Financial Services
Independent Bank Corporation(IBCP)
Live Price
Offline$34.31
+0.12% today
1Y Change
+8.85%
Window
Jun 25, 2025 โ Jun 18, 2026
- Market Cap
- $680.00M
- Revenue Growth
- -0.3%
- EPS Growth
- +3.1%
- Dividend Yield
- 3.2%
Coverage: 247 bars ยท Jun 25, 2025 โ Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Independent Bank Corporation (IBCP) is a Financial Services stock with a market cap of $680.00M and listed on NASDAQ. The stock last traded around $34.31 and up 8.9% across the available one-year price window (Jun 25, 2025 โ Jun 18, 2026). Baseline metrics include revenue growth of -0.3%, EPS growth of +3.1%, a dividend yield of 3.2%. What stands out right now is revenue -0.3%, EPS +3.1%, free cash flow +27.1% with operating margin 26.6% and ROIC 1.3%. The dividend matters to the case here, with a current yield around 3.2%. Valuation is more restrained than many high-expectation growth names at P/E 9.8 and price/sales 2.2. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines IBCP price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-0.3% vs +3.4% peer median
Operating Margin
Above sector median
+26.6% vs +4.7% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 23, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -0.3% and EPS is at +3.1%, with operating margin around 26.6%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 3.2%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -2.0% over the next 5 trading days and finished higher after 0 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 23, 2026 | โ | +0.4% | -0.3% | +2.2% |
2026 Jan 22, 2026 | +7.2% | -1.9% | -1.3% | +4.5% |
2025 Oct 28, 2025 | +1.2% | -2.7% | -4.4% | +4.4% |
Benchmark Edge
IBCP vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
IBCP
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
IBCP Max Drawdown
-13.50%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for IBCP and SPY.
Company Overview
Independent Bank Corporation
NASDAQ Global Select
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.
- Leadership
- Gavin A. Mohr
- IPO Date
- Sep 4, 1985
- Employees
- 732
- Street Address
- 4200 East Beltline
- Mailing
- Grand Rapids, MI, 49525
- Region
- Grand Rapids, MI, US
- Reporting Currency
- USD
- Investor Line
- 616 527 5820
- Last Updated
- Apr 30, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 9.8
- EV/EBITDA
- 8.0
- Price/Sales
- 2.2
- Price/Book
- 1.3
Growth
- Revenue
- -0.3%
- EPS
- +3.1%
- Free Cash Flow
- +27.1%
Profitability
- Gross Margin
- 70.3%
- Operating Margin
- 26.6%
- Net Margin
- 22.5%
- ROE
- 14.2%
- ROIC
- 1.3%
Balance Sheet
- Debt/Equity
- 0.13
- Current Ratio
- โ
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.