IB

Independent Bank Corporation

IBCPFinancial ServicesNASDAQ

Banks - Regional · Last scanned Jul 18, 2026

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Financials · Annual
Revenue
$218.3M
+1.2% YoY
Net Income
$68.5M
+2.6% YoY

Scan Results

Daily timeframe
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DateIndicatorDetails
Jul 13 MACD Negative CrossoverHistogram -0.0556, negative momentum
Jul 11 MACD Negative CrossoverHistogram -0.0556, negative momentum
About Independent Bank Corporation

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. With a market capitalization of $750.3M, it sits in small-cap territory. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts.

Key stats
Market Cap$750.3M
P/E (TTM)10.90
Fwd P/E9.51
EPS$3.34
Beta0.70
52W Change+6.7%
Dividend Yield2.97%
ROE14.3%
Analysis

With $201.9M in cash and $89.7M in debt, IBCP maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Return on equity stands at 14.3%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.3% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $204.8M (2022) to $218.3M (2025).

The relatively low beta of 0.70 suggests IBCP is a less volatile holding compared to the broader index. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Independent Bank Corporation's trajectory.

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