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Independent Bank (IBCP) Stock

Profile

Country:

United States

IPO:

04 September 1985

Indexes:

Not included

Description:

Independent Bank (IBCP) is a community-focused financial institution offering a range of banking services, including personal and business accounts, loans, and investment options. With a commitment to customer service, IBCP aims to support local communities and help individuals and businesses achieve their financial goals.

Key Details

Price

$37.94

TTM Dividend Yield

2.53%(-41.30% YoY)

Annual Revenue

$200.50 M(-1.99% YoY)

Annual EPS

$2.79(-6.06% YoY)

PE Ratio

12.90(+72.23% YoY)

Beta

1.11

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 05, 2024
Splits

Next split:

N/A

Recent split:

Sept 01, 2010

Analyst ratings

Recent major analysts updates

29 July '24 Piper Sandler
Neutral
29 July '24 Keefe, Bruyette & Woods
Market Perform
30 Apr '24 DA Davidson
Neutral
26 July '23 Keefe, Bruyette & Woods
Market Perform
13 Dec '22 Keefe, Bruyette & Woods
Market Perform
29 Sept '20 Piper Sandler
Overweight
01 Oct '18 DA Davidson
Buy
18 Dec '17 Compass Point
Buy
06 July '17 DA Davidson
Neutral
23 Sept '16 Hovde Group
Market Perform

Market Data

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Institutional Ownership

Independent Bank Corporation (IBCP) Q3 2024 Earnings Call Transcript
Independent Bank Corporation (IBCP) Q3 2024 Earnings Call Transcript
Independent Bank Corporation (IBCP) Q3 2024 Earnings Call Transcript
IBCP
seekingalpha.com24 October 2024

Independent Bank Corporation (NASDAQ:IBCP ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Brad Kessel - President & Chief Executive Officer Joel Rahn - Executive President & Head of Commercial Banking Gavin Mohr - Executive Vice President & Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Peter Winter - D.A. Davidson Adam Kroll - Piper Sandler Matt Renck - KBW John Rodis - Janney Operator Hello everyone, and welcome to the Independent Bank Corporation Reports 2024 Third Quarter Results.

Independent Bank (IBCP) Misses Q3 Earnings and Revenue Estimates
Independent Bank (IBCP) Misses Q3 Earnings and Revenue Estimates
Independent Bank (IBCP) Misses Q3 Earnings and Revenue Estimates
IBCP
zacks.com24 October 2024

Independent Bank (IBCP) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.83 per share a year ago.

Independent Bank (IBCP) Reports Q3 Earnings: What Key Metrics Have to Say
Independent Bank (IBCP) Reports Q3 Earnings: What Key Metrics Have to Say
Independent Bank (IBCP) Reports Q3 Earnings: What Key Metrics Have to Say
IBCP
zacks.com24 October 2024

While the top- and bottom-line numbers for Independent Bank (IBCP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Independent Bank Corporation Announces Date for Its Third Quarter 2024 Earnings Release
Independent Bank Corporation Announces Date for Its Third Quarter 2024 Earnings Release
Independent Bank Corporation Announces Date for Its Third Quarter 2024 Earnings Release
IBCP
globenewswire.com23 September 2024

GRAND RAPIDS, Mich., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 third quarter results on Thursday, October 24, 2024, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website.

New Strong Buy Stocks for August 2nd
New Strong Buy Stocks for August 2nd
New Strong Buy Stocks for August 2nd
IBCP
zacks.com02 August 2024

SVM, IBCP, TMDX, WT and YELP have been added to the Zacks Rank #1 (Strong Buy) List on August 2, 2024.

Independent Bank (IBCP) Surpasses Q2 Earnings and Revenue Estimates
Independent Bank (IBCP) Surpasses Q2 Earnings and Revenue Estimates
Independent Bank (IBCP) Surpasses Q2 Earnings and Revenue Estimates
IBCP
zacks.com25 July 2024

Independent Bank (IBCP) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.70 per share a year ago.

Independent Bank (IBCP) is a Top Dividend Stock Right Now: Should You Buy?
Independent Bank (IBCP) is a Top Dividend Stock Right Now: Should You Buy?
Independent Bank (IBCP) is a Top Dividend Stock Right Now: Should You Buy?
IBCP
zacks.com22 July 2024

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Independent Bank (IBCP) Could Be a Great Choice
Independent Bank (IBCP) Could Be a Great Choice
Independent Bank (IBCP) Could Be a Great Choice
IBCP
zacks.com19 June 2024

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Are You Looking for a High-Growth Dividend Stock?
Are You Looking for a High-Growth Dividend Stock?
Are You Looking for a High-Growth Dividend Stock?
IBCP
zacks.com03 June 2024

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Why Independent Bank (IBCP) is a Great Dividend Stock Right Now
Why Independent Bank (IBCP) is a Great Dividend Stock Right Now
Why Independent Bank (IBCP) is a Great Dividend Stock Right Now
IBCP
zacks.com17 May 2024

Are dividends a top perk for shareholders, but locating a top dividend stock is challenging. Is Independent Bank (IBCP) up to the task?

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FAQ

  • What is the primary business of Independent Bank?
  • What is the ticker symbol for Independent Bank?
  • Does Independent Bank pay dividends?
  • What sector is Independent Bank in?
  • What industry is Independent Bank in?
  • What country is Independent Bank based in?
  • When did Independent Bank go public?
  • Is Independent Bank in the S&P 500?
  • Is Independent Bank in the NASDAQ 100?
  • Is Independent Bank in the Dow Jones?
  • When was Independent Bank's last earnings report?
  • When does Independent Bank report earnings?
  • Should I buy Independent Bank stock now?

What is the primary business of Independent Bank?

Independent Bank (IBCP) is a community-focused financial institution offering a range of banking services, including personal and business accounts, loans, and investment options. With a commitment to customer service, IBCP aims to support local communities and help individuals and businesses achieve their financial goals.

What is the ticker symbol for Independent Bank?

The ticker symbol for Independent Bank is NASDAQ:IBCP

Does Independent Bank pay dividends?

Yes, Independent Bank pays dividends. The last payment was $0.24, with an ex-dividend date on 05 November 2024

What sector is Independent Bank in?

Independent Bank is in the Financial Services sector

What industry is Independent Bank in?

Independent Bank is in the Banks - Regional industry

What country is Independent Bank based in?

Independent Bank is headquartered in United States

When did Independent Bank go public?

Independent Bank's initial public offering (IPO) was on 04 September 1985

Is Independent Bank in the S&P 500?

No, Independent Bank is not included in the S&P 500 index

Is Independent Bank in the NASDAQ 100?

No, Independent Bank is not included in the NASDAQ 100 index

Is Independent Bank in the Dow Jones?

No, Independent Bank is not included in the Dow Jones index

When was Independent Bank's last earnings report?

Independent Bank's most recent earnings report was on 24 October 2024

When does Independent Bank report earnings?

The next expected earnings date for Independent Bank is 24 January 2025

Should I buy Independent Bank stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions