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Independent Bank

IBCP · NASDAQ

$36.33+$0.72 (+2.02%)TodayMarket closed ·
Prev close $35.61

About IBCP

Independent Bank Corp. operates as a bank holding company, which engages in the provision of financial services. The company is headquartered in Grand Rapids, Michigan and currently employs 735 full-time employees. The Bank is a state-chartered commercial bank which provides a variety of banking, investment and financial services through its retail branches, commercial banking centers, investment management offices, and mortgage lending centers located throughout Eastern Massachusetts as well as in Worcester County, southern New Hampshire, and Rhode Island. The Bank also offers a full suite of mobile, online, and telephone banking services. The Bank's borrowers primarily consist of small-to-upper middle market sized businesses and consumers. Its loan portfolio includes commercial loans, consumer loans, and other consumer loans, primarily consisting of investment management secured lines of credit, installment loans and overdraft protection lines. The commercial loans consist of commercial real estate loans, commercial construction loans, commercial and industrial loans, and small business loans.

Employees
735
Headquarters
Grand Rapids, Michigan
Listed
Jan 16, 1984
Sector
Financials
Industry
Banks
Website
ir.independentbank.com

IBCP key statistics

Market cap
806.50M
Price-earnings ratio
10.35
Dividend yield
2.77%
Average volume
201.82K
Volume
181.53K
Open price
$35.74
High today
$36.52
Low today
$35.74
52 Week high
$39.24
52 Week low
$29.83

Independent Bank (IBCP) at a glance

As of Oct 20, 2026, Independent Bank (IBCP) shares are priced at $36.33, giving the company a market cap of 806.50M, a price-to-earnings ratio of 10.35 and a dividend yield of 2.77%.

Today the stock has traded between $35.74 and $36.52. The current price is 1.7% above the day's low and 0.5% below its high.

Volume so far is 181.53K shares, in line with the average of 201.82K shares a day.

Over the past year Independent Bank has ranged from $29.83 to $39.24, and now sits 69% of the way up that range.

Independent Bank met or beat analyst EPS estimates in 6 of the last 8 quarters. In Q2 FY26 it reported $0.90 per share against an estimate of $0.8609.

The average analyst price target is $40.19, 10.6% above the current price, from 4 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

50%of 4 analyst ratings say Buy
  • Buy50.0%
  • Hold50.0%
  • Sell0.0%
Price target · 7 analystsAvg $40.19
Low
$36.36
Now
$36.33
High
$44.10

IBCP earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 6 of the last 8 quarters, by 3.9% on average.

  1. Q3 FY24: reported $0.65 per share against an estimate of $0.7707
  2. Q4 FY24: reported $0.87 per share against an estimate of $0.7834
  3. Q1 FY25: reported $0.74 per share against an estimate of $0.714
  4. Q2 FY25: reported $0.81 per share against an estimate of $0.8087
  5. Q3 FY25: reported $0.84 per share against an estimate of $0.8566
  6. Q4 FY25: reported $0.89 per share against an estimate of $0.8597
  7. Q1 FY26: reported $0.81 per share against an estimate of $0.8044
  8. Q2 FY26: reported $0.90 per share against an estimate of $0.8609

IBCP news

  • Press releaseGlobe Newswire

    Independent Bank Corporation Announces Date for Its Third Quarter 2026 Earnings Release

  • Avi Kapoor

    Jim Cramer: ‘Regional Banks Have Been A Fantastic Place To Be’

  • Press releaseGlobe Newswire

    Independent Bank Corporation Announces Date for Its Second Quarter 2026 Earnings Release

  • Independent Bank Reports Q1 2026 Results: Full Earnings Call Transcript

  • Press releasePRNewswire

    SHAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--VYNE, MASI, IBCP, and HCBN

  • Press releaseGlobe Newswire

    Independent Bank Corporation Announces Date for Its First Quarter 2026 Earnings Release

  • Press releasePRNewswire

    $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Independent Bank Corporation (NASDAQ: IBCP)

  • Earnings Outlook For Independent Bank

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.