$23.2
Insights on Independent Bank Corp - Mich
Revenue is up for the last 4 quarters, 47.36M → 79.11M (in $), with an average increase of 14.7% per quarter
Netprofit is down for the last 2 quarters, 17.54M → 13.74M (in $), with an average decrease of 21.7% per quarter
In the last 1 year, Nu Holdings Ltd. has given 122.0% return, outperforming this stock by 86.0%
0.3%
Downside
Day's Volatility :2.22%
Upside
1.92%
39.78%
Downside
52 Weeks Volatility :48.03%
Upside
13.69%
Period | Independent Bank Corp - Mich | Sector (Financials) | Index (Russel 2000) |
---|---|---|---|
3 Months | -7.79% | 6.3% | 0.0% |
6 Months | 25.75% | 19.8% | 0.0% |
1 Year | 35.99% | 19.0% | -1.5% |
3 Years | -1.02% | 12.1% | -21.8% |
Market Capitalization | 486.1M |
Book Value | $19.41 |
Dividend Share | 0.92 |
Dividend Yield | 4.13% |
Earnings Per Share (EPS) | 2.79 |
PE Ratio | 8.33 |
PEG Ratio | 2.33 |
Wall Street Target Price | 26.75 |
Profit Margin | 29.42% |
Operating Margin TTM | 37.62% |
Return On Assets TTM | 1.15% |
Return On Equity TTM | 15.71% |
Revenue TTM | 200.8M |
Revenue Per Share TTM | 9.57 |
Quarterly Revenue Growth YOY | -1.7000000000000002% |
Gross Profit TTM | 206.1M |
Diluted Eps TTM | 2.79 |
Quarterly Earnings Growth YOY | -0.07 |
EPS Estimate Current Year | 2.82 |
EPS Estimate Next Year | 2.86 |
EPS Estimate Current Quarter | 0.7 |
EPS Estimate Next Quarter | 0.64 |
What analysts predicted
Upside of 15.3%
FY18 | Y/Y Change | |
---|---|---|
Revenue | 153.0M | ↑ 19.13% |
Net Income | 39.8M | ↑ 94.57% |
Net Profit Margin | 26.04% | ↑ 10.09% |
FY19 | Y/Y Change | |
---|---|---|
Revenue | 164.1M | ↑ 7.27% |
Net Income | 46.4M | ↑ 16.56% |
Net Profit Margin | 28.3% | ↑ 2.26% |
FY20 | Y/Y Change | |
---|---|---|
Revenue | 197.5M | ↑ 20.37% |
Net Income | 56.2M | ↑ 20.93% |
Net Profit Margin | 28.43% | ↑ 0.13% |
FY21 | Y/Y Change | |
---|---|---|
Revenue | 199.0M | ↑ 0.77% |
Net Income | 62.9M | ↑ 12.01% |
Net Profit Margin | 31.6% | ↑ 3.17% |
FY22 | Y/Y Change | |
---|---|---|
Revenue | 204.6M | ↑ 2.78% |
Net Income | 63.4M | ↑ 0.73% |
Net Profit Margin | 30.97% | ↓ 0.63% |
FY23 | Y/Y Change | |
---|---|---|
Revenue | 289.7M | ↑ 41.61% |
Net Income | 59.1M | ↓ 6.76% |
Net Profit Margin | 20.39% | ↓ 10.58% |
Q3 FY22 | Q/Q Change | |
---|---|---|
Revenue | 18.0K | ↓ 87.23% |
Net Income | 17.3M | ↑ 33.04% |
Net Profit Margin | 96.1K% | ↑ 86873.87% |
Q4 FY22 | Q/Q Change | |
---|---|---|
Revenue | 50.3M | ↑ 279616.67% |
Net Income | 15.1M | ↓ 12.78% |
Net Profit Margin | 29.96% | ↓ 96064.48% |
Q1 FY23 | Q/Q Change | |
---|---|---|
Revenue | 47.4M | ↓ 5.93% |
Net Income | 13.0M | ↓ 13.89% |
Net Profit Margin | 27.43% | ↓ 2.53% |
Q2 FY23 | Q/Q Change | |
---|---|---|
Revenue | 52.1M | ↑ 9.98% |
Net Income | 14.8M | ↑ 13.85% |
Net Profit Margin | 28.39% | ↑ 0.96% |
Q3 FY23 | Q/Q Change | |
---|---|---|
Revenue | 53.4M | ↑ 2.51% |
Net Income | 17.5M | ↑ 18.61% |
Net Profit Margin | 32.85% | ↑ 4.46% |
Q4 FY23 | Q/Q Change | |
---|---|---|
Revenue | 79.1M | ↑ 48.16% |
Net Income | 13.7M | ↓ 21.66% |
Net Profit Margin | 17.37% | ↓ 15.48% |
FY18 | Y/Y Change | |
---|---|---|
Total Assets | 3.4B | ↑ 20.22% |
Total Liabilities | 3.0B | ↑ 19.41% |
FY19 | Y/Y Change | |
---|---|---|
Total Assets | 3.6B | ↑ 6.3% |
Total Liabilities | 3.2B | ↑ 6.64% |
FY20 | Y/Y Change | |
---|---|---|
Total Assets | 4.2B | ↑ 17.93% |
Total Liabilities | 108.8M | ↓ 96.61% |
FY21 | Y/Y Change | |
---|---|---|
Total Assets | 4.7B | ↑ 11.91% |
Total Liabilities | 109.0M | ↑ 0.13% |
FY22 | Y/Y Change | |
---|---|---|
Total Assets | 5.0B | ↑ 6.27% |
Total Liabilities | 4.7B | ↑ 4169.71% |
FY23 | Y/Y Change | |
---|---|---|
Total Assets | 5.3B | ↑ 5.54% |
Total Liabilities | 4.9B | ↑ 4.73% |
Q3 FY22 | Q/Q Change | |
---|---|---|
Total Assets | 4.9B | ↑ 2.18% |
Total Liabilities | 4.6B | ↑ 2.31% |
Q4 FY22 | Q/Q Change | |
---|---|---|
Total Assets | 5.0B | ↑ 1.39% |
Total Liabilities | 4.7B | ↑ 1.16% |
Q1 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 5.1B | ↑ 2.78% |
Total Liabilities | 129.2M | ↓ 97.22% |
Q2 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 5.1B | ↓ 0.07% |
Total Liabilities | 169.2M | ↑ 30.99% |
Q3 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 5.2B | ↑ 1.26% |
Total Liabilities | 129.2M | ↓ 23.62% |
Q4 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 5.3B | ↑ 1.47% |
Total Liabilities | 4.9B | ↑ 3670.54% |
FY18 | Y/Y Change | |
---|---|---|
Operating Cash Flow | 44.9M | ↑ 16.35% |
Investing Cash Flow | -183.4M | ↓ 33.94% |
Financing Cash Flow | 154.0M | ↓ 26.87% |
FY19 | Y/Y Change | |
---|---|---|
Operating Cash Flow | 34.0M | ↓ 24.36% |
Investing Cash Flow | -181.6M | ↓ 0.94% |
Financing Cash Flow | 142.7M | ↓ 7.29% |
FY20 | Y/Y Change | |
---|---|---|
Operating Cash Flow | 58.2M | ↑ 71.2% |
Investing Cash Flow | -553.4M | ↑ 204.66% |
Financing Cash Flow | 548.6M | ↑ 284.4% |
FY21 | Y/Y Change | |
---|---|---|
Operating Cash Flow | 110.2M | ↑ 89.36% |
Investing Cash Flow | -563.1M | ↑ 1.75% |
Financing Cash Flow | 443.7M | ↓ 19.13% |
FY22 | Y/Y Change | |
---|---|---|
Operating Cash Flow | 94.6M | ↓ 14.09% |
Investing Cash Flow | -424.6M | ↓ 24.59% |
Financing Cash Flow | 294.9M | ↓ 33.54% |
Q3 FY22 | Q/Q Change | |
---|---|---|
Operating Cash Flow | 34.2M | ↑ 51.83% |
Investing Cash Flow | -116.1M | ↓ 20.56% |
Financing Cash Flow | 93.0M | ↑ 26.92% |
Q4 FY22 | Q/Q Change | |
---|---|---|
Operating Cash Flow | -736.0K | ↓ 102.15% |
Investing Cash Flow | -42.2M | ↓ 63.64% |
Financing Cash Flow | 46.7M | ↓ 49.8% |
Q1 FY23 | Q/Q Change | |
---|---|---|
Operating Cash Flow | 23.6M | ↓ 3300.95% |
Investing Cash Flow | 4.8M | ↓ 111.32% |
Financing Cash Flow | 124.3M | ↑ 166.15% |
Q2 FY23 | Q/Q Change | |
---|---|---|
Operating Cash Flow | 9.8M | ↓ 58.45% |
Investing Cash Flow | -82.4M | ↓ 1823.2% |
Financing Cash Flow | -25.2M | ↓ 120.31% |
Sell
Neutral
Buy
Independent Bank Corp - Mich is currently in a neutral trading position according to technical analysis indicators.
Company Name | 1 Month | 6 Month | 1 Year | 3 Years | 5 Years |
---|---|---|---|---|---|
Independent Bank Corp - Mich | -1.36% | 25.75% | 35.99% | -1.02% | 5.5% |
Nu Holdings Ltd. | -8.48% | 39.95% | 122.02% | 4.45% | 4.45% |
Icici Bank Ltd. | -1.23% | 14.57% | 16.77% | 71.44% | 122.29% |
Pnc Financial Services Group, Inc. | -1.57% | 27.28% | 18.03% | -17.14% | 10.56% |
U.s. Bancorp | -6.95% | 18.43% | 12.3% | -31.53% | -22.83% |
Itaú Unibanco Holding S.a. | -12.32% | 14.8% | 17.25% | 21.98% | -27.89% |
Company Name | P/E Ratio | P/B Ratio | PEG Ratio | EPS | ROE | ROA | Div Yield | BVPS |
---|---|---|---|---|---|---|---|---|
Independent Bank Corp - Mich | 8.33 | 8.33 | 2.33 | 2.82 | 0.16 | 0.01 | 0.04 | 19.41 |
Nu Holdings Ltd. | 51.62 | 51.62 | NA | 0.4 | 0.18 | 0.03 | NA | 1.34 |
Icici Bank Ltd. | 17.95 | 17.95 | 0.0 | 1.36 | 0.19 | 0.02 | 0.01 | 347.9 |
Pnc Financial Services Group, Inc. | 11.46 | 11.46 | 3.46 | 12.38 | 0.12 | 0.01 | 0.04 | 112.72 |
U.s. Bancorp | 12.67 | 12.67 | 1.14 | 3.9 | 0.1 | 0.01 | 0.05 | 31.13 |
Itaú Unibanco Holding S.a. | 9.09 | 9.09 | 0.86 | 0.83 | 0.18 | 0.01 | 0.01 | 19.4 |
Company Name | Analyst View | Market Cap | 5 Years Return % | PE Ratio | Profit Margin |
---|---|---|---|---|---|
Independent Bank Corp - Mich | Hold | $486.1M | 5.5% | 8.33 | 29.42% |
Nu Holdings Ltd. | Buy | $51.7B | 4.45% | 51.62 | 27.8% |
Icici Bank Ltd. | Buy | $89.7B | 122.29% | 17.95 | 30.73% |
Pnc Financial Services Group, Inc. | Buy | $58.3B | 10.56% | 11.46 | 26.89% |
U.s. Bancorp | Buy | $64.6B | -22.83% | 12.67 | 21.09% |
Itaú Unibanco Holding S.a. | Buy | $58.7B | -27.89% | 9.09 | 26.58% |
BlackRock Inc
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State Street Corporation
In the quarter ending March,2024. Independent Bank Corp - Mich has declared dividend of $0.24
Read Moreindependent bank is a michigan-based bank that's been operated locally for more than 150 years. in 1864 we were founded as first national bank of ionia; we now have locations across the lower peninsula and we’re the fifth largest bank headquartered in michigan. but in one way we’ve never changed – people are always our first priority. we’re committed to providing exceptional service and value to our customers, our stockholders, and our communities. after 150 years of local banking, we understand the needs of individuals, families, and businesses around the state – and we’re committed to addressing them. we support local causes and our employees serve their communities’ human services agencies, arts and cultural organizations, school systems, places of worship, and more. we’re your friends and neighbors, locally invested the same way you are. we’re a full-service bank that provides a wide range of competitive banking products, services, and technology. visit us at independentbank.com fo
Organization | Independent Bank Corp - Mich |
Employees | 741 |
CEO | Mr. William Bradford Kessel CPA |
Industry | Finance |