Independent Bank Statistics
Total Valuation
IBCP has a market cap or net worth of $691.34 million. The enterprise value is $579.14 million.
Important Dates
The last earnings date was Thursday, April 23, 2026, before market open.
| Earnings Date | Apr 23, 2026 |
| Ex-Dividend Date | May 4, 2026 |
Share Statistics
IBCP has 20.61 million shares outstanding. The number of shares has decreased by -1.20% in one year.
| Current Share Class | 20.61M |
| Shares Outstanding | 20.61M |
| Shares Change (YoY) | -1.20% |
| Shares Change (QoQ) | -0.33% |
| Owned by Insiders (%) | 2.70% |
| Owned by Institutions (%) | 83.35% |
| Float | 20.03M |
Valuation Ratios
The trailing PE ratio is 10.04 and the forward PE ratio is 9.30.
| PE Ratio | 10.04 |
| Forward PE | 9.30 |
| PS Ratio | 3.08 |
| Forward PS | 3.02 |
| PB Ratio | 1.35 |
| P/TBV Ratio | 1.44 |
| P/FCF Ratio | 18.06 |
| P/OCF Ratio | 14.33 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 8.29 |
| EV / Sales | 2.58 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 15.13 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | 2.34 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.28%.
| Return on Equity (ROE) | 14.28% |
| Return on Assets (ROA) | 1.28% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 7.18% |
| Revenue Per Employee | $272,006 |
| Profits Per Employee | $84,535 |
| Employee Count | 826 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, IBCP has paid $12.57 million in taxes.
| Income Tax | 12.57M |
| Effective Tax Rate | 15.25% |
Stock Price Statistics
The stock price has increased by +6.04% in the last 52 weeks. The beta is 0.70, so IBCP's price volatility has been lower than the market average.
| Beta (5Y) | 0.70 |
| 52-Week Price Change | +6.04% |
| 50-Day Moving Average | 33.69 |
| 200-Day Moving Average | 32.98 |
| Relative Strength Index (RSI) | 47.70 |
| Average Volume (20 Days) | 170,229 |
Short Selling Information
The latest short interest is 492,836, so 2.39% of the outstanding shares have been sold short.
| Short Interest | 492,836 |
| Short Previous Month | 644,457 |
| Short % of Shares Out | 2.39% |
| Short % of Float | 2.46% |
| Short Ratio (days to cover) | 2.15 |
Income Statement
In the last 12 months, IBCP had revenue of $224.68 million and earned $69.83 million in profits. Earnings per share was $3.34.
| Revenue | 224.68M |
| Gross Profit | 224.68M |
| Operating Income | 87.11M |
| Pretax Income | 82.40M |
| Net Income | 69.83M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $3.34 |
Full Income StatementBalance Sheet
The company has $201.89 million in cash and $89.69 million in debt, with a net cash position of $112.20 million or $5.44 per share.
| Cash & Cash Equivalents | 201.89M |
| Total Debt | 89.69M |
| Net Cash | 112.20M |
| Net Cash Per Share | $5.44 |
| Equity (Book Value) | 510.55M |
| Book Value Per Share | 24.80 |
| Working Capital | -4.75B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $48.25 million and capital expenditures -$9.98 million, giving a free cash flow of $38.27 million.
| Operating Cash Flow | 48.25M |
| Capital Expenditures | -9.98M |
| Depreciation & Amortization | n/a |
| Net Borrowing | -58.00M |
| Free Cash Flow | 38.27M |
| FCF Per Share | $1.86 |
Full Cash Flow StatementMargins
| Gross Margin | n/a |
| Operating Margin | 38.77% |
| Pretax Margin | 36.67% |
| Profit Margin | 31.08% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | 17.03% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 3.34%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 3.34% |
| Dividend Growth (YoY) | 8.00% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 32.32% |
| Buyback Yield | 1.20% |
| Shareholder Yield | 4.54% |
| Earnings Yield | 10.10% |
| FCF Yield | 5.54% |
Dividend DetailsAnalyst Forecast
The average price target for IBCP is $37.00, which is 10.28% higher than the current price. The consensus rating is "Hold".
| Price Target | $37.00 |
| Price Target Difference | 10.28% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| 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 | 3 |
