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Current and historical daily P/E ratio for IBCP (Independent Bank Corp (Ionia MI)) from 1990 to May 06 2021. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Independent Bank (Ionia MI) stock (IBCP) PE ratio as of May 06 2021 is 7.01. More Details
Independent Bank (Ionia MI) PE Ratio (TTM) Historical Data
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Independent Bank (Ionia MI) PE Ratio (TTM) Comparison
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4200 East Beltline, Grand Rapids, MI, USA, 49525
Independent Bank Corp (Ionia MI) operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers.