36.71 USD
↘ 0.25 (0.68%)AT CLOSE (11:59 AM EDT)
Independent Bank Corp.
IBCPNASDAQ • USD
36.70
↘ 0.02 (0.04%)
POST MARKET (AS OF 04:10 PM EDT)
Post Market
AS OF 04:10 PM EDT
36.70
↘ 0.02 (0.04%)
Market: CLOSED
Independent Bank Corp. (IBCP) trades at $36.69 per share. IBCP shows a split signal: underlying fundamentals suggest "Buy" while technical indicators indicate "Sell". This is driven by a bullish Golden Cross on the moving averages. Valuation metrics suggest IBCP is trading at a discount to its peers, earning an "Attractively Valued" rating.
Technical & fundamental data as of Aug 25, 2026.
Open?$37.05
High?$37.05
Low?$36.55
Prev. Close?$36.96
Volume?138.0K
Avg. Volume?210.0K
VWAP?$36.72
Rel. Volume?0.66x
Bid / Ask
Bid?$20.13 × 200
Ask?$58.88 × 200
Spread?$38.75
Midpoint?$39.51
Valuation & Ratios
Market Cap?814.9M
Shares Out?22.2M
Float?20.2M
Float %?97.7%
P/E Ratio?11.36
P/B Ratio?1.54
EPS?$3.23
Dividend?2.74%
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
820.5M
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 OutlookSell
Strong SellNeutralStrong Buy
Long-Term (Tide)?– Neutral(0/3)
Medium-Term (Wave)?▼ Bearish(-1/3)
Short-Term (Ripple)?▼ Bearish(-3/3)
MA Alignment?Mixed
Full Technical Analysis →Fundamental OutlookBuy
Strong SellNeutralStrong Buy
F-Score?77
Z-Score?50
Momentum?77
Short Sent.?39
Piotroski F-Score?6/9Mixed
Confidence?67%Moderate
Short InterestModerate
Short % of Float?3.12%Low
Short Interest?630.0K
Days to Cover?3.5
Free Float20.2M
Avg Daily Volume181.5K
Settlement Date2026-08-14
Financial Health
Current Ratio?7.61Strong
Quick Ratio?7.61Strong
Cash Ratio?0.50Adequate
Debt/Equity?0.32Low
ValuationATTRACTIVELY VALUEDvs 9 peers + S&P 500
Score94/100
P/E?11.4CHEAP▾
Peers80
S&P93
P/B?1.54CHEAP▾
Peers20
S&P86
P/S?2.54CHEAP▾
Peers70
S&P57
P/FCF?31.5FAIR▾
Peers10
S&P27
EV/EBITDA?10.8CHEAP▾
Peers70
S&P75
EV/Sales?2.85CHEAP▾
Peers80
S&P63
Returns & Efficiency
ROE?13.6%STRONG▾
Peers100
S&P50
ROA?1.3%WEAK▾
Peers50
S&P14
Cash Flow & Enterprise
FCF?$25.9M
Enterprise Value?$917.8M
Fundamentals ratios updated end of day