IBCP

Independent Bank Corporation

37.94

Top Statistics
Market Cap 792 M Forward PE 12.47 Revenue Growth -7.10 %
Current Ratio 0.00 Trailing PE 12.90 Earnings Growth -21.70 %
Profit Margins 29.81 % Peg Ratio Dividend Yield 2.53 %
Enterprice / EBITA Enterprise / Revenue 3.57 Price To Sales Trailing12 Months 3.81
Profitability
Profit Margins 29.81 % Operating Margins 36.00 %
Balance Sheet
Total Cash 160 M Total Cash Per Share 7.67 Total Debt 110 M
Total Debt To Equity Current Ratio 0.00 Book Value Per Share 21.65
All Measures
Short Ratio 204.00 % Message Board Id finmb_279675 Shares Short Prior Month 269793
Return On Equity 0.1500 City Grand Rapids Uuid e21a0f1f-0591-3f16-9d89-fd750bea4a82
Previous Close 38.28 First Trade Date Epoch Utc 494 M Book Value 21.65
Beta 0.9780 Total Debt 110 M Volume 65054
Price To Book 1.75 Last Split Date 1 B Fifty Two Week Low 20.50
Total Cash Per Share 7.67 Total Revenue 208 M Shares Short Previous Month Date 1 B
Target Median Price 36.00 Max Age 86400 Recommendation Mean 3.00
Sand P52 Week Change 0.3133 Operating Margins 36.00 % Last Dividend Value 0.2400
Target Mean Price 36.00 Net Income To Common 62 M Short Percent Of Float 0.0124
Implied Shares Outstanding 20 M Trailing Peg Ratio None Last Fiscal Year End 1 B
Average Daily Volume10 Day 68440 Average Volume10days 68440 Total Cash 160 M
Next Fiscal Year End 1 B Revenue Per Share 9.97 Held Percent Insiders 0.0456
Dividend Rate 0.9600 Trailing PE 12.90 Date Short Interest 1 B
Most Recent Quarter 1 B Regular Market Previous Close 38.28 Target Low Price 33.00
Gmt Off Set Milliseconds -18000000 Fifty Day Average 34.60 Open 38.71
Dividend Yield 2.53 % State MI Return On Assets 0.0119
Time Zone Short Name EST Trailing Eps 2.94 Day Low 37.86
Address1 4200 East Beltline Trailing Annual Dividend Rate 0.9500 Price Hint 2
Shares Outstanding 20 M Target High Price 39.00 Website https://www.independentbank.com
52 Week Change 0.7549 Average Volume 99321 Earnings Quarterly Growth -21.30 %
Forward Eps 3.04 Recommendation Key hold Compensation As Of Epoch Date 1 B
Last Split Factor 1:10 Regular Market Day High 39.22 Is_sp_500 False
Profit Margins 29.81 % Fifty Two Week High 40.32 Day High 39.22
Shares Short 208888 Regular Market Open 38.71 Industry Key banks-regional
Earnings Growth -21.70 % Enterprise To Revenue 3.57 Revenue Growth -7.10 %
Shares Percent Shares Out 0.0100 Operating Cashflow 63 M Five Year Avg Dividend Yield 413.00 %
Currency USD Market Cap 792 M Time Zone Full Name America/New_York
Is_nasdaq_100 False Zip 49525 Payout Ratio 32.31 %
Quote Type EQUITY Industry Banks - Regional Ex Dividend Date 1 B
Regular Market Day Low 37.86 Held Percent Institutions 0.8657 Long Name Independent Bank Corporation
Current Price 37.94 Financial Currency USD Trailing Annual Dividend Yield 2.48 %
Current Ratio 0.00 Industry Disp Banks - Regional Number Of Analyst Opinions 5
Country United States Float Shares 19 M Two Hundred Day Average 29.15
Ir Website http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=100319 Enterprise Value 742 M Price To Sales Trailing12 Months 3.81
Forward PE 12.47 Regular Market Volume 65054 Last Dividend Date 1 B
Exchange NMS
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Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan.

It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services.

The company also provides title insurance services and investment services, as well as automatic teller machines, and internet and mobile banking services.

In addition, it operates through branches, drive-thru facilities, and loan production offices.

Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.