How to Buy Independent Bank Stock

Independent Bank Corp

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses.

Independent Bank stock last closed at $18.34, up 1.1% from the previous day, and has decreased 5.22% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.06 percentage points. Independent Bank stock is currently +23.09% from its 52-week low of $14.90, and -26.55% from its 52-week high of $24.97.

As of Sep 29, 2023, there are 20.94M IBCP shares outstanding. The market cap of IBCP is $384.12M. In the past 24 hours, 41,718 IBCP shares were traded.

How to Buy Independent Bank Stock

Not sure how to invest in Independent Bank stock? Here's how.
  1. Choose where to buy Independent Bank stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Independent Bank stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your method of payment and add your info.
  4. Evaluate Independent Bank stock: The Independent Bank ticker symbol is IBCP. Is Independent Bank stock a good investment? Should you buy shares of IBCP? How do IBCP's underlying business fundamentals look? Do top analysts think Independent Bank is a good buy? Why has IBCP's stock price moved recently? (Hint: Our stock market research tools can help you figure out if IBCP is a good stock to buy).
  5. Execute your IBCP purchase: Decide if you will purchase IBCP shares at the current market price or use a limit order to buy IBCP shares at a particular price.
  6. Get the latest news on your IBCP position: Create a watchlist to key updates about your position in Independent Bank stock.

Step 1: Choose where to buy Independent Bank stock

You will need a brokerage account to access the NASDAQ market and buy IBCP stock.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the best brokerage, you need to fill out some personal details so you can invest in IBCP today.

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  2. Enter your personal info to open a new brokerage account.
  1. Send your information by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've filled out your info on stock market apps, your next step is to transfer the money for your investment:

Check out the tutorial below if you need help transferring money into your investment account.

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Step 4: Evaluate Independent Bank stock

Once you have figured out the best place to buy Independent Bank stock, it's very important to evaluate their stock prior to investing, so you can wrap your head around the risk and opportunity.

Independent Bank quick stats

IBCP Price
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Fore. Rev. Growth
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Market Cap
Next Earnings
Oct 24, 2023
Next Dividend

IBCP Zen Score

WallStreetZen was built to help part-time investors do more accurate fundamental analysis.

You can see all of the due diligence checks on IBCP's stock page.

What is the fair value of IBCP stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge IBCP's intrinsic value.

Using relative valuations metrics:

  • IBCP could be overvalued based on its P/E ratio of 6.44x, relative to Banks - Regional industry P/E ratio of 0.64x
  • IBCP could be overvalued based on its P/B ratio of 1.02x, relative to Banks - Regional industry P/B ratio of 0.88x
  • IBCP may be undervalued based on its PEG ratio of 0.47x

You can access more valuation research on IBCP's stock here.

A quick look at IBCP Financials


  • IBCP profit margin has gone up from 28.9% to 29.8% in the past year.
  • IBCP's operating cash flow of $66.86M allows it to safely service it's debt of $169.18M.
  • IBCP earnings of $73.91M is not sufficient to cover its interest payments.


  • Total IBCP debt is higher than 5 years ago, relative to shareholder equity.
  • IBCP has a relatively high debt to equity ratio of 12.69.

Do Wall Street analysts think it's a good time to buy Independent Bank stock

Out of 1 sell side analysts who give forecasts on IBCP, the consensus analyst rating on IBCP is a Hold

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Latest IBCP Analyst Ratings

Christopher Mcgratty, a top 26% analyst from Keefe, Bruyette & Woods maintains IBCP with a hold rating and raises their IBCP price target from $20.00 to $21.00, on Jul 26, 2023.

You can dig deeper into what analysts are forecasting on the Independent Bank stock forecast page.

Metrics for Advanced IBCP Traders

MACD Signal
MACD Histogram
Stochastic %K
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StochRSI %K
StochRSI %D

IBCP Performance Numbers

Last year, IBCP earnings were $60.16M. Over the last 5 year, IBCP's earnings have grown by 18.89% per year. This was slower than the Banks - Regional industry average of 22.07%.

Last year, IBCP revenue was $201.58M. In the last five year, IBCP's revenue has grown by 7.11% per year. This was faster than the Banks - Regional industry average of 6.15%.

You can analyze IBCP's earnings and revenue performance here.

Are IBCP executives and large shareholders buying or selling the stock?

In the past year, insiders at IBCP have sold more shares than they have bought.

Stefanie M. Kimball, Executive Vice President of IBCP, was the latest IBCP insider to sell. They sold $369.18 worth of IBCP stock on Jul 31, 2023.

Research more about who owns IBCP shares here.

Does IBCP provide a stable income stream?

Independent Bank pays a dividend of 4.96%, compared to the Banks - Regional industry's average dividend yield of 4.22%. If you owned $1,000 of IBCP stock, you would have received $49.62 in the past year.

Independent Bank dividend payments have consistently grown over the past decade and have remained stable.

Dig into more info about Independent Bank dividend yield and history here.

Get opinions from other investors

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Step 5: Execute your IBCP purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, use a limit order.

Hit the Open button and your broker will place the order.

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Step 6: Get the latest news on your IBCP position

Now that you own some IBCP shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to get the latest updates about your IBCP stock.


How to Buy Stock in Independent Bank

To reiterate, here are the 6 steps you need to take to buy Independent Bank stock right now:

  1. Choose where to buy Independent Bank stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Independent Bank stock
  5. Execute your IBCP purchase
  6. Get the latest news on your IBCP position

If you require a brokerage account, eToro is our recommended venue.

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If you want to monitor your new investment in Independent Bank, click the button below.

$18.34+0.20 (+1.1%)
Updated Sep 29, 2023
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$18.34+0.20 (+1.1%)
Updated Sep 29, 2023
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How much does it cost to buy one Independent Bank share?

As of Sep 29, 2023, it costs $18.34 to buy one share of Independent Bank stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.491 shares of IBCP.

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Is now a good time to buy Independent Bank stock?

According to 1 Wall Street analysts who monitor Independent Bank, their consensus recommendation is to hold Independent Bank stock.

What is the best way to buy Independent Bank stock?

One way to place an order for Independent Bank stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.