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Independent Bank Corp (Michigan)

NASDAQ • Financial Services • Banks - Regional • Quote as of 10/23/2026
Independent Bank Corp (Michigan) stock price and volume chart

Company Profile

IndustryBanks - Regional
SectorFinancial Services
ExchangeNASDAQ
Market Capitalization820.04 mln
Float21.10 mln
Earnings Date10/27/2026

EPS

3.45
Solid

P / E

10.72
Fair value

Piotroski F-Score

8 / 9
Very strong

Relative Strength

87 / 100
Strongly outperforming

Debt / Equity

0.33
Low leverage

Pre-Tax Margin

36%
Very strong margin

Business Description

Independent Bank Corporation is a Michigan-based bank holding company founded in 1864 and headquartered in Grand Rapids. It serves customers across the United States through a broad range of personal and business banking products, including checking and savings accounts, home loans, and consumer lending. The company also helps clients manage and grow their money through investment, trust, and estate planning services. Additional offerings include insurance products, annuities, credit and debit cards, and convenient digital banking tools.

Key Fundamentals

EPS3.45
P/E10.72
ROE14.34
RPS11.19
ROIC1.39
ROA1.30
Interest Cover1.01
EBITDA, mln97.29
EV / EBITDA9.25
EV / EBIT10.07
Revenue, mln236
EV / Revenue3.81

Quote Details

Last 36.98
Change 0.02 (0.05%)
Open 36.72
Volume 187,116
Turnover 6,919,550
Average Volume 203,664

Financial Ratios

Pre-Tax Profit Margin36
Leverage Ratio10.72
Current Ratio0.11
Price / Book1.37
Price / Tangible Book1.45
Price / Cash Flow20.13
Price / Free Cash Flow28.52
Debt / Equity0.33
Price / Sales3.11
PEG Ratio1.56

Financial Strength

Piotroski F-Score 8 / 9
Price to Intrinsic Value0.88
Price to Lynch Fair Value1.12
Price to Graham Number0.80
Shiller PE Ratio12.32
Short Ratio4.10
Short % of Float3.68

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 3.88% 85 / 100   
1 Month 3.82% 86 / 100   
2 Months 2.1% 73 / 100   
6 Months 12.37% 85 / 100   
1 Year 18.72% 78 / 100   



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