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Independent Bank Corporation
NASDAQ: IBCP Financials Bank 🔎 Screen
🏹 Trader: 🎯 Near 52W High | BRS 75 Ready View all →
$778M
Market Cap
9.9
P/E
1.37
PEG
ROCE
14.3%
ROE
0.29
D/E
OPM
-3.7%
% from 52W High
66
α RS
🔍 IBCP is showing a near-52W-high setup because it's within 3.7% of its 52-week high, RS Rating is 66, and it's hugging the 21 EMA. Net: Broad signal stack, not a recommendation. ? 52W High RS Rating Technicals
Sources
3.7% from 52W high · RS Rating 66 · hugging 21 EMA
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🌏 Global Investor Returns
Currency-adjusted total returns for IBCP including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding IBCP
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 582.3K $19.4M 0.03% Mar 2026
Steve Cohen Point72 Asset Management 99.2K $3.3M 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-23
Q2 2026 net income rose to $18.8M with strong loan and deposit growth, margin expansion, and robust capital ratios. HCB Financial acquisition closed, with cost savings expected in 2027. Non-performing loans increased due to a single exposure, but asset quality remains strong.
Q1 2026 Q1 2026 2026-04-23
Q1 2026 saw higher net income, margin expansion, and strong commercial loan growth, though total loan growth lagged forecasts. Noninterest expense was elevated by nonrecurring items, and the HCB merger is expected to drive future efficiencies.
Q4 2025 Q4 2025 2026-01-22
Q4 2025 net income rose to $18.6M, with strong commercial loan growth and improved NIM. 2026 guidance targets 4.5%-5.5% loan growth, 7%-8% NII growth, and stable credit quality, with capital strength supporting dividends and potential share repurchases.
Q3 2025 Q3 2025 2025-10-28
Q3 2025 net income rose to $17.5M, with strong commercial loan and deposit growth, stable margins, and robust credit quality. Non-performing assets increased due to one commercial relationship, but overall credit and capital remain solid.
Q2 2025 Q2 2025 2025-07-24
Q2 2025 saw strong loan growth, margin expansion, and robust credit quality, though net income declined year-over-year. Technology investments and new hires supported operational efficiency, while capital and liquidity remained strong. Margin outlook is stable even with potential rate cuts.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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No Investment Recommendation:
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Information Sources:
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