Independent Bank Corporation (Ionia, MI)

Independent Bank Corporation (Ionia, MI)

IBCP

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Market Cap$783.65M
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Independent Bank Corporation (Ionia, MI)Independent Bank Corporation (Ionia, MI)10.92.89%14%5.50.3
$39.50

Target Price by Analysts

2.7% upsideIndependent Bank (Ionia, MI) Target Price DetailsTarget Price
$35.57

Current Fair Value

7.5% downside

Overvalued by 7.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$783.65 Million
Enterprise Value$886.47 Million
Dividend Yield$1.10 (2.89%)
Earnings per Share$3.3
Beta0.7
Outstanding Shares20,603,937

Return

Return on Equity13.58%ROE
Return on Assets1.27%
Return on Invested Capital6.38%

Valuation & Multiples

P/E Ratio10.93P/E Ratio
PEG95.66PEG
Price to Sales5.49Price to Sales
Price to Book Ratio1.54Price to Book Ratio
Enterprise Value to Revenue5.51
Enterprise Value to EBIT20.61
Enterprise Value to Net Income12
Total Debt to Enterprise0.19
Debt to Equity0.32Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 23, 2026
EPS Estimate
$0.84
Average shareholder expectation
Revenue Estimate
$60.08 M
Average shareholder expectation

Next Earnings Call

Expected Date
October 27, 2026
EPS Estimate
$0.93
Average shareholder expectation
Revenue Estimate
$68.91 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.00000%
Total Calls- 100.00%
Total Puts-

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %27.30% 58.61%
Total Invested$202.56M 65.57%
Investors Holding58 114.00%

ESG Score

No data

About Independent Bank Corporation (Ionia, MI)