Independent Bank Corporation (IBCP) — Analyst outlook / Analyst consensus target is. Based on 7 analyst ratings, the consensus is bullish — 1 Buy, 6 Hold.
The consensus price target is $39.00, representing an upside of 12.3% from the current price $34.74.
Analysts estimate Earnings Per Share (EPS) of $3.03 and revenue of $0.22B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $3.20 vs est $3.03 (beat +5.7%). 2025: actual $3.30 vs est $3.30 (beat +0.1%). Analyst accuracy: 97%.
IBCP Stock — 12-Month Price Forecast
$39.00
▲ +12.26% Upside
Average Price Target
Based on 7 Wall Street analysts offering 12-month price targets for Independent Bank Corporation, the price target is $39.00.
The average price target represents a +12.26% change from the last price of $34.74.
IBCP Analyst Ratings
Hold
Based on 7 analysts giving stock ratings to Independent Bank Corporation in the past 3 months
EPS Estimates — IBCP
97%
Analyst Accuracy
Accurate
2 years compared
Actual vs Estimate
2024
Actual $3.20
vs Est $3.03
▲ 5.4% off
2025
Actual $3.30
vs Est $3.30
▲ 0.1% off
Profitability Outlook
Company is profitable with solid earnings. EPS trend is improving.
Revenue Estimates — IBCP
70%
Analyst Accuracy
Fair
2 years compared
Actual vs Estimate
2024
Actual $0.316B
vs Est $0.216B
▲ 31.7% off
2025
Actual $0.315B
vs Est $0.229B
▲ 27.3% off
Revenue Trend
Revenue has been relatively flat. Analysts forecast revenue contraction ahead.