Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Independent Bank Corporation (IBCP:NASDAQ), powered by AI.
Independent Bank Corporation is currently trading at $34.70. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for Independent Bank Corporation on Alpha Lenz.
Independent Bank Corporation's P/E ratio is 10.5.
“Independent Bank Corporation trades at a P/E of 10.5 (undervalued) with solid ROE of 14.3%.”
Ask for details →Independent Bank Corp. is a financial holding entity principally engaged in providing a wide range of commercial banking services, predominantly in Michigan. Through its subsidiary, Independent Bank, the company offers services that include credit and deposit solutions geared towards both individuals and businesses. Among its services are savings and checking accounts, commercial and consumer loans, mortgage lending, and other financial products. A notable feature of Independent Bank Corp. is its local focus, which enables it to provide personalized services tailored to the financial needs of its community-based clientele. The institution plays a crucial role in fueling regional economic growth by supporting small to medium-sized enterprises through tailored financing options. As a fixture in the financial sector, Independent Bank Corp. contributes to the stability and liquidity in its served markets, addressing the banking needs of both urban and rural areas while promoting financial inclusion and economic development in its localities.
“Independent Bank Corporation trades at a P/E of 10.5 (undervalued) with solid ROE of 14.3%.”
Ask for details →Independent Bank Corporation (ticker: IBCP) is a company listed on NASDAQ in the Financial Services sector (Banks - Regional). It has approximately 732 employees. Market cap is $721M.
The current price is $34.7 with a P/E ratio of 10.52x and P/B of 1.43x.
ROE is 14.31%. Annual revenue is $218M.