74%
of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
74%
of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
English (International)
Independent Bank Corp-MI
Closed
Sector Finance
33.44 -3.32
Overview
Share price change
24h
Min
33.33
Max
33.79
Income | -4.7M 14M |
|---|---|
Sales | -1M 78M |
P/E Sector Avg | 11 26.698 |
EPS | 0.87 |
Dividend yield | 2.99 |
Profit margin | 17.74 |
EBITDA | -5.9M 20M |
Recommendations | Neutral |
|---|---|
12 Months Forecast | +18.45 upside |
Dividend yield Sector Avg | 2.99% 3.82% |
|---|---|
Next Earnings | 24 Apr 2025 |
Next Dividend date | 12 May 2025 |
Next Ex Dividend date | 1 May 2025 |
Market Cap | 726M |
|---|---|
Previous open | 36.76 |
Previous close | 33.44 |
News Sentiment
By Acuity
16%
84%
36 / 545 Finance
Technical Score
By Trading Central
Confidence
Strong Bearish Evidence
Independent Bank Corp-MI Chart
Past performance is not a reliable indicator of future results.
Related News
Peer Comparison
Price change
Independent Bank Corp-MI Forecast
Price Target
By TipRanks
18.45% upside
12 Months Forecast
Average 39.67 USD 18.45%
High 41 USD
Low 39 USD
Based on 3 Wall Street analysts offering 12 month price targets forIndependent Bank Corp-MI - Dist in the last 3 months.
Sentiment
By Acuity
36 / 545 Finance
News Sentiment
Very Strong Bullish Evidence
Volatility
Below average
News Volume (RCV)
Above 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.