Independent Bank Corporation (IBCP)Financial Services | Banks - Regional | Grand Rapids, United States | NasdaqGS
34.79 USD
+0.79
(2.324%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 34.79 Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 3:24 p.m. EDT
IBCP appears to be a reasonably stable investment with a solid dividend yield and a relatively low overall risk profile. The recent price movements have been volatile, but the stock has shown resilience, hovering around its 52-week range. The dividend history is consistent, with a payout ratio that suggests sustainability. While the short-term forecast indicates a modest upward movement, the long-term outlook is positive due to the company's fundamentals and the potential for growth. Investors should consider the recent options activity as a sign of cautious optimism, and the current price may present a good entry point for those looking to buy and hold. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.034123 |
| AutoARIMA | 0.034123 |
| MSTL | 0.034169 |
| AutoTheta | 0.051844 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.172 |
| Excess Kurtosis | -1.37 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-02-02 |
| Last Dividend Date | 2026-02-02 |
| Revenue per Share | 10.575 |
| Market Cap | 716,182,464 |
| Trailing P/E | 10.64 |
| Forward P/E | 9.20 |
| Beta | 0.75 |
| Profit Margins | 31.22% |
| Website | https://www.independentbank.com |
As of April 11, 2026, 3:24 p.m. EDT: Options speculators are showing mixed signals. For calls, there is a concentration of open interest and volume around the 35 strike, suggesting some bullish sentiment, particularly for the near-term expirations. However, the implied volatility is low, which might indicate a lack of conviction or uncertainty about future price movements. On the puts side, there is significant volume and open interest around the 30 strike, indicating some bearish sentiment or hedging activity. The presence of ATM anchors in both calls and puts suggests that traders are closely monitoring the current price level. Overall, the options activity reflects a cautious outlook with a slight bias towards the upside, but with limited volatility expectations.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.77% | 3.36% | 3.92% | 4.17% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-02-03 | 0.280000 | 0.770925 |
| 2025-11-04 | 0.260000 | 0.866178 |
| 2025-08-05 | 0.260000 | 0.873630 |
| 2025-05-05 | 0.260000 | 0.850590 |
| 2025-02-04 | 0.260000 | 0.743551 |
| 2024-11-05 | 0.240000 | 0.753514 |
| 2024-08-05 | 0.240000 | 0.806752 |
| 2024-05-02 | 0.240000 | 1.012955 |
| 2024-02-02 | 0.240000 | 1.031823 |
| 2023-11-02 | 0.230000 | 1.220037 |
| 2023-08-03 | 0.230000 | 1.212644 |
| 2023-05-04 | 0.230000 | 1.617522 |
| 2023-02-15 | 0.230000 | 1.134599 |
| 2022-11-03 | 0.220000 | 1.109113 |
| 2022-08-04 | 0.220000 | 1.230350 |
| 2022-05-04 | 0.220000 | 1.241669 |
| 2022-02-03 | 0.220000 | 1.058868 |
| 2021-11-04 | 0.210000 | 1.061178 |
| 2021-08-05 | 0.210000 | 1.194411 |
| 2021-05-04 | 0.210000 | 1.059231 |
| 2021-02-04 | 0.210000 | 1.243359 |
| 2020-11-04 | 0.200000 | 1.652395 |
| 2020-08-03 | 0.200000 | 1.792269 |
| 2020-05-04 | 0.200000 | 1.760921 |
| 2020-02-04 | 0.200000 | 1.165317 |
| 2019-11-05 | 0.180000 | 1.003487 |
| 2019-08-05 | 0.180000 | 1.169819 |
| 2019-05-03 | 0.180000 | 1.074297 |
| 2019-02-04 | 0.180000 | 1.063419 |
| 2018-11-02 | 0.150000 | 0.875718 |
| 2018-08-03 | 0.150000 | 0.819940 |
| 2018-05-04 | 0.150000 | 0.852782 |
| 2018-02-06 | 0.150000 | 0.892238 |
| 2017-11-03 | 0.120000 | 0.720100 |
| 2017-08-03 | 0.100000 | 0.659927 |
| 2017-05-04 | 0.100000 | 0.619754 |
| 2017-02-06 | 0.100000 | 0.645839 |
| 2016-11-03 | 0.100000 | 0.833966 |
| 2016-08-04 | 0.080000 | 0.710035 |
| 2016-05-04 | 0.080000 | 0.760526 |
| 2016-02-03 | 0.080000 | 0.758469 |
| 2015-11-05 | 0.080000 | 0.772403 |
| 2015-08-05 | 0.060000 | 0.592976 |
| 2015-05-01 | 0.060000 | 0.651392 |
| 2015-02-04 | 0.060000 | 0.692664 |
| 2014-11-05 | 0.060000 | 0.705597 |
| 2014-08-01 | 0.060000 | 0.672920 |
| 2014-04-28 | 0.060000 | 0.686041 |
| 2009-10-01 | 0.100000 | 0.928509 |
| 2009-07-01 | 0.100000 | 1.239332 |
| 2009-04-02 | 0.100000 | 0.663421 |
| 2008-12-31 | 0.100000 | 0.690756 |
| 2008-10-02 | 0.100000 | 0.215749 |
| 2008-07-02 | 0.100000 | 0.406946 |
| 2008-04-02 | 1.100000 | 1.526505 |
| 2008-01-02 | 2.100000 | 3.537302 |
| 2007-10-03 | 2.100000 | 2.934760 |
| 2007-07-02 | 2.100000 | 1.962112 |
| 2007-04-03 | 2.100000 | 1.692889 |
| 2007-01-03 | 2.000000 | 1.292330 |
| 2006-10-03 | 1.900000 | 1.288335 |
| 2006-06-30 | 1.904762 | 1.252601 |
| 2006-04-03 | 1.904762 | 1.154150 |
| 2006-01-03 | 1.809524 | 1.157323 |
| 2005-10-03 | 1.809524 | 1.109649 |
| 2005-06-30 | 1.723356 | 1.131881 |
| 2005-04-01 | 1.723356 | 1.143761 |
| 2005-01-03 | 1.541950 | 1.010200 |
| 2004-10-01 | 1.541950 | 1.084298 |
| 2004-07-01 | 1.451247 | 1.116931 |
| 2003-12-31 | 1.451247 | 0.986483 |
| 2003-10-02 | 1.451247 | 1.007918 |
| 2003-07-01 | 1.319316 | 1.094556 |
| 2003-04-02 | 1.154401 | 1.227221 |
| 2003-01-02 | 1.154401 | 1.224305 |
| 2002-10-02 | 0.989487 | 0.975927 |
| 2002-07-02 | 0.942368 | 1.058685 |
| 2002-04-03 | 0.942368 | 1.113747 |
| 2002-01-03 | 0.942368 | 1.197337 |
| 2001-10-03 | 0.837661 | 1.151348 |
| 2001-07-02 | 0.797772 | 1.263616 |
| 2001-04-03 | 0.797772 | 1.525898 |
| 2001-01-03 | 0.747911 | 1.451535 |
| 2000-10-03 | 0.747911 | 1.672001 |
| 2000-06-30 | 0.712297 | 2.122529 |
| 2000-04-03 | 0.712297 | 2.196252 |
| 2000-01-03 | 0.664810 | 1.990125 |
| 1999-10-01 | 0.664810 | 1.913736 |
| 1999-06-30 | 0.633152 | 1.612093 |
| 1999-03-31 | 0.633152 | 1.772110 |
| 1998-12-31 | 0.587927 | 1.306554 |
| 1998-06-30 | 0.373287 | 0.605079 |
| 1998-04-02 | 0.559931 | 1.004387 |
| 1997-12-31 | 0.531216 | 0.943006 |
| 1997-10-01 | 0.531216 | 1.222658 |
| 1997-07-01 | 0.505920 | 1.354273 |
| 1997-04-02 | 0.337280 | 1.018825 |
| 1997-01-02 | 0.474015 | 1.625446 |
| 1996-10-02 | 0.474015 | 1.890614 |
| 1996-07-02 | 0.451443 | 1.907622 |
| 1996-04-02 | 0.451443 | 2.038967 |
| 1996-01-03 | 0.416717 | 1.908132 |
| 1995-10-03 | 0.416717 | 1.933368 |
| 1995-07-03 | 0.416717 | 2.052186 |
| 1995-03-30 | 0.416717 | 2.154795 |
| 1994-12-29 | 0.347264 | 1.908492 |
| 1994-09-29 | 0.347264 | 1.986780 |
| 1994-06-28 | 0.347264 | 2.071861 |
| 1994-03-29 | 0.347264 | 2.355293 |
| 1993-12-30 | 0.260448 | 1.762235 |
| 1993-09-29 | 0.260448 | 1.753631 |
| 1993-06-29 | 0.260448 | 1.872433 |
| 1993-03-30 | 0.260448 | 1.575364 |
| 1992-12-29 | 0.225722 | 1.688037 |
| 1992-09-29 | 0.225722 | 2.076766 |
| 1992-06-29 | 0.225722 | 2.110942 |
| 1992-03-31 | 0.225722 | 2.221748 |
| 1991-12-30 | 0.199677 | 2.615471 |
| 1991-09-30 | 0.199677 | 2.834878 |
| 1991-06-28 | 0.199677 | 3.355156 |
| 1991-04-01 | 0.199677 | 3.398583 |
| 1990-10-01 | 0.190995 | 4.271811 |
| 1990-06-28 | 0.190995 | 3.908320 |
| 1990-03-30 | 0.190995 | 3.775217 |
| 1989-12-29 | 0.190995 | 3.493711 |
| 1989-09-29 | 0.190995 | 3.347005 |
| 1989-06-28 | 0.190995 | 3.637739 |
| 1989-03-30 | 0.190995 | 3.906739 |
| 1988-12-29 | 0.173632 | 3.345816 |
| 1988-09-29 | 0.217040 | 4.712602 |
| 1988-06-28 | 0.173632 | 3.957587 |
| 1988-04-04 | 0.173632 | 4.295702 |
| 1988-01-04 | 0.173632 | 4.357959 |
| 1987-10-05 | 0.217040 | 4.689063 |
| 1987-07-06 | 0.173632 | 3.591308 |
| 1987-04-06 | 0.173632 | 3.260227 |
| 1987-01-05 | 0.173632 | 3.823407 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.16005337 |
| Address1 | 4,200 East Beltline |
| All Time High | 286.712 |
| All Time Low | 1.0 |
| Ask | 44.24 |
| Ask Size | 2 |
| Audit Risk | 7 |
| Average Daily Volume10 Day | 166,360 |
| Average Daily Volume3 Month | 182,280 |
| Average Volume | 182,280 |
| Average Volume10Days | 166,360 |
| Beta | 0.752 |
| Bid | 25.02 |
| Bid Size | 2 |
| Board Risk | 2 |
| Book Value | 24.476 |
| City | Grand Rapids |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 34.79 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 35.4 |
| Day Low | 34.39 |
| Display Name | Independent Bank |
| Dividend Date | 1,770,940,800 |
| Dividend Rate | 1.12 |
| Dividend Yield | 3.22 |
| Earnings Call Timestamp End | 1,776,956,400 |
| Earnings Call Timestamp Start | 1,776,956,400 |
| Earnings Growth | 0.024 |
| Earnings Quarterly Growth | 0.006 |
| Earnings Timestamp | 1,776,947,400 |
| Earnings Timestamp End | 1,776,947,400 |
| Earnings Timestamp Start | 1,776,947,400 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 3.154 |
| Enterprise Value | 692,347,008 |
| Eps Current Year | 3.494 |
| Eps Forward | 3.78 |
| Eps Trailing Twelve Months | 3.27 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,770,076,800 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 34.5096 |
| Fifty Day Average Change | 0.28039932 |
| Fifty Day Average Change Percent | 0.008125255 |
| Fifty Two Week Change Percent | 16.005337 |
| Fifty Two Week High | 37.39 |
| Fifty Two Week High Change | -2.5999985 |
| Fifty Two Week High Change Percent | -0.06953727 |
| Fifty Two Week Low | 29.61 |
| Fifty Two Week Low Change | 5.1800003 |
| Fifty Two Week Low Change Percent | 0.1749409 |
| Fifty Two Week Range | 29.61 - 37.39 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 494,688,600,000 |
| Five Year Avg Dividend Yield | 3.7 |
| Float Shares | 20,032,764 |
| Forward Eps | 3.78 |
| Forward P E | 9.203704 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 735 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.0 |
| Gross Profits | 219,524,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.05135 |
| Held Percent Institutions | 0.85721 |
| Implied Shares Outstanding | 20,585,870 |
| Industry | Banks - Regional |
| Industry Disp | Banks - Regional |
| Industry Key | banks-regional |
| Ir Website | http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=100319 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,770,076,800 |
| Last Dividend Value | 0.28 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,283,299,200 |
| Last Split Factor | 1:10 |
| Long Business Summary | 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. |
| Long Name | Independent Bank Corporation |
| Market | us_market |
| Market Cap | 716,182,464 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_279675 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 68,541,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 716,182,382 |
| Number Of Analyst Opinions | 5 |
| Open | 34.39 |
| Operating Cashflow | 76,662,000 |
| Operating Margins | 0.37546003 |
| Overall Risk | 3 |
| Payout Ratio | 0.318 |
| Peg Ratio | 1.4 |
| Phone | 616 363 1207 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 34.79 |
| Post Market Time | 1,776,456,605 |
| Previous Close | 34.0 |
| Price Eps Current Year | 9.957069 |
| Price Hint | 2 |
| Price To Book | 1.4213924 |
| Price To Sales Trailing12 Months | 3.2624335 |
| Profit Margins | 0.31223 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.790001 |
| Regular Market Change Percent | 2.32353 |
| Regular Market Day High | 35.4 |
| Regular Market Day Low | 34.39 |
| Regular Market Day Range | 34.39 - 35.4 |
| Regular Market Open | 34.39 |
| Regular Market Previous Close | 34.0 |
| Regular Market Price | 34.79 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 191,565 |
| Return On Assets | 0.01264 |
| Return On Equity | 0.14315 |
| Revenue Growth | -0.056 |
| Revenue Per Share | 10.575 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 20,585,869 |
| Shares Percent Shares Out | 0.0313 |
| Shares Short | 644,457 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 388,147 |
| Short Name | Independent Bank Corporation |
| Short Percent Of Float | 0.033299997 |
| Short Ratio | 2.95 |
| Source Interval | 15 |
| State | MI |
| Symbol | IBCP |
| Target High Price | 39.0 |
| Target Low Price | 35.0 |
| Target Mean Price | 37.0 |
| Target Median Price | 37.0 |
| Total Cash | 167,871,008 |
| Total Cash Per Share | 8.154 |
| Total Debt | 143,946,000 |
| Total Revenue | 219,524,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.04 |
| Trailing Annual Dividend Yield | 0.030588234 |
| Trailing Eps | 3.27 |
| Trailing P E | 10.639144 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 33.00465 |
| Two Hundred Day Average Change | 1.7853508 |
| Two Hundred Day Average Change Percent | 0.054093916 |
| Type Disp | Equity |
| Volume | 191,565 |
| Website | https://www.independentbank.com |
| Zip | 49,525 |