Independent Bank Corporation
General ticker "IBCP" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $679.7M (TTM average)
Independent Bank Corporation follows the US Stock Market performance with the rate: 45.8%.
Estimated limits based on current volatility of 0.7%: low 36.19$, high 36.69$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-08-04, amount 0.28$ (Y3.05%)
- Total employees count: 826 (+12.8%) as of 2025
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Economic downturns and volatility, Liquidity and credit risks, Cybersecurity threats, Commercial real estate exposure, Third-party risks
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [26.55$, 35.97$]
- 2026-12-31 to 2027-12-31 estimated range: [25.73$, 35.34$]
Financial Metrics affecting the IBCP estimates:
- Positive: with PPE of 10.1 at the end of fiscal year the price was neutral
- Positive: Operating profit margin, % of 36.02 > 18.77
- Positive: 6.77 < Operating cash flow per share per price, % of 11.16
- Positive: -3.10 < Return on assets ratio (scaled to [-100,100]) of 1.23
- Negative: Interest expense per share per price, % of 13.06 > 3.34
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Industry operating profit margin (median), % of 24.03 > 9.99
Short-term IBCP quotes
Long-term IBCP plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $207.00MM | $222.61MM | $225.66MM |
| Operating Expenses | $133.33MM | $139.56MM | $144.37MM |
| Operating Income | $73.68MM | $83.05MM | $81.29MM |
| Interest Expense | $83.35MM | $100.53MM | $89.72MM |
| Income(Loss) | $73.68MM | $83.05MM | $81.29MM |
| Taxes | $14.61MM | $16.26MM | $12.75MM |
| Net Income(Loss)* | $59.07MM | $66.79MM | $68.54MM |
| Stockholders Equity | $404.45MM | $454.69MM | $502.95MM |
| Assets | $5,263.73MM | $5,338.10MM | $5,505.72MM |
| Operating Cash Flow | $75.59MM | $63.15MM | $76.66MM |
| Capital expenditure | $6.02MM | $7.95MM | $6.49MM |
| Investing Cash Flow | $-162.94MM | $-118.16MM | $-122.50MM |
| Financing Cash Flow | $182.77MM | $5.11MM | $64.34MM |
| Earnings Per Share** | $2.82 | $3.20 | $3.32 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.