Independent Bank Corporation (IBCP)
| Market Cap | 698.55M +5.7% |
| Revenue (ttm) | 224.68M +2.4% |
| Net Income | 69.83M +5.2% |
| EPS | 3.34 +6.4% |
| Shares Out | 20.61M |
| PE Ratio | 10.15 |
| Forward PE | 9.40 |
| Dividend | $1.12 (3.30%) |
| Ex-Dividend Date | May 4, 2026 |
| Volume | 85,810 |
| Open | 34.15 |
| Previous Close | 34.03 |
| Day's Range | 33.70 - 34.25 |
| 52-Week Range | 29.63 - 37.39 |
| Beta | 0.70 |
| Analysts | Hold |
| Price Target | 36.70 (+8.26%) |
| Earnings Date | Apr 23, 2026 |
About IBCP
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and fin... [Read more]
Financial Performance
In 2025, Independent Bank's revenue was $219.52 million, an increase of 0.63% compared to the previous year's $218.14 million. Earnings were $68.54 million, an increase of 2.62%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for IBCP stock is "Hold." The 12-month stock price target is $36.7, which is an increase of 8.26% from the latest price.
News
Independent Bank price target raised to $37 from $36 at DA Davidson
DA Davidson raised the firm’s price target on Independent Bank (IBCP) to $37 from $36 and keeps a Neutral rating on the shares after its Q1 earnings beat. The company’s…
Independent Bank price target lowered to $37 from $39 at Piper Sandler
Piper Sandler lowered the firm’s price target on Independent Bank (IBCP) to $37 from $39 and keeps a Neutral rating on the shares. Following 1.5 weeks of Q1 earnings season,…
Independent Bank Earnings Call Transcript: Q1 2026
Q1 2026 saw higher net income, margin expansion, and strong commercial loan growth, though total loan growth lagged forecasts. Noninterest expense was elevated by nonrecurring items, and the HCB merger is expected to drive future efficiencies.
Independent Bank Earnings release: Q1 2026
Independent Bank released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.
Independent Bank Slides: Q1 2026
Independent Bank has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 23, 2026.
Independent Bank Quarterly report: Q1 2026
Independent Bank has published its Q1 2026 quarterly earnings report on April 23, 2026.
Independent Bank reports Q1 EPS 81c, consensus 79c
Reports Q1 CET1 capital ratio 11.43%. William Kessel, the president and CEO of Independent Bank (IBCP) Corporation, commented: “Our first quarter results reflect the strength of our core fundamentals,...
Independent Bank Transcript: AGM 2026
The meeting highlighted strong 2025 financial results, increased dividends, and a merger with HCB Financial. All director nominees and proposals were approved, with strategic focus on growth, digital innovation, and operational efficiency.
Independent Bank Corporation Announces Quarterly Cash Dividend On Common Stock
GRAND RAPIDS, Mich., April 21, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its ...
Independent Bank Corporation Announces Date for Its First Quarter 2026 Earnings Release
GRAND RAPIDS, Mich., March 31, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects...
Independent Bank Transcript: M&A announcement
The merger creates a culturally aligned, low-risk combination that expands scale in Michigan, delivers strong cost synergies, and is expected to be 6% accretive to 2027 EPS with minimal dilution. Integration is targeted for Q3 2026, with full cost savings by 2027.
Independent Bank Press release: M&A announcement
Independent Bank issued a press release on March 19, 2026, disclosing material business information to investors.
Independent Bank Slides: M&A announcement
Independent Bank has posted slides in relation to its latest quarterly earnings report, which was published on March 19, 2026.
Independent Bank to merger with HCB in a cash and stock deal valued at $70.2M
Independent Bank (IBCP) Corporation and HCB Financial jointly announced the execution of a definitive merger agreement under which HCB will merge with Independent in a cash and stock transaction value...
Independent Bank Corporation and HCB Financial Corp. Announce Definitive Merger Agreement
GRAND RAPIDS, Mich., and HASTINGS, Mich., March 18, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) (“Independent”), the parent company of Independent Bank, and HCB Financial Corp...
Independent Bank Proxy statement: Proxy Filing
Independent Bank filed a proxy statement on March 6, 2026, providing details for shareholder voting and corporate governance matters.
Independent Bank Proxy statement: Proxy Filing
Independent Bank filed a proxy statement on March 6, 2026, providing details for shareholder voting and corporate governance matters.
Independent Bank price target raised to $39 from $36 at Piper Sandler
Piper Sandler analyst Nathan Race raised the firm’s price target on Independent Bank (IBCP) to $39 from $36 and keeps a Neutral rating on the shares. The firm says that…
Independent Bank price target raised to $37 from $35 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on Independent Bank (IBCP) to $37 from $35 and keeps a Market Perform rating on the shares.
Independent Bank Earnings Call Transcript: Q4 2025
Q4 2025 net income rose to $18.6M, with strong commercial loan growth and improved NIM. 2026 guidance targets 4.5%-5.5% loan growth, 7%-8% NII growth, and stable credit quality, with capital strength supporting dividends and potential share repurchases.
Independent Bank Annual report: Q4 2025
Independent Bank has published its Q4 2025 annual report on January 22, 2026.
Independent Bank Earnings release: Q4 2025
Independent Bank released its Q4 2025 earnings on January 22, 2026, summarizing the period's financial results.
Independent Bank Slides: Q4 2025
Independent Bank has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on January 22, 2026.
Independent Bank reports Q4 EPS 89c, consensus 84c
“Our fourth-quarter performance marked the culmination of another remarkable year, with our organization excelling on all fundamentals,” said William Kessel, the President and Chief Executive Officer....
Independent Bank Corporation Reports Fourth Quarter Earnings Of $0.89 Per Diluted Share; Board Authorizes 5% Stock Repurchase Plan
GRAND RAPIDS, Mich., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported fourth quarter 2025 net income of $18.6 million, or $0.89 per diluted share, versus net inco...