IBCP
Independent Bank Corporation
NASDAQ: IBCP · FINANCIAL SERVICES · BANKS - REGIONAL
$33.21
-0.63% today
Updated 2026-04-30
Market cap
$689.83M
P/E ratio
10.03
P/S ratio
3.07x
EPS (TTM)
$3.34
Dividend yield
3.17%
52W range
$29 – $37
Volume
0.2M
WallStSmart proprietary scores
70
out of 100
Grade: B
Buy
Investment rating
6.7
Growth
B5.8
Quality
C+7.5
Profitability
B+7.0
Valuation
B+4/9
Piotroski F-Score
Moderate
—
Altman Z-Score
—
—
Industry rank
—
View all highly rated stocks (75+) →206 stocks currently score above 75
Price targets
Analyst target
$37.10
+11.71%
12-Month target
$33.45
+0.72%
Intrinsic (DCF)
—
Margin of safety
—
0 Strong Buy0 Buy5 Hold0 Sell0 Strong Sell
Price chart
X-Ray snapshot
Strengths
+ Profit margin 31.10% — above average
+ Free cash flow $6.36M — positive
+ Debt/equity 0.23x — low leverage
Risks
No major risks identified
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $224.23M | $283.83M | $316.33M | $315.38M | $224.68M |
| Net income | $63.35M | $59.07M | $66.79M | $68.54M | $16.88M |
| EPS | — | — | — | — | $3.34 |
| Free cash flow | $88.95M | $69.56M | $55.20M | $70.17M | $6.36M |
| Profit margin | 28.25% | 20.81% | 21.11% | 21.73% | 31.10% |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-06 | RAHN, JOEL F | Sale | 2,431 | — |
| 2026-04-06 | RAHN, JOEL F | Buy | 4,150 | — |
| 2026-04-06 | RAHN, JOEL F | Sale | 1,270 | $33.78 |
Peer comparison
Smart narrative
Independent Bank Corporation trades at $33.21. representing a P/E of 10.03x trailing earnings. Our Smart Value Score of 70/100 indicates the stock is good. The company scores 4/9 on the Piotroski F-Score. TTM revenue stands at $224.68M. with profit margins at 31.10%.
Frequently asked questions
What is Independent Bank Corporation's stock price?
Independent Bank Corporation (IBCP) trades at $33.21.
Is Independent Bank Corporation overvalued?
Smart Value Score 70/100 (Grade B, Buy).
What is the price target of Independent Bank Corporation (IBCP)?
The analyst target price is $37.10, representing +11.7% upside from the current price of $33.21.
What is the future stock price of IBCP by 2030?
Our revenue-driven model estimates Independent Bank Corporation could reach $45.30 by 2030, based on historical CAGR, margin trends, and capped P/E multiples.
What is Independent Bank Corporation's revenue?
TTM revenue is $224.68M.
Piotroski F-Score?
4/9 — moderate financial health.
Company info
SectorFINANCIAL SERVICES
IndustryBANKS - REGIONAL
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio3.07x
ROE14.30%
Beta0.75
50D MA$34.20
200D MA$32.99
Shares out0.02B
Float0.02B
Short ratio—
Avg volume0.2M
Performance
1 week+0.36%
1 month+0.36%
3 months-4.30%
YTD+2.74%
1 year—
3 years—
5 years—