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Independent Bank Corporation IBCP NASDAQ

NASDAQ Global Select • Financial Services • Banks - Regional • US • USD

SharesGrow Score
67/100
4/7 Pass
SharesGrow Intrinsic Value
$79.17
+127.9%
Analyst Price Target
$39.00
+12.3%

Stock Statistics — IBCP

Independent Bank Corporation (IBCP) has a market capitalization of $715.24M and trades at $34.74. The 52-week range is 27.08-37.39.

Key metrics include a trailing Price-to-Earnings (P/E) ratio of 10.5, Earnings Per Share (EPS) of $3.30, annual revenue of $315.38M.

The stock has a beta of 0.75, a last dividend of $1.0600, operates in the Financial Services sector.

Trading Data
Current Price$34.74
52-Week Range27.08-37.39
Volume122.17K
Avg Volume (30D)181.81K
Market Cap$715.24M
Beta (1Y)0.75
Last Dividend$1.0600
Company
IPO Date1985-09-04
Employees732
CEOWilliam Bradford Kessel
CountryUS
ExchangeNASDAQ Global Select
CurrencyUSD
ISINUS4538386099
CUSIP453838609
Income (Latest Year)
Revenue$315.38M
Gross Profit$219.52M
EBITDA$81.29M
Operating Income$81.29M
Net Income$68.54M
EPS$3.30
EPS Diluted$3.27
Shares Outstanding$20.67M
Balance Sheet (Latest Year)
Total Assets$5.51B
Current Assets$548.14M
Cash & ST Investments$548.14M
Total Liabilities$5B
Total Debt$116.87M
Net Debt$64.63M
Total Equity$502.95M
Debt / Equity0.23
Valuation Ratios
P/E Ratio10.5
P/S Ratio2.27
P/B Ratio1.42
EV/EBITDA (approx)8.8
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