IBCP

Independent Bank Corporation

Price

$37.18

return (12m)

22.31%

p/e

10.52

p/bv

1.43

DIVIDEND YIELD

3.00%

IBCP price

Independent Bank

If you had invested

exposure

years ago

ago, you would now have *

ago, you would now have:

*The amount considers the reinvestment of dividends.

Return on Investment IBCP

1 month

3 months

1 year

2 years

5 years

10 years

return

1 month

6.58%

3 months

-1.33%

1 year

22.31%

2 years

20.43%

5 years

93.04%

10 years

213.24%

Profitability Comparator

If you had invested

years ago

ago, you would now have:

Fundamentals IBCP

Valuation

P/E

10.52

Sector -138.41

Industry -53.61

P/BV

1.43

Sector -9.97

Industry -43.35

P/Revenue (PSR)

3.17

Sector -9.86

Industry -

P/EBITDA

Sector -68.09

Industry -119.72

P/EBIT

Sector -71.51

Industry -106.73

P/Total Assets

0.13

Sector 0.13

Industry 0.38

P/Net Current Assets

-0.15

Sector -9.93

Industry -

P/Working Capital

Sector -

Industry -

EPS

3.48

Sector -9,535.79

Industry -25,007.13

BVPS

25.65

Sector -8,460.32

Industry -29,307.97

Efficiency

Gross Margin

0.00%

Sector 1.10%

Industry -1.28%

EBITDA Margin

0.00%

Sector -258.36%

Industry -

EBIT Margin

0.00%

Sector -7.29%

Industry -13.06%

Net Profit Margins

30.18%

Sector -2.30%

Industry -10.59%

Asset Turnover

0.01

Sector 0.01

Industry 0.00

Profitability

ROE

13.58%

Sector -1,324.85%

Industry -5,287.10%

ROA

1.27%

Sector -8.21%

Industry -17.99%

ROIC

0.00%

Sector -12.03%

Industry -38.27%

Dividends

Dividend yield

3.00%

Sector 0.26%

Industry -

Payout

31.56%

Sector 5.51%

Industry -

Debt

Current Ratio

Sector -

Industry -

Net Debt / Equity

0.00

Sector -1.34

Industry -0.77

Gross Debt / Equity

0.00

Sector -0.24

Industry -0.27

Equity/Assets

0.09

Sector -0.03

Industry -0.21

Liabilities/Assets

0.91

Sector 0.36

Industry -0.01

Growth

5Y Revenue CAGR

2.87%

Sector -

Industry -

5Y Earnings CAGR

2.67%

Sector -

Industry -

Fundamentals IBCP

DRAG THE FRAME TO SEE MORE DATA

FAIR VALUE OF Independent Bank ACCORDING TO BENJAMIN GRAHAM

Graham's Fair Value

The Fair Value formula was created by Benjamin Graham to identify stocks with appreciation potential or that are being traded for less than they are worth. Graham was one of the greatest investors in history and Warren Buffett’s mentor.

Current price

$37.18

Fair Value

$44.82

Upside

20.54%

See Graham's ranking

Because it considers equity value in its calculation, this formula may not work well for technology companies.

This is not a buy/sell recommendation; the fair value calculation takes into account only the formula created by Benjamin Graham, published in the book The Intelligent Investor.

Assets	Price ($)	Return 12m	DY	P/E	P/BV	ROE	Net Profit Margins
IBCP Independent Bank Corporation	$37.18	22.31%	3.00%	10.52	1.43	13.58%	30.18%
JPM JPMorgan Chase & Co.	$344.15	15.45%	1.79%	13.67	2.41	17.92%	21.74%
NU Nu Holdings (NuBank)	$12.02	-24.53%	0.00%	16.71	4.55	27.22%	18.61%
BAC Bank of America Corporation	$51.74	0.60%	2.28%	11.45	1.25	10.95%	27.34%
INTR Inter & Co. Inc. Class A Common Shares (Banco Inter)	$4.08	-56.74%	2.48%	6.94	1.00	14.43%	9.28%
HSBC HSBC Holdings PLC	$87.05	29.87%	4.34%	11.83	1.52	12.98%	18.78%
C Citigroup Inc.	$126.53	28.15%	2.03%	11.68	1.07	9.09%	14.38%
RY ROYAL BANK OF CANADA	$207.01	43.61%	2.34%	147.22	20.58	13.98%	15.76%
ITUB Itau Unibanco Banco Holding SA	$7.32	10.98%	7.62%	12.30	1.98	16.14%	9.37%
ING ING Group N.V.	$32.26	38.95%	4.13%	7.98	1.63	20.47%	25.17%
SAN Banco Santander SA ADR	$11.75	17.31%	2.08%	5.55	1.37	25.48%	29.74%
LYG Lloyds Banking Group PLC	$5.22	15.88%	4.02%	10.82	1.30	12.01%	8.53%
WFC Wells Fargo & Company	$85.08	0.02%	2.23%	11.51	1.44	12.54%	16.90%
NWG NatWest Group PLC	$16.99	15.56%	5.50%	4.19	0.59	14.20%	20.45%
TD Toronto Dominion Bank	$127.65	60.59%	2.50%	12.78	1.62	12.71%	14.14%
BCS Barclays PLC	$23.11	9.56%	2.73%	11.56	0.88	6.94%	15.93%
BBD Banco Bradesco SA ADR	$2.64	-15.24%	9.24%	6.03	0.80	13.25%	7.24%
BSBR Banco Santander Brasil SA ADR	$4.58	-12.16%	7.47%	12.80	1.38	11.26%	3.93%
MUFG Mitsubishi UFJ Financial Group Inc.	$21.96	50.41%	2.05%	13.21	1.72	13.03%	20.55%
BSAC Banco Santander Chile	$31.27	16.13%	4.84%	12.08	2.61	21.58%	34.03%
DB Deutsche Bank AG	$34.90	3.86%	2.71%	12.94	0.90	6.99%	8.91%

Stock vs Indice Comparison Tool

If you had invested

years ago

ago, you would now have *

ago, you would now have:

*This calculation reflects price variation only.

IBCP - Historical Dividends

Current Dividend Yield

3.00%

5-year average Dividend Yield

3.50%

Current Payout

31.56%

5-year average Payout

29.46%

DRAG THE FRAME TO SEE MORE DATA

type	Ex - Dividend Date	payment date	value
Dividends	11/02/2026	11/13/2026	0.28000000
Dividends	08/03/2026	08/14/2026	0.28000000
Dividends	05/01/2026	05/14/2026	0.28000000
Dividends	02/02/2026	02/13/2026	0.28000000
Dividends	11/03/2025	11/14/2025	0.26000000
Dividends	08/04/2025	08/15/2025	0.26000000
Dividends	05/02/2025	05/15/2025	0.26000000
Dividends	02/03/2025	02/14/2025	0.26000000
Dividends	11/04/2024	11/15/2024	0.24000000
Dividends	08/02/2024	08/15/2024	0.24000000
Dividends	05/01/2024	05/13/2024	0.24000000
Dividends	02/01/2024	02/15/2024	0.24000000
Dividends	11/01/2023	11/13/2023	0.23000000
Dividends	08/02/2023	08/14/2023	0.23000000
Dividends	05/03/2023	05/15/2023	0.23000000
Dividends	02/14/2023	02/24/2023	0.23000000
Dividends	11/02/2022	11/14/2022	0.22000000
Dividends	05/03/2022	05/16/2022	0.22000000
Dividends	02/02/2022	02/15/2022	0.22000000
Dividends	11/03/2021	11/15/2021	0.21000000
Dividends	08/04/2021	08/16/2021	0.21000000
Dividends	05/03/2021	05/14/2021	0.21000000
Dividends	02/03/2021	02/16/2021	0.21000000
Dividends	11/03/2020	11/16/2020	0.20000000
Dividends	07/31/2020	08/14/2020	0.20000000
Dividends	05/01/2020	05/15/2020	0.20000000
Dividends	02/03/2020	02/14/2020	0.20000000
Dividends	11/04/2019	11/15/2019	0.18000000
Dividends	08/02/2019	08/15/2019	0.18000000
Dividends	05/02/2019	05/15/2019	0.18000000
Dividends	02/01/2019	02/15/2019	0.18000000
Dividends	11/01/2018	11/15/2018	0.15000000
Dividends	08/02/2018	08/15/2018	0.15000000
Dividends	05/03/2018	05/15/2018	0.15000000
Dividends	02/05/2018	02/15/2018	0.15000000
Dividends	11/02/2017	11/15/2017	0.12000000
Dividends	08/03/2017	08/15/2017	0.10000000
Dividends	05/04/2017	05/15/2017	0.10000000
Dividends	02/06/2017	02/15/2017	0.10000000
Dividends	11/03/2016	11/15/2016	0.10000000
Dividends	08/04/2016	08/15/2016	0.08000000
Dividends	05/04/2016	05/16/2016	0.08000000
Dividends	02/03/2016	02/16/2016	0.08000000
Dividends	11/05/2015	11/16/2015	0.08000000
Dividends	08/05/2015	08/17/2015	0.06000000
Dividends	05/01/2015	05/15/2015	0.06000000
Dividends	02/04/2015	02/17/2015	0.06000000
Dividends	11/05/2014	11/17/2014	0.06000000
Dividends	08/01/2014	08/15/2014	0.06000000
Dividends	04/28/2014	05/15/2014	0.06000000
Dividends	10/01/2009	10/30/2009	0.10000000
Dividends	07/02/2009	07/31/2009	0.10000000
Dividends	04/02/2009	04/30/2009	0.10000000
Dividends	01/01/2009	01/30/2009	0.10000000
Dividends	10/02/2008	10/31/2008	0.10000000
Dividends	07/03/2008	07/31/2008	0.10000000
Dividends	04/02/2008	04/30/2008	1.10000000
Dividends	01/02/2008	01/31/2008	2.10000000
Dividends	10/03/2007	10/31/2007	2.10000000
Dividends	07/03/2007	07/31/2007	2.10000000
Dividends	04/03/2007	04/30/2007	2.10000000
Dividends	01/03/2007	01/31/2007	2.00000000
Dividends	10/03/2006	10/31/2006	2.00000000
Dividends	07/03/2006	07/31/2006	1.72761905
Dividends	04/03/2006	04/28/2006	1.72761905
Dividends	01/03/2006	01/31/2006	1.64095238
Dividends	10/03/2005	10/31/2005	1.64095238
Dividends	07/01/2005	07/29/2005	1.41768707
Dividends	04/01/2005	04/29/2005	1.41768707
Dividends	01/03/2005	01/31/2005	1.26893424
Dividends	10/01/2004	10/29/2004	1.26893424
Dividends	07/02/2004	07/30/2004	1.19365079
Dividends	04/01/2004	04/30/2004	1.19365079
Dividends	01/01/2004	01/30/2004	1.19365079
Dividends	10/02/2003	10/31/2003	1.19365079
Dividends	07/01/2003	07/31/2003	0.98701299
Dividends	03/31/2003	04/30/2003	0.86332715
Dividends	01/02/2003	01/31/2003	0.86332715
Dividends	10/02/2002	10/31/2002	0.73991617
Dividends	06/28/2002	07/31/2002	0.67117564
Dividends	04/01/2002	04/30/2002	0.67117564
Dividends	01/01/2002	01/31/2002	0.67117564
Dividends	10/03/2001	10/31/2001	0.59683325
Dividends	06/28/2001	07/31/2001	0.54098920
Dividends	03/30/2001	04/30/2001	0.54098920
Dividends	01/01/2001	01/31/2001	0.50758250
Dividends	10/03/2000	10/31/2000	0.50758250
Dividends	06/28/2000	07/28/2000	0.46014355
Dividends	03/30/2000	04/28/2000	0.46014355
Dividends	12/30/1999	01/31/2000	0.42927737
Dividends	10/01/1999	10/31/1999	0.42927737
Dividends	06/28/1999	07/30/1999	0.38984101
Dividends	03/29/1999	04/30/1999	0.38984101
Dividends	12/29/1998	01/29/1999	0.36180140
Dividends	10/01/1998	10/30/1998	0.36180140
Dividends	06/26/1998	07/31/1998	0.32820556
Dividends	03/31/1998	04/30/1998	0.32820556
Dividends	12/29/1997	01/30/1998	0.31126406
Dividends	10/01/1997	10/31/1997	0.31126406
Dividends	06/27/1997	07/31/1997	0.28222150
Dividends	03/31/1997	04/30/1997	0.18814767
Dividends	12/31/1996	01/31/1997	0.26453708
Dividends	10/02/1996	10/31/1996	0.26453708
Dividends	06/28/1996	07/31/1996	0.23995947
Dividends	03/29/1996	04/30/1996	0.23995947
Dividends	01/01/1996	01/31/1996	0.22155447
Dividends	10/03/1995	10/31/1995	0.22155447
Dividends	06/29/1995	07/31/1995	0.20091706
Dividends	03/28/1995	04/28/1995	0.20091706
Dividends	12/27/1994	01/31/1995	0.16751357
Dividends	09/27/1994	10/31/1994	0.16751357
Dividends	06/24/1994	07/29/1994	0.16751357
Dividends	03/25/1994	04/29/1994	0.16751357
Dividends	12/28/1993	01/31/1994	0.12551115
Dividends	09/27/1993	10/29/1993	0.12551115
Dividends	06/25/1993	07/30/1993	0.12551115
Dividends	03/26/1993	04/30/1993	0.12551115
Dividends	12/25/1992	01/29/1993	0.10880941
Dividends	09/25/1992	10/30/1992	0.10880941
Dividends	06/25/1992	07/31/1992	0.10880941
Dividends	03/27/1992	04/30/1992	0.10880941
Dividends	12/26/1991	01/31/1992	0.09624175
Dividends	09/26/1991	10/31/1991	0.09624175
Dividends	06/26/1991	07/31/1991	0.09624175
Dividends	03/28/1991	04/30/1991	0.09624175
Dividends	12/26/1990	01/31/1991	0.09210766
Dividends	09/27/1990	10/31/1990	0.09210766
Dividends	06/26/1990	07/31/1990	0.09210766
Dividends	03/28/1990	04/30/1990	0.09210766

ABOUT Independent Bank

Independent Bank Corporation

Average Investor10 user rating

4.0 (6 people)

United States

53 years

Founded: 1973

1985

Time since IPO - 41 years

983

Employees

Independent Bank Corporation (United States) is listed on the Nasdaq and has a market capitalization of $754.72 million, with shareholders equity totaling $528.41 million.

The company employs approximately 983 people and operates in the Financial sector, within the Banks industry.

Over the past 12 months, Independent Bank Corporation reported $237.75 million in revenue, generating net income of $71.75 million.

Key financial metrics include a P/E ratio of 10.52, a price-to-book (P/B) ratio of 1.43, and a trailing twelve-month dividend yield of 3.00%.

The company trades under the ticker IBCP.

Market cap

$754.72 million

Net worth

$528.41 million

$528,413,000.00

Assets

$5.66 billion

$5,663,841,000.00

Total Shares Outstanding

20.60 million

20,604,000

Average Daily Trading Volume

$186.23 Thousand

$186,231.80

Sector

Financial

Industry

Banks

IBCP

IBCP revenue and profits

Financial Results IBCP

DRAG THE FRAME TO SEE MORE DATA

IBCP cash flow

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