Independent Bank Corporation (IBCP)
| Market Cap | 715.24M +8.1% |
| Revenue (ttm) | 219.52M +0.6% |
| Net Income | 68.54M +2.6% |
| EPS | 3.27 +3.5% |
| Shares Out | 20.59M |
| PE Ratio | 10.62 |
| Forward PE | 9.94 |
| Dividend | $1.12 (3.22%) |
| Ex-Dividend Date | Feb 3, 2026 |
| Volume | 125,479 |
| Open | 35.00 |
| Previous Close | 34.79 |
| Day's Range | 34.36 - 35.28 |
| 52-Week Range | 28.05 - 37.39 |
| Beta | 0.75 |
| Analysts | Hold |
| Price Target | 36.67 (+5.56%) |
| 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 3 analysts, the average rating for IBCP stock is "Hold." The 12-month stock price target is $36.67, which is an increase of 5.56% from the latest price.
News
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 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 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...
Independent Bank Corporation Announces 7.7% Increase in Quarterly Cash Dividend on Common Stock
GRAND RAPIDS, Mich., Jan. 16, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its B...
Independent Bank Corporation Announces Appointment of Michael J. Stodolak as Executive Vice President Retail Banking following the Retirement of Russ Daniel
GRAND RAPIDS, Mich., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it has prom...
Independent Bank Corporation Appoints Michael G. Wooldridge To Its Board of Directors
GRAND RAPIDS, Mich., Dec. 19, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board o...
Independent Bank Corporation Announces the Adoption of its 2026 Share Repurchase Plan
GRAND RAPIDS, Mich., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board o...
Independent Bank Corporation Reports 2025 Third Quarter Results
Third Quarter Highlights Highlights for the third quarter of 2025 include: Increase in net interest income of $0.7 million (or 1.7%) over the second quarter of 2025; Increase in tangible common equity...
Independent Bank Corporation Announces Date for Its Third Quarter 2025 Earnings Release
GRAND RAPIDS, Mich., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects...
Independent Bank Corporation Expresses Deepest Sympathy on the Passing of Past Chairman of the Board of Directors Michael M. Magee, Jr.
GRAND RAPIDS, Mich., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, announced with great sadness that Michael M. Magee, Jr., cu...
Federal Home Loan Bank of Indianapolis presents annual Community Spirit Award to Michigan lender for affordable housing achievements
INDIANAPOLIS, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Today the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) announced Jason Blain, senior commercial lender at Grand Rapids-base...
Independent Bank Corporation Reports 2025 Second Quarter Results
Second Quarter Highlights Highlights for the second quarter of 2025 include: Increase in net interest income of $0.9 million (or 2.1%) over the first quarter of 2025; Increase in tangible common equi...
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock
GRAND RAPIDS, Mich., July 22, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its B...
Independent Bank Corporation Announces Date for Its Second Quarter 2025 Earnings Release
GRAND RAPIDS, Mich., June 26, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects ...
Independent Bank Corporation Reports 2025 First Quarter Results
First Quarter Highlights Highlights for the first quarter of 2025 include: Increase in net interest income of $0.8 million (or 1.9%) over the fourth quarter of 2024; Increase in tangible book value p...
Independent Bank Corporation Announces Date for Its First Quarter 2025 Earnings Release
GRAND RAPIDS, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects...
Independent Bank Corporation Reports 2024 Fourth Quarter Results
Fourth Quarter Highlights Highlights for the fourth quarter of 2024 include: An increase in net interest income of $1.0 million (2.4%) over the third quarter of 2024; A net interest margin of 3.45% (e...
Independent Bank Corporation Announces 8% Increase in Quarterly Cash Dividend on Common Stock
GRAND RAPIDS, Mich., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its B...
Independent Bank Corporation Announces Appointment of New Chief Operating Officer
GRAND RAPIDS, Mich., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that Christopher...
UPDATE -- Independent Bank Corporation Announces Date for its Fourth Quarter 2024 Earnings Release
GRAND RAPIDS, Mich., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects ...
Independent Bank Corporation Announces Date for its Fourth Quarter 2024 Earnings Release
GRAND RAPIDS, Mich., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects ...
Independent Bank Corporation Announces the Adoption of its 2025 Share Repurchase Plan
GRAND RAPIDS, Mich., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board o...
Independent Bank Corporation Reports 2024 Third Quarter Results
Third Quarter Highlights Highlights for the third quarter of 2024 include: Increases in net interest income of $0.5 million (or 4.9% annualized) from June 30, 2024; An increase in tangible book value ...
Independent Bank Corporation Announces Date for Its Third Quarter 2024 Earnings Release
GRAND RAPIDS, Mich., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects...
Independent Bank Corporation Announces Date for Its Second Quarter 2024 Earnings Release
GRAND RAPIDS, Mich., June 28, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects ...