IBCP Stock Price, Chart, Stats & News

Independent Bank Corporation
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Fundamentals
Gross margin | 69.13% |
Operating margin | 26.24% |
Pretax margin | 26.24% |
Net margin | 22.12% |
Effective tax rate | 15.68% |
ROA | 1.24% |
ROE | 14.20% |
D/E | 0.23x |
Interest coverage ratio | 0.91x |
IBCP valuation
P/E | 10.81x |
P/S | 2.15x |
P/B | 1.33x |
P/CF | 8.73x |
P/FCF | 9.51x |
P/OCF | 8.73x |
PEG | 16.01x |
EV multiple | 6.79x |
About
As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities.
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