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IBCP

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Independent Bank Corp.

37.37
USD
Sponsored
+0.36
+0.97%
Sep 04, 15:59 UTC -4
Closed
exchange

After-Market

37.37

0.00
0.00%

Independent Bank Corp. Profile

About

Independent Bank Corporation is a bank holding company which provides a full range of financial services, including commercial banking, consumer banking, mortgage lending and investment services. Independent Bank Corporation, formerly known as INDEP BK MICH, is based in GRAND RAPIDS, Mich.

Info & Links

CEO

William B. Kessel

Headquarters

4200 E BELTLINE
GRAND RAPIDS, MI 49525, UNITED STATES

Industry

Banks Northeast

Sector

Finance

Website

www.independentbank.com

Auditor

Crowe LLP

Share holders

1,100

Employees

826

Independent Bank Corp. Statistics

Valuation Measures

Market Capitalization2

829.59M

Enterprise Value

996.49M

Enterprise Value/EBITDA(ttm)

--

Price to Earnings Ratio(ttm)

10.86

Price to Sales(ttm)

2.58

Price to Book(mrq)

1.57

Price to Cash(ytd)

9.86

Profitability

Gross Margin(ttm)

0.00%

Operating Margin(ttm)

22.32%

Profit Margin(ttm)

31.12%

Return on Equity(ttm)

14.12%

Return on Invested Capital(ttm)

11.91%

Return on Assets(ttm)

1.29%

Income Statement

Revenue(ttm)

0.00

Revenue Per Share(ttm)

0.00

Gross Profit(ttm)

0.00

EBITDA(ttm)3

0.00

Net Income Available to Common(ttm)

71.75M

Diluted EPS(ttm)

3.44

Share Statistics

Beta (5Y Monthly)

0.70

52-Week Change

13.86%

S&P 500 52-Week Change

19.68%

S&P 500 Member

No

Stock Optionable

Yes

Total Shares Outstanding1

22.20M

Dividend Yield

3.00%

Float4

20.89M

% Held by Insiders

5.91%

% Held by Institutions

79.43%

Balance Sheet

Total Cash(mrq)

0.00

Total Cash Per Share(mrq)

0.00

Total Debt(mrq)

166.90M

Total Debt/Equity(mrq)

31.59%

Current Ratio(mrq)

--

Quick Ratio(mrq)

0.94%

Book Value Per Share(mrq)

25.65

Cash Flow

Operating Cash Flow Per Share(ytd)

0.53

Free Cash Flow(ytd)

3.00M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. All numbers are rounded to the closest decimal.

  • 1 Total Shares outstanding is taken from the most recently filed quarterly or annual report.
  • 2 Market Cap is calculated using total shares outstanding and the most recent share price.
  • 3 EBITDA is calculated using methodology that may differ from that used by a company in its reporting.
  • 4 The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.
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