Independent Bank Corp - Mich share price logo

Independent Bank Corp - Mich Share Price

NASDAQ: IBCP

Small Cap

$31.62

-0.12

(-0.38%)

as on

Independent Bank Corp - Mich Stock Performance

as on September 16, 2025 at 1:29 am IST

  • Day's Low

    Day's High

    $31.54
    $32.16
    downward going graph

    0.25%

    Downside

    1.71%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $26.75
    $40.32
    downward going graph

    15.40%

    Downside

    27.51%

    Upside

    downward going graph

Independent Bank Corp - Mich share price movements today

Previous Close
$31.74
Open
$32.16
Volume
132.2K
Day's Low - High
$31.54 - $32.16
52 Week Low - High
$26.75 - $40.32

Independent Bank Corp - Mich Historical Returns

1 Month Return
+ 2.88 %
3 Month Return
+ 3.83 %
1 Year Return
-5.59 %
3 Year Return
+ 57.99 %
5 Year Return
+ 127.2 %

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

$657.3M

EPS (TTM)

3.196

Dividend Yield

2.74%

Quarterly Earnings Growth YOY

-0.08%

PE Ratio (TTM)

10.37

Industry PE ratio

9.72337606837607

P/B Ratio

10.3725

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 (5.88x)

September 30, 2020

Industry (9.72x)

September 15, 2025

Today (10.37x)

September 15, 2025

Highest (11.23x)

December 31, 2024

LowHigh

Today’s Price to Earnings Ratio: 10.37x

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 RatioProfit Margin %
HOLD$657.3M127.2%10.3729.77%
BUY$75.8BNA33.3839.32%
BUY$82.2B143.91%13.7722.70%
BUY$114.7B215.34%19.225.74%
BUY$79.5B81.49%13.8229.23%

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

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Independent Bank Corp - Mich investment value today

Current value as on today

₹99,037

Returns

₹963

(-0.96%)

Returns from Independent Bank Corp - Mich Stock

₹5,949 (-5.95%)

Dollar Returns*

₹4,985 (+4.99%)

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 $35.4

Independent Bank Corp - Mich Share Price Target

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

What analysts predicted

10.68%UPSIDE

Target Price

$35.4

Current Price

$31.62

Analyzed by

9 Analysts

Target

$35.40

Independent Bank Corp - Mich target price $35.4, a slight upside of 10.68% compared to current price of $31.62. According to 9 analysts rating.

Independent Bank Corp - Mich Stock's Interest Amongst Investors

Search interest for Independent Bank Corp - Mich Stock has increased by 100% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:100% 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
14.91%
Vanguard Group Inc
6.44%
FMR Inc
5.14%
Dimensional Fund Advisors, Inc.
4.4%
FJ Capital Management LLC
3.3%

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.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 74.72M → 76.33M (in $), with an average increase of 2.1% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 15.59M → 16.87M (in $), with an average increase of 7.6% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Mizuho Financial Group, Inc. has given 62.8% return, outperforming this stock by 69.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Nu Holdings Ltd. has given 181.3% return, outperforming this stock by 122.5%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, IBCP stock has moved down by -1.8%

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

Key Management of Independent Bank Corp - Mich

Name

Title

Mr. Joel F. Rahn

Executive VP of Commercial Lending & Chief Lending Officer

Ms. Darcy J. Benjamin

Accounting Officer

Mr. Patrick J. Ervin

Executive Vice President of Mortgage Banking

Mr. Gavin A. Mohr

CFO, Executive VP, Treasurer & Corporate Secretary

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

Ms. Laurinda M. Neve

Senior Vice President of Human Resources

Mr. Larry Russ Daniel Jr.

Executive Vice President of Operations & Retail Banking

Mr. William Bradford Kessel CPA

President, CEO & Director

FAQs

What is Independent Bank Corp - Mich share price today?

Independent Bank Corp - Mich share price today is $31.62 as on at the close of the market. Independent Bank Corp - Mich share today touched a day high of $32.16 and a low of $31.54.

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 and a 52 week low of $26.75 on . Independent Bank Corp - Mich stock price today i.e. is closed at $31.62,which is 21.58% down from its 52 week high and 18.21% 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 .

How to invest in Independent Bank Corp - Mich 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 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 0.0474 shares as per Independent Bank Corp - Mich share price of $31.62 per share as on September 16, 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 ₹88.141 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹881.41 in Independent Bank Corp - Mich stock (as per the Rupee-Dollar exchange rate as on ). Based on Independent Bank Corp - Mich share’s latest price of $31.62 as on September 16, 2025 at 1:29 am IST, you will get 0.3163 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 127.2% share price returns and 20.01% 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?