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IBCPIndependent Bank Corporation

NASDAQ · Financial Services · Banks - Regional

$36.76

+$0.65 (+1.80%)

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

0

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.

IBCP annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
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
Phone
616 363 1207
IPO / Founded
2001-01-02
Industry
Banks - Regional
Data Updated:

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