Independent Bank Stock Performance
as on September 19, 2026 at 2:15 pm IST
Day's Low
Day's High
$35.79$36.36
1.21%
Downside
0.36%
Upside

52 Week's Low
52 Week's High
$29.83$39.24
17.66%
Downside
8.31%
Upside

Independent Bank share price movements today
- Previous Close
- $36.22
- Open
- $36.03
- Volume
- 317.3K
- Market Cap
- $829.1M
- Dividend Yield
- 3.02%
- Day's Low - High
- $35.79 - $36.36
- 52 Week Low - High
- $29.83 - $39.24
Independent Bank Historical Returns
- 1 Month Return
- -1.98 %
- 3 Month Return
- + 5.57 %
- 1 Year Return
- + 15.53 %
- 3 Year Return
- + 97.82 %
- 5 Year Return
- + 77.29 %
Independent Bank Stock Fundamentals & Key Indicators
Check Independent Bank market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
$829.1M
EPS (TTM)
3.48
Dividend Yield
3.02%
Quarterly Earnings Growth YOY
0.00%
PE Ratio (TTM)
10.41
Industry PE ratio
11.13
PEG Ratio
0.8246374889478341
EBITDA
94.3M
Revenue (TTM)
316.0M
Profit Margin
71.30%
Return On Equity TTM
14.12%
Independent Bank Stock Valuation
Track how Independent Bank P/E has moved over time to understand its valuation trends.
Independent Bank in the last 5 years
Lowest (7.97x)
December 31, 2022
Today (9.86x)
December 31, 2025
Industry (11.13x)
December 31, 2025
Highest (10.88x)
December 31, 2024
Today’s Price to Earnings Ratio: 9.86x
Independent Bank vs Peer Comparison
Compare market cap, revenue, PE, and other key metrics of Independent Bank with its industry peers.
Company | Analyst View | Market Cap | 5 Years Return % | PE Ratio | Profit Margin % | Dividend Yield % |
|---|---|---|---|---|---|---|
| HOLD | $829.1M | 77.29% | 10.41 | 71.30% | 3.02% | |
| BUY | $134.3B | 275.25% | 15.18 | 29.14% | 1.68% | |
| HOLD | $96.9B | 5.68% | 12.03 | 63.78% | 3.48% | |
| NA | $156.2B | NA | 6.95 | 87.19% | 4.42% | |
| BUY | $101.1B | 44.29% | 17.19 | 68.53% | 0.89% |
Stock Returns calculator for Independent Bank Stock including INR - Dollar returns
The Independent Bank 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
Independent Bank investment value today
Current value as on today
₹1,25,483
Returns
₹25,483
(+25.48%)
Returns from Independent Bank Stock
₹15,566 (+15.57%)
Dollar Impact
₹9,916 (+9.92%)
Analyst Recommendation on Independent Bank Stock
Based on 4 analysts
25.00%
Buy
75.00%
Hold
0.00%
Sell
Based on 4 analysts, 75% of analysts recommend a 'HOLD' rating for Independent Bank. Average target price of $40.4
Independent Bank Share Price Target
Get share price movements and forecasts by analysts on Independent Bank.
What analysts predicted
10.32%UPSIDE
Target Price
$40.4
Current Price
$36.23
Analyzed by
4 Analysts
Target
$40.40
Independent Bank target price $40.4, a slight upside of 10.32% compared to current price of $36.23. According to 4 analysts rating.
Indian Investors' Interest in Independent Bank Stock
Search interest for Independent Bank Stock has increased by 75% in the last 30 days, reflecting an upward trend in search activity.
Time period: to
Change:75% versus previous 30 day period
Independent Bank Quarterly Profit & Loss
All numbers in Millions USD
Independent Bank Annual Profit & Loss
All numbers in Millions USD
Independent Bank Quarterly Cash Flow
All numbers in Millions USD
Independent Bank Annual Cash Flow
All numbers in Millions USD
Insights on Independent Bank
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise

In the last 3 years, IBCP stock has moved up by 99.4%
POSITIVE IMPACTProfit Spike

Netprofit is up for the last 2 quarters, 16.87M → 18.80M (in $), with an average increase of 10.3% per quarter
POSITIVE IMPACTRevenue Rich

Revenue is up for the last 2 quarters, 74.61M → 82.62M (in $), with an average increase of 9.7% per quarter
NO EFFECTAgainst Peers

In the last 3 years, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 204.7% return, outperforming this stock by 105.3%
NO EFFECTAgainst Peers

In the last 1 year, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 64.8% return, outperforming this stock by 49.2%
About Independent Bank
| Organisation | Independent Bank |
| Headquarters | 4200 East Beltline, Grand Rapids, MI, 49525, US |
| Industry | Banks - Regional |
| CEO | William Bradford Kessel |
| E-voting on shares | Click here to vote |
Key Management of Independent Bank
Name | Title |
|---|---|
Mr. William Bradford Kessel CPA | President, CEO & Director |
Mr. Joel F. Rahn | Executive VP of Commercial Lending & Chief Lending 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. Michael J. Stodolak | Executive Vice President of Retail Banking |
Mr. Mark Allan Kolanowski | Executive Vice President |
Mr. Gavin A. Mohr | CFO, Executive VP, Treasurer & Corporate Secretary |
Ms. Stefanie M. Kimball | Executive VP & Chief Risk Officer |
Mr. Patrick J. Ervin | Executive Vice President of Mortgage Banking |
FAQs
What is Independent Bank share price today?
Independent Bank share price today is $36.23 as on at the close of the market. Independent Bank share today touched a day high of $36.36 and a low of $35.79.
What is the 52 week high and 52 week low for Independent Bank share?
Independent Bank share touched a 52 week high of $39.24 on and a 52 week low of $29.83 on . Independent Bank stock price today i.e. is closed at $36.23,which is 7.67% down from its 52 week high and 21.45% up from its 52 week low.
What is Independent Bank's market capitalisation today?
Independent Bank market capitalisation is $0.00T as on .
How to invest in Independent Bank 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 on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Independent Bank Shares that will get you 0.0414 shares as per Independent Bank share price of $36.23 per share as on September 19, 2026 at 8:45 am IST.
What is the minimum amount required to buy Independent Bank Stock (IBCP) from India?
Indian investors can start investing in Independent Bank (IBCP) shares with as little as ₹95.88 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹958.80 in Independent Bank stock (as per the Rupee-Dollar exchange rate as on ).
Based on Independent Bank share’s latest price of $36.23 as on September 19, 2026 at 8:45 am IST, you will get 0.2760 shares of Independent Bank. Learn more about
fractional shares .
What are the returns that Independent Bank has given to Indian investors in the last 5 years?
Independent Bank stock has given 77.29% share price returns and 30.25% 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?