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Independent Bank (IBCP) Competitors

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$37.07 -0.08 (-0.22%)
Closing price 09/11/2026 04:00 PM Eastern
Extended Trading
$37.07 0.00 (0.00%)
As of 09/11/2026 07:30 PM Eastern
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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 superior investment? We will contrast the two companies based on the strength of their media sentiment, profitability, dividends, risk, earnings, institutional ownership, analyst recommendations and valuation.

First Busey has a beta of 0.71, meaning that its share price is 29% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.7, meaning that its share price is 30% less volatile than the broader market.

In the previous week, First Busey had 3 more articles in the media than Independent Bank. MarketBeat recorded 4 mentions for First Busey and 1 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.43 beat First Busey's score of 0.85 indicating that Independent Bank is being referred to more favorably in the news media.

Company Overall Sentiment
First Busey Positive
Independent Bank Positive

First Busey currently has a consensus target price of $32.00, indicating a potential upside of 5.12%. Independent Bank has a consensus target price of $39.50, indicating a potential upside of 6.56%. Given Independent Bank's 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)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Independent Bank
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

First Busey pays an annual dividend of $1.04 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 3.0%. 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 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$789.53M3.18$135.26M$2.4212.58
Independent Bank$315.38M2.61$68.54M$3.4410.78

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

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%

Summary

First Busey beats Independent Bank on 10 of the 19 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 better stock? We will compare the two businesses based on the strength of their profitability, dividends, media sentiment, risk, institutional ownership, valuation, earnings and analyst recommendations.

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%

Community Trust Bancorp has a beta of 0.52, suggesting that its stock price is 48% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.7, suggesting that its stock price is 30% 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$409.34M3.45$98.06M$5.9713.01
Independent Bank$315.38M2.61$68.54M$3.4410.78

In the previous week, Community Trust Bancorp and Community Trust Bancorp both had 1 articles in the media. Community Trust Bancorp's average media sentiment score of 1.61 beat Independent Bank's score of 1.43 indicating that Community Trust Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
Community Trust Bancorp Very Positive
Independent Bank Positive

60.2% of Community Trust Bancorp shares are owned by institutional investors. Comparatively, 79.4% of Independent Bank shares are owned by institutional investors. 2.6% of Community Trust 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 stock will outperform the market over the long term.

Community Trust Bancorp pays an annual dividend of $2.12 per share and has a dividend yield of 2.7%. Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.0%. Community Trust Bancorp pays out 35.5% 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 raised its dividend for 44 consecutive years and Independent Bank has raised its dividend for 11 consecutive years. Independent Bank is clearly the better dividend stock, given its higher yield and lower payout ratio.

Community Trust Bancorp presently has a consensus price target of $81.50, suggesting a potential upside of 4.93%. Independent Bank has a consensus price target of $39.50, suggesting a potential upside of 6.56%. Given Independent Bank's higher probable upside, analysts plainly 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)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

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

How does Independent Bank compare to First Mid Bancshares?

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

In the previous week, First Mid Bancshares had 4 more articles in the media than Independent Bank. MarketBeat recorded 5 mentions for First Mid Bancshares and 1 mentions for Independent Bank. First Mid Bancshares' average media sentiment score of 1.54 beat Independent Bank's score of 1.43 indicating that First Mid Bancshares is being referred to more favorably in the media.

Company Overall Sentiment
First Mid Bancshares Very Positive
Independent Bank Positive

First Mid Bancshares pays an annual dividend of $1.04 per share and has a dividend yield of 2.0%. Independent Bank pays an annual dividend of $1.12 per share and has a dividend yield of 3.0%. First Mid Bancshares pays out 25.8% 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 Mid Bancshares has raised its dividend for 3 consecutive years and Independent Bank has raised its dividend for 11 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
First Mid Bancshares$466.04M2.91$91.75M$4.0312.66
Independent Bank$315.38M2.61$68.54M$3.4410.78

47.6% of First Mid Bancshares shares are held by institutional investors. Comparatively, 79.4% of Independent Bank shares are held by institutional investors. 6.0% of First Mid Bancshares shares are held by company insiders. Comparatively, 5.9% of Independent Bank shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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
First Mid Bancshares19.76% 10.86% 1.29%
Independent Bank 22.32%14.12%1.29%

First Mid Bancshares has a beta of 0.78, suggesting that its share price is 22% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.7, suggesting that its share price is 30% less volatile than the broader market.

First Mid Bancshares currently has a consensus target price of $54.63, indicating a potential upside of 7.07%. Independent Bank has a consensus target price of $39.50, indicating a potential upside of 6.56%. Given First Mid Bancshares' stronger consensus rating and higher probable upside, equities analysts clearly believe First Mid Bancshares is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Mid Bancshares
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

Summary

First Mid Bancshares beats Independent Bank on 13 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 stock? We will compare the two companies based on the strength of their risk, valuation, analyst recommendations, earnings, media sentiment, profitability, institutional ownership and dividends.

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.6%. 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 raised its dividend for 13 consecutive years and Independent Bank has raised 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.

In the previous week, First Merchants had 2 more articles in the media than Independent Bank. MarketBeat recorded 3 mentions for First Merchants and 1 mentions for Independent Bank. First Merchants' average media sentiment score of 1.78 beat Independent Bank's score of 1.43 indicating that First Merchants is being referred to more favorably in the media.

Company Overall Sentiment
First Merchants Very Positive
Independent Bank Positive

First Merchants currently has a consensus price target of $49.00, indicating a potential upside of 19.19%. Independent Bank has a consensus price target of $39.50, indicating a potential upside of 6.56%. Given First Merchants' stronger consensus rating and higher possible upside, research analysts plainly 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

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

First Merchants has a beta of 0.84, meaning that its stock price is 16% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.7, meaning that its stock price is 30% less volatile than the broader market.

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 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$1.05B2.45$226M$3.1213.18
Independent Bank$315.38M2.61$68.54M$3.4410.78

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 superior business? We will contrast the two companies based on the strength of their dividends, media sentiment, risk, valuation, institutional ownership, earnings, analyst recommendations and profitability.

Hope Bancorp has a beta of 0.83, suggesting that its stock price is 17% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.7, suggesting that its stock price is 30% less volatile than the broader market.

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 increased its dividend for 11 consecutive years.

Hope Bancorp presently has a consensus price target of $15.50, suggesting a potential upside of 11.19%. Independent Bank has a consensus price target of $39.50, suggesting a potential upside of 6.56%. Given Hope Bancorp's stronger consensus rating and higher possible upside, equities research 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$967.63M1.84$61.59M$1.0013.94
Independent Bank$315.38M2.61$68.54M$3.4410.78

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%

84.0% of Hope Bancorp shares are held by institutional investors. Comparatively, 79.4% of Independent Bank shares are held by institutional investors. 2.3% of Hope Bancorp shares are held by insiders. Comparatively, 5.9% of Independent Bank shares are held by 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, Hope Bancorp had 3 more articles in the media than Independent Bank. MarketBeat recorded 4 mentions for Hope Bancorp and 1 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.43 beat Hope Bancorp's score of 1.32 indicating that Independent Bank is being referred to more favorably in the news media.

Company Overall Sentiment
Hope Bancorp Positive
Independent Bank Positive

Summary

Independent Bank beats Hope Bancorp on 10 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$824.70M$23.86B$14.01B$12.71B
Dividend Yield3.01%3.17%5.94%11.16%
P/E Ratio10.7827.1925.6725.27
Price / Sales2.619.64509.9288.20
Price / Cash9.8016.1340.1651.44
Price / Book1.521.392.756.20
Net Income$68.54M$2.58B$1.32B$358.27M
7 Day Performance-0.80%-0.52%-1.17%-2.36%
1 Month Performance-3.19%-0.02%0.26%-2.77%
1 Year Performance16.79%23.58%9.27%7.64%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IBCP
Independent Bank
3.9947 of 5 stars
$37.07
-0.2%
$39.50
+6.6%
+15.2%$824.70M$315.38M10.78920
BUSE
First Busey
3.6903 of 5 stars
$30.42
-0.8%
$32.00
+5.2%
+23.6%$2.53B$1.04B11.441,948
CTBI
Community Trust Bancorp
4.4597 of 5 stars
$77.06
-0.9%
$81.50
+5.8%
+35.9%$1.41B$409.34M13.02980
FMBH
First Mid Bancshares
3.5181 of 5 stars
$50.87
-0.9%
$54.63
+7.4%
+27.2%$1.37B$466.04M11.591,170
FRME
First Merchants
4.741 of 5 stars
$41.17
-2.1%
$49.00
+19.0%
+1.8%$2.64B$1.05B11.252,086

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This page (NASDAQ:IBCP) was last updated on 9/12/2026 by MarketBeat.com Staff.
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