Independent Bank Statistics
Total Valuation
IBCP has a market cap or net worth of $673.24 million. The enterprise value is $649.32 million.
Important Dates
The next estimated earnings date is Thursday, April 23, 2026, before market open.
| Earnings Date | Apr 23, 2026 |
| Ex-Dividend Date | Feb 3, 2026 |
Share Statistics
IBCP has 20.59 million shares outstanding. The number of shares has decreased by -0.68% in one year.
| Current Share Class | 20.59M |
| Shares Outstanding | 20.59M |
| Shares Change (YoY) | -0.68% |
| Shares Change (QoQ) | -0.27% |
| Owned by Insiders (%) | 2.61% |
| Owned by Institutions (%) | 85.32% |
| Float | 20.05M |
Valuation Ratios
The trailing PE ratio is 10.00 and the forward PE ratio is 9.36.
| PE Ratio | 10.00 |
| Forward PE | 9.36 |
| PS Ratio | 3.07 |
| Forward PS | 3.32 |
| PB Ratio | 1.34 |
| P/TBV Ratio | 1.42 |
| P/FCF Ratio | 9.59 |
| P/OCF Ratio | 8.78 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 9.47 |
| EV / Sales | 2.96 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 9.25 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | 2.05 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.31%.
| Return on Equity (ROE) | 14.31% |
| Return on Assets (ROA) | 1.26% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 6.89% |
| Revenue Per Employee | $265,768 |
| Profits Per Employee | $82,979 |
| Employee Count | 826 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, IBCP has paid $12.75 million in taxes.
| Income Tax | 12.75M |
| Effective Tax Rate | 15.68% |
Stock Price Statistics
The stock price has increased by +2.80% in the last 52 weeks. The beta is 0.75, so IBCP's price volatility has been lower than the market average.
| Beta (5Y) | 0.75 |
| 52-Week Price Change | +2.80% |
| 50-Day Moving Average | 34.76 |
| 200-Day Moving Average | 32.81 |
| Relative Strength Index (RSI) | 38.39 |
| Average Volume (20 Days) | 218,320 |
Short Selling Information
The latest short interest is 388,147, so 1.89% of the outstanding shares have been sold short.
| Short Interest | 388,147 |
| Short Previous Month | 216,703 |
| Short % of Shares Out | 1.89% |
| Short % of Float | 1.94% |
| Short Ratio (days to cover) | 2.53 |
Income Statement
In the last 12 months, IBCP had revenue of $219.52 million and earned $68.54 million in profits. Earnings per share was $3.27.
| Revenue | 219.52M |
| Gross Profit | 219.52M |
| Operating Income | 84.12M |
| Pretax Income | 81.29M |
| Net Income | 68.54M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $3.27 |
Full Income StatementBalance Sheet
The company has $167.87 million in cash and $143.95 million in debt, with a net cash position of $23.93 million or $1.16 per share.
| Cash & Cash Equivalents | 167.87M |
| Total Debt | 143.95M |
| Net Cash | 23.93M |
| Net Cash Per Share | $1.16 |
| Equity (Book Value) | 502.95M |
| Book Value Per Share | 24.48 |
| Working Capital | -4.70B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $76.66 million and capital expenditures -$6.49 million, giving a free cash flow of $70.17 million.
| Operating Cash Flow | 76.66M |
| Capital Expenditures | -6.49M |
| Depreciation & Amortization | n/a |
| Net Borrowing | -8.01M |
| Free Cash Flow | 70.17M |
| FCF Per Share | $3.41 |
Full Cash Flow StatementMargins
| Gross Margin | n/a |
| Operating Margin | 38.32% |
| Pretax Margin | 37.03% |
| Profit Margin | 31.22% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | 31.96% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 3.43%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 3.43% |
| Dividend Growth (YoY) | 8.16% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 32.42% |
| Buyback Yield | 0.68% |
| Shareholder Yield | 4.09% |
| Earnings Yield | 10.18% |
| FCF Yield | 10.42% |
Dividend DetailsAnalyst Forecast
The average price target for IBCP is $36.67, which is 12.14% higher than the current price. The consensus rating is "Hold".
| Price Target | $36.67 |
| Price Target Difference | 12.14% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside | |
Stock Splits
The last stock split was on September 1, 2010. It was a reverse split with a ratio of 1:10.
| Last Split Date | Sep 1, 2010 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |
