Search

Independent Bank Corp-MI

Closed

SectorFinance

37.62 0.16

Overview

Share price change

24h

Current

Min

37.45

Max

37.74

Key metrics

By Trading Economics

Income

-1.7M

17M

Sales

-4.8M

75M

P/E

Sector Avg

10.901

22.624

EPS

0.81

Dividend yield

2.81

Profit margin

22.615

Employees

735

EBITDA

2.3M

23M

Recommendations

By TipRanks

Recommendations

Buy

12 Months Forecast

+6.21% upside

Dividends

By Acuity

Dividend yield

Sector Avg

2.81%

4.58%

Next Earnings

27 Oct 2026

Next Dividend date

14 Aug 2026

Next Ex Dividend date

4 Aug 2026

Market Stats

By TradingEconomics

Market Cap

42M

750M

Previous open

37.46

Previous close

37.62

News Sentiment

By Acuity

34%

66%

108 / 438 Finance

Independent Bank Corp-MI Chart

Past performance is not a reliable indicator of future results.

Related News

24 Jul 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 Jul 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

6.21% upside

12 Months Forecast

Average 40 USD  6.21%

High 42 USD

Low 38 USD

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

Rating Consensus

By TipRanks

Buy

3 ratings

1

Buy

2

Hold

0

Sell

Sentiment

By Acuity

108 / 438 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.
help-icon Live chat