Independent Bank Corporation (Ionia, MI)

Independent Bank Corporation (Ionia, MI)

IBCP

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Market Cap$707.2M
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Independent Bank Corporation (Ionia, MI)Independent Bank Corporation (Ionia, MI)10.13.15%14%11.4-
$37.00

Target Price by Analysts

8.2% upsideIndependent Bank (Ionia, MI) Target Price DetailsTarget Price
$34.32

Current Fair Value

0.4% upside

Undervalued by 0.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$707.20 Million
Enterprise Value$658.73 Million
Dividend Yield$1.08 (3.15%)
Earnings per Share$3.3
Beta0.7
Outstanding Shares20,574,506

Return

Return on Equity13.68%ROE
Return on Assets1.26%
Return on Invested Capital0.37%

Valuation & Multiples

P/E Ratio10.11P/E Ratio
PEG122.69PEG
Price to Sales11.4Price to Sales
Price to Book Ratio1.43Price to Book Ratio
Enterprise Value to Revenue8.43
Enterprise Value to EBIT32.43
Enterprise Value to Net Income9
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 23, 2026
EPS Estimate
$0.79
Average shareholder expectation
Revenue Estimate
$58.70 M
Average shareholder expectation

Next Earnings Call

Expected Date
July 23, 2026
EPS Estimate
$0.85
Average shareholder expectation
Revenue Estimate
$59.95 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.00000%
Total Calls6,800 Infinity%
Total Puts-

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %85.51% 2.13%
Total Invested$588.37M 4.95%
Investors Holding172 3.00%

ESG Score

No data

About Independent Bank Corporation (Ionia, MI)