What is Independent Bank Corporation (Ionia, MI) Annual Revenue?

Independent Bank Corporation (Ionia, MI) Annual Revenue rose 7.64%, in the last year to $215.8 M. Its sector's average revenue growth for the last fiscal year was 6.48%.

What is Independent Bank Corporation (Ionia, MI) Annual Net Profit?

Independent Bank Corporation (Ionia, MI) Annual Net Profit rose 13.07% in the last year to $66.79 M. Its sector's average net profit growth for the last fiscal year was 16.77%.

What is Independent Bank Corporation (Ionia, MI) Price to Earning Ratio?

Independent Bank Corporation (Ionia, MI) Price to Earning Ratio is 9.73, lower than its sector PE ratio of 13.81.

What is Independent Bank Corporation (Ionia, MI) Stock Price?

Independent Bank Corporation (Ionia, MI) Stock Price rose 24.01% and outperformed its sector by 1.8% in the past year.

What is Independent Bank Corporation (Ionia, MI) Quarterly Revenue?

Independent Bank Corporation (Ionia, MI) Quarterly Revenue rose 26.84% YoY to $60.4 M. Its sector's average revenue growth YoY for the quarter was 6.31%.

What is Independent Bank Corporation (Ionia, MI) Quarterly Net profit?

Independent Bank Corporation (Ionia, MI) Quarterly Net profit rose 34.33% YoY to $18.46 M. Its sector's average net profit growth YoY for the quarter was 46.63%.

What is Independent Bank Corporation (Ionia, MI) Debt to Equity Ratio?

Independent Bank Corporation (Ionia, MI) Debt to Equity Ratio of 0.27 is less than 1 and healthy. This implies that its assets are financed mainly through equity.

What is Independent Bank Corporation (Ionia, MI) Return on Equity(ROE)?

Independent Bank Corporation (Ionia, MI) Return on Equity(ROE) for the last financial year was 15.55%, in the normal range of 10% to 20%.

What is Independent Bank Corporation (Ionia, MI) Mutual Fund Holding?

Independent Bank Corporation (Ionia, MI) Mutual Fund Holding decreased by 1.08% in the last quarter to 67.42.

What is Independent Bank Corporation (Ionia, MI) Promoter Share Holding?

Independent Bank Corporation (Ionia, MI) Promoter Share Holding increased by 0.15% in the most recent quarter to 1.94%.

What is Independent Bank Corporation (Ionia, MI) Institutional Holding?

Independent Bank Corporation (Ionia, MI) Institutional Holding decreased by 0.67% in the last quarter to 81.3.

How is the Independent Bank Corporation (Ionia, MI) today?

The Independent Bank Corporation (Ionia, MI) today is trading in the down by -0.16% at 30.99.

How has Independent Bank Corporation (Ionia, MI) performed historically?

The Independent Bank Corporation (Ionia, MI) is currently trading down -0.16% on an intraday basis in the past week the index rose 2.89%. The index has been down -13.05% in the past quarter and rose 24.01% in the past year. You can view this in the overview section.

Independent Bank Corporation (Ionia, MI) XNAS: IBCP

Independent Bank Corporation (Ionia, MI) Live Share Price Today, Share Analysis and Chart

Name: Independent Bank Corporation (Ionia, MI): Is Infosys Ltd. worth buying?
Item: Independent Bank Corporation (Ionia, MI)
Rating: 2.193569375
Author: Trendlyne DVM scores

Mid-range Performer

Download real time

30.99 -0.05 (-0.16%)

37.55% Gain from 52W Low

2,663 XNAS Volume

XNAS 28 Apr, 2025 9:53 AM (EDT)

Dividend

Independent Bank Corporation (Ionia, MI) has an upcoming dividend of $0.26 per share due on 05 May 2025 See details

Independent Bank Corporati... Key Metrics

My Metrics

Select

Market Capitalization Below industry Median Unavailable in chosen country	649.9
PE TTM Below industry Median Unavailable in chosen country	9.7
PEG TTM Below industry Median Unavailable in chosen country	0.7
Price to Book High in industry Unavailable in chosen country	1.4
Institutional holding current Qtr % Below industry Median Unavailable in chosen country	81.3
Revenue Growth Qtr YoY % High in industry Unavailable in chosen country	26.8
Operating Revenue growth TTM % Below industry Median Unavailable in chosen country	7.8
Net Profit Qtr Growth YoY % Below industry Median Unavailable in chosen country	34.3
Net Profit TTM Growth % Below industry Median Unavailable in chosen country	13.1
Piotroski Score Below industry Median Unavailable in chosen country	5
Rel Perf vs Sector quarter% Unavailable in chosen country	-12
ROE Annual % High in industry Unavailable in chosen country	15.5
RoA Annual % Below industry Median Unavailable in chosen country	1.3

All financials are in USD Million and price data in USD

Medium Financial Strength

44.4 / 100

Mid Valuation

47.2 / 100

Technically Neutral

39.4 / 100

Mid-range Performer These stocks average quality, financial and technical aspects make them being considered by the investor who are not looking for high risk stocks. View Similar Embed DVM

1Yr Price target upside is 12%

5 analysts

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Neutral Zone

42.0 % into P/E buy sell zone

Strong upside potential

% time spent below current P/E

Gains already realized

Independent Bank Corporati... Stock Price Analysis

Day Price Range -0.2% 1 Day return Unavailable in chosen country	31 (LTP) 30.931.1 LowHigh
Week Price Range 2.9% 1 Week return Unavailable in chosen country	31 (LTP) 29.632.1 LowHigh
Month Price Range -1.7% 1 Month return Unavailable in chosen country	31 (LTP) 26.832.1 LowHigh
52 Week Price Range 24.0% 1 Year return Unavailable in chosen country	31 (LTP) 22.540.3 LowHigh

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Independent Bank Corporati... Live Price Chart

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Forecaster - Analyst Share Price Target and Estimates

Miss

Independent Bank Corporation (Ionia, MI)'s Revenue was lower than average estimate 2 times in past 3 years

EPS forecast

QUARTER
ANNUAL

Current EPS

3.2

Avg. Estimate

3.2

Low Estimate

3.1

High Estimate

3.3

Current EPS

Avg. Estimate

Hit

EPS is expected to grow by 0.6% in FY25

Consensus Recommendation

5 ANALYST Recommendations

HOLD

The consensus recommendation from 5 analysts for Independent Bank Corporation (Ionia, MI) is HOLD

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Independent Bank Corporati... Stock Analysis

Independent Bank Corporati... stock analysis with key metrics, changes, and trends.

Independent Bank Corporati... Metric	VALUE	CHANGE %	TREND	ANALYSIS
Annual Revenue	$215.8 M	7.64%	positive	Annual Revenue rose 7.64%, in the last year to $215.8 M. Its sector's average revenue growth for the last fiscal year was 6.48%.
Annual Net Profit	$66.79 M	13.07%	positive	Annual Net Profit rose 13.07% in the last year to $66.79 M. Its sector's average net profit growth for the last fiscal year was 16.77%.
Price to Earning Ratio	9.73	-	positive	Price to Earning Ratio is 9.73, lower than its sector PE ratio of 13.81.
Stock Price	$30.99	24.01%	positive	Stock Price rose 24.01% and outperformed its sector by 1.8% in the past year.
Quarterly Revenue	$60.4 M	26.84%	positive	Quarterly Revenue rose 26.84% YoY to $60.4 M. Its sector's average revenue growth YoY for the quarter was 6.31%.
Quarterly Net profit	$18.46 M	34.33%	positive	Quarterly Net profit rose 34.33% YoY to $18.46 M. Its sector's average net profit growth YoY for the quarter was 46.63%.
Debt to Equity Ratio	0.27	-	positive	Debt to Equity Ratio of 0.27 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
Return on Equity(ROE)	15.55 %	15.55%	neutral	Return on Equity(ROE) for the last financial year was 15.55%, in the normal range of 10% to 20%.
Mutual Fund Holding	67.42 %	-1.08%	negative	Mutual Fund Holding decreased by 1.08% in the last quarter to 67.42.
Promoter Share Holding	1.94 %	0.15%	positive	Promoter Share Holding increased by 0.15% in the most recent quarter to 1.94%.
Institutional Holding	81.30 %	-0.67%	negative	Institutional Holding decreased by 0.67% in the last quarter to 81.3.

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Independent Bank Corporation (Ionia, MI) - Company Profile

What does Independent Bank Corporation (Ionia, MI) do?

Independent Bank Corp (Ionia MI) 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.

Independent Bank Corporation (Ionia, MI) Management structure

All Gross Remunerations are in USD

Mr. Christopher Michaels

Chief Operating Officer and Executive Vice President

2025

67.25 K

2024

Gross Remuneration

Year

Independent Bank Corporation (Ionia, MI) Live Share Price Today, Share Analysis and Chart

37.55% Gain from 52W Low

Independent Bank Corporati... Key Metrics

Market Capitalization

PE TTM

PEG TTM

RoA Annual %

Price to Book

Institutional holding current Qtr %

Revenue Growth Qtr YoY %

Operating Revenue growth TTM %

Net Profit Qtr Growth YoY %

Net Profit TTM Growth %

Piotroski Score

Rel Perf vs Sector quarter%

ROE Annual %

Market Capitalization

PE TTM

PEG TTM

Price to Book

Institutional holding current Qtr %

Revenue Growth Qtr YoY %

Operating Revenue growth TTM %

Net Profit Qtr Growth YoY %

Net Profit TTM Growth %

Piotroski Score

Rel Perf vs Sector quarter%

ROE Annual %

RoA Annual %

SWOT Analysis

Check Before You Buy

Check P/E Buy Sell Zone

Independent Bank Corporati... Stock Price Analysis

Day Price Range

Week Price Range

Month Price Range

52 Week Price Range

Independent Bank Corporati... Live Price Chart

Forecaster - Analyst Share Price Target and Estimates

Revenue forecast

Independent Bank Corporation (Ionia, MI)'s Revenue was lower than average estimate 2 times in past 3 years

EPS forecast

EPS is expected to grow by 0.6% in FY25

Consensus Recommendation

The consensus recommendation from 5 analysts for Independent Bank Corporation (Ionia, MI) is HOLD

Independent Bank Corporati... Stock Analysis

Independent Bank Corporati... stock analysis with key metrics, changes, and trends.

Annual Revenue rose 7.64%, in the last year to $215.8 M. Its sector's average revenue growth for the last fiscal year was 6.48%.

Annual Net Profit rose 13.07% in the last year to $66.79 M. Its sector's average net profit growth for the last fiscal year was 16.77%.

Price to Earning Ratio is 9.73, lower than its sector PE ratio of 13.81.

Stock Price rose 24.01% and outperformed its sector by 1.8% in the past year.

Quarterly Revenue rose 26.84% YoY to $60.4 M. Its sector's average revenue growth YoY for the quarter was 6.31%.

Quarterly Net profit rose 34.33% YoY to $18.46 M. Its sector's average net profit growth YoY for the quarter was 46.63%.

Debt to Equity Ratio of 0.27 is less than 1 and healthy. This implies that its assets are financed mainly through equity.

Return on Equity(ROE) for the last financial year was 15.55%, in the normal range of 10% to 20%.

Mutual Fund Holding decreased by 1.08% in the last quarter to 67.42.

Promoter Share Holding increased by 0.15% in the most recent quarter to 1.94%.

Institutional Holding decreased by 0.67% in the last quarter to 81.3.

Independent Bank Corporation (Ionia, MI) - Company Profile

What does Independent Bank Corporation (Ionia, MI) do?

Independent Bank Corporation (Ionia, MI) Management structure

Mr. Christopher Michaels

Chief Operating Officer and Executive Vice President

Independent Bank Corporation (Ionia, MI) Board of directors

Mr. Stephen L. Gulis, Jr

Chairman of the board

Mr. Michael M. Magee,Jr

Independent Director

Mr. Michael J Cok

Independent Director

Mr. William J. Boer

Lead Independent Director

Ms. Joan A. Budden

Independent Director

Ms. Christina L. Keller

Independent Director

Independent Bank Corporation (Ionia, MI) FAQ

How is Independent Bank Corporation (Ionia, MI) today?

Independent Bank Corporation (Ionia, MI) today is trading in the red, and is down by -0.16% at 30.99.

How has Independent Bank Corporation (Ionia, MI) performed historically?