Independent Bank Corp (Michigan)

General ticker "IBCP" information:

  • Sector: Financials
  • Industry: Banks
  • Capitalization: $654.3M (TTM average)

Independent Bank Corp (Michigan) follows the US Stock Market performance with the rate: 65.7%.

Estimated limits based on current volatility of 3.1%: low 28.06$, high 29.99$

Factors to consider:

  • Earnings expected soon, date: 2025-04-24 bmo
  • Company pays dividends (quarterly): last record date 2025-02-04, amount 0.26$ (Y3.59%)
  • Company does not operate outside North America (retrieved using AI)
  • Price in estimated range

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

  • 2024-12-31 to 2025-12-31 estimated range: [27.18$, 36.44$]
  • 2025-12-31 to 2026-12-31 estimated range: [24.39$, 33.82$]

Financial Metrics affecting the IBCP estimates:

  • Positive: Non-GAAP EPS, $ of 3.16 > 2.19
  • Negative: Shareholder equity ratio, % of 8.52 <= 22.52
  • Negative: negative Operating income
  • Negative: Interest expense per share, $ of 4.81 > 0.67
  • Negative: Operating cash flow per share per price, % of 8.14 <= 12.73
  • Positive: -1.21 < Return on assets ratio (scaled to [-100,100]) of 1.24
  • Positive: Industry inventory ratio change (median), % of 0 <= 0

Similar symbols

Short-term IBCP quotes

2025-03-042025-03-052025-03-062025-03-072025-03-102025-03-112025-03-122025-03-132025-03-142025-03-172025-03-182025-03-192025-03-202025-03-212025-03-242025-03-252025-03-262025-03-272025-03-282025-03-312025-04-012025-04-022025-04-032025-04-042025-04-072025-04-082025-04-092025-04-102025-04-112025-04-142728293031323334
Price $

Long-term IBCP plot with estimates

152025303540Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Jan 2026Jul 2026Jan 202700.20.40.60.8
IBCPS&P500FinancialsNon-GAAP EPS EstimateNon-GAAP EPS ActualPrice $Non-GAAP EPS $

Financial data

YTD 2022-12-31 2023-12-31 2024-12-31
Operating Revenue $204.57MM $200.50MM $215.80MM
Operating Expenses $107.34MM $108.97MM $409.38MM
Operating Income $97.23MM $91.53MM $-193.58MM
Non-Operating Income $-19.45MM $-17.85MM $276.62MM
Interest Expense $19.45MM $83.35MM $100.53MM
Income(Loss) $77.79MM $73.68MM $83.05MM
Taxes $14.44MM $14.61MM $16.26MM
Profit(Loss)* $63.35MM $59.07MM $66.79MM
Stockholders Equity $347.60MM $404.45MM $454.69MM
Inventory $91.34MM $0.00MM $0.00MM
Assets $4,999.79MM $5,263.73MM $5,338.10MM
Operating Cash Flow $94.63MM $75.59MM $63.15MM
Capital expenditure $5.68MM $6.02MM $7.95MM
Investing Cash Flow $-424.59MM $-162.94MM $-118.16MM
Financing Cash Flow $294.86MM $182.77MM $5.11MM
Earnings Per Share** $3.00 $2.82 $3.20

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.