39.05 USD
↗ 0.60 (1.56%)PRE MARKET (AS OF 07:54 AM EDT)
Independent Bank Corp. (IBCP) trades at $39.05 per share. Both sides of the analysis agree: technicals flash "Strong Buy" and fundamentals confirm with a "Strong Buy" reading. This is driven by a strong Piotroski F-Score of 7/9, a bullish Golden Cross on the moving averages and bullish moving average alignment. Valuation metrics suggest IBCP is trading at a discount to its peers, earning an "Attractively Valued" rating.
Technical & fundamental data as of Aug 4, 2026.
Open?$38.46
High?$39.07
Low?$38.45
Prev. Close?$38.45
Volume?4
Avg. Volume?219.9K
VWAP?$38.45
Rel. Volume?0.00x
Bid / Ask
Bid?$32.86 × 100
Ask?$43.52 × 100
Spread?$10.66
Midpoint?$38.19
Valuation & Ratios
Market Cap?792.2M
Shares Out?20.6M
Float?20.2M
Float %?97.7%
P/E Ratio?11.34
P/B Ratio?1.55
EPS?$3.39
Dividend?2.77%
Ex-Dividend?N/A
News
Profile
Independent Bank Corp. operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers. The firm's principal markets are the rural and suburban communities across Lower Michigan. The firm generates the majority of its revenue from Interest and fees on loans.
Employees
826
Market Cap
792.8M
Industry
STATE COMMERCIAL BANKS
Website
Listed
1985-09-04
Address
4200 E BELTLINE AVE
GRAND RAPIDS, MI 49525
Phone: (800) 355-0641
GRAND RAPIDS, MI 49525
Phone: (800) 355-0641
Technical OutlookStrong Buy
Strong SellNeutralStrong Buy
Long-Term (Tide)?▲ Bullish(+3/3)
Medium-Term (Wave)?▲ Bullish(+2/3)
Short-Term (Ripple)?– Neutral(0/3)
MA Alignment?Golden Alignment
Full Technical Analysis →Fundamental OutlookStrong Buy
Strong SellNeutralStrong Buy
F-Score?88
Z-Score?50
Momentum?82
Short Sent.?68
Piotroski F-Score?7/9Strong
Confidence?67%Moderate
Short InterestModerate
Short % of Float?2.61%Low
Short Interest?527.1K
Days to Cover?3.1
Free Float20.2M
Avg Daily Volume172.8K
Settlement Date2026-07-15
Financial Health
Current Ratio?36.15Strong
Quick Ratio?36.15Strong
Cash Ratio?1.79Strong
Debt/Equity?0.13Low
ValuationATTRACTIVELY VALUEDvs 9 peers + S&P 500
Score94/100
P/E?11.3CHEAP▾
Peers90
S&P93
P/B?1.55CHEAP▾
Peers20
S&P86
P/S?2.50CHEAP▾
Peers80
S&P57
P/FCF?30.7FAIR▾
Peers11
S&P28
EV/EBITDA?9.8CHEAP▾
Peers100
S&P82
EV/Sales?2.56CHEAP▾
Peers90
S&P67
Returns & Efficiency
ROE?13.7%STRONG▾
Peers100
S&P50
ROA?1.3%WEAK▾
Peers40
S&P14
Cash Flow & Enterprise
FCF?$25.8M
Enterprise Value?$810.6M
Fundamentals ratios updated end of day