NASDAQ: IBCPIndependent Bank Corp Stock
$35.31+0.10 (+0.28%)
Updated Jun 10, 2026
IBCP Price
$35.31
Fair Value Price
$34.50
Market Cap
$727.60M
52 Week Low
$29.63
52 Week High
$39.17
P/E
10.45x
P/B
1.43x
P/S
3.05x
PEG
2.85x
Dividend Yield
3.06%
Revenue
$224.68M
Earnings
$69.83M
Gross Margin
100%
Operating Margin
36.67%
Profit Margin
31.1%
Debt to Equity
9.89
Operating Cash Flow
$36M
Beta
0.8
Next Earnings
Jul 23, 2026
Ex-Dividend
N/A
Next Dividend
N/A
IBCP Overview
As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.
Zen Rating
Our proven quant model uses 115 proprietary factors, including AI, to determine IBCP's potential to beat the market
CHold
- Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More
Zen Rating Component Grades
B
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.
Industry: Bank
Industry Rating
D
IBCP
Ranked#98 of 283
Ranked#98 of 283
Top Ranked Stocks in Industry
| Name / Ticker | Price | Zen Rating |
|---|---|---|
| $53.51 | B | |
| $29.58 | B | |
| $87.65 | B |
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IBCP News
Overview
Due Diligence Score
–
Industry Average (38)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how IBCP scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
IBCP ($35.31) is overvalued by 2.34% relative to our estimate of its Fair Value price of $34.50 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
IBCP ($35.31) is not significantly undervalued (2.34%) relative to our estimate of its Fair Value price of $34.50 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
IBCP ($35.31) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more IBCP due diligence checks available for Premium users.
Valuation
IBCP fair value
Fair Value of IBCP stock based on Discounted Cash Flow (DCF)
Price
$35.31
Fair Value
$34.50
Overvalued by
2.34%
IBCP ($35.31) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
IBCP ($35.31) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
IBCP ($35.31) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
IBCP price to earnings (PE)
For valuing profitable companies with steady earnings
Company
10.45x
Industry
13.48x
Market
14.77x
IBCP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
IBCP is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
IBCP price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
1.43x
Industry
1.23x
IBCP is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation
IBCP price to earnings growth (PEG)
For valuing profitable companies with growth potential
IBCP is poor value relative... subscribe to Premium to read more.
PEG Value Valuation
IBCP's financial health
Profit margin
Revenue
$58.5M
Net Income
$16.9M
Profit Margin
28.8%
IBCP's Earnings (EBIT) of $82.40M... subscribe to Premium to read more.
Interest Coverage Financials
IBCP's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$5.6B
Liabilities
$5.0B
Debt to equity
9.89
IBCP's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IBCP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
-$9.2M
Investing
-$16.7M
Financing
$62.4M
IBCP's operating cash flow ($35.81M)... subscribe to Premium to read more.
Debt Coverage Financials
IBCP vs Bank Stocks
Independent Bank Stock FAQ
Company
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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.