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IBCP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
33.380
Open
33.380
VWAP
33.09
Vol
122.76K
Mkt Cap
696.51M
Low
32.835
Amount
4.06M
EV/EBITDA(TTM)
6.65
Total Shares
20.59M
EV
622.75M
EV/OCF(TTM)
4.23
P/S(TTM)
3.77
Independent Bank Corp. is a bank holding company, the principal subsidiary of which is Rockland Trust Company (the Bank). 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 and Rhode Island. It 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, construction loans, commercial and industrial loans, and small business loans.
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Events Timeline

(ET)
2026-01-22
08:10:00
Company Reports Strong Q4 Performance with 32% Dividend Payout Ratio
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2026-01-16 (ET)
2026-01-16
08:30:00
Independent Bank Corporation Declares $0.28 Cash Dividend Per Share
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2026-01-02 (ET)
2026-01-02
08:10:00
Independent Bank Appoints Mike Stodolak as EVP, Retail Banking
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2025-10-28 (ET)
2025-10-28
08:03:12
Independent Bank Announces Q3 EPS of 84 Cents, Matching Expectations
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2025-07-24 (ET)
2025-07-24
08:06:40
Independent Bank reports Q2 EPS 81c, consensus 79c
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2025-04-24 (ET)
2025-04-24
08:06:00
Independent Bank reports Q1 EPS 74c, consensus 70c
select

News

NASDAQ.COM
2.0
01-23NASDAQ.COM
Independent Bank (IBCP) Earnings Transcript
NASDAQ.COM
2.0
01-23NASDAQ.COM
Independent Bank (IBCP) Earnings Call Transcript
Yahoo Finance
9.5
01-22Yahoo Finance
Independent Bank Corp Reports Q4 Net Income of $18.6M with Significant Loan Growth
  • Net Income Growth: Independent Bank Corp reported a net income of $18.6 million for Q4 2025, slightly up from $18.5 million in the previous year, indicating the company's ongoing ability to maintain stable profitability.
  • Strong Loan Demand: The company achieved a net loan growth of $78 million, annualized at 7.4%, reflecting robust market demand for loans, which is expected to contribute positively to future revenue growth.
  • Improved Capital Ratio: The tangible common equity ratio increased to 8.65%, demonstrating a stronger capital position that supports future expansion and investment opportunities.
  • Decline in Non-Interest Income: Despite the increase in net income, non-interest income fell to $12 million in Q4 2025 from $19.1 million a year earlier, highlighting challenges in revenue diversification.
seekingalpha
9.5
01-22seekingalpha
Independent Bank Corporation Reports Q4 2025 Net Income of $18.6M with 7.4% Loan Growth
  • Net Income Growth: Independent Bank Corporation reported a net income of $18.6 million for Q4 2025, translating to $0.89 per diluted share, which is an increase from $18.5 million and $0.87 per diluted share in the prior year, indicating stable profitability.
  • Loan and Deposit Growth: The company achieved loan growth of $78 million, annualized at 7.4%, alongside a net deposit increase of $57.5 million, annualized at 4.8%, reflecting a strong expansion in credit markets and an enhanced customer base.
  • Interest Income and Cost Control: Net interest income rose by $3.5 million to $36.2 million, with a tax-equivalent net interest margin of 3.62%, up from 3.45% in Q4 2024, demonstrating effective management of interest income and cost control.
  • Future Outlook: The company anticipates loan growth in the mid-single-digit range for 2026, targeting a growth rate of 4.5% to 5.5%, while expecting net interest income growth of 7% to 8%, reflecting management's confidence in future market opportunities.
NASDAQ.COM
9.5
01-22NASDAQ.COM
Independent Bank Reports Q4 Profit Increase to $18.57 Million
  • Profit Growth: Independent Bank's Q4 earnings reached $18.57 million, translating to $0.89 per share, an increase from last year's $18.46 million and $0.87 per share, indicating a solid enhancement in the company's profitability.
  • Slight Revenue Increase: The bank reported Q4 revenue of $67.42 million, up 0.7% from $66.97 million a year earlier, reflecting its ability to maintain stable revenue growth in a competitive market environment.
  • Stable Financial Performance: Despite modest revenue growth, the increase in earnings and EPS suggests positive progress in cost control and operational efficiency, bolstering investor confidence in the bank's future development.
  • Optimistic Market Outlook: The growth in earnings and revenue positions Independent Bank favorably for future market competition, likely attracting more investor interest in its stock performance.
seekingalpha
9.5
01-22seekingalpha
Independent Bank (IBCP) Q4 EPS Beats by $0.05 with $58.31M Revenue
  • Earnings Beat: Independent Bank's Q4 GAAP EPS of $0.89 exceeds expectations by $0.05, indicating strong profitability and enhanced market confidence in the bank's performance.
  • Revenue Performance: Despite a year-over-year revenue decline of 5.9% to $58.31 million, the figure surpasses estimates by $7.8 million, demonstrating the bank's resilience in a challenging market environment.
  • Loan Growth Momentum: The bank signals a robust commercial loan pipeline with an annualized loan growth rate of 3.2%, reflecting a rebound in customer demand and laying the groundwork for future revenue growth.
  • Stable Credit Outlook: With a stable credit outlook, the bank showcases effective risk management capabilities, which are expected to continue attracting investor interest and bolstering market trust.
Wall Street analysts forecast IBCP stock price to rise
2 Analyst Rating
Wall Street analysts forecast IBCP stock price to rise
0 Buy
2 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
35.00
Averages
35.50
High
36.00
Current: 0.000
sliders
Low
35.00
Averages
35.50
High
36.00
Piper Sandler
Nathan Race
Neutral
maintain
$36 -> $39
AI Analysis
2026-01-26
Reason
Piper Sandler
Nathan Race
Price Target
$36 -> $39
AI Analysis
2026-01-26
maintain
Neutral
Reason
Piper Sandler analyst Nathan Race raised the firm's price target on Independent Bank to $39 from $36 and keeps a Neutral rating on the shares. The firm says that apart from higher operating expenses that resulted in a 6% PPNR shortfall, Independent's results in Q4 remained strong as loan growth continued to be very solid at 7% LQA and asset quality metrics were again benign.
Keefe Bruyette
Market Perform
maintain
$35 -> $37
2026-01-23
Reason
Keefe Bruyette
Price Target
$35 -> $37
2026-01-23
maintain
Market Perform
Reason
Keefe Bruyette raised the firm's price target on Independent Bank to $37 from $35 and keeps a Market Perform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for IBCP
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Valuation Metrics

The current forward P/E ratio for Independent Bank Corp (Michigan) (IBCP.O) is 9.55, compared to its 5-year average forward P/E of 9.04. For a more detailed relative valuation and DCF analysis to assess Independent Bank Corp (Michigan)'s fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.04
Current PE
9.55
Overvalued PE
10.37
Undervalued PE
7.72

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.25
Current PS
3.27
Overvalued PS
3.78
Undervalued PS
2.71

Financials

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Frequently Asked Questions

What is Independent Bank Corp (Michigan) (IBCP) stock price today?

The current price of IBCP is 33.06 USD — it has decreased -2.28

What is Independent Bank Corp (Michigan) (IBCP)'s business?

Independent Bank Corp. is a bank holding company, the principal subsidiary of which is Rockland Trust Company (the Bank). 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 and Rhode Island. It 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, construction loans, commercial and industrial loans, and small business loans.

What is the price predicton of IBCP Stock?

Wall Street analysts forecast IBCP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IBCP is35.50 USD with a low forecast of 35.00 USD and a high forecast of 36.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Independent Bank Corp (Michigan) (IBCP)'s revenue for the last quarter?

Independent Bank Corp (Michigan) revenue for the last quarter amounts to 47.37M USD, decreased -7.72

What is Independent Bank Corp (Michigan) (IBCP)'s earnings per share (EPS) for the last quarter?

Independent Bank Corp (Michigan). EPS for the last quarter amounts to USD, decreased -100.00

How many employees does Independent Bank Corp (Michigan) (IBCP). have?

Independent Bank Corp (Michigan) (IBCP) has 735 emplpoyees as of March 11 2026.

What is Independent Bank Corp (Michigan) (IBCP) market cap?

Today IBCP has the market capitalization of 696.51M USD.