Independent Bank Corp-MI (id:8088 IBCP)
39.39 USD
Opening hours: 09:30 - 16:00 (Eastern Standard Time: 11/25/2024 9:44:14 AM)
Exchange open, closes in 6 hours 15 minutes
About Independent Bank Corp-MI
Market Capitalization 804.42M
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services, as well as automatic teller machines, and internet and mobile banking services. In addition, it operates through branches, drive-thru facilities, and loan production offices. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
| Headquarters (address) |
4200 East Beltline Grand Rapids 49525 MI United States |
| Phone | 616 527 5820 |
| Website | https://www.independentbank.com |
| Employees | 741 |
| Sector | Financial Services |
| Industry | Banks Regional |
| Ticker | IBCP |
| Exchange | NASDAQ Stock Exchange |
| Currency | USD |
| 52 week range | 20.50 - 39.52 |
| Market Capitalization | 804.42M |
| Dividend yield forward | 2.49 % |
| Dividend yield forward United States (ID:6, base:1864) | 4.13 % |
| P/E trailing | 13.10 |
| P/E forward | 12.66 |
| Price/Sale | 3.86 |
| Price/Book | 1.78 |
| Beta | 0.978 |
| EPS | 2.94 |
| EPS United States (ID:6, base:3413) | 24.15 |
Dividend growth streak
Independent Bank Corp-MI has raised their dividend 8.00 years in a row. This is above the 4.478450 year average in the 'Banks Regional' industry
Forward Annual Dividend Yield
Forward Annual Dividend Yield: Independent Bank Corp-MI has raised their dividend 2.49 years in a row. This is below the 41483.148000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 3 Years
Compound Average Growth Rate 3 Years: Independent Bank Corp-MI has raised their dividend 4.77 years in a row. This is below the 24.033000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 5 Years
Compound Average Growth Rate 5 Years: Independent Bank Corp-MI has raised their dividend 8.92 years in a row. This is below the 12.576000 year average in the 'Banks Regional' industry
Payout Ratio
Payout Ratio: Independent Bank Corp-MI has raised their dividend 32.31 years in a row. This is below the 147.834600 year average in the 'Banks Regional' industry
Dividend growth streak
Independent Bank Corp-MI has raised their dividend 8.00 years in a row. This is above the 4.478450 year average in the 'Banks Regional' industry
Forward Annual Dividend Yield
Forward Annual Dividend Yield: Independent Bank Corp-MI has raised their dividend 2.49 years in a row. This is below the 41483.148000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 3 Years
Compound Average Growth Rate 3 Years: Independent Bank Corp-MI has raised their dividend 4.77 years in a row. This is below the 24.033000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 5 Years
Compound Average Growth Rate 5 Years: Independent Bank Corp-MI has raised their dividend 8.92 years in a row. This is below the 12.576000 year average in the 'Banks Regional' industry
Payout Ratio
Payout Ratio: Independent Bank Corp-MI has raised their dividend 32.31 years in a row. This is below the 147.834600 year average in the 'Banks Regional' industry