IBCP | Independent Bank Corporation Stock Overview

(Stock Exchange: NASDAQ)

Day's Range	30.66 - 31.69
52 Week Range	22.53 - 40.32
Beta	0.78
Implied Volatility	86.70%
IV Rank	30.70%
Day's Volume	35,666
Average Volume	119,793
Shares Outstanding	20,972,800
Market Cap	647,220,608
Sector	Financial Services
Industry	Banks - Regional
IPO Date	1985-09-04

Valuation
Profitability
Growth
Health
P/E Ratio	9.77
Forward P/E Ratio	N/A
EPS	3.16
1YR Price Target	N/A
Dividend Yield	3.30%
Dividend Per Share	1.02
Dividend ExDate	N/A
Dividend PayDate	N/A
Employees	741
Country	USA
Website	IBCP

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

IBCP's peers: BRKL, BUSE, CASH, CFR, FBK, FBNC, FBP, FFBC, FFIC, FFIN, FMNB, FRME, HYAC, HMNF, FNWB, CWBC, FFNW, GSBC, HBCP, HFWA, HTBI, LSBK, FCCO, HFBL, LKFN, ONB, UMBF, INTR

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Analyzing fundamentals for IBCP we got that it has average fundamentals where Valuation is considered to be slightly undervalued, Profitability is moderate, Growth is good and Health is weak. For more detailed analysis please see IBCP Fundamentals page.

Watching at IBCP technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on IBCP Technicals page.