Independent Bank compare to Community Trust Bancorp?

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

60.2% of Community Trust Bancorp shares are held by institutional investors. Comparatively, 79.4% of Independent Bank shares are held by institutional investors. 2.6% of Community Trust Bancorp shares are held by insiders. Comparatively, 5.9% of Independent Bank shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Community Trust Bancorp pays an annual dividend of $2.60 per share and has a dividend yield of 3.4%. Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.1%. Community Trust Bancorp pays out 43.6% 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. Community Trust Bancorp has increased its dividend for 44 consecutive years and Independent Bank has increased its dividend for 11 consecutive years. Community Trust Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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 1.33 beat Independent Bank's score of 1.00 indicating that Community Trust Bancorp is being referred to more favorably in the media.

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

Community Trust Bancorp currently has a consensus price target of $81.50, indicating a potential upside of 7.64%. Independent Bank has a consensus price target of $39.50, indicating a potential upside of 9.34%. Given Independent Bank's higher possible upside, analysts clearly believe Independent Bank is more favorable than Community Trust Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Community Trust Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
Independent Bank
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Community Trust Bancorp has a beta of 0.54, suggesting that its share price is 46% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.73, suggesting that its share price is 27% less volatile than the broader market.

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
Community Trust Bancorp$409.34M3.36$98.06M$5.9712.68
Independent Bank$315.38M2.54$68.54M$3.4410.50

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
Community Trust Bancorp25.55% 12.52% 1.60%
Independent Bank 22.32%14.12%1.29%

Summary

Community Trust Bancorp beats Independent Bank on 13 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 superior stock? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, profitability, dividends, valuation, earnings, risk and analyst recommendations.

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$315.38M2.54$68.54M$3.4410.50
First Mid Bancshares$466.04M2.84$91.75M$4.0312.34

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 has a beta of 0.73, meaning that its share price is 27% less volatile than the broader market. Comparatively, First Mid Bancshares has a beta of 0.8, meaning that its share price is 20% less volatile than the broader market.

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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.1%. 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.

Independent Bank currently has a consensus target price of $39.50, suggesting a potential upside of 9.34%. First Mid Bancshares has a consensus target price of $54.63, suggesting a potential upside of 9.85%. Given First Mid Bancshares' higher probable upside, analysts clearly 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)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
First Mid Bancshares
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, Independent Bank and Independent Bank both had 2 articles in the media. Independent Bank's average media sentiment score of 1.00 beat First Mid Bancshares' score of 0.44 indicating that Independent Bank is being referred to more favorably in the media.

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

Summary

First Mid Bancshares beats Independent Bank on 9 of the 16 factors compared between the two stocks.

How does Independent Bank compare to First Merchants?

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

79.4% of Independent Bank shares are held by institutional investors. Comparatively, 73.9% of First Merchants shares are held by institutional investors. 5.9% of Independent Bank shares are held by insiders. Comparatively, 1.8% of First Merchants shares are held 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.

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
Independent Bank22.32% 14.12% 1.29%
First Merchants 17.05%8.86%1.12%

Independent Bank has a beta of 0.73, indicating that its share price is 27% less volatile than the broader market. Comparatively, First Merchants has a beta of 0.87, indicating that its share price is 13% less volatile than the broader market.

In the previous week, First Merchants had 8 more articles in the media than Independent Bank. MarketBeat recorded 10 mentions for First Merchants and 2 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.00 beat First Merchants' score of 0.33 indicating that Independent Bank is being referred to more favorably in the media.

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

Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.1%. First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.7%. Independent Bank pays out 32.6% of its earnings in the form of a dividend. First Merchants pays out 47.4% 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 and First Merchants has raised its dividend for 13 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Independent Bank presently has a consensus price target of $39.50, indicating a potential upside of 9.34%. First Merchants has a consensus price target of $51.00, indicating a potential upside of 27.81%. Given First Merchants' higher possible upside, analysts plainly believe First Merchants is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
First Merchants
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

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
Independent Bank$315.38M2.54$68.54M$3.4410.50
First Merchants$1.05B2.38$226M$3.1212.79

Summary

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

How does Independent Bank compare to Hope Bancorp?

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

79.4% of Independent Bank shares are held by institutional investors. Comparatively, 84.0% of Hope Bancorp shares are held by institutional investors. 5.9% of Independent Bank shares are held by company insiders. Comparatively, 2.3% of Hope Bancorp shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Independent Bank currently has a consensus target price of $39.50, indicating a potential upside of 9.34%. Hope Bancorp has a consensus target price of $15.50, indicating a potential upside of 13.59%. Given Hope Bancorp's higher probable upside, analysts plainly believe Hope 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)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

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
Independent Bank22.32% 14.12% 1.29%
Hope Bancorp 12.53%5.71%0.70%

In the previous week, Hope Bancorp had 2 more articles in the media than Independent Bank. MarketBeat recorded 4 mentions for Hope Bancorp and 2 mentions for Independent Bank. Hope Bancorp's average media sentiment score of 1.03 beat Independent Bank's score of 1.00 indicating that Hope 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hope Bancorp
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank has a beta of 0.73, meaning that its stock price is 27% less volatile than the broader market. Comparatively, Hope Bancorp has a beta of 0.87, meaning that its stock price is 13% less volatile than the broader market.

Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.1%. Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.1%. Independent Bank pays out 32.6% of its earnings in the form of a dividend. Hope Bancorp pays out 56.0% 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.

Independent Bank has higher earnings, but lower revenue 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
Independent Bank$315.38M2.54$68.54M$3.4410.50
Hope Bancorp$967.63M1.80$61.59M$1.0013.65

Summary

Independent Bank beats Hope Bancorp on 10 of the 18 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$801.93M$22.51B$13.28B$13.24B
Dividend Yield3.18%3.14%6.03%15.88%
P/E Ratio10.5025.3824.4626.08
Price / Sales2.548.95507.0392.41
Price / Cash9.3014.6847.4551.25
Price / Book1.491.342.696.30
Net Income$68.54M$2.58B$1.32B$361.41M
7 Day Performance0.83%-1.05%-1.06%-1.55%
1 Month Performance-1.70%-2.07%0.98%-3.80%
1 Year Performance19.23%21.61%8.09%2.92%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IBCP
Independent Bank
4.1974 of 5 stars
$36.04
+1.3%
$39.50
+9.6%
+16.2%$800.75M$315.38M10.49826
BUSE
First Busey
3.6715 of 5 stars
$29.71
-0.8%
$32.00
+7.7%
+27.6%$2.47B$1.04B12.281,948
CTBI
Community Trust Bancorp
4.0527 of 5 stars
$75.09
-0.6%
$81.50
+8.5%
+36.9%$1.37B$409.34M12.58930
FMBH
First Mid Bancshares
3.75 of 5 stars
$49.21
-0.9%
$54.63
+11.0%
+31.7%$1.32B$466.04M12.211,170
FRME
First Merchants
4.7377 of 5 stars
$40.65
-0.6%
$49.00
+20.5%
+4.7%$2.57B$1.05B13.032,086

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This page (NASDAQ:IBCP) was last updated on 10/2/2026 by MarketBeat.com Staff.
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