Independent Bank Corporation (IBCP) Stock

About Independent Bank Corporation

Independent Bank Corporation is led by CEO Gavin A. Mohr, employs 732 people, headquartered in US, publicly traded since 1985.

Independent Bank Corporation (IBCP) stock trades at $36.98 with a market capitalization of $761.88M. The stock is valued at a price-to-earnings (P/E) ratio of 10.45, price-to-book of 1.42, price-to-sales of 2.37. Over the past 52 weeks the stock has ranged between $29.83 and $39.24, and currently trades 5.8% below its 52-week high. It pays a dividend yielding 3.08%.

On profitability, Independent Bank Corporation generates a return on equity (ROE) of 14.12%, return on capital employed of 12.51%, an operating margin of 25.71%, a net profit margin of 22.71%.

Independent Bank Corporation by the numbers, 2016–2025

Between 2016 and 2025 Independent Bank Corporation reported revenue of $124.0M rising to $315.0M, a change of +154.0% across 10 years. Compounded, revenue has grown 8.0% a year over five years, 12.0% over three, -0.3% over the last twelve months. Net profit rose to $69.0M.

Operating margin went from 26.5% in 2016 to 25.8% in 2025, essentially unchanged. The most recent net margin is 22.71%. On a trailing twelve-month basis to Jun '26, revenue is $316.0M and net profit $73.0M.

Borrowings rose from $45.0M to $117.0M, cash from operations was $77.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 15.4% over five years, and was 13.7% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Independent Bank Corporation (IBCP) — frequently asked questions