Independent Bank Corporation
Independent Bank Corporation (IBCP) Stock Overview
Explore Independent Bank Corporation’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
671.6M
P/E Ratio
10.29
EPS (TTM)
$3.14
ROE
0.15%
IBCP Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Independent Bank Corporation (IBCP) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $50.26.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 10.29 and a market capitalization of 671.6M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Analyst Recommendations
Price Targets
Company Profile
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
William Bradford Kessel CPA
732
4200 East Beltline, Grand Rapids, MI
1985