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Asset logo for symbol IBCP
Independent Bank Corp-MI
IBCP68
$35.14arrow_drop_up0.45%$0.16
Asset logo for symbol IBCP
IBCP68

$35.14

arrow_drop_up0.45%

Performance History

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Key Stats
Open$34.51
Prev. Close$34.98
EPS2.94
Next Earnings DateFeb 18, 2025
LOWHIGH
Day Range34.74
35.85
52 Week Range16.90
45.03
Ratios
EBITDA Margin %-
EPS2.94

Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About Independent Bank Corp-MI (IBCP)

Independent Bank Corp-MI, also known as IBCP, is a financial services holding company that operates through its subsidiary, Independent Bank. Founded in 1864, Independent Bank provides a full range of banking services, including commercial banking, retail banking, wealth management, and mortgage lending. With headquarters in Michigan, Independent Bank has a strong presence in the Midwest region, serving customers throughout Michigan and parts of Northern Indiana. As of [DATE], Independent Bank Corp-MI had a market capitalization of [MARKET_CAP], positioning it as a mid-sized bank in the industry. The company's stock, IBCP, is listed on the NASDAQ exchange.
Independent Bank Corp-MI has a solid financial performance, with a history of consistent growth and profitability. The company's stock price has shown resilience over the years, with fluctuations influenced by market conditions and industry trends. To stay informed about the latest stock price of IBCP, investors can refer to financial news platforms or the company's official investor relations website. In addition to stock price updates, these sources provide valuable information regarding IBCP's financial performance, strategic initiatives, and industry outlook.
Sector
Financial Services
Industry
Banks—Regional
CEO
Mr. William Bradford Kessel CPA, CPA
Headquarters
Grand Rapids
Employees
803
Exchange
NASDAQ
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Frequently Asked Questions

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What is the 52-week high and low for Independent Bank Corp-MI (IBCP)?

For Independent Bank Corp-MI (IBCP), the 52-week high is $45.03, which is 28.16% from the current price. The 52-week low is $16.9, the current price is 107.93% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.
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What is Independent Bank Corp-MI's (IBCP) price per share?

The current price per share for Independent Bank Corp-MI (IBCP) is $35.14. The stock has seen a price change of $0.16 recently, indicating a 0.46% change. This reflects the stock's recent market performance and investor sentiment.
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Is Independent Bank Corp-MI (IBCP) a growth stock?

Independent Bank Corp-MI (IBCP) has shown an average price growth of -4.97% over the past three years. It has received a score of 70 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Independent Bank Corp-MI as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.
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What is Independent Bank Corp-MI (IBCP) stock price performance year to date (YTD)?

As of the latest data, Independent Bank Corp-MI (IBCP) has a year-to-date price change of 36.47%. Over the past month, the stock has experienced a price change of -6.84%. Over the last three months, the change has been 4%. Over the past six months, the figure is 47.15%. Looking at a longer horizon, the five-year price change stands at 54.12%.
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Is Independent Bank Corp-MI (IBCP) a profitable company?

Independent Bank Corp-MI (IBCP) has a net income of $59.07M, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 36% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $200.5M, although specific revenue growth data is currently not available. The gross profit is $294.56M. Operating income is noted at $91.52M. Furthermore, the EBITDA is $0.
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What is the market capitalization of Independent Bank Corp-MI (IBCP)?

Independent Bank Corp-MI (IBCP) has a market capitalization of $734.22M. The average daily trading volume is 35.21, indicating the stock's liquidity and investor engagement.

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