Independent Bank Corporation (IBCP)
NASDAQ: IBCP · IEX Real-Time Price · USD
21.80
-0.03 (-0.14%)
At close: Aug 19, 2022 4:00 PM
21.79
-0.02 (-0.07%)
After-hours:
Aug 19, 2022 4:05 PM EDT
Stock Price Forecast
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IBCP stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '22 | Apr '22 | May '22 | Jun '22 | Jul '22 | Aug '22 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 12 | 12 |
Financial Forecast
Revenue This Year
142.91M
from 208.34M
Decreased by
-31.41%
from 208.34M
Revenue Next Year
155.40M
from 142.91M
Increased by
8.74%
from 142.91M
EPS This Year
2.65
from 2.91
Decreased by
-9.01%
from 2.91
EPS Next Year
2.57
from 2.65
Decreased by
-3.09%
from 2.65
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
|
130.52M | 156.59M | 169.49M | 191.89M | 208.34M | 142.91M | 155.40M | 163.04M | 170.77M | 182.43M |
| Revenue Growth
|
5.90% | 19.98% | 8.24% | 13.22% | 8.57% | -31.41% | 8.74% | 4.92% | 4.74% | 6.83% |
| EPS
|
0.96 | 1.70 | 2.03 | 2.56 | 2.91 | 2.65 | 2.57 | 2.70 | 2.68 | 2.71 |
| EPS Growth
|
-9.43% | 77.08% | 19.41% | 26.11% | 13.67% | -9.01% | -3.09% | 5.34% | -0.86% | 1.12% |
| No. Analysts | - | - | - | - | - | 8 | 8 | 3 | 1 | 1 |
Revenue Forecast
| Revenue | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | 149.4M | 161.9M | 167.8M | 179.3M | 189.7M |
| Avg | 142.9M | 155.4M | 163.0M | 170.8M | 182.4M |
| Low | 134.9M | 147.9M | 156.7M | 165.6M | 177.0M |
Revenue Growth
| Revenue Growth | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | 11.7%
| 13.3%
| 8.0%
| 10.0%
| 11.1%
|
| Avg | 6.9%
| 8.7%
| 4.9%
| 4.7%
| 6.8%
|
| Low | 0.9%
| 3.5%
| 0.8%
| 1.6%
| 3.6%
|
EPS Forecast
| EPS | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | 2.82 | 2.70 | 2.78 | 2.81 | 2.82 |
| Avg | 2.65 | 2.57 | 2.70 | 2.68 | 2.71 |
| Low | 2.41 | 2.40 | 2.60 | 2.60 | 2.63 |
EPS Growth
| EPS Growth | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | -6.0%
| 2.1%
| 8.4%
| 4.1%
| 5.2%
|
| Avg | -11.9%
| -3.1%
| 5.3%
| -0.9%
| 1.1%
|
| Low | -19.8%
| -9.3%
| 1.2%
| -3.8%
| -1.9%
|