IBCP (Independent Bank) ROC (Joel Greenblatt) %: % (As of Mar. 2026)


IBCP Independent Bank Corp. IBCP
64 GF Score
Price $35.15
GF Value $32.32
Valuation Fairly Valued
! 3 Warning Signs
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What is Independent Bank ROC (Joel Greenblatt) %?

Independent Bank IBCP -1.82% 64 ROC (Joel Greenblatt) % is % as of Mar. 2026. GuruFocus rates IBCP with a GF Score™ of 64/100 and a GF Value™ of $32.32 (Fairly Valued). The stock has 3 warning signs investors should review. Among 46 Banks companies, Independent Bank ranks worse than 2173910.87% on this metric.

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

IBCP
64GF Score
Independent Bank Corp. IBCP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a ROC (Joel Greenblatt) % of % mean?
Independent Bank (IBCP) has a ROC (Joel Greenblatt) % of % as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Independent Bank and its competitors. According to the industry distribution chart, Independent Bank ranks #999999 out of 46 companies in the Banks industry.
Is Independent Bank's ROC (Joel Greenblatt) % too high?
Independent Bank's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, Independent Bank ranks #999999 out of 46 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Independent Bank has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independent Bank's ROC (Joel Greenblatt) % compare to CARE and CWBC?
According to the Banks industry distribution chart, Independent Bank ranks #999999 out of 46 companies for ROC (Joel Greenblatt) %. This places Independent Bank in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Banks company?
The median ROC (Joel Greenblatt) % among Banks companies is 63.63, based on 46 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Independent Bank and its competitors. For the Banks industry, the median ROC (Joel Greenblatt) % is 63.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Bank's current ROC (Joel Greenblatt) % is %. 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 Fairly Valued. The stock's GF Value™ is $32.32, compared to a current price of $35.15 — trading 8.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is %. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Independent Bank (IBCP), the current ROC (Joel Greenblatt) % is % 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 $35.15 is trading 8.8% above its estimated GF Value™ of $32.32. GuruFocus considers Independent Bank to be Fairly Valued.

Key valuation signals for IBCP:

  • ROC (Joel Greenblatt) %: %
  • GF Value™: $32.32 vs. price of $35.15 (8.8% 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

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.15
Price
$32.32
GF Value