IBCP
NASDAQ
$36.49
Independent Bank Corporation (Ionia MI) (IBCP)
Independent Bank Corporation is the bank holding company of Independent Bank providing various banking services to individuals and businesses. The company is headquartered in Grand Rapids, Michigan.
Sector:
Financial Services
Industry:
Banks - Regional
Hold
Target: $38.30 (+4.96%)
Market Cap
$747M
Profit Margin
31.1%
P/E Ratio
10.72
Free Cash Flow Yield
3.46%
Price Chart
Valuation
Market Cap$747M
P/E10.72
Forward P/E12.05
PEG1.62
P/S3.29
P/B1.46
Profitability
Total Revenue (TTM)$32M
Gross Profit (TTM)$225M
EBITDA$87M
Profit Margin31.1%
EPS$3.38
Financial Health
Free Cash Flow Yield3.46%
Dividend Yield2.81%
Growth & Risk
EPS 5Y CAGR+0.15%
Revenue 5Y CAGR+6.19%
FCF 5Y CAGR-16.96%
Dividends 5Y CAGR+5.61%
Beta (5Y)0.73
Sharpe Ratio0.35