IBCP Stock Forecast, Price Targets, Chart, Dividends & Analysis
Independent Bank Corporation
IBCP 
NGS
Sector: Financial Services
Industry: Banks - Regional - US
37.72
USD
0.65
(1.75%)
Previous close: 37.07 Open: 37.26 Bid: 30.26 Ask: 60.4
52 week range
20.50 39.52
Mkt Cap: 779 M Avg Vol (90 Days): 101,670
Last updated: Friday 22nd November 2024
Metrics
Valuation
Price per Sales TTM ($) | 3.86 |
Price per Book TTM ($) | 1.71 |
PE Ratio (TTM) | 12.79 |
Book Value per Share ($) | 21.65 |
5 Year PE Range | NA , NA |
Returns
7 Day Return | -0.53% | |
1 Month Return | 12.53% | |
3 Month Return | 9.91% | |
1 Year Return | 80.16% | |
3 Year Return | 79.83% | |
5 Year Return | 104.44% | |
YTD Return | 44.97% |
Risk
Dividends
Financial Health
Technicals
RSI (14 Day) | 61.24 |
14 Day SMA ($) | 37.04 |
14 Day EMA ($) | 36.81 |
Money Flow Index | 62.48 |
Average True Range | 1.24 |
50 Day SMA ($) | 34.25 |
200 Day SMA ($) | 28.87 |
ADX | 29.93 |
MACD | -1.02 |
Growth
Free Cash Flow QoQ Growth | 0.00% |
Free Cash Flow YoY Growth | 0.00% |
Revenue YoY Growth | 0.00% |
EPS QoQ Growth | 0.00% |
Revenue QoQ Growth | 0.00% |
EPS YoY Growth | 0.00% |
Profitability
Financials
IBCP Income Statement
Annual
| Invalid date | Dec-22 | Dec-23 | |
|---|---|---|---|
| Amortization of intangibles | 800000.0 | 500000.0 | |
| Basic EPS from continuing operations | 3.0 | 2.82 | |
| Basic EPS total | 3.0 | 2.82 | |
| Basic weighted shares outstanding | 21 M | 21 M | |
| CreditLossesProvision | 5 M | 6 M | |
| Depreciation | 5 M | 5 M | |
| DepreciationAndAmortization | 5 M | 5 M | |
| Diluted EPS total | 2.97 | 2.79 | |
| Diluted normalized net income/share | 2.97 | 2.79 | |
| Diluted weighted shares outstanding | 21 M | 21 M | |
| Dividends paid per share | 0.88 | 0.92 | |
| Equipment | 4 M | 4 M | |
| GeneralAndAdministrativeExpense | 2 M | 3 M | |
| Income before tax | 78 M | 74 M | |
| Income taxes | 14 M | 15 M | |
| InsuranceAndClaims | 2 M | 3 M | |
| Interest expense | 19 M | 83 M | |
| InterestExpenseForDeposit | 14 M | 75 M | |
| InterestExpenseForLongTermDebt | 200000.0 | 2 M | |
| InterestExpenseForLongTermDebtAndCapitalSecurities | 200000.0 | 2 M | |
| InterestExpenseForShortTermDebt | 5 M | 8 M | |
| InterestIncome | 169 M | 240 M | |
| InterestIncomeAfterProvisionForLoanLoss | 144 M | 150 M | |
| InterestIncomeFromInvestmentSecurities | 29 M | 37 M | |
| InterestIncomeFromLoans | 139 M | 198 M | |
| InterestIncomeFromLoansAndLease | 139 M | 198 M | |
| InterestIncomeFromSecurities | 29 M | 37 M | |
| Net income from total operations | 63 M | 59 M | |
| NetIncomeCommonStockholders | 63 M | 59 M | |
| NetIncomeContinuousOperations | 63 M | 59 M | |
| NetInterestIncome | 150 M | 156 M | |
| NetOccupancyExpense | 9 M | 8 M | |
| NonInterestExpense | 128 M | 127 M | |
| NonInterestIncome | 62 M | 51 M | |
| Normalized income | 93 M | 75 M | |
| OccupancyAndEquipment | 13 M | 12 M | |
| Other special charges | 31 M | 17 M | |
| OtherGandA | 2 M | 3 M | |
| OtherInterestExpense | 19 M | 83 M | |
| OtherInterestIncome | 884000.0 | 5 M | |
| OtherNonInterestExpense | -7 M | -8 M | |
| OtherNonInterestIncome | 56 M | 43 M | |
| ProfessionalExpenseAndContractServicesExpense | 2 M | 2 M | |
| PromotionAndAdvertising | 2 M | 2 M | |
| Revenue per share | 800000.0 | 500000.0 | |
| SalariesAndWages | 81 M | 79 M | |
| Selling Gen & administrative expense | 85 M | 84 M | |
| SellingAndMarketingExpense | 2 M | 2 M | |
| Special income/charges | 7 M | 8 M | |
| Total common shares outstanding | 21 M | 21 M | |
| Total net income | 63 M | 59 M | |
| Total ordinary shares | 21 M | 21 M | |
| Total revenues | 211 M | 200 M | |
| TotalRevenue | 211 M | 200 M |
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