Independent Bank Statistics
Total Valuation
IBCP has a market cap or net worth of $679.69 million. The enterprise value is $708.56 million.
Important Dates
The next estimated earnings date is Thursday, October 23, 2025, before market open.
Earnings Date | Oct 23, 2025 |
Ex-Dividend Date | Aug 5, 2025 |
Share Statistics
IBCP has 20.71 million shares outstanding. The number of shares has decreased by -0.01% in one year.
Current Share Class | 20.71M |
Shares Outstanding | 20.71M |
Shares Change (YoY) | -0.01% |
Shares Change (QoQ) | -0.96% |
Owned by Insiders (%) | 2.34% |
Owned by Institutions (%) | 85.00% |
Float | 20.23M |
Valuation Ratios
The trailing PE ratio is 10.73 and the forward PE ratio is 10.00.
PE Ratio | 10.73 |
Forward PE | 10.00 |
PS Ratio | 3.15 |
Forward PS | 3.58 |
PB Ratio | 1.45 |
P/TBV Ratio | 1.55 |
P/FCF Ratio | 9.02 |
P/OCF Ratio | 8.07 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
EV / Earnings | 10.94 |
EV / Sales | 3.26 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 9.41 |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | n/a |
Debt / EBITDA | n/a |
Debt / FCF | 2.78 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.39%.
Return on Equity (ROE) | 14.39% |
Return on Assets (ROA) | 1.21% |
Return on Invested Capital (ROIC) | n/a |
Return on Capital Employed (ROCE) | n/a |
Revenue Per Employee | $260,740 |
Profits Per Employee | $77,624 |
Employee Count | 834 |
Asset Turnover | n/a |
Inventory Turnover | n/a |
Taxes
In the past 12 months, IBCP has paid $15.13 million in taxes.
Income Tax | 15.13M |
Effective Tax Rate | 18.94% |
Stock Price Statistics
The stock price has decreased by -1.08% in the last 52 weeks. The beta is 0.85, so IBCP's price volatility has been lower than the market average.
Beta (5Y) | 0.85 |
52-Week Price Change | -1.08% |
50-Day Moving Average | 32.54 |
200-Day Moving Average | 33.09 |
Relative Strength Index (RSI) | 55.71 |
Average Volume (20 Days) | 88,981 |
Short Selling Information
The latest short interest is 156,161, so 0.75% of the outstanding shares have been sold short.
Short Interest | 156,161 |
Short Previous Month | 136,058 |
Short % of Shares Out | 0.75% |
Short % of Float | 0.77% |
Short Ratio (days to cover) | 1.96 |
Income Statement
In the last 12 months, IBCP had revenue of $217.46 million and earned $64.74 million in profits. Earnings per share was $3.06.
Revenue | 217.46M |
Gross Profit | 217.46M |
Operating Income | 82.60M |
Pretax Income | 82.59M |
Net Income | 64.74M |
EBITDA | n/a |
EBIT | n/a |
Earnings Per Share (EPS) | $3.06 |
Full Income Statement Balance Sheet
The company has $180.35 million in cash and $209.22 million in debt, giving a net cash position of -$28.87 million or -$1.39 per share.
Cash & Cash Equivalents | 180.35M |
Total Debt | 209.22M |
Net Cash | -28.87M |
Net Cash Per Share | -$1.39 |
Equity (Book Value) | 469.25M |
Book Value Per Share | 22.65 |
Working Capital | -4.56B |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was $84.24 million and capital expenditures -$8.90 million, giving a free cash flow of $75.34 million.
Operating Cash Flow | 84.24M |
Capital Expenditures | -8.90M |
Free Cash Flow | 75.34M |
FCF Per Share | $3.64 |
Full Cash Flow Statement Margins
Gross Margin | n/a |
Operating Margin | 37.99% |
Pretax Margin | 36.73% |
Profit Margin | 29.77% |
EBITDA Margin | n/a |
EBIT Margin | n/a |
FCF Margin | 34.64% |
Dividends & Yields
This stock pays an annual dividend of $1.04, which amounts to a dividend yield of 3.17%.
Dividend Per Share | $1.04 |
Dividend Yield | 3.17% |
Dividend Growth (YoY) | 7.37% |
Years of Dividend Growth | 10 |
Payout Ratio | 33.33% |
Buyback Yield | 0.01% |
Shareholder Yield | 3.18% |
Earnings Yield | 9.52% |
FCF Yield | 11.08% |
Dividend Details Analyst Forecast
The average price target for IBCP is $36.00, which is 9.62% higher than the current price. The consensus rating is "Hold".
Price Target | $36.00 |
Price Target Difference | 9.62% |
Analyst Consensus | Hold |
Analyst Count | 3 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Fair 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 |