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Independent Bank Corp-MI

Closed

SectorFinance

38.32 0.55

Overview

Share price change

24h

Current

Min

37.25

Max

38.4

Key metrics

By Trading Economics

Income

1.9M

19M

Sales

8M

83M

P/E

Sector Avg

11.017

21.473

EPS

0.9

Dividend yield

2.84

Profit margin

22.759

Employees

735

EBITDA

108K

23M

Recommendations

By TipRanks

Recommendations

Neutral

12 Months Forecast

+6.13% upside

Dividends

By Acuity

Dividend yield

Sector Avg

2.84%

4.33%

Next Earnings

27 paź 2026

Next Dividend date

14 sie 2026

Next Ex Dividend date

3 lis 2026

Market Stats

By TradingEconomics

Market Cap

31M

781M

Previous open

37.77

Previous close

38.32

News Sentiment

By Acuity

28%

72%

62 / 437 Ranking in Finance

Independent Bank Corp-MI Chart

Wyniki osiągnięte w przeszłości nie są gwarantem przyszłych wyników.

Related News

12 sie 2026, 22:51 UTC

Independent Bank Corp shares are higher in after-market hours, continuing a positive trend amid favorable sentiment in the regional banking sector and stable consumer prices.

11 sie 2026, 21:16 UTC

Independent Bank Corp (Michigan) shares showed routine performance in after-market trading, remaining roughly flat since Tuesday's close and near the upper end of their one-month range.

7 sie 2026, 19:45 UTC

Correlated Moves

Independent Bank Corp is lower today, aligning with a broader decline in the regional banking sector, despite trading above its 20-day moving average.

6 sie 2026, 21:01 UTC

Independent Bank Corp (Michigan) shares are lower in after-market hours, reflecting a decline since Thursday's close amid rising initial jobless claims.

4 sie 2026, 20:07 UTC

Event
Correlated Moves

Independent Bank Corp shares are lower today after going ex-dividend for $0.28, amid a broader decline in the regional banking sector.

3 sie 2026, 19:16 UTC

Correlated Moves

Independent Bank Corp is rising in Monday trading, reflecting positive sentiment. The stock remains above its 20-day moving average amid broader market gains.

29 lip 2026, 19:37 UTC

Macro Event
Correlated Moves

Independent Bank Corp gains as the Fed maintains interest rates. The stock's performance is also supported by a rise in First Commonwealth Financial.

28 lip 2026, 20:03 UTC

News

DA Davidson raised Independent Bank Corp's price target to $41.00 from $40.00, contributing to gains in shares during Tuesday's session despite a slight pullback.

27 lip 2026, 19:46 UTC

Correlated Moves
News

Piper Sandler raised Independent Bank Corp's price target to $42.00 while maintaining a Neutral rating. The stock is trading near unchanged since Friday.

24 lip 2026, 19:41 UTC

News
Correlated Moves

Independent Bank Corp gains after Keefe, Bruyette & Woods raised its price target to $38.00, despite broader market declines.

21 lip 2026, 18:46 UTC

Correlated Moves

Independent Bank Corp is experiencing little change as market sentiment improves, driven by renewed interest in AI stocks and upcoming earnings insights.

Peer Comparison

Price change

Independent Bank Corp-MI Forecast

Price Target

By TipRanks

6.13% upside

12 Months Forecast

Average 40.33 USD  6.13%

High 42 USD

Low 38 USD

Based on 4 Wall Street analysts offering 12 month price targets forIndependent Bank Corp-MI - Dist in the last 3 months.

Rating Consensus

By TipRanks

Neutral

4 ratings

1

Buy

3

Hold

0

Sell

Sentiment

By Acuity

62 / 437 Ranking in Finance

News Sentiment

Bullish Evidence

Volatility

Below average

News Volume (RCV)

Below average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Independent Bank Corp-MI

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.
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