I

    Independent Bank Corporation (IBCP)

    Official site

    FINANCIAL SERVICES • BANKS - REGIONAL • NASDAQ

    $36.49
    -0.37 (-1.00%)

    Market Cap: $759.41M

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    85%(34/40)
    Avg Surprise
    +14.76%
    Streak
    7 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.88
    Range$0.66 - $0.96
    5 analysts
    EPS Revisions
    3
    0
    7d
    3
    1
    30d
    EPS Estimate Drift
    90d ago$0.86-2.3%
    60d ago$0.86-2.3%
    30d ago$0.86-2.3%
    7d ago$0.86-2.3%
    Current$0.88
    Revenue Consensus
    $60M
    Range$53M - $69M
    3 analysts
    Dec 31, 2026
    EPS Consensus$1.02
    Range$0.85 - $1.12
    5 analysts
    Revenue Consensus
    $59M
    Range$40M - $94M
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.02---
    Sep 26EST
    		-$0.88---
    Jun 26
    		$0.90$0.85+5.88%Beat+9.8%
    Mar 26
    		$0.81$0.79+2.53%Beat+9.5%
    Dec 25
    		$0.89$0.84+5.95%Beat+2.3%
    Sep 25
    		$0.86$0.84+2.38%Beat+32.3%
    Jun 25
    		$0.82$0.79+3.80%Beat-6.8%
    Mar 25
    		$0.74$0.70+5.71%Beat+4.2%
    Dec 24
    		$0.87$0.76+14.47%Beat+10.1%
    Sep 24
    		$0.65$0.76-14.47%Miss-27.0%
    Jun 24
    		$0.88$0.70+25.71%Beat+44.3%
    Mar 24
    		$0.71$0.64+10.94%Beat+12.7%
    Dec 23
    		$0.79$0.70+12.86%Beat+8.2%
    Sep 23
    		$0.89$0.62+43.55%Beat+8.5%
    Jun 23
    		$0.61$0.59+3.39%Beat+24.5%
    Mar 23
    		$0.63$0.60+5.00%Beat+18.9%
    Dec 22
    		$0.73$0.73+0.00%Beat+25.9%
    Sep 22
    		$0.82$0.60+36.67%Beat+9.3%
    Jun 22
    		$0.49$0.55-10.91%Miss-24.6%
    Mar 22
    		$0.53$0.50+6.00%Beat-24.3%
    Dec 21
    		$0.58$0.65-10.77%Miss-24.7%
    Sep 21
    		$0.75$0.62+20.97%Beat-19.4%
    Jun 21
    		$0.65$0.67-2.99%Miss-3.0%
    Mar 21
    		$0.70$0.60+16.67%Beat+66.7%
    Dec 20
    		$0.77$0.61+26.23%Beat+24.2%
    Sep 20
    		$0.93$0.48+93.75%Beat+69.1%
    Jun 20
    		$0.67$0.25+168.00%Beat+21.8%
    Mar 20
    		$0.42$0.37+13.51%Beat-8.7%
    Dec 19
    		$0.62$0.55+12.73%Beat+51.2%
    Sep 19
    		$0.55$0.50+10.00%Beat+12.2%
    Jun 19
    		$0.55$0.48+14.58%Beat+19.6%
    Mar 19
    		$0.46$0.45+2.22%Beat+9.5%
    Dec 18
    		$0.41$0.48-14.58%Miss+17.1%
    Sep 18
    		$0.49$0.46+6.52%Beat+53.1%
    Jun 18
    		$0.46$0.40+15.00%Beat+70.4%
    Mar 18
    		$0.42$0.37+13.51%Beat+50.0%
    Dec 17
    		$0.35$0.34+2.94%Beat+0.0%
    Sep 17
    		$0.32$0.32+0.00%Beat+6.7%
    Jun 17
    		$0.27$0.29-6.90%Miss-
    Mar 17
    		$0.28$0.28+0.00%Beat-
    Dec 16
    		$0.35$0.27+29.63%Beat-
    Sep 16
    		$0.30$0.25+20.00%Beat-

    Dividends

    Dividend Metrics

    Yield3.01%
    Annual/Share$1.10
    Payout Ratio34.03%
    Frequency4
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+5.73%
    5Y CAGR+5.39%
    View IBCP's full dividend history

    Key Metrics

    Valuation
    P/E Ratio10.55EV/EBITDAN/A
    Price/FCF31.33xFCF Yield3.19%
    Profitability
    Profit Margin31.10%Operating Margin39.90%
    ROE14.40%ROIC10.32%
    Financial Health
    Debt/Equity0.32xInterest Coverage1.01x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta0.70Avg Volume179.03K
    52-Week High$38.9552-Week Low$29.07

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$36.98
    SMA 20$37.63
    SMA 50$36.80
    SMA 200$34.35
    EMA 10$37.00
    EMA 20$37.21
    EMA 50$36.70
    EMA 200$34.57

    MACD

    Line: -0.10Signal: 0.12Hist: -0.23

    ADX

    ADX: 21.7+DI: 18.5-DI: 26.3

    Aroon & PSAR

    Aroon Up20.0
    Aroon Down92.0
    PSAR$37.87

    Bollinger Bands

    Upper Band$39.12
    Lower Band$36.13
    %B Position795%(Upper)
    Band Width0.12

    RSI (14-Day)

    Neutral
    40.8

    Momentum Oscillators

    Stoch %K17.1
    Stoch %D14.7
    Williams %R-90.2
    ROC (10d)-4.9%
    Momentum-1.89
    CCI (20d)-109.0
    MFI (14d)44.7

    Volatility Measures

    ATR (14d)$0.64(1.7%)
    StdDev (20d)0.75
    Hist Vol13.9%(Low)

    Volume Flow

    VWAP$36.59
    OBV1.8M
    AD Line-78.6M
    CMF (20d)-0.129

    Volume Metrics

    Avg Vol (20d)177.2K
    Vol Ratio1.0x
    VWMA (20d)$37.66

    Pivot Points

    R3$37.33
    R2$37.17
    R1$37.02
    Pivot Point$36.86
    S1$36.71
    S2$36.55
    S3$36.40

    Advanced Oscillators

    TSI-4.38
    Ultimate Osc36.3
    KST4.44

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$63.24M$58.90M$58.31M$57.30M$55.94M$54.11M$61.97M$51.36M$56.52M$52.76M$49.21M$55.04M
    Cost of RevenueN/A$19.68M$22.99M$25.91M$23.37M$23.36M$26.68M$28.08M$24.87M$25.02M$24.98M$24.81M
    Gross ProfitN/A$54.94M$56.39M$53.48M$52.96M$51.36M$57.86M$47.95M$54.88M$51.13M$47.91M$51.60M
    Operating Expenses$37.81M$38.31M$36.08M$34.13M$33.76M$34.26M$36.99M$32.58M$33.33M$32.19M$31.88M$32.04M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating IncomeN/A$20.23M$20.31M$21.18M$20.68M$19.13M$22.77M$17.29M$23.17M$19.82M$17.95M$21.65M
    Interest Income$67.29M$66.17M$67.42M$69.29M$66.88M$66.14M$66.98M$68.33M$66.34M$65.13M$65.36M$62.43M
    Interest Expense$19.39M$19.31M$21.07M$23.93M$22.26M$22.46M$24.13M$26.48M$24.99M$24.93M$25.25M$23.00M
    Income Before Tax$22.71M$20.23M$20.31M$21.18M$20.68M$19.13M$22.77M$17.29M$23.17M$19.82M$17.95M$21.65M
    Income Tax Expense$3.90M$3.35M$1.74M$3.67M$3.80M$3.54M$4.31M$3.48M$4.64M$3.83M$4.20M$4.11M
    Net Income$18.80M$16.88M$18.57M$17.50M$16.88M$15.59M$18.46M$13.81M$18.53M$15.99M$13.74M$17.54M
    EBITDA$25.10M$22.60M$22.70M$23.94M$23.08M$21.48M$25.25M$19.80M$25.67M$22.33M$20.49M$24.18M
    EBIT$22.71M$20.23M$20.31M$21.18M$20.68M$19.13M$22.77M$17.29M$23.17M$19.82M$17.95M$21.65M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Press Release: Independent Bank Corporation Reports 2026 Second Quarter Earnings of $0.90 per Diluted Share

    Independent Bank Corporation reported second quarter earnings for 2026, achieving $0.90 per diluted share. This press release details the financial performance of the company for the specified period.

    Moomoo•7/23/26•
    Bullish

    Press Release: Independent Bank Corporation Appoints Nathan E. Tagg to Its Board of Directors

    Independent Bank Corporation has announced the appointment of Nathan E. Tagg to its Board of Directors, effective July 22, 2026. This appointment increases the total number of board members to ten. Tagg's election was approved by the Board at its meeting today.

    Moomoo•7/22/26•
    Bullish

    A $0.28 payment is coming to Independent Bank shareholders Aug. 14

    Independent Bank Corporation (NASDAQ: IBCP) announced a quarterly cash dividend of $0.28 per common share. The dividend will be paid on August 14, 2026, to shareholders on record as of August 4, 2026. The Michigan-based bank holding company has total assets of approximately $5.6 billion and operates through its subsidiaries, Independent Bank and Highpoint Community Bank.

    Stock Titan•7/21/26•
    Somewhat-Bullish

    Press Release: Independent Bank Corporation Announces Shareholder Approval to Acquire HCB Financial Corp. and Highpoint Community Bank

    Independent Bank Corporation (NASDAQ: IBCP) announced that its shareholders have approved the acquisition of HCB Financial Corp. and its subsidiary, Highpoint Community Bank. The approval occurred at a special meeting on November 13, 2025. The transaction is expected to close in the first quarter of 2026, subject to regulatory approvals and other closing conditions.

    Moomoo•6/18/26•
    Bullish

    HCB shareholders approve Independent Bank merger with Highpoint

    Independent Bank Corporation (NASDAQ: IBCP) has received shareholder approval for its acquisition of HCB Financial Corp., the parent company of Highpoint Community Bank. Regulatory approvals from the Federal Reserve Bank of Chicago and the Michigan DIFS are already in place, with the merger expected to be effective on July 1, 2026. This acquisition will add approximately $590 million in assets to IBCP's existing $5.5 billion asset base.

    Stock Titan•6/18/26•
    Bullish

    Frequently Asked Questions About IBCP

    What is IBCP's current dividend yield?
    Independent Bank Corporation (IBCP) has a current dividend yield of 3.01%.
    Does IBCP pay dividends?
    Yes, Independent Bank Corporation pays dividends with a current yield of 3.01%.
    What is IBCP's P/E ratio?
    Independent Bank Corporation has a price-to-earnings (P/E) ratio of 10.55.
    What is IBCP's market cap?
    Independent Bank Corporation (IBCP) has a market capitalization of $759.41M with a current stock price of $36.49.

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