Independent Bank Corp - Mich Share Price (NASDAQ: IBCP)

Independent Bank Corp - Mich Stock Performance

as on October 17, 2025 at 1:29 am IST

Day's Low
Day's High
$30.55
Day's Price Range
$31.51
$30.85
0.97%
Downside
2.14%
Upside
52 Week's Low
52 Week's High
$26.75
52-Week Price Range
$40.32
$30.85
13.29%
Downside
30.70%
Upside

Independent Bank Corp - Mich share price movements today

Previous Close: $31.67
Open: $31.51
Volume: 501.5K
Day's Low - High: $30.55 - $31.51
52 Week Low - High: $26.75 - $40.32

Independent Bank Corp - Mich Historical Returns

1 Month Return: -1.22 %
3 Month Return: -10.33 %
1 Year Return: -11.82 %
3 Year Return: + 48.05 %
5 Year Return: + 121.34 %

Independent Bank Corp - Mich Stock Fundamentals & Key Indicators

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

Market Cap

$655.9M

EPS (TTM)

3.224

Dividend Yield

2.74%

Quarterly Earnings Growth YOY

-0.08%

PE Ratio (TTM)

10.35

Industry PE ratio

13.648849557522125

PEG Ratio

2.33

EBITDA

Revenue (TTM)

217.5M

Profit Margin

29.77%

Return On Equity TTM

14.39%

Independent Bank Corp - Mich Stock Valuation

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

Independent Bank Corp - Mich in the last 5 years

Overview
Trends

Lowest (6.06x)

June 30, 2023

Today (10.35x)

October 17, 2025

Industry (13.65x)

October 17, 2025

Highest (14.82x)

September 30, 2025

LowHigh

Today’s Price to Earnings Ratio: 10.35x

Independent Bank Corp - Mich vs Peer Comparison

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

Company	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin %
Independent Bank Corp - Mich	HOLD	$655.9M	121.34%	10.35	29.77%
Nu Holdings Ltd.	BUY	$73.4B	NA	32.3	39.32%
Mizuho Financial Group, Inc.	BUY	$78.1B	152.21%	13.65	22.70%
Icici Bank Ltd.	BUY	$114.0B	190.88%	19.23	25.74%
Pnc Financial Services Group, Inc.	BUY	$71.5B	60%	12.46	29.23%

See all

Stock Returns calculator for Independent Bank Corp - Mich Stock including INR - Dollar returns

The Independent Bank Corp - Mich 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 Return is the profit earned when the US dollar rises in value compared to the Indian rupee.

Investment Value

₹1,00,000

Independent Bank Corp - Mich investment value today

Current value as on today

₹92,941

Returns

₹7,059

(-7.06%)

Returns from Independent Bank Corp - Mich Stock

₹11,706 (-11.71%)

Dollar Returns*

₹4,647 (+4.65%)

Analyst Recommendation on Independent Bank Corp - Mich 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 Corp - Mich. Average target price of $35.2

Independent Bank Corp - Mich Share Price Target

Get share price movements and forecasts by analysts on Independent Bank Corp - Mich.

What analysts predicted

12.36%UPSIDE

Target Price

$35.2

Current Price

$30.85

Analyzed by

9 Analysts

Target

$35.20

Independent Bank Corp - Mich target price $35.2, a slight upside of 12.36% compared to current price of $30.85. According to 9 analysts rating.

Independent Bank Corp - Mich Stock’s Investor Sentiment and Interest

Search interest for Independent Bank Corp - Mich Stock has decreased by -50% in the last 30 days, reflecting a downward trend in search activity.

Time period: September 17, 2025 to October 17, 2025

Change:-50% versus previous 30 day period

Independent Bank Corp - Mich Quarterly Profit & Loss

All numbers in Millions USD

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Total Revenue	62	71	76	72	76	79	76	84	74	76
Gross Profit	45	48	51	47	51	54	47	57	51	52
Operating Income	15	18	21	17	19	23	17	22	19	20
EBITDA	18	20	24	20	22	25	19	25	21	23
Interest Expense	15	19	23	25	24	24	26	24	22	22
Depreciation	2	2	2	2	2	2	2	2	2	2
Income Before Tax	15	18	21	17	19	23	17	22	19	20
Income Tax Expense	2	3	4	4	3	4	3	4	3	3
Net Income	12	14	17	13	15	18	13	18	15	16
Net Profit Margin	20.67%	20.67%	22.96%	18.85%	21.00%	23.23%	18.16%	21.84%	20.86%	22.11%

Independent Bank Corp - Mich Annual Profit & Loss

All numbers in Millions USD

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Revenue	114	124	138	170	190	214	207	224	283	316
Gross Profit	111	118	127	151	163	185	199	198	193	211
Operating Income	29	32	38	49	57	69	77	77	73	83
EBITDA	33	38	45	55	63	78	89	88	83	93
Interest Expense	5	6	9	17	26	16	8	19	83	100
Depreciation	-	-	6	6	6	9	12	10	9	10
Income Before Tax	29	32	38	49	57	69	77	77	73	83
Income Tax Expense	9	10	17	9	11	13	14	14	14	16
Net Income	20	22	20	39	46	56	62	63	59	66
Net Profit Margin	17.49%	18.34%	14.83%	23.31%	24.34%	26.22%	30.37%	28.25%	20.81%	21.11%

Independent Bank Corp - Mich Quarterly Cash Flow

All numbers in Millions USD

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Net Income	14	17	13	15	18	13	18	15	16
Operating Cash Flow	9	25	16	20	8	17	16	31	18
Investing Cash Flow	-82	-78	-6	17	16	-67	-85	3	-70
Financing Cash Flow	-25	51	32	-46	26	-42	67	-26	69
Change in Cash	-97	-1	42	-7	52	-92	-1	8	18

Independent Bank Corp - Mich Annual Cash Flow

All numbers in Millions USD

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Income	22	20	39	46	56	62	63	59	66
Operating Cash Flow	23	38	44	34	58	110	94	75	63
Investing Cash Flow	-138	-277	-183	-182	-553	-563	-424	-162	-118
Financing Cash Flow	112	210	153	142	548	443	294	182	5
Change in Cash	-2	-28	15	-4	53	-9	-35	95	-49

Global Institutional Holdings in Independent Bank Corp - Mich

Funds	Holdings
BlackRock Inc	14.72%
Vanguard Group Inc	6.52%
FMR Inc	4.9%
Dimensional Fund Advisors, Inc.	4.29%
FJ Capital Management LLC	3.21%

See all

Insights on Independent Bank Corp - Mich

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

POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 15.59M → 16.87M (in $), with an average increase of 7.6% per quarter
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 74.72M → 76.33M (in $), with an average increase of 2.1% per quarter
NO EFFECT
Against Peers
In the last 3 years, Nu Holdings Ltd. has given 180.4% return, outperforming this stock by 128.2%
NO EFFECT
Against Peers
In the last 1 year, Mizuho Financial Group, Inc. has given 46.7% return, outperforming this stock by 56.1%
NEGATIVE IMPACT
Price Dip
In the last 3 months, IBCP stock has moved down by -7.8%

About Independent Bank Corp - Mich

independent 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

Organisation	Independent Bank Corp - Mich
Headquarters	4200 East Beltline, Grand Rapids, MI, United States, 49525
Industry	Finance
CEO	Mr. William Bradford Kessel CPA
E-voting on shares	Click here to vote

Key Management of Independent Bank Corp - Mich

Name	Title
Ms. Darcy J. Benjamin	Accounting Officer
Mr. William Bradford Kessel CPA	President, CEO & Director
Ms. Stefanie M. Kimball	Executive VP & Chief Risk Officer
Ms. Laurinda M. Neve	Senior Vice President of Human Resources
Mr. Larry Russ Daniel Jr.	Executive Vice President of Operations & Digital Banking
Mr. James J. Twarozynski	Senior VP, Chief Accounting Officer & Controller
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
Mr. Christopher S. Michaels	Executive VP & Chief Operating Officer

FAQs

What is Independent Bank Corp - Mich share price today?

Independent Bank Corp - Mich share price today is $30.85 as on October 17, 2025 at 1:29 am IST at the close of the market. Independent Bank Corp - Mich share today touched a day high of $31.51 and a low of $30.55.

What is the 52 week high and 52 week low for Independent Bank Corp - Mich share?

Independent Bank Corp - Mich share touched a 52 week high of $40.32 on November 25, 2024 and a 52 week low of $26.75 on April 4, 2025. Independent Bank Corp - Mich stock price today i.e. October 17, 2025 at 1:29 am IST is closed at $30.85,which is 23.49% down from its 52 week high and 15.33% up from its 52 week low.

What is Independent Bank Corp - Mich's market capitalisation today?

Independent Bank Corp - Mich market capitalisation is $0.00T as on October 17, 2025 at 1:29 am IST.

How to invest in Independent Bank Corp - Mich Stock (IBCP) from India?

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 .
Step 2: Search for Independent Bank Corp - Mich on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Independent Bank Corp - Mich Shares that will get you 0.0486 shares as per Independent Bank Corp - Mich share price of $30.85 per share as on October 17, 2025 at 1:29 am IST.

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

Indian investors can start investing in Independent Bank Corp - Mich (IBCP) shares with as little as ₹87.83 or $1 (as of October 17, 2025 at 10:45 am IST) using the INDmoney app.
For example: If you want to invest $10 or ₹878.30 in Independent Bank Corp - Mich stock (as per the Rupee-Dollar exchange rate as on October 17, 2025 at 10:45 am IST). Based on Independent Bank Corp - Mich share’s latest price of $30.85 as on October 17, 2025 at 1:29 am IST, you will get 0.3241 shares of Independent Bank Corp - Mich. Learn more about fractional shares .

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

Independent Bank Corp - Mich stock has given 121.34% share price returns and 21.02% 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?