Independent Bank Corp. (IBCP) — Analysis Summary
Independent Bank Corp. (IBCP) has a market cap of $789.85M with year-over-year revenue growth of +0.3%. Net margin stands at 213.7%. The stock trades at a P/E ratio of 11.0.
Key Takeaways
- Revenue changed +0.3% year-over-year
- Net margin of 213.7%
- P/E ratio of 11.0
Compared to other companies in the STATE COMMERCIAL BANKS sector, IBCP posted revenue growth of +0.3% and trades at a P/E of 11.0.
Independent Bank Corp. (IBCP)
PREVIOUS CLOSE 2026-10-12 · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsHigh Risk Signals
Multiple material red flags are active and deserve closer underwriting before relying on any valuation output.
Interest coverage at 0.0x — earnings do not cover interest payments
Independent Bank Corp. operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers. The firm's principal markets are the rural and suburban communities across Lower Michigan. The firm generates the majority of its revenue from Interest and fees on loans.
Sector
STATE COMMERCIAL BANKS
Employees
826
Headquarters
GRAND RAPIDS, MI
Exchange
XNAS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
$1.12
Dividend Yield
3.15%
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.