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Independent Bank Corporation
IBCP | US
33.30
USD-0.33
-0.98%
IBCP | US
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About Independent Bank Corporation
Sector
Financial Services
Industry
Banks - Regional - US
Earnings date
30/06/2024
As of date
23/04/2026
Close
33.30
Open
33.80
High
34.84
Low
33.17
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts commercial lending direct and indirect consumer financing mortgage lending and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids Michigan.
View LessIBCP | US
Risk
18.6
Sharpe
0.26
Luna's Score
61/100
Recommendation
Hold
Luna says (IBCP | US)
What's Working
Low 6-Month Volatility (<30%)
Good Dividend Yield (2% <= Dividend Yield <= 8%)
Low Debt to Asset (< 0.2)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
Strong Revenue Growth (> 10%)
What's not Working
Price Below SMA10D
Smallcap (300M - 2B USD)
High Market Beta (> 0.8)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
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10 days
21.8%1 month
18.6%3 months
22.3%6 months
24.2%Returns
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Fundamental Ratios
PE
10.94
Fwd. PE
11.64
Price to book
1.66
Debt to equity
0.32
Debt to assets
0.03
Ent. to EBITDA
-
Ent. to rev.
4.07
PEG
2.33
Other Fundamentals
EBITDA
-
MarketCap
695.85M
MarketCap(USD)
695.85M
Div. yield
2.75
Op. margin
42.23
Erngs. growth
25.70
Rev. growth
12.00
Ret. on equity
16.34
Short ratio
2.09
Short perc.
1.48
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bearish (SMA1M < SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
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Range10D
2.23
Range1M
3.27
Range3M
5.64
Volumes: Market Activity
Volume Averages
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Rel. volume
0.72
Price X volume
4.17M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | - | -25.13 | - |
| Ent. to Revenue | 4.07 | 73.69 | Cheaper |
| PE Ratio | 10.94 | 18.44 | Cheaper |
| Price to Book | 1.66 | 3,795.44 | Cheaper |
| Dividend Yield | 2.75 | 3.11 | Par |
| Std. Deviation (3M) | 22.34 | 32.77 | Lower Risk |
| Debt to Equity | 0.32 | 0.66 | Cheaper |
| Debt to Assets | 0.03 | 0.08 | Cheaper |
| Market Cap | 695.85M | 2.81B | Emerging |
