Independent Bank Corp - Mich (IBCP) Live Share Price, Invest From India

Independent Bank Corp - Mich Stock Performance

as on March 24, 2026 at 6:59 am IST

Day's Low
Day's High
$32.16
Day's Price Range
$33.41
$32.84
2.07%
Downside
1.74%
Upside
52 Week's Low
52 Week's High
$26.75
52-Week Price Range
$37.39
$32.84
18.54%
Downside
13.86%
Upside

Independent Bank Corp - Mich share price movements today

Previous Close: $31.98
Open: $32.80
Volume: 283.9K
Day's Low - High: $32.16 - $33.41
52 Week Low - High: $26.75 - $37.39

Independent Bank Corp - Mich Historical Returns

1 Month Return: -9.94 %
3 Month Return: -4.88 %
1 Year Return: + 2.96 %
3 Year Return: + 88.12 %
5 Year Return: + 43.09 %

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

$661.7M

EPS (TTM)

3.422

Dividend Yield

2.74%

Quarterly Earnings Growth YOY

0.02%

PE Ratio (TTM)

9.78

Industry PE ratio

8.72991341991342

PEG Ratio

1.4017

EBITDA

Revenue (TTM)

219.5M

Profit Margin

31.22%

Return On Equity TTM

14.32%

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

Industry (8.73x)

March 23, 2026

Today (9.78x)

March 23, 2026

Highest (11.23x)

December 31, 2024

LowHigh

Today’s Price to Earnings Ratio: 9.78x

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	$661.7M	43.09%	9.78	31.22%
Mizuho Financial Group, Inc.	BUY	$92.8B	145.63%	14.32	26.13%
Itaú Unibanco Holding S.a.	BUY	$86.4B	78.36%	10.18	32.28%
Pnc Financial Services Group, Inc.	BUY	$81.6B	19.07%	12.17	31.08%
U.s. Bancorp	HOLD	$79.6B	-4.35%	11.09	28.72%

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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

₹1,15,650

Returns

₹15,650

(+15.65%)

Returns from Independent Bank Corp - Mich Stock

₹5,731 (+5.73%)

Dollar Returns*

₹9,919 (+9.92%)

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 $37

Independent Bank Corp - Mich Share Price Target

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

What analysts predicted

11.24%UPSIDE

Target Price

$37

Current Price

$32.84

Analyzed by

9 Analysts

Target

$37.00

Independent Bank Corp - Mich target price $37, a slight upside of 11.24% compared to current price of $32.84. According to 9 analysts rating.

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

Search interest for Independent Bank Corp - Mich Stock has increased by 16% in the last 30 days, reflecting an upward trend in search activity.

Time period: February 22, 2026 to March 24, 2026

Change:16% versus previous 30 day period

Independent Bank Corp - Mich Quarterly Profit & Loss

All numbers in Millions USD

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Total Revenue	76	72	76	79	76	84	74	76	79	79
Gross Profit	51	47	51	54	47	57	51	52	53	56
Operating Income	21	17	19	23	17	22	19	20	21	20
EBITDA	24	20	22	25	19	25	21	23	23	20
Interest Expense	23	25	24	24	26	24	22	22	23	21
Depreciation	2	2	2	2	2	2	2	2	2	-
Income Before Tax	21	17	19	23	17	22	19	20	21	20
Income Tax Expense	4	4	3	4	3	4	3	3	3	1
Net Income	17	13	15	18	13	18	15	16	17	18
Net Profit Margin	22.96%	18.85%	21.00%	23.23%	18.16%	21.84%	20.86%	22.11%	22.05%	23.40%

Independent Bank Corp - Mich 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	-
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 Corp - Mich 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	-

Independent Bank Corp - Mich 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	-

Global Institutional Holdings in Independent Bank Corp - Mich

Funds	Holdings
PL Capital Advisors, LLC	1.55%
Algebris Investment Management (UK) LLP	1.04%
Northern Trust Corp	1.03%
Nuveen, LLC	1.42%
CSM Advisors, LLC	0.96%

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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 4 quarters, 15.59M → 18.57M (in $), with an average increase of 5.7% per quarter
POSITIVE IMPACT
Price Rise
In the last 3 years, IBCP stock has moved up by 88.1%
NO EFFECT
Against Peers
In the last 3 years, Mizuho Financial Group, Inc. has given 105.1% return, outperforming this stock by 17.0%
NO EFFECT
Against Peers
In the last 1 year, Itaú Unibanco Holding S.a. has given 42.7% return, outperforming this stock by 39.7%
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 79.39M → 79.38M (in $), with an average decrease of 0.0% per quarter

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
Mr. William Bradford Kessel CPA	President, CEO & Director
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
Ms. Darcy J. Benjamin	Accounting Officer
Mr. Patrick J. Ervin	Executive Vice President of Mortgage Banking
Mr. Joel F. Rahn	Executive VP of Commercial Lending & Chief Lending Officer
Mr. Michael J. Stodolak	Executive Vice President of Retail Banking

FAQs

What is Independent Bank Corp - Mich share price today?

Independent Bank Corp - Mich share price today is $32.84 as on March 24, 2026 at 1:29 am IST at the close of the market. Independent Bank Corp - Mich share today touched a day high of $33.41 and a low of $32.16.

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 $37.39 on February 4, 2026 and a 52 week low of $26.75 on April 4, 2025. Independent Bank Corp - Mich stock price today i.e. March 24, 2026 at 1:29 am IST is closed at $32.84,which is 12.17% down from its 52 week high and 22.77% 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 March 24, 2026 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 0.0457 shares as per Independent Bank Corp - Mich share price of $32.84 per share as on March 24, 2026 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 ₹94.058 or $1 (as of March 24, 2026 at 1:41 am IST) using the INDmoney app.
For example: If you want to invest $10 or ₹940.58 in Independent Bank Corp - Mich stock (as per the Rupee-Dollar exchange rate as on March 24, 2026 at 1:41 am IST). Based on Independent Bank Corp - Mich share’s latest price of $32.84 as on March 24, 2026 at 1:29 am IST, you will get 0.3045 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 43.09% share price returns and 29.13% 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?