IBCP (Independent Bank) Cash per Share: $8.03 (As of Jun. 2026)

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IBCP Independent Bank Corp. IBCP
63 GF Score
Price $38.02
GF Value $33.82
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Independent Bank Cash per Share?

Independent Bank IBCP -1.14% 63 Cash per Share is $8.03 as of Jun. 2026. GuruFocus rates IBCP with a GF Score™ of 63/100 and a GF Value™ of $33.82 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Independent Bank's Cash per Share for the quarter that ended in Jun. 2026 was $8.03.

Independent Bank  (NAS:IBCP) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Independent Bank Cash per Share Related Terms

Independent Bank Cash per Share Historical Data

* Premium members only.

The historical data trend for Independent Bank's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Independent Bank Cash per Share Chart

Independent Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.17 3.53 8.15 5.74 6.73

Independent Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.06 10.09 6.73 8.50 8.03
IBCP
63GF Score
Independent Bank Corp. IBCP
Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Independent Bank Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Independent Bank's Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=138.387/20.5
=6.73

Independent Bank's Cash per Share for the quarter that ended in Jun. 2026 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=165.45/20.6
=8.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash per Share →
What does a Cash per Share of $8.03 mean?
Independent Bank (IBCP) has a Cash per Share of $8.03 as of Jun. 2026. Cash per share is the per-share value of a company's available cash. View historical data for Independent Bank and its competitors.
Is Independent Bank's Cash per Share too high?
Independent Bank's current Cash per Share is $8.03. Overall, Independent Bank has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Bank's Cash per Share compare to HBIA and SHBI?
Independent Bank's Cash per Share of $8.03 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash per Share for a Banks company?
A good Cash per Share depends on the Banks industry context. However, Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash per Share mean?
A high Cash per Share can signal that a stock is expensive relative to its fundamentals. Cash per share is the per-share value of a company's available cash. View historical data for Independent Bank and its competitors. Independent Bank's current Cash per Share is $8.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Bank stock overvalued right now?
Based on GuruFocus' analysis, Independent Bank (IBCP) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.82, compared to a current price of $38.02 — trading 12.4% above its estimated fair value. The current Cash per Share is $8.03. Independent Bank's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash per Share calculated?
Cash per Share is calculated from a company's financial statements. For Independent Bank (IBCP), the current Cash per Share is $8.03 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Independent Bank (IBCP) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Bank stock appears to be overvalued. The current stock price of $38.02 is trading 12.4% above its estimated GF Value™ of $33.82. GuruFocus considers Independent Bank to be Modestly Overvalued.

Key valuation signals for IBCP:

  • Cash per Share: $8.03
  • GF Value™: $33.82 vs. price of $38.02 (12.4% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the IBCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Independent Bank Business Description

Address 4200 East Beltline, Grand Rapids, MI, USA, 49525
Independent Bank Corp. 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. The firm's principal markets are the rural and suburban communities across Lower Michigan. The firm generates the majority of its revenue from Interest and fees on loans.
63GF Score

Get the complete analysis for IBCP

Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.02
Price
$33.82
GF Value