Independent Bank Corporation (IBCP)
| Market Cap | 703.62M |
| Revenue (ttm) | 224.68M |
| Net Income (ttm) | 69.83M |
| Shares Out | 20.59M |
| EPS (ttm) | 3.34 |
| PE Ratio | 10.23 |
| Forward PE | 9.48 |
| Dividend | $1.12 (3.28%) |
| Ex-Dividend Date | May 4, 2026 |
| Volume | 172,236 |
| Open | 33.41 |
| Previous Close | 33.51 |
| Day's Range | 33.41 - 34.41 |
| 52-Week Range | 29.63 - 37.39 |
| Beta | 0.75 |
| Analysts | Hold |
| Price Target | 37.00 (+8.25%) |
| Earnings Date | Apr 23, 2026 |
About IBCP
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and fin... [Read more]
Financial Performance
In 2025, Independent Bank's revenue was $219.52 million, an increase of 0.63% compared to the previous year's $218.14 million. Earnings were $68.54 million, an increase of 2.62%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for IBCP stock is "Hold." The 12-month stock price target is $37.0, which is an increase of 8.25% from the latest price.
News
Independent Bank Earnings Call Transcript: Q1 2026
Q1 2026 saw higher net income, margin expansion, and strong commercial loan growth, though total loan growth lagged forecasts. Noninterest expense was elevated by nonrecurring items, and the HCB merger is expected to drive future efficiencies.
Independent Bank Transcript: AGM 2026
The meeting highlighted strong 2025 financial results, increased dividends, and a merger with HCB Financial. All director nominees and proposals were approved, with strategic focus on growth, digital innovation, and operational efficiency.
Independent Bank Corporation Announces Quarterly Cash Dividend On Common Stock
GRAND RAPIDS, Mich., April 21, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its ...
Independent Bank Corporation Announces Date for Its First Quarter 2026 Earnings Release
GRAND RAPIDS, Mich., March 31, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects...
Independent Bank Transcript: M&A announcement
The merger creates a culturally aligned, low-risk combination that expands scale in Michigan, delivers strong cost synergies, and is expected to be 6% accretive to 2027 EPS with minimal dilution. Integration is targeted for Q3 2026, with full cost savings by 2027.
Independent Bank Corporation and HCB Financial Corp. Announce Definitive Merger Agreement
GRAND RAPIDS, Mich., and HASTINGS, Mich., March 18, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) (“Independent”), the parent company of Independent Bank, and HCB Financial Corp...
Independent Bank Earnings Call Transcript: Q4 2025
Q4 2025 net income rose to $18.6M, with strong commercial loan growth and improved NIM. 2026 guidance targets 4.5%-5.5% loan growth, 7%-8% NII growth, and stable credit quality, with capital strength supporting dividends and potential share repurchases.
Independent Bank Corporation Reports Fourth Quarter Earnings Of $0.89 Per Diluted Share; Board Authorizes 5% Stock Repurchase Plan
GRAND RAPIDS, Mich., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported fourth quarter 2025 net income of $18.6 million, or $0.89 per diluted share, versus net inco...
Independent Bank Corporation Announces 7.7% Increase in Quarterly Cash Dividend on Common Stock
GRAND RAPIDS, Mich., Jan. 16, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its B...
Independent Bank Corporation Announces Appointment of Michael J. Stodolak as Executive Vice President Retail Banking following the Retirement of Russ Daniel
GRAND RAPIDS, Mich., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it has prom...
Independent Bank Corporation Appoints Michael G. Wooldridge To Its Board of Directors
GRAND RAPIDS, Mich., Dec. 19, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board o...
Independent Bank Corporation Announces the Adoption of its 2026 Share Repurchase Plan
GRAND RAPIDS, Mich., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board o...
Independent Bank Earnings Call Transcript: Q3 2025
Q3 2025 net income rose to $17.5M, with strong commercial loan and deposit growth, stable margins, and robust credit quality. Non-performing assets increased due to one commercial relationship, but overall credit and capital remain solid.
Independent Bank Corporation Reports 2025 Third Quarter Results
Third Quarter Highlights Highlights for the third quarter of 2025 include: Increase in net interest income of $0.7 million (or 1.7%) over the second quarter of 2025; Increase in tangible common equity...
Independent Bank Corporation Announces Date for Its Third Quarter 2025 Earnings Release
GRAND RAPIDS, Mich., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects...
Independent Bank Corporation Expresses Deepest Sympathy on the Passing of Past Chairman of the Board of Directors Michael M. Magee, Jr.
GRAND RAPIDS, Mich., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, announced with great sadness that Michael M. Magee, Jr., cu...
Federal Home Loan Bank of Indianapolis presents annual Community Spirit Award to Michigan lender for affordable housing achievements
INDIANAPOLIS, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Today the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) announced Jason Blain, senior commercial lender at Grand Rapids-base...
Independent Bank Earnings Call Transcript: Q2 2025
Q2 2025 saw strong loan growth, margin expansion, and robust credit quality, though net income declined year-over-year. Technology investments and new hires supported operational efficiency, while capital and liquidity remained strong. Margin outlook is stable even with potential rate cuts.
Independent Bank Corporation Reports 2025 Second Quarter Results
Second Quarter Highlights Highlights for the second quarter of 2025 include: Increase in net interest income of $0.9 million (or 2.1%) over the first quarter of 2025; Increase in tangible common equi...
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock
GRAND RAPIDS, Mich., July 22, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its B...
Independent Bank Corporation Announces Date for Its Second Quarter 2025 Earnings Release
GRAND RAPIDS, Mich., June 26, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects ...
Independent Bank Earnings Call Transcript: Q1 2025
Q1 2025 net income was $15.6M, with strong loan and deposit growth, higher net interest income, and robust credit quality. Non-interest income declined due to a mortgage servicing rights sale, while capital and reserves remain strong.
Independent Bank Corporation Reports 2025 First Quarter Results
First Quarter Highlights Highlights for the first quarter of 2025 include: Increase in net interest income of $0.8 million (or 1.9%) over the fourth quarter of 2024; Increase in tangible book value p...
Independent Bank Corporation Announces Date for Its First Quarter 2025 Earnings Release
GRAND RAPIDS, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects...
Independent Bank Earnings Call Transcript: Q4 2024
Q4 2024 net income rose to $18.5M, with strong commercial loan growth and a 3.45% net interest margin. 2025 guidance targets 5%-6% loan growth, 20-25 bps margin expansion, and a 14% drop in non-interest income, assuming a stable Michigan economy.