Independent Bank CorpIBCP
IBCP
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
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
9% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 56
1.48% less ownership
Funds ownership: 84.38% [Q4 2024] → 82.9% (-1.48%) [Q1 2025]
4% less funds holding
Funds holding: 172 [Q4 2024] → 165 (-7) [Q1 2025]
13% less capital invested
Capital invested by funds: $614M [Q4 2024] → $535M (-$78.7M) [Q1 2025]
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$37
19%
upside
Avg. target
$37
19%
upside
High target
$37
19%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
DA Davidson Peter Winter | 19%upside $37 | Neutral Maintained | 25 Jul 2025 |
Financial journalist opinion
Based on 6 articles about IBCP published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Independent Bank (IBCP) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?
Neutral
Seeking Alpha
5 days ago
Independent Bank Corporation (IBCP) Q2 2025 Earnings Conference Call Transcript
Independent Bank Corporation (NASDAQ:IBCP ) Q2 2025 Earnings Call July 24, 2025 11:00 AM ET Company Participants Gavin A. Mohr - CFO, Executive VP, Treasurer & Corporate Secretary Joel F.
Positive
Zacks Investment Research
6 days ago
Independent Bank (IBCP) Surpasses Q2 Earnings Estimates
Independent Bank (IBCP) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.88 per share a year ago.
Neutral
GlobeNewsWire
6 days ago
Independent Bank Corporation Reports 2025 Second Quarter Results
Second Quarter Highlights Highlights for the second quarter of 2025 include: Increase in net interest income of $0.9 million (or 2.1% ) over the first quarter of 2025; Increase in tangible common equity per share of common stock of $0.36 (or 6.9% annualized) from March 31, 2025; Net interest margin expansion of nine basis points compared to March 31, 2025; Net growth in loans of $91.7 million (or 9.0% annualized) from March 31, 2025; and The payment of a 26 cent per share dividend on common stock on May 15, 2025. GRAND RAPIDS, Mich.
Neutral
GlobeNewsWire
1 week ago
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock
GRAND RAPIDS, Mich., July 22, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 26 cents per share. This dividend is payable on August 15, 2025, to shareholders of record on August 5, 2025.
Negative
Zacks Investment Research
1 week ago
Earnings Preview: Independent Bank (IBCP) Q2 Earnings Expected to Decline
Independent Bank (IBCP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
1 month ago
Independent Bank Corporation Announces Date for Its Second Quarter 2025 Earnings Release
GRAND RAPIDS, Mich., June 26, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 second quarter results on Thursday, July 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website.
Positive
Zacks Investment Research
2 months ago
What Makes Independent Bank (IBCP) a New Buy Stock
Independent Bank (IBCP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
Seeking Alpha
3 months ago
Independent Bank Corporation (IBCP) Q1 2025 Earnings Call Transcript
Independent Bank Corporation (NASDAQ:IBCP ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Brad Kessel - President & Chief Executive Officer Joel Rahn - Executive President, Commercial Banking Gavin Mohr - Executive Vice President & Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Peter Winter - D.A. Davidson Damon DelMonte - KBW Nathan Race - Piper Sandler Operator Hello everyone and welcome to the Independent Bank Corporation Reports 2025 First Quarter Results.
Neutral
Zacks Investment Research
3 months ago
Here's What Key Metrics Tell Us About Independent Bank (IBCP) Q1 Earnings
While the top- and bottom-line numbers for Independent Bank (IBCP) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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