Independent bank corporation

Major-Banks

IBCP


4200 East Beltline
Grand Rapids , MI 49525

Executive/
Director

Price

  • Last Close
  • $ 34.55
    $ +0.11 0.32 %
    Jan 3, 2025
  • 52-Week High/Low
  • $34.78 - $17.68
  • YTD
  • -0.8%

  • Trading Volume
  • 2,813
  • Market Cap Full
  • $ 720M
  • Shares Outstanding
  • 20.8M
    Nov 2, 2023
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Q1 -4% -4.2% 3.2% 2.3% -5% 28% -7.7% -25.7% -2.8% -0.8%
Q2 0.3% 5.6% 14.1% -0.6% 4% -8.2% -12.4% -4.6% 3.5% -
Q3 16.6% 4.6% -8.1% -3.2% 8% 0.1% -1.9% 8.1% -2.6% -
Q4 29.8% -1% -11.9% 6.5% 46.9% 9.7% 26.5% 43.4% -6.7% -
J F M A M J J A S O N D
2025 -0.8% - - - - - - - - - - -
2024 -2.2% -3.9% 3.4% -3.7% 2.8% 1.9% 36.3% -2.6% - - - -
    2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
    19%46%5%-3%8%-18%29%0%9%34%-1%

Earnings

2016 2017 2018 2019 2020 2021 2022 2023
Q1 0.19 0.28 0.42 0.39 0.21 1 0.84 0.61
Q2 0.30 0.27 0.36 0.46 0.67 0.56 0.61 0.70
Q3 0.30 0.32 0.49 0.55 0.89 0.73 0.81 0.83
Q4 0.27 0.35 0.41 0.6 0.76 0.59 0.71 -
A 1.1 1.2 1.7 2 2.5 2.9 3 2.14

Annual Returns

52 Week
High/Low

Annual
Earnings

Chart

Trading Volume

Dividend +

Dividend +

2020 2021 2022 2023 2024 2025
Q1 0.20 0.21 0.22 0.23 0.24 0.26
Q2 0.20 0.21 0.22 0.23 0.24 -
Q3 0.20 0.21 0.22 0.23 0.24 -
Q4 0.20 0.21 0.22 0.23 0.24 -
A 0.8 0.84 0.88 0.92 0.96 0.26
2018 2019 2020 2021 2022 2023
Mar - 23.6 22.1 21.8 21.2 21.1
Jun 24.1 23.5 21.9 21.8 21 21.1
Sep 24.2 22.5 21.9 21.5 21.1 20.9
Dec 24.1 22.5 21.9 21.3 21.1 20.8

Financial Ratios

20222021202020192018
Asset Management
Inventory / Stock Turnover 0.3 - 0.1 0.3 0.2
Fixed Asset Turnover 0.2 0.1 0.2 0.3 0.3
Total Asset Turnover 0.1 0.1 0.1 0.1 0.1
Leverage
Interest Coverage 4.2 4.5 4.3 4.1 3.5
Debt Ratio 0.1 - - - -
Debt – Equity Ratio 0.5 0.3 0.3 0.4 0.2
Equity multiplier 3.6 3.8 3 1.8 1.6