IBCP - Independent Bank Corp

NYSE * Financials * Banks

$34.51

$-0.23 (-0.66%)

About Independent Bank Corp

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

$715.15M

P/E Ratio

10.62

P/B Ratio

1.42

EPS

$3.27

Dividend Yield

0.03%

Revenue Growth

-0.1%

Profit Margin

0.3%

Employees

735

How IBCP Compares to Peers

IBCP has the lowest P/E ratio in Banks, suggesting it may be the most undervalued
IBCP ranks 2nd in profitability among competitors
IBCP is the smallest among peers, which may offer higher growth potential

P/E Rank

#1

of 6

Margin Rank

#2

of 6

Growth Rank

#6

of 6

Size Rank

#6

of 6

CompanyP/EGrowthCompare
IBCP10.6-0%-
JPM14.70%vs JPM
BAC14.00%vs BAC
WFC12.60%vs WFC
C16.00%vs C
GS16.60%vs GS

Independent Bank Corp Company Information

Headquarters
Michigan; U.S.A
Website
www.independentbank.com
Sector
Financials
Industry
Banks
Data Updated:
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IBCP Lician Score

10% confidence
6.0/10
Good

IBCP has a Lician Score of 6/10 (Good). Strengths: Growth.

value

5.0

growth

8.0

quality

5.0

momentum

5.0

safety

5.0

The Lician Score is a comprehensive 1-10 rating that evaluates IBCPacross five key dimensions: Value (valuation relative to sector),Growth (revenue and earnings trajectory),Quality (profitability and balance sheet strength),Momentum (price trends and analyst sentiment), andSafety (volatility and risk metrics).

IBCP Financial Snowflake

5-axis analysis across key investment dimensions

5.6/10

Neutral

35810Value5.0Growth8.0Quality5.0Momentum5.0Safety5.05.6/10
5.0

Value

8.0

Growth

5.0

Quality

5.0

Momentum

5.0

Safety

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