Independent Bank Corporation (IBCP)
| Market Cap | 789.41M +22.4% |
| Revenue (ttm) | 230.76M +6.1% |
| Net Income | 71.75M +10.8% |
| EPS | 3.45 +12.8% |
| Shares Out | 22.20M |
| PE Ratio | 10.25 |
| Forward PE | 9.41 |
| Dividend | $1.12 (3.13%) |
| Ex-Dividend Date | Aug 4, 2026 |
| Volume | 113,811 |
| Open | 35.60 |
| Previous Close | 35.37 |
| Day's Range | 35.54 - 35.76 |
| 52-Week Range | 29.83 - 39.24 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 40.20 (+13.05%) |
| Earnings Date | Oct 27, 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 "Buy." The 12-month stock price target is $40.2, which is an increase of 13.05% from the latest price.
News
Independent Bank upgraded to Overweight from Neutral at Piper Sandler
Piper Sandler upgraded Independent Bank (IBCP) to Overweight from Neutral with an unchanged price target of $42. The firm adjusted ratings in the Midwest bank group citing the “fluid” macro…
Independent Bank Corporation Announces Date for Its Third Quarter 2026 Earnings Release
GRAND RAPIDS, Mich., Sept. 29, 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 price target raised to $42 from $37 at Piper Sandler
Piper Sandler raised the firm’s price target on Independent Bank (IBCP) to $42 from $37 and keeps a Neutral rating on the shares. The firm notes the company posted strong…
Independent Bank price target raised to $38 from $37 at Keefe Bruyette
Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on Independent Bank (IBCP) to $38 from $37 and keeps a Market Perform rating on the shares. Published first on…
Independent Bank Earnings Call Transcript: Q2 2026
Q2 2026 net income rose to $18.8M with strong loan and deposit growth, margin expansion, and robust capital ratios. HCB Financial acquisition closed, with cost savings expected in 2027. Non-performing loans increased due to a single exposure, but asset quality remains strong.
Independent Bank Earnings release: Q2 2026
Independent Bank released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
Independent Bank Quarterly report: Q2 2026
Independent Bank has published its Q2 2026 quarterly earnings report on July 23, 2026.
Independent Bank Slides: Q2 2026
Independent Bank has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.
Independent Bank reports Q2 EPS 90c, consensus 84c
Reports Q2 CET1 capital ratio 11.45%. Reports Q2 tangible common equity ratio 8.9%. William Kessel, the President and Chief Executive Officer of Independent Bank (IBCP) Corporation, commented: “Our se...
Independent Bank Corporation Reports 2026 Second Quarter Earnings of $0.90 per Diluted Share
GRAND RAPIDS, Mich., July 23, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported second quarter 2026 net income of $18.8 million, or $0.90 per diluted share, versus net inco...
Independent Bank Corporation Appoints Nathan E. Tagg to Its Board of Directors
GRAND RAPIDS, Mich., July 22, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company for Independent Bank and Highpoint Community Bank, today announced the appointme...
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock
GRAND RAPIDS, Mich., July 21, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company for Independent Bank and Highpoint Community Bank, Michigan-based community bank...
Independent Bank upgraded to Outperform from Market Perform at Hovde Group
Hovde Group upgraded Independent Bank (IBCP) to Outperform from Market Perform.
Independent Bank Corporation Announces Date for Its Second Quarter 2026 Earnings Release
GRAND RAPIDS, Mich., July 06, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), a Michigan-based bank holding company, announced that it expects to issue its 2026 second quarter re...
Independent Bank Corporation Announces Completion of the HCB Financial Corp. and Highpoint Community Bank Acquisition
GRAND RAPIDS, Mich., and HASTINGS, Mich., July 01, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the parent company of Independent Bank, with total assets of approximately $5.6...
Independent Bank announces shareholder approval to acquire HCB Financial
Independent Bank (IBCP) Corporation, the parent company of Independent Bank, with total assets of approximately $5.5B, and HCB Financial Corp., the parent company of Highpoint Community Bank, with tot...
Independent Bank Corporation Announces Shareholder Approval to Acquire HCB Financial Corp. and Highpoint Community Bank
GRAND RAPIDS, Mich., and HASTINGS, Mich., June 18, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the parent company of Independent Bank, with total assets of approximately $5.5...
Independent Bank Corporation Announces Regulatory Approvals to Acquire HCB Financial Corp. and Highpoint Community Bank
GRAND RAPIDS, Mich. and HASTINGS, Mich., June 12, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the parent company of Independent Bank, with total assets of approximately $5.5 ...
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,...