Back to Results

Independent Bank Corporation (IBCP)

Independent Bank Corporation is a bank holding company for Independent Bank, providing banking services in the United States. Through its banking operations, the company offers deposit products such as demand deposits, interest checking, money market accounts, savings accounts, time certificates of deposit, and free checking accounts. Its lending activities include consumer real estate loans, such as residential mortgages and home equity loans and lines secured by one- to four-family residential properties, along with other consumer loans. The company also provides investment and financial services, cash management, investment management and trust services, estate settlement, financial planning, tax services, and related specialty services. Additional offerings include mutual fund shares, unit investment trust shares, third-party model portfolios, general securities, fixed and variable annuities, life insurance products, debit and credit cards, safe deposit boxes, ATMs, and internet and mobile banking. Founded in 1864, Independent Bank Corporation is based in Grand Rapids, Michigan.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Market Outlook FAQ

Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-IBCP
$32.55
-9.2% Downside
Fair
$40.40
12.8% Upside
Fair
Fair
3.1%
October 27, 2026
11.1x
1.5x
3.4x
795.4 M
19.1%
97.4%
-1.9
31.1%
53.1%
Valuation • Fair Value

Independent Bank Corporation (NASDAQ-IBCP) Fair Value by Valuation Model

Review the available estimates for Independent Bank Corporation (NASDAQ-IBCP), including Ben Graham Formula Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$32.55

Estimated downside of 9.2% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

Ben Graham Formula Value

$35.86

Classic Ben Graham valuation formula reference.

Comps Fair Value

$32.55

Comparable-company valuation reference.

Analyst Price Target

$40.40

Analysts imply upside of 12.8%.

How to read these valuation models

Use the 5 available valuation references for Independent Bank Corporation (NASDAQ-IBCP) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Independent Bank Corporation (NASDAQ-IBCP)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

230.8 M

Current operating scale indicator.

Revenue Forecast

206.1 M

Forward revenue estimate.

EBITDA

0 K

Current operating profitability reference.

How to read profitability and growth

This section helps investors review Independent Bank Corporation (NASDAQ-IBCP) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Independent Bank Corporation (NASDAQ-IBCP)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

6

Mid-range quality score.

Altman Z-Score

-1.9

Lower score that deserves closer risk review.

FCF / Net Income

53.1%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Independent Bank Corporation (NASDAQ-IBCP). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Independent Bank Corporation (NASDAQ-IBCP)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

October 27, 2026

Days to Earnings

31

Dividend Yield

3.1%

Current income yield reference.

Payout Ratio

31.1%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Independent Bank Corporation (NASDAQ-IBCP), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Independent Bank Corporation (NASDAQ-IBCP) Stock Forecast & Technical Outlook

Review Independent Bank Corporation (NASDAQ-IBCP) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Sell

The 15-minute technical read for Independent Bank Corporation (NASDAQ-IBCP) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Independent Bank Corporation (NASDAQ-IBCP) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Independent Bank Corporation (NASDAQ-IBCP) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Neutral

The weekly technical read for Independent Bank Corporation (NASDAQ-IBCP) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Independent Bank Corporation (NASDAQ-IBCP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Independent Bank Corporation (NASDAQ-IBCP)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Independent Bank Corporation (NASDAQ-IBCP) has a Hold consensus, with 1 buy, 4 hold and 0 sell recommendations in the current data set.

Buy 1
Hold 4
Sell 0
FAQ • Fast Investor Answers

Independent Bank Corporation (NASDAQ-IBCP) Stock FAQ

Data-supported answers about Independent Bank Corporation (NASDAQ-IBCP), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$32.55
Estimated downside 9.2%
Valuation Rating
Overvalued
Estimated downside of 9.2%
Analyst Target
$40.40
Implied upside 12.8%
Financial Health
Fair
Current financial-health read

The current fair value estimate for Independent Bank Corporation (NASDAQ-IBCP) is $32.55. This implies an estimated downside of 9.2% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 9.2% versus the current market price.

The available analyst price target for Independent Bank Corporation (NASDAQ-IBCP) is $40.40. The analyst target implies estimated upside of 12.8%.

The current financial health read for Independent Bank Corporation (NASDAQ-IBCP) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Independent Bank Corporation (NASDAQ-IBCP) is October 27, 2026.

Based on the current data, dividend yield is 3.1%.

The current P/E ratio listed for Independent Bank Corporation (NASDAQ-IBCP) is 11.1x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Independent Bank Corporation is 795.4 M.

The ticker symbol for Independent Bank Corporation is NASDAQ-IBCP, and the stock is listed on NASDAQ.

Independent Bank Corporation (NASDAQ-IBCP) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Independent Bank Corporation is 19.1%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Independent Bank Corporation is 97.4%. Free float helps investors understand how much of the share base is available for public trading.

Similar Banks Stocks View more on NASDAQ

Comparable companies from the same industry, limited to one security per issuer.

JPM NYSE JPMorgan Chase & Co Fair Value Fair Market Cap 911.9 B
BAC NYSE Bank of America Corp Fair Value Undervalued Market Cap 396.5 B
HSBC NYSE HSBC Holdings PLC ADR Fair Value Fair Market Cap 343 B
RY NYSE Royal Bank of Canada Fair Value Fair Market Cap 279.6 B
MUFG NYSE Mitsubishi UFJ Financial Group Inc ADR Fair Value Overvalued Market Cap 265.8 B
WFC NYSE Wells Fargo & Company Fair Value Undervalued Market Cap 250.9 B
C NYSE Citigroup Inc Fair Value Fair Market Cap 225.2 B
SAN NYSE Banco Santander SA ADR Fair Value Fair Market Cap 206.9 B
TD NYSE Toronto Dominion Bank Fair Value Fair Market Cap 198.5 B
SMFG NYSE Sumitomo Mitsui Financial Group Inc Fair Value Fair Market Cap 165.5 B
BBVA NYSE Banco Bilbao Viscaya Argentaria SA ADR Fair Value Fair Market Cap 158.2 B
MFG NYSE Mizuho Financial Group Inc ADR Fair Value Fair Market Cap 132.4 B
BMO NYSE Bank Of Montreal Fair Value Fair Market Cap 119.9 B
HDB NYSE HDFC Bank Limited ADR Fair Value Undervalued Market Cap 118.4 B
BNS NYSE Bank of Nova Scotia Fair Value Undervalued Market Cap 114 B
CM NYSE Canadian Imperial Bank of Commerce Fair Value Undervalued Market Cap 103.2 B
ING NYSE ING Group NV ADR Fair Value Fair Market Cap 103.1 B
IBN NYSE Icici Bank Limited ADR Fair Value Fair Market Cap 99.388 B
ITUB NYSE Itau Unibanco Banco Holding SA Fair Value Fair Market Cap 93.874 B
USB NYSE U.S. Bancorp Fair Value Fair Market Cap 92.439 B