Independent Bank Stock Price (NASDAQ:IBCP)

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$24.65 $0.65 (2.71%) IBCP stock closing price Apr 23, 2018 (Closing)
Prev Close* : $24
Market Cap:
$512.96M
Day Low: $24
52 Week Low: $18.50
Open: $24.05
Volume: -
Day High: $24.8
52 Week High: $24.80
Dividend:
0.60

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Independent Bank News - From Partners

IBCP Stockcharts

View IBCP PE ratio, PS ratio stocks charts and compare with peers.
IBCP Chart
Note: Compare Independent Bank stock price history with the index and industry peers.

Independent Bank Valuation

PE ratio
(price earnings ratio)
25.95
PS ratio (
price to sales ratio
)
3.73
PB ratio (
price to book ratio
)
2.02

Independent Bank Returns

ROE
(return on equity)
8%

Independent Bank Financial Ratios

Asset Turnover
0.05
Receivables Turnover
0.08
Debt to Equity
0.34
Dividend Yield
1.7%

IBCP Industry Peers

Company Price Change (%)
Mercantile Bank (MBWM)35.760.29 (0.82%)
First Financial Corporation (THFF)43.950.25 (0.57%)
Mackinac Financial (MFNC)16.10.03 (0.19%)
Southern Michigan Bancorp (SOMC)35.50.5 (1.39%)
Mackinac Financial (MFNC)16.10.03 (0.19%)
Community Shores Bank (CSHB)2.90.1 (3.33%)
Community Shores Bank (CSHB)2.90.1 (3.33%)

Top Stock Gainers

show top losers
CompanyPriceChange (%)
TCF Financial (TCF)24.341.65 (7.27%)
Old National Bancorp (ONB)17.70.9 (5.36%)
Independent Bank (IBCP)24.650.65 (2.71%)
First Financial Bancorp. (FFBC)31.40.6 (1.95%)
UMB Financial (UMBF)76.21.34 (1.79%)
Huntington Bancshares (HBAN)15.010.26 (1.76%)
Peoples Bancorp (PEBO)36.670.57 (1.58%)
Top gainers from Banks-Midwest industry
* As of Apr 24, 2018
CompanyPriceChange (%)
German American Bancorp (GABC)34.720.23 (0.66%)
Civista Bancshares (CIVB)23.250.07 (0.3%)
First Business Financial (FBIZ)25.810.07 (0.27%)
Eagle Bancorp Montana (EBMT)20.850.05 (0.24%)
MidWestOne Financial (MOFG)33.550.01 (0.03%)
Top losers from Banks-Midwest industry
* As of Apr 24, 2018

Independent Bank Corporation(MI) Stock News - Partner Headlines

Independent Bank Financial Statements

income statement20172016201520142013
Net Sales or Revenues140.84M128.82M120.97M119.33M131.95M
Net Income20.47M22.76M20.01M18.02M77.5M
Total Operating Expense92.99M89.03M85.73M86.81M100.13M
View Independent Bank income statement
balance sheet20172016201520142013
Total Assets2.79B2.55B2.41B2.25B2.21B
Total Liabilities2.52B2.3B2.16B2B1.98B
Shareholders Equity264.93M248.98M251.09M250.37M231.58M
View Independent Bank balance sheet
cash flow statement20172016201520142013
Net Increase (Decrease) in Assets Liabilities-6.91M-14.63M-7.02M-13.81M31.35M
Net Cash from (used by) Operating Activities38.6M23.98M24.03M13.07M52.07M
Increase (Decrease) in Prop Plant And Equipment-4.21M-3.04M-3.79M-3.98M-8.31M
View Independent Bank cash flow statement

Independent Bank Stock Message Board

Independent Bank stock gained 2.71%, and the last close price as of Apr 23, 2018 is $24.65 for IBCP stock. Stock price or share price can be used to find the total market value of a company. Independent Bank market cap stands at $512.96M as of Apr 23, 2018. Independent Bank valuation can be guaged using various valuation metrics like the price to earnings ratio.

Demand for a stock decides its stock market price. For example, if more investors want to buy IBCP stock than sell it, then Independent Bank stock price goes up. Conversely, if more investors wanted to sell IBCP stock than buy it, there would be greater supply than demand, and the stock price would fall. 201,210 shares were traded with a closing stock price of $24.65 as of Apr 23, 2018, as can be seen from Independent Bank stock quote. One can view Independent Bank stock chart to follow the stock price trend. The board of directors decide what percentage of a company's earnings will be paid out as dividends. Independent Bank stock dividend was 0.60 during the last quarter. To check the historical stock price movement, all time high, and all time low of IBCP, view Independent Bank stock price history.