Price
No data yet.
Social Signal Score
Analyst Ratings
8 analystsRevenue
$82.63M+154.98%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- William Bradford Kessel
- Sector
- Financial Services
- Industry
- Banks - Regional
- Employees
- 781
- Beta
- 0.69
- Country
- US
- Piotroski score
- 7 / 9 (Strong)
- Altman Z-score
- -0.68
Financials
Revenue
$82.63M+155.0%Net Income
$18.80M+195.1%EBITDA
$25.10M+135.1%Free Cash Flow
$25.58MEPS (diluted)
$0.90+200.0%Shares Outstanding (diluted)
20.81M-3.4%Operating Expenses
$32.18MCash & Debt
$558.04MReturn of Capital
$7.16MRevenue by Segment (annual)
$43.19MDividend per Share
$0.28Quote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $315.38M | $68.54M | $3.30 |
| 2024 | $316.33M | $66.79M | $3.20 |
| 2023 | $283.83M | $59.07M | $2.82 |
| 2022 | $224.23M | $63.35M | $3.00 |
| 2021 | $207.12M | $62.90M | $2.91 |
| 2020 | $214.19M | $56.15M | $2.56 |
| 2019 | $190.76M | $46.44M | $2.03 |
| 2018 | $170.88M | $39.84M | $1.70 |
| 2017 | $138.06M | $20.48M | $0.96 |
| 2016 | $124.16M | $22.77M | $1.06 |
| 2015 | $114.43M | $20.02M | $0.88 |
| 2014 | $111.70M | $18.02M | $0.79 |
| 2013 | $120.92M | $77.51M | $5.87 |
| 2012 | $140.85M | $26.20M | $2.51 |
Valuation
Project earnings forward and see what return today's price implies.
Seeded from IBCP's reported EPS growth of 2.1% a year over 13 years.
- EPS in 5 years
- $3.68
- Implied price
- $36.79
- Return from $36.37
- 0.2% a year
To earn 15.0% a year on these assumptions you'd need to buy at $18.29 — -49.7% below today's price.
How sensitive is that answer?
Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.
| growth \ P/E | 6 | 8 | 10 | 12 | 14 |
|---|---|---|---|---|---|
| -7.9% | -18.4% | -13.5% | -9.6% | -6.2% | -3.3% |
| -2.9% | -13.9% | -8.8% | -4.7% | -1.1% | 2.0% |
| 2.1% | -9.5% | -4.1% | 0.2% | 4.0% | 7.2% |
| 7.1% | -5.1% | 0.5% | 5.1% | 9.0% | 12.5% |
| 12.1% | -0.6% | 5.2% | 10.0% | 14.1% | 17.7% |
This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.
Signal Score (90d)
100-16.67%Social Signal Score
Mentions (3)
- Newsglobenewswire.com·6d ago·Neutral
… Corporation Announces Date for Its Third Quarter 2026 Earnings Release GRAND RAPIDS, Mich., Sept. 29, 2026 (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 2026 third quarter results on Tuesday, October 27, 2026, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBa nk.com within the “News” section of the “Investor Relations” are…
View source ↗ - Newszacks.com·31d ago·Positive
This is Why Independent Bank (IBCP) is a Great Dividend Stock 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?
View source ↗ - Newszacks.com·47d ago·Positive
Independent Bank (IBCP) Could Be a Great Choice 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?
View source ↗
Earnings
Tue, Oct 27(in 3 weeks)
Consensus estimate $0.95 per share
Typical surprise +5.7% (median, so one quarter with a near-zero estimate can't distort it)
- Thu, Jul 23$0.90 vs $0.84beat
- Thu, Apr 23$0.81 vs $0.79beat
- Thu, Jan 22$0.89 vs $0.83beat
- Tue, Oct 28$0.84 vs $0.83beat
- Thu, Jul 24$0.81 vs $0.78beat
- Thu, Apr 24$0.74 vs $0.70beat
Estimates and results for IBCP via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by IBCP officers and directors.
- Bought
- $42k
- Sold
- $241k
1 trade
17 trades
- Kessel William Bsold
- Kessel William Bsold
- Kessel William Bsold
- Kessel William Bsold
- Kessel William Bsold
- Kessel William Bsold
- Kessel William Bsold
- Kessel William Bsold
82 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
No disclosed congressional trades in IBCP.
Self-reported filings, amounts as brackets. Via Senate/House disclosures.