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Independent Bank Corporation  (NASDAQ: IBCP)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Independent Bank Corporation

IBCP's Fundamental analysis








Looking into Independent Bank growth rates, revenue grew by 10.89 % in the third quarter of 2025 from the same quarter a year ago. Ranking at No. 1098

Regional Banks industry recorded growth of revenues by 9.66 %

Independent Bank's net income grew by 26.73 % in third quarter of 2025 year on year, above company average,

More on IBCP's Growth


Independent Bank
current PE on trailing twelve month basis is below Regional Banks industry average.

Independent Bank PEG ratio is at 0.89 Company is currently trading with Price to Cash flow multiple of 7.29 in trailing twelve-month period.
Company
9.36
PE TTM   
Industry
19.42
PE TTM    
Company's Price to Sales ratio is at 2.85.
Regional Banks industry's Price to Sales ratio is at 3.23.


More on IBCP's Valuation
 
 Total Debt (Millions $) 42
 Dividend TTM ($) 1.01 $
 Dividend Yield TTM (%) 3.38 %
 Revenue/Employee (TTM) $ 365,993
 Net Income/Employee (TTM) $ 112,365
 Receivable Turnover (TTM) -
 Tangible Book Value (Per Share $) 22.14

Independent Bank
current PE on trailing twelve month basis is below Regional Banks industry average.

Independent Bank PEG ratio is at 0.89 Company is currently trading with Price to Cash flow multiple of 7.29 in trailing twelve-month period.
Company
9.36
PE TTM   
Industry
19.42
PE TTM    
Company's Price to Sales ratio is at 2.85.
Regional Banks industry's Price to Sales ratio is at 3.23.

Independent Bank Price to Book Ratio is at 1.29 lower than Industry Avg. of 53.18. and higher than S&P 500 Avg. of 0.02

More on IBCP's Valuation

  Market Capitalization (Millions $) 635
  Shares Outstanding (Millions) 21
  Employees 609
  Revenues (TTM) (Millions $) 223
  Net Income (TTM) (Millions $) 68
  Cash Flow (TTM) (Millions $) 87
  Capital Exp. (TTM) (Millions $) -9
  Total Debt (Millions $) 42
  Dividend TTM ($) 1.01 $
  Dividend Yield TTM (%) 3.38 %
  Revenue/Employee (TTM) $ 365,993
  Net Income/Employee(TTM) $ 112,365
  Receivable Turnover Ratio (TTM) -
  Tangible Book Value (Per Share $) 22.14

  Market Capitalization (Millions $) 635
  Shares Outstanding (Millions) 21
  Employees 609
  Revenues (TTM) (Millions $) 223
  Net Income (TTM) (Millions $) 68
  Cash Flow (TTM) (Millions $) 87
  Capital Exp. (TTM) (Millions $) -9


    IBCP's Profitability Comparisons
Independent Bank achieved increase in profitability, due to increase in demand and cost control. Operating Margin grew in third quarter of 2025 to 38.29 % from 37.98 % in II. Quarter.

Independent Bank net profit margin of 31.65 % is currently ranking no. 42 in Regional Banks industry, ranking no. 128 in Financial sector and number 196 in S&P 500.


Profitability by Segment
Total 31.65 %



  Ratio
   Capital Ratio (MRQ) 0.85
  Total Debt to Equity (MRQ) 0.09
  Tangible Leverage Ratio (MRQ) 21.38
  Asset Turnover Ratio (TTM) 0.04
  Inventory Turnover Ratio (TTM) -



Independent Bank achieved increase in profitability, due to increase in demand and cost control. Operating Margin grew in third quarter of 2025 to 38.29 % from 37.98 % in II. Quarter.

Independent Bank net profit margin of 31.65 % is currently ranking no. 42 in Regional Banks industry, ranking no. 128 in Financial sector and number 196 in S&P 500.

More on IBCP's Key Ratios





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