Independent Bank Statistics
Total Valuation
IBCP has a market cap or net worth of $695.04 million. The enterprise value is $527.48 million.
Important Dates
The next estimated earnings date is Thursday, January 22, 2026, before market open.
| Earnings Date | Jan 22, 2026 |
| Ex-Dividend Date | Nov 4, 2025 |
Share Statistics
IBCP has 20.69 million shares outstanding. The number of shares has decreased by -0.28% in one year.
| Current Share Class | 20.69M |
| Shares Outstanding | 20.69M |
| Shares Change (YoY) | -0.28% |
| Shares Change (QoQ) | -0.20% |
| Owned by Insiders (%) | 2.34% |
| Owned by Institutions (%) | 85.65% |
| Float | 20.21M |
Valuation Ratios
The trailing PE ratio is 10.33 and the forward PE ratio is 9.97.
| PE Ratio | 10.33 |
| Forward PE | 9.97 |
| PS Ratio | 3.17 |
| Forward PS | 3.64 |
| PB Ratio | 1.43 |
| P/TBV Ratio | 1.52 |
| P/FCF Ratio | 9.18 |
| P/OCF Ratio | 8.20 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 7.71 |
| EV / Sales | 2.37 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 6.92 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | 0.91 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.51%.
| Return on Equity (ROE) | 14.51% |
| Return on Assets (ROA) | 1.27% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Revenue Per Employee | $267,254 |
| Profits Per Employee | $82,050 |
| Employee Count | 834 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, IBCP has paid $15.32 million in taxes.
| Income Tax | 15.32M |
| Effective Tax Rate | 18.29% |
Stock Price Statistics
The stock price has decreased by -11.69% in the last 52 weeks. The beta is 0.80, so IBCP's price volatility has been lower than the market average.
| Beta (5Y) | 0.80 |
| 52-Week Price Change | -11.69% |
| 50-Day Moving Average | 31.43 |
| 200-Day Moving Average | 31.63 |
| Relative Strength Index (RSI) | 66.49 |
| Average Volume (20 Days) | 123,283 |
Short Selling Information
The latest short interest is 181,290, so 0.88% of the outstanding shares have been sold short.
| Short Interest | 181,290 |
| Short Previous Month | 193,229 |
| Short % of Shares Out | 0.88% |
| Short % of Float | 0.90% |
| Short Ratio (days to cover) | 1.42 |
Income Statement
In the last 12 months, IBCP had revenue of $222.89 million and earned $68.43 million in profits. Earnings per share was $3.25.
| Revenue | 222.89M |
| Gross Profit | 222.89M |
| Operating Income | 86.44M |
| Pretax Income | 83.75M |
| Net Income | 68.43M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $3.25 |
Full Income StatementBalance Sheet
The company has $240.79 million in cash and $69.30 million in debt, giving a net cash position of $171.49 million or $8.29 per share.
| Cash & Cash Equivalents | 240.79M |
| Total Debt | 69.30M |
| Net Cash | 171.49M |
| Net Cash Per Share | $8.29 |
| Equity (Book Value) | 490.74M |
| Book Value Per Share | 23.72 |
| Working Capital | -4.70B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $85.24 million and capital expenditures -$9.07 million, giving a free cash flow of $76.17 million.
| Operating Cash Flow | 85.24M |
| Capital Expenditures | -9.07M |
| Free Cash Flow | 76.17M |
| FCF Per Share | $3.68 |
Full Cash Flow StatementMargins
| Gross Margin | n/a |
| Operating Margin | 38.78% |
| Pretax Margin | 37.57% |
| Profit Margin | 30.70% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | 34.17% |
Dividends & Yields
This stock pays an annual dividend of $1.04, which amounts to a dividend yield of 3.10%.
| Dividend Per Share | $1.04 |
| Dividend Yield | 3.10% |
| Dividend Growth (YoY) | 8.33% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 32.00% |
| Buyback Yield | 0.27% |
| Shareholder Yield | 3.35% |
| Earnings Yield | 9.79% |
| FCF Yield | 10.90% |
Dividend DetailsAnalyst Forecast
The average price target for IBCP is $36.00, which is 7.18% higher than the current price. The consensus rating is "Hold".
| Price Target | $36.00 |
| Price Target Difference | 7.18% |
| 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 |
