Independent Bank Corporation share price logo

Independent Bank Corporation

NASDAQ: IBCP

Small Cap

$33.05

-0.56

(-1.67%)

as on

Independent Bank Corporation Stock Performance

as on May 5, 2026 at 6:59 am IST

  • Day's Low

    Day's High

    $32.71
    $33.53
    downward going graph

    1.03%

    Downside

    1.45%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $29.63
    $37.39
    downward going graph

    10.35%

    Downside

    13.13%

    Upside

    downward going graph

Independent Bank Corporation share price movements today

Previous Close
$33.61
Open
$33.33
Volume
258.6K
Day's Low - High
$32.71 - $33.53
52 Week Low - High
$29.63 - $37.39

Independent Bank Corporation Historical Returns

1 Month Return
-1.7 %
3 Month Return
-9.68 %
1 Year Return
+ 5.42 %
3 Year Return
+ 102.45 %
5 Year Return
+ 40.96 %

Independent Bank Corporation Stock Fundamentals & Key Indicators

Check Independent Bank Corporation market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$680.2M

EPS (TTM)

3.454

Dividend Yield

0.00%

Quarterly Earnings Growth YOY

0.10%

PE Ratio (TTM)

10.07

Industry PE ratio

10.3853216374269

PEG Ratio

1.4017

EBITDA

-

Revenue (TTM)

224.7M

Profit Margin

31.08%

Return On Equity TTM

14.28%

Independent Bank Corporation Stock Valuation

Track how Independent Bank Corporation P/E has moved over time to understand its valuation trends.

Independent Bank Corporation in the last 5 years

  • Overview

  • Trends

Lowest (6.06x)

June 30, 2023

Today (10.07x)

May 5, 2026

Industry (10.39x)

May 5, 2026

Highest (11.23x)

December 31, 2024

LowHigh

Today’s Price to Earnings Ratio: 10.07x

Independent Bank Corporation vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Independent Bank Corporation with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %
HOLD$680.2M40.96%10.0731.08%
BUY$103.8B191%16.0626.13%
BUY$88.0B12.04%12.8231.31%
BUY$95.0B88.91%10.7832.28%
BUY$94.7B60.27%16.7224.93%

Stock Returns calculator for Independent Bank Corporation Stock including INR - Dollar returns

The Independent Bank Corporation stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Independent Bank Corporation investment value today

Current value as on today

₹1,19,200

Returns

₹19,200

(+19.2%)

Returns from Independent Bank Corporation Stock

₹5,456 (+5.46%)

Dollar Impact

₹13,743 (+13.74%)

Analyst Recommendation on Independent Bank Corporation Stock

Based on 9 analysts

HOLD

0.00%

Buy

66.67%

Hold

33.33%

Sell

Based on 9 analysts, 66.67% of analysts recommend a 'HOLD' rating for Independent Bank Corporation. Average target price of $36.7

Independent Bank Corporation Share Price Target

Get share price movements and forecasts by analysts on Independent Bank Corporation.

What analysts predicted

9.95%UPSIDE

Target Price

$36.7

Current Price

$33.05

Analyzed by

9 Analysts

Target

$36.70

Independent Bank Corporation target price $36.7, a slight upside of 9.95% compared to current price of $33.05. According to 9 analysts rating.

Independent Bank Corporation Stock’s Investor Sentiment and Interest

Search interest for Independent Bank Corporation Stock has increased by 35% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:35% versus previous 30 day period

Independent Bank Corporation Quarterly Profit & Loss

All numbers in Millions USD

Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Total Revenue
72
76
79
76
84
74
76
79
79
74
Gross Profit
47
51
54
47
57
51
52
53
56
54
Operating Income
17
19
23
17
22
19
20
21
20
20
EBITDA
20
22
25
19
25
21
23
23
20
20
Interest Expense
25
24
24
26
24
22
22
23
21
19
Depreciation
2
2
2
2
2
2
2
2
2
-
Income Before Tax
17
19
23
17
22
19
20
21
20
20
Income Tax Expense
4
3
4
3
4
3
3
3
1
3
Net Income
13
15
18
13
18
15
16
17
18
16
Net Profit Margin
18.85%
21.00%
23.23%
18.16%
21.84%
20.86%
22.11%
22.05%
23.40%
22.62%

Independent Bank Corporation Annual Profit & Loss

All numbers in Millions USD

Dec 2016
Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
124
138
170
190
214
207
224
283
316
315
Gross Profit
118
127
151
163
185
199
198
193
211
219
Operating Income
32
38
49
57
69
77
77
73
83
81
EBITDA
38
45
55
63
78
89
88
83
93
81
Interest Expense
6
9
17
26
16
8
19
83
100
89
Depreciation
-
6
6
6
9
12
10
9
10
9
Income Before Tax
32
38
49
57
69
77
77
73
83
81
Income Tax Expense
10
17
9
11
13
14
14
14
16
12
Net Income
22
20
39
46
56
62
63
59
66
68
Net Profit Margin
18.34%
14.83%
23.31%
24.34%
26.22%
30.37%
28.25%
20.81%
21.11%
21.73%

Independent Bank Corporation Quarterly Cash Flow

All numbers in Millions USD

Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Net Income
13
15
18
13
18
15
16
17
18
Operating Cash Flow
16
20
8
17
16
31
18
18
7
Investing Cash Flow
-6
17
16
-67
-85
3
-70
-9
-45
Financing Cash Flow
32
-46
26
-42
67
-26
69
53
-32
Change in Cash
42
-7
52
-92
-1
8
18
62
-70

Independent Bank Corporation Annual Cash Flow

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Net Income
20
39
46
56
62
63
59
66
68
Operating Cash Flow
38
44
34
58
110
94
75
63
76
Investing Cash Flow
-277
-183
-182
-553
-563
-424
-162
-118
-122
Financing Cash Flow
210
153
142
548
443
294
182
5
64
Change in Cash
-28
15
-4
53
-9
-35
95
-49
18

Global Institutional Holdings in Independent Bank Corporation

Funds
Holdings
Northern Trust Corp
0.94%
Geode Capital Management, LLC
2.41%
LSV Asset Management
1.98%
Nuveen, LLC
1.42%
PL Capital Advisors, LLC
1.55%

Insights on Independent Bank Corporation

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, IBCP stock has moved up by 102.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Mizuho Financial Group, Inc. has given 71.6% return, outperforming this stock by 66.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mizuho Financial Group, Inc. has given 184.1% return, outperforming this stock by 81.6%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 79.39M → 74.61M (in $), with an average decrease of 3.0% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 18.57M → 16.87M (in $), with an average decrease of 9.1% per quarter

About Independent Bank Corporation

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.
OrganisationIndependent Bank Corporation
Headquarters4200 East Beltline, Grand Rapids, MI, United States, 49525
IndustryBanks - Regional
CEOMr. William Bradford Kessel CPA
E-voting on sharesClick here to vote

Key Management of Independent Bank Corporation

Name

Title

Mr. William Bradford Kessel CPA

President, CEO & Director

Mr. Gavin A. Mohr

CFO, Executive VP, Treasurer & Corporate Secretary

Mr. Patrick J. Ervin

Executive Vice President of Mortgage Banking

Mr. Joel F. Rahn

Executive VP of Commercial Lending & Chief Lending Officer

Ms. Laurinda M. Neve

Senior Vice President of Human Resources

Ms. Stefanie M. Kimball

Executive VP & Chief Risk Officer

Mr. Christopher S. Michaels

Executive VP & Chief Operating Officer

Mr. James J. Twarozynski

Senior VP, Chief Accounting Officer & Controller

Mr. Michael J. Stodolak

Executive Vice President of Retail Banking

Ms. Darcy J. Benjamin

Accounting Officer

FAQs

What is Independent Bank Corporation share price today?

Independent Bank Corporation share price today is $33.05 as on at the close of the market. Independent Bank Corporation share today touched a day high of $33.53 and a low of $32.71.

What is the 52 week high and 52 week low for Independent Bank Corporation share?

Independent Bank Corporation share touched a 52 week high of $37.39 on and a 52 week low of $29.63 on . Independent Bank Corporation stock price today i.e. is closed at $33.05,which is 11.61% down from its 52 week high and 11.54% up from its 52 week low.

What is Independent Bank Corporation's market capitalisation today?

Independent Bank Corporation market capitalisation is $0.00T as on .

How to invest in Independent Bank Corporation Stock (IBCP) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for Independent Bank Corporation on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Independent Bank Corporation Shares that will get you 0.0454 shares as per Independent Bank Corporation share price of $33.05 per share as on May 5, 2026 at 1:29 am IST.

What is the minimum amount required to buy Independent Bank Corporation Stock (IBCP) from India?

Indian investors can start investing in Independent Bank Corporation (IBCP) shares with as little as ₹95.28 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹952.80 in Independent Bank Corporation stock (as per the Rupee-Dollar exchange rate as on ). Based on Independent Bank Corporation share’s latest price of $33.05 as on May 5, 2026 at 1:29 am IST, you will get 0.3026 shares of Independent Bank Corporation. Learn more about fractional shares .

What are the returns that Independent Bank Corporation has given to Indian investors in the last 5 years?

Independent Bank Corporation stock has given 40.96% share price returns and 28.65% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?