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XNAS
IBCP
Market cap723mUSD
Jul 09, Last price  
35.50USD
1D
1.05%
1Q
2.39%
Jan 2017
63.59%
Name

Independent Bank Corp (Michigan)

Chart & Performance

D1W1MN
XNAS:IBCP chart
P/E
10.67
P/S
2.32
EPS
3.33
Div Yield, %
2.96%
Shrs. gr., 5y
-1.22%
Rev. gr., 5y
8.05%
Revenues
315m
-0.30%
258,945,000270,399,000233,623,000248,857,000170,512,000138,238,000140,852,000120,919,000111,701,000114,428,000124,157,000138,062,000170,876,000190,764,000214,195,000207,117,000224,232,000283,828,000316,330,000315,381,000
Net income
69m
+2.62%
33,203,00010,357,000-91,664,000-90,227,000-16,709,000-20,200,00026,198,00077,509,00018,021,00020,017,00022,766,00020,475,00039,839,00046,435,00056,152,00062,895,00063,351,00059,067,00066,790,00068,541,000
CFO
77m
+21.39%
22,232,00017,814,00020,761,0004,375,000-2,500,00035,408,00029,393,00052,070,00013,071,00022,855,00023,704,00038,607,00044,921,00034,492,00058,684,000110,154,00094,632,00075,589,00063,151,00076,662,000
Dividend
Nov 04, 20250.26 USD/sh

Notes

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Profile

As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.
IPO date
Jan 16, 1984
Employees
803
Domiciled in
US
Incorporated in
US

Valuation

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