Independent Bank Corporation

19.11-0.1000-0.52%Vol 65.35K1Y Perf -17.27%
May 13th, 2022 16:00 DELAYED
BID18.56 ASK19.67
Open19.28 Previous Close19.21
Pre-Market- After-Market19.11
 - -  - -%
Target Price
23.00 
Analyst Rating
Moderate Buy 2.50
Potential %
20.36 
Finscreener Ranking
★★★★+     57.85
Insiders Trans % 3/6/12 mo.
100/100/-74 
Value Ranking
★★★★+     60.36
Insiders Value % 3/6/12 mo.
100/100/28 
Growth Ranking
★★★+     56.16
Insiders Shares Cnt. % 3/6/12 mo.
100/100/27 
Income Ranking
★★★★★     60.26
Price Range Ratio 52W %
4.24 
Earnings Rating
Neutral
Market Cap402.21M 
Earnings Date
26th Apr 2022
Alpha-0.01 Standard Deviation0.08
Beta1.01 

Today's Price Range

18.9819.38

52W Range

18.8126.00

5 Year PE Ratio Range

4.6028.50

Summary:

Sell

Technical Indicators: Neutral
Moving Averages: Strong Sell
Performance
1 Week
-1.80%
1 Month
-9.60%
3 Months
-20.18%
6 Months
-19.71%
1 Year
-17.27%
3 Years
-11.12%
5 Years
-9.22%
10 Years
544.11%

TickerPriceChg.Chg.%
IBCP19.11-0.1000-0.52
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WFC42.640.83001.99
JNJ176.85-1.0200-0.57
FB198.627.38003.86
GE75.051.77002.42
JPM119.091.05000.89
Earnings HistoryEstimateReportedSurprise %
Q01 20220.500.8468.00
Q04 20210.640.58-9.38
Q03 20210.620.7317.74
Q02 20210.700.56-20.00
Q01 20210.571.0075.44
Q04 20200.620.7724.19
Q03 20200.480.8985.42
Q02 20200.220.67204.55
Earnings Per EndEstimateRevision %Trend
6/2022 QR0.56-1.75Negative
9/2022 QR0.600.00-
12/2022 FY2.5113.06Positive
12/2023 FY2.515.02Positive
Next Report Date-
Estimated EPS Next Report0.50
Estimates Count4
EPS Growth Next 5 Years %-
Volume Overview
Volume65.35K
Shares Outstanding21.05K
Shares Float17.36M
Trades Count1.85K
Dollar Volume1.25M
Avg. Volume89.64K
Avg. Weekly Volume95.29K
Avg. Monthly Volume87.25K
Avg. Quarterly Volume86.39K

Independent Bank Corporation (NASDAQ: IBCP) stock closed at 19.11 per share at the end of the most recent trading day (a -0.52% change compared to the prior day closing price) with a volume of 65.35K shares and market capitalization of 402.21M. Is a component of indices and it is traded on NASDAQ exchange. The company belongs in the Banks industry, Financial Services sector and employs 994 people. Independent Bank Corporation CEO is William B. Kessel.

The one-year performance of Independent Bank Corporation stock is -17.27%, while year-to-date (YTD) performance is -19.94%. IBCP stock has a five-year performance of -9.22%. Its 52-week range is between 18.805 and 26, which gives IBCP stock a 52-week price range ratio of 4.24%

Independent Bank Corporation currently has a PE ratio of 7.20, a price-to-book (PB) ratio of 1.16, a price-to-sale (PS) ratio of 2.04, a price to cashflow ratio of 3.80, a PEG ratio of 2.32, a ROA of 1.32%, a ROC of -% and a ROE of 16.31%. The company’s profit margin is 29.36%, its EBITDA margin is -%, and its revenue ttm is $201.97 Million , which makes it $9.60 revenue per share.

Of the last four earnings reports from Independent Bank Corporation, there were 2 positive earnings surprise and 2 negative earnings surprise. The company has EPS estimate of $0.50 for the next earnings report. Independent Bank Corporation’s next earnings report date is -.

The consensus rating of Wall Street analysts for Independent Bank Corporation is Moderate Buy (2.5), with a target price of $23, which is +20.36% compared to the current price. The earnings rating for Independent Bank Corporation stock is Neutral (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Independent Bank Corporation has a dividend yield of 4.51% with a dividend per share of $0.88 and a payout ratio of 24.00%.

Independent Bank Corporation has a Sell technical analysis rating based on Technical Indicators (ADX : 15.49, ATR14 : 0.62, CCI20 : -99.50, Chaikin Money Flow : -0.12, MACD : -0.75, Money Flow Index : 19.75, ROC : -6.83, RSI : 29.31, STOCH (14,3) : 11.62, STOCH RSI : 0.05, UO : 39.66, Williams %R : -88.38), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Independent Bank Corporation in the last 12-months were: Dennis W. Archer (Buy at a value of $61 013), James J. Twarozynski (Option Excercise at a value of $0), Joel F. Rahn (Option Excercise at a value of $0), Larry R. Daniel (Option Excercise at a value of $0), Patrick J. Ervin (Option Excercise at a value of $0), Ronia Kruse (Buy at a value of $22 600), Stefanie M. Kimball (Option Excercise at a value of $0), Stefanie M. Kimball (Sold 2 310 shares of value $47 401 ), William B. Kessel (Option Excercise at a value of $0)

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
1 (25.00 %)
1 (25.00 %)
1 (25.00 %)
Moderate Buy
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Hold
3 (75.00 %)
3 (75.00 %)
3 (75.00 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingModerate Buy
2.50
Moderate Buy
2.50
Moderate Buy
2.50

Independent Bank Corporation

Independent Bank Corp (Ionia MI) operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers.

CEO: William B. Kessel

Telephone: +1 616 527-5820

Address: 4200 East Beltline, Grand Rapids 49525, MI, US

Number of employees: 994

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