Independent Bank Corp (IBCP)

• Market cap: $654M
• 1 day: -0.47%
• 5 days: -4.19%
• 1 month: 2.4%
• 3 months: 4.5%
• 6 months: 1.9%
• Year to date: -8.09%
• 1 year: -6.95%
• 5 years: 126.13%
• 10 years: 121.37%
• Sector: Financials
• Industry: Banks - Regional

About: Independent Bank Corp (Ionia MI) operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers.

Employees: 834

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

15% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 52

4% more capital invested

Capital invested by funds: $536M [Q1] → $555M (+$19.5M) [Q2]

0.29% less ownership

Funds ownership: 82.99% [Q1] → 82.7% (-0.29%) [Q2]

8% less funds holding

Funds holding: 165 [Q1] → 152 (-13) [Q2]

48% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 23

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $37
• Avg. target: $37
• High target: $37

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

DA Davidson Peter Winter

$37

Neutral Maintained

25 Jul 2025