Independent Bank Corporation (IBCP) Stock

Independent Bank Corporation (IBCP) is a Financials stock trading at $34.28 (as of 2026-06-18), with a market capitalization of $707.20M and a trailing P/E of 10.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Independent Bank Corporation is the bank holding company for Independent Bank, providing retail and business banking services such as deposit accounts, commercial lending, consumer financing, mortgage lending, and safe deposit box services, along with ATM and online/mobile banking. Services are offered through branches and loan production offices in Michigan and Ohio.

Valuation — source: SEC EDGAR (first-party)

Price	$34.28
Market Cap	$707.20M
P/E Ratio	10.3
EV / EBITDA	6.1
Price / Book	1.38
Price / Sales	21.87
Dividend Yield	3.1%
DCF Value (model)	$54.06
DCF Upside vs Price	57.7%

Profitability & Growth — source: SEC EDGAR

Revenue (TTM)	$32.08M
Net Margin	213.7%
Return on Equity	13.7%
Revenue Growth (YoY)	3.4%
EPS Growth (YoY)	10.8%
FCF Growth (YoY)	-145.0%

Valuation vs Sector & Industry

Stock P/E	10.3
Sector P/E (Financials)	14.4
Industry P/E (Banking)	12.5
vs Sector	-28.5%
vs Industry	-17.9%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures

Top Institutional Holder	BlackRock, Inc. ($96.34M)
Institutional Holders Tracked	10

Company

Sector	Financials
Industry	Banking
CEO	William Bradford Kessel
Employees	732
Country	US
IPO Date	1985-09-04

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

• Mid Penn Bancorp, Inc. (MPB)
• Orrstown Financial Services, Inc. (ORRF)
• Great Southern Bancorp, Inc. (GSBC)
• Eagle Bancorp, Inc. (EGBN)
• CNB Financial Corporation (CCNE)
• Financial Institutions, Inc. (FISI)
• South Plains Financial, Inc. (SPFI)
• SmartFinancial, Inc. (SMBK)

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.