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IBCP

Independent Bank Corporation (NASDAQ)

Financial Services — Banks - Regional

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Hold 3.0 / 5 5 analysts
$36.05
$-0.45 (-1.23%)
Target: $37.30 (3.5%)
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Price History

52-Week Range

Fundamentals

Market Cap$756.25M
P/E Ratio (TTM)10.99
Forward P/E9.59
EPS (TTM)$3.34
Dividend Yield3.05%
Profit Margin31.08%
Revenue Growth9.70%
ROE14.28%
Debt/Equity-
Recommendation Hold 3.0
Analyst Target$37.30
Analysts5
Indexes NASDAQ

Technical Indicators

RSI (14)65.0
Beta0.71
SMA 20-
SMA 40-
52-Week High$39.17
52-Week Low$29.63
50-Day Avg$34.24
200-Day Avg$33.45
Avg Volume175.2K
Volume132.4K

Performance Analysis

BULLISH

IBCP shows predominantly bullish signals based on its fundamentals and technicals.

~ Trading at 67% of its 52-week range.
+ RSI at 65.0 shows positive momentum.
+ Price is above both the 50-day and 200-day moving averages — strong uptrend.
+ P/E of 11.0 suggests the stock may be undervalued.
~ Modest revenue growth of 9.7% year-over-year.
+ Healthy profit margin of 31.1%.
~ Wall Street consensus is "Hold" from 5 analysts.
+ Average analyst target of $37.30 implies 3.5% upside.

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Last updated: Jul 02, 2026 13:14 UTC

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