IBCP (Independent Bank) Marketable Securities: $182.8 Mil (As of Mar. 2026)

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IBCP Independent Bank Corp. IBCP
64 GF Score
Price $36.91
GF Value $32.31
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Independent Bank Marketable Securities?

Independent Bank IBCP +1.67% 64 Marketable Securities is $182.8 Mil as of Mar. 2026. GuruFocus rates IBCP with a GF Score™ of 64/100 and a GF Value™ of $32.31 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Independent Bank's Marketable Securities for the quarter that ended in Mar. 2026 was $182.8 Mil.

Independent Bank's annual Marketable Securities declined from Dec. 2023 ($679.4 Mil) to Dec. 2024 ($559.2 Mil) and declined from Dec. 2024 ($559.2 Mil) to Dec. 2025 ($23.2 Mil).

Independent Bank  (NAS:IBCP) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Independent Bank Marketable Securities Related Terms

Independent Bank Marketable Securities Historical Data

* Premium members only.

The historical data trend for Independent Bank's Marketable Securities 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 Marketable Securities Chart

Independent Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,412.83 779.35 679.35 559.18 23.22

Independent Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities 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 529.68 190.02 183.93 23.22 182.76
IBCP
64GF Score
Independent Bank Corp. IBCP
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Independent Bank Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $182.8 Mil mean?
Independent Bank (IBCP) has a Marketable Securities of $182.8 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Independent Bank and its competitors.
Is Independent Bank's Marketable Securities too high?
Independent Bank's current Marketable Securities is $182.8 Mil. Overall, Independent Bank has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Bank's Marketable Securities compare to CARE and CWBC?
Independent Bank's Marketable Securities of $182.8 Mil 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 Marketable Securities for a Banks company?
A good Marketable Securities depends on the Banks industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Independent Bank and its competitors. Independent Bank's current Marketable Securities is $182.8 Mil. 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 $32.31, compared to a current price of $36.91 — trading 14.2% above its estimated fair value. The current Marketable Securities is $182.8 Mil. Independent Bank's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Independent Bank (IBCP), the current Marketable Securities is $182.8 Mil as of Mar. 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 $36.91 is trading 14.2% above its estimated GF Value™ of $32.31. GuruFocus considers Independent Bank to be Modestly Overvalued.

Key valuation signals for IBCP:

  • Marketable Securities: $182.8 Mil
  • GF Value™: $32.31 vs. price of $36.91 (14.2% above fair value)
  • GF Score™: 64/100 with 3 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.
64GF Score

Get the complete analysis for IBCP

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

$36.91
Price
$32.31
GF Value