Independent Bank
(NASDAQ) IBCP
Independent Bank Financials at a Glance
Market Cap
$698.98M
Revenue (TTM)
$309.72M
Net Income (TTM)
$69.83M
EPS (TTM)
$3.35
P/E Ratio
10.15
Dividend
$1.08
Beta (Volatility)
0.81 (Low)
Dividend
$1.08
Beta (Volatility)
0.81 (Low)
Price
$34.31
Volume
3,588
Open
$33.90
Price
$34.31
Volume
3,588
Open
$33.90
Previous Close
$33.95
Daily Range
$33.89 - $34.31
52-Week Range
$29.63 - $37.39
Dividend
$1.08
Beta (Volatility)
0.81 (Low)
Price
$34.31
Volume
3,588
Open
$33.90
Previous Close
$33.95
Daily Range
$33.89 - $34.31
52-Week Range
$29.63 - $37.39
IBCP News
IBCP: Motley Fool Moneyball Superscore
Our CEO Is Handing Members His Secret Weapon
It's called Motley Fool Moneyball, our new proprietary AI tool
We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.
Get Access NowAbout Independent Bank
Industry
Banks
Sector
FinancialsEmployees
826
CEO
William Bradford Kessel, MBA, CPA
Website
www.independentbank.comHeadquarters
Grand Rapids, MI 49525, US
IBCP Financials
Key Financial Metrics (TTM)
Gross Margin
70%
Operating Margin
27%
Net Income Margin
23%
Return on Equity
14%
Return on Capital
1%
Return on Assets
1%
Earnings Yield
9.85%
Dividend Yield
3.18%
Payout Ratio
31.40%
Stock Overview
Market Cap
$698.98M
Shares Outstanding
20.59M
Volume
3.59K
Avg. Volume
189.11K
Financials (TTM)
Gross Profit
$219.52M
Operating Income
$81.29M
EBITDA
$81.29M
Operating Cash Flow
$76.66M
Capital Expenditure
$6.49M
Free Cash Flow
$70.17M
Cash & ST Invst.
$161.60M
Total Debt
$116.87M
Independent Bank Performance Analysis
Revenue Growth Rate
Annual and quarterly growth comparisonEarnings Per Share Growth Rate
Annual and quarterly EPS growth comparisonQuarterly Performance
Revenue
$74.62M
-0.1%
Gross Profit
$54.94M
+7.0%
Gross Margin
73.63%
N/A
Market Cap
$698.98M
N/A
Market Cap/Employee
$954.89K
N/A
Employees
732
N/A
Net Income
$16.88M
+8.2%
EBITDA
$20.23M
-5.8%
Quarterly Fundamentals
Net Cash
$18.42M
-103.5%
Accounts Receivable
$0.00
N/A
Inventory
$0.00
N/A
Long Term Debt
$66.89M
-46.2%
Short Term Debt
$0.00
N/A
Return on Assets
1.26%
N/A
Return on Invested Capital
1.48%
N/A
Free Cash Flow
$0.00
-100.0%
Operating Cash Flow
$0.00
-100.0%