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INDEPENDENT BANK CORP - MICH

IBCPNASDAQ
πŸ† #2505 by market capUS Equity
$36.90β–Ό $0.27 (βˆ’0.73%)
Market closed Β· at close
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24hβ–Ό 0.7%
7dβ–Ό 0.2%
14dβ–² 4.5%
30dβ–² 4.4%
ytdβ–² 13.5%
1yβ–² 21.1%
🏦Market Cap
$819M
Small Cap
πŸ“ˆRevenue Growth (YoY)
46.1%
High Growth
πŸ“ŠGross Margin
β€”
πŸ’΅FCF Margin
10.6%
Healthy
βš–οΈP/S Ratio
2.1x
Cheap
Otter Score
β€”
Insufficient data

Trading Snapshot

Day Range
$36.56 – $37.14
52-Week Range
$29.83 – $39.24
Volume (shares)
8,462
Avg Volume (shares)
β€”
Shares Outstanding
22.2M
Next Earnings
β€”

Fundamentals Snapshot

Annual Revenue
β€”
Last Q Revenue
β€”
P/E Ratio
11.2
P/S Ratio
2.1x
EPS (TTM)
$3.44
Dividend Yield
2.78%
Dilution (1yr)
βˆ’1.3%
IBCP logo

INDEPENDENT BANK CORP - MICH

IBCP
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$315Mβ–Ό βˆ’0.3% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
69.6%β–² +4.0% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$81Mβ–Ό βˆ’2.1% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$70Mβ–² +27.1% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
20.8Mβ–Ό βˆ’1.3% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$22Mβ–² +$26M YoY
StockOtter Β· stockotter.space

About INDEPENDENT BANK CORP - MICH

As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)

Insufficient data for all five components.

πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Insufficient data
β€”/100
Analyst data unavailable.

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