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Independent Bank Corporation
IBCP
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US Flag

NASDAQ

676M

Banks - Regional

Next Earning date - 24 Oct 2024

676M

Banks - Regional

Next Earning date - 24 Oct 2024

32.36USD
Shape1.00 ( 3.19%)
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Relative Strenght

87
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Volume Buzz

-24%
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Earning Acce

Yes
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Dist 52w H.

10%

Quote Panel

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Updated October 5, 2024
1W -2.97 % 1M 0.12 % 3M 25.62 % 1Y 86.08 %

Key Metrics

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  • Market Cap

    676.21M


  • Shares Outstanding

    20.90M


  • Share in Float

    19.96M


  • Dividende

    0.96


  • Earning Date

    24 Oct 2024


  • Price Target

    32.36


  • Average Volume

    120028


  • Beta

    0.979


  • Range

    16.9-35.97


  • Industry

    Banks - Regional


  • Website

    https://www.independentbank.com


  • Sector

    Financial Services


Fundamentals

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10.37x

P/E Ratio

2.27x

P/S Ratio

1.52x

P/B Ratio

0.3

Debt/Equity

22.8%

Net Margin

$3.1

EPS

How IBCP compares to sector?

P/E Ratio

Relative Strength

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IBCP

Sector

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Top 5 RS in Group

Symbol

Company

RS

5-Day Perf.

Forecast

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$175M

Shape123%

2025-Revenue

$3.00

Shape237%

2025-EPS

$63M

Shape9110%

2025-EBITDA

Analyst rating

No Data Available

Last analyst upgrade/downgrade

Zacks Investment Research

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Previous: Not converted

2022-04-26

Now: Buy

Earnings GrowthShape

status-upYoY

Current

Estimates

Q3.22

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+11%

0.81
vs 0.73

Q4.22

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+22%

0.71
vs 0.58

Q1.23

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-27%

0.61
vs 0.84

Q2.23

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+15%

0.7
vs 0.61

Q3.23

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+2%

0.83
vs 0.81

Q4.23

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-8%

0.65
vs 0.71

Q1.24

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+25%

0.76
vs 0.61

Q2.24

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+26%

0.88
vs 0.7

Q3.24

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-9%

0.76
vs 0.83

Q4.24

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+16%

0.75
vs 0.65

Sales GrowthShape

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Current

Estimates

Q3.22

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-100%

18K  vs 51.5M

Q4.22

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+5%

50.3M  vs 48.2M

Q1.23

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-6%

47.4M  vs 50.4M

Q2.23

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+7%

52.1M  vs 48.8M

Q3.23

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+296561%

53.4M  vs 18K

Q4.23

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+57%

79.1M  vs 50.3M

Q1.24

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+64%

77.4M  vs 47.4M

Q2.24

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+51%

78.9M  vs 52.1M

Q3.24

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+3%

54.9M  vs 53.4M

Q4.24

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-30%

55.1M  vs 79.1M

Return on EquityShape

status-upQoQ

Q3.22

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+5%

0.05
vs 0.04

Q4.22

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+4%

0.04
vs 0.05

Q1.23

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+4%

0.04
vs 0.04

Q2.23

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+4%

0.04
vs 0.04

Q3.23

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+5%

0.05
vs 0.04

Q4.23

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+3%

0.03
vs 0.05

Q1.24

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+4%

0.04
vs 0.03

Q2.24

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+4%

0.04
vs 0.04

Institutionnal OwnershipShape

status-upQoQ

Q3.22

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118

118
vs 121

-2%

Q4.22

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129

129
vs 118

9%

Q1.23

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126

126
vs 129

-2%

Q2.23

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120

120
vs 126

-5%

Q3.23

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113

113
vs 120

-6%

Q4.23

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132

132
vs 113

17%

Q1.24

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130

130
vs 132

-2%

Q2.24

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138

138
vs 130

6%

Earnings Growth

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