Valuation : Independent Bank Corporation

Market Cap 816M 704M 663M 604M 1.13B 77.07B 1.14B 7.85B 3.05B 39.4B 3.06B 3B 129B P/E 2026 *
10.4x
P/E 2027 * 9.47x
Enterprise Value 816M 704M 663M 604M 1.13B 77.07B 1.14B 7.85B 3.05B 39.4B 3.06B 3B 129B EV / Sales 2026 *
3.68x
EV / Sales 2027 * 3.35x
Free-Float
95.24%
Yield 2026 *
3.05%
Yield 2027 * 3.13%
1 day+1.77%
1 week+0.11%
Current month+0.71%
1 month-3.80%
3 months+7.27%
6 months+3.93%
Current year+12.97%
1 week 35.96
Extreme 35.955
37.02
1 month 35.96
Extreme 35.955
38.68
Current year 31.75
Extreme 31.75
39.24
1 year 29.83
Extreme 29.83
39.24
3 years 16.9
Extreme 16.9
40.32
5 years 14.9
Extreme 14.9
40.32
10 years 9.19
Extreme 9.19
40.32
Manager TitleAgeSince
Chief Executive Officer 61 2012-12-31
Director of Finance/CFO - 2020-09-13
Compliance Officer - -
Director TitleAgeSince
Chairman 68 2024-04-22
Director/Board Member 61 2012-12-31
Director/Board Member 70 2012-10-22
Date Insider Type Main position Quantity % Market Cap. Importance
8/19/26
Independent Bank Corp. ESOP
OtherCompany 0 0% -
8/19/26 Sell

First Vice Pres. & Controller

-300 0.0015%
8/10/26 Sell

Controller/Auditor

-489 0.0024%
Change 5-day change 1-year change 3-year change Capi.($)
+1.77%+0.11%+11.20%+88.75% 802M
-0.41%-0.40%+31.73%+197.26% 33.3B
-0.85%-0.26%+20.37%+25.26% 11.67B
-1.78%+0.24% - - 5.32B
+2.50%-0.01%+36.76%+92.29% 3.92B
+4.44%+11.09%+29.18%+219.90% 3.96B
+1.98%-0.99%-33.98%-0.81% 3.68B
+1.13%+2.69%-0.61%+40.39% 3.21B
-0.95%-3.47%+49.89%+75.09% 3.16B
+1.19%+6.97%-3.93%+24.94% 3.1B
Average +0.90%+0.56%+15.62%+84.79% 7.21B
Weighted average by Cap. +0.10%-0.34%+23.68%+128.88%

Financials

2026 *2027 *
Net sales 222M 191M 180M 164M 307M 20.92B 309M 2.13B 827M 10.7B 832M 814M 35.14B 244M 210M 198M 181M 338M 23.04B 340M 2.35B 911M 11.78B 916M 896M 38.69B
Net income 76.3M 65.82M 62.01M 56.5M 106M 7.21B 106M 734M 285M 3.69B 287M 280M 12.11B 86.82M 74.9M 70.56M 64.29M 120M 8.2B 121M 835M 324M 4.19B 326M 319M 13.77B
Net Debt - -
Logo Independent Bank Corporation
Independent Bank Corporation is a bank holding company. The Company operates over 59 locations across Michigan’s Lower Peninsula through its subsidiary Independent Bank (the bank). The bank offers a range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The bank also offers investment services through a third-party agreement with Cetera Investment Services LLC and title insurance services. The bank's personal services include accounts, loans, wealth, learn, and digital banking. The bank's commercial services include accounts, lending, services, wealth, learn, and digital banking. Its commercial checking accounts include Business ONE, Business Flex, and Eagle Advantage. Its commercial lending includes working capital lines of credit, equipment financing, commercial real estate loans, acquisition financing, SBA loans, and others.
Employees
781
Sector
Banks
Date Price Change Volume
26-09-02 US$36.75 +1.77% 141,196
26-09-01 US$36.11 -1.04% 160,156
26-08-31 US$36.49 -1.00% 184,130
26-08-28 US$36.86 +0.60% 152,648
26-08-27 US$36.64 -0.19% 110,135
Trader
Investor
-
Global
-
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
36.75USD
Average target price
40.40USD
Spread / Average Target
+9.93%

Quarterly revenue - Rate of surprise

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