
IBCP — Independent Bank Corporation
NASDAQ · Financial Services · Banks - Regional
$36.29
+$0.18 (+0.50%)
Independent Bank Corporation (IBCP) is a banks - regional company listed on NASDAQ. It is led by William Bradford Kessel CPA, based in 4200 East Beltline, Grand Rapids, MI, United States, 49525, with about 735 employees. Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Latest reported IBCP revenue for 2025-09-30 was $8.9M. Net income was $17.5M. Revenue was up 13.2% from 2025-06-30 to 2025-09-30. IBCP currently screens at market cap $707.2M and trailing P/E 10.3.
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About Independent Bank Corporation
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
IBCP Key Statistics
Market Cap
$707.20M
Volume
170,073
Previous Close
$37.13
Day Range
$36.90 – $37.41
P/E Ratio
10.28
EPS
$3.16
Revenue
$31.98M
Net Income
$66.79M
Gross Profit
$0.00
Free Cash Flow
$0.00
Dividend Yield
3.10%
Revenue Growth
-2.8%
Profit Margin
208.9%
Employees
735
IBCP Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $31.98M | $32.90M | $31.64M | $29.10M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $66.79M | $59.07M | $63.35M | $62.90M |
| EPS (Diluted) | $3.16 | $2.79 | $2.97 | $2.88 |
Total Assets
$5.34B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$119.88M
Operating Cash Flow
$63.15M
Free Cash Flow
$0.00
Independent Bank Corporation Company Information
- President, CEO & Director
- William Bradford Kessel CPA
- Headquarters
- 4200 East Beltline, Grand Rapids, MI, United States, 49525
- Website
- www.independentbank.com
- Phone
- 616 363 1207
- IPO / Founded
- 2001-01-02
- Sector
- Financial Services
- Industry
- Banks - Regional