Independent Bank Corporation

Independent Bank Corporation

IBCP·NASDAQ

$34.26

-3.1%
Financial ServicesBanks - Regional

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

At a Glance

Live Snapshot
Market Cap$705.97M
EPS3.3000
P/E Ratio9.81
Earnings Date07/23/2026

ibcp

Operating Expenses

Last Annual Value

138.23M

3-Year CAGR

5%

5-Year CAGR

4%

10-Year CAGR

5%

Independent Bank Corporation

Independent Bank Corporation Competitors Analysis of Operating Expenses

IBCP · NASDAQ
CompanyOperating Expenses
CAGR 3Y
CAGR 5Y
CAGR 10Y
138.23M
4.8%2.5%4.9% 
154.23M
5.8%5.6%5.5%
132.62M
12.9%-1.5%N/A
147.26M
21.3%15.1%12.0%
96.97M
17.5%12.9%42.0%
149.00M
13.4%8.4%5.6%
159.59M
2.1%0.5%4.1%
102.08M
5.7%13.6%12.4%
120.89M
2.2%5.8%14.5%
54.04M
5.5%3.7%7.5%
142.46M
0.3%2.2%1.1%
Independent Bank Corporation

Independent Bank Corporation Fair Value Envelope

IBCP · NASDAQ

Our analysis suggests that IBCP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $34.26, this represents a potential HIDDEN relative to our calculated worth for Independent Bank Corporation.

Intrinsic Value
Current Price: $34.26