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Business Description
Independent Bank Corp (Ionia MI)
NAICS : 522110
SIC : 6022
ISIN : US4538386099
Share Class Description:
IBCP: Ordinary SharesCompare
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Traded in other countries / regions
IBCP.USA Index Membership
Russell 2000Russell 3000 IPO Date
1985-09-04Description
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.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.96 | |||||
| Equity-to-Asset | 0.09 | |||||
| Debt-to-Equity | 0.27 | |||||
| Debt-to-EBITDA | N/A |
N/A
|
N/A
| |||
| Interest Coverage | N/A |
N/A
|
N/A
| |||
| Piotroski F-Score | 7/9 | |||||
| Beneish M-Score | -2.39 | |||||
| WACC vs ROIC | ||||||
Growth Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 3.9 | |||||
| 3-Year EPS without NRI Growth Rate | 3.1 | |||||
| 3-Year FCF Growth Rate | -18.2 | |||||
| 3-Year Book Growth Rate | 5 |
Momentum Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 60.15 | |||||
| 9-Day RSI | 48.74 | |||||
| 14-Day RSI | 43.41 | |||||
| 3-1 Month Momentum % | -4.93 | |||||
| 6-1 Month Momentum % | 2.88 | |||||
| 12-1 Month Momentum % | 37.29 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History |
|---|
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 3.11 | |||||
| Dividend Payout Ratio | 0.3 | |||||
| 3-Year Dividend Growth Rate | 4.6 | |||||
| Forward Dividend Yield % | 3.3 | |||||
| 5-Year Yield-on-Cost % | 4.08 | |||||
| 3-Year Average Share Buyback Ratio | 0.4 | |||||
| Shareholder Yield % | 6.63 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Net Margin % | 30.94 | |||||
| FCF Margin % | 25.57 | |||||
| ROE % | 15.48 | |||||
| ROA % | 1.27 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 10 | |||||
| Forward PE Ratio | 10.17 | |||||
| PE Ratio without NRI | 10.03 | |||||
| Shiller PE Ratio | 13.17 | |||||
| Price-to-Owner-Earnings | 14.31 | |||||
| PEG Ratio | 1.89 | |||||
| PS Ratio | 3.08 | |||||
| PB Ratio | 1.45 | |||||
| Price-to-Tangible-Book | 1.75 | |||||
| Price-to-Free-Cash-Flow | 12.09 | |||||
| Price-to-Operating-Cash-Flow | 10.56 | |||||
| EV-to-Revenue | 3.09 | |||||
| EV-to-Forward-Revenue | 2.68 | |||||
| EV-to-FCF | 12.17 | |||||
| Price-to-GF-Value | 1.3 | |||||
| Price-to-Projected-FCF | 0.59 | |||||
| Price-to-DCF (Earnings Based) | 0.38 | |||||
| Price-to-DCF (FCF Based) | 0.39 | |||||
| Price-to-Median-PS-Value | 1 | |||||
| Price-to-Graham-Number | 0.88 | |||||
| FCF Yield % | 8.33 | |||||
| Forward Rate of Return (Yacktman) % | 16.03 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Performance
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Log
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Annualized Return % Â
Total Annual Return % Â
Independent Bank Corp (Ionia MI) Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 215.896 | ||
| EPS (TTM) ($) | 3.16 | ||
| Beta | 0.9 | ||
| 3-Year Sharpe Ratio | 0.39 | ||
| 3-Year Sortino Ratio | 0.75 | ||
| Volatility % | 34.79 | ||
| 14-Day RSI | 43.41 | ||
| 14-Day ATR ($) | 0.960311 | ||
| 20-Day SMA ($) | 31.6725 | ||
| 12-1 Month Momentum % | 37.29 | ||
| 52-Week Range ($) | 22.53 - 40.32 | ||
| Shares Outstanding (Mil) | 20.97 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 7 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Independent Bank Corp (Ionia MI) Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Independent Bank Corp (Ionia MI) Stock Events
| Event | Date | Price ($) | ||
|---|---|---|---|---|
| No Event Data | ||||
Independent Bank Corp (Ionia MI) Frequently Asked Questions
What is Independent Bank Corp (Ionia MI)(IBCP)'s stock price today?
The current price of IBCP is $31.61. The 52 week high of IBCP is $40.32 and 52 week low is $22.53.
When is next earnings date of Independent Bank Corp (Ionia MI)(IBCP)?
The next earnings date of Independent Bank Corp (Ionia MI)(IBCP) is 2025-04-25 Est..
Does Independent Bank Corp (Ionia MI)(IBCP) pay dividends? If so, how much?
The Dividend Yield %  of Independent Bank Corp (Ionia MI)(IBCP) is 3.11% (As of Today), Highest Dividend Payout Ratio of Independent Bank Corp (Ionia MI)(IBCP) was 0.45. The lowest was 0.29. And the median was 0.32. The  Forward Dividend Yield % of Independent Bank Corp (Ionia MI)(IBCP) is 3.3%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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