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Independent Bank Corp.

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Key Metrics

Previous Close
$36.95
52-Week Range
$29.83 – $39.24
Market Cap
$767.65M
P/E (TTM)
10.71
EPS (TTM)
3.48
Dividend Yield
3.03%
Advanced Metrics
Price/Book
1.45
PEG Ratio
1.40
Return on Equity
14.38%
Return on Assets
1.29%
Gross Margin
0.00%
Operating Margin
39.93%
Profit Margin
31.09%
Current Ratio
Debt/Equity
Total Debt
$187.37M
Free Cash Flow
Revenue Growth
11.20%
Earnings Growth
11.10%
Enterprise Value
$825.20M

Market Snapshot

About

Independent Bank Corp. is a Michigan-based bank holding company that operates through its subsidiary, Independent Bank, providing community banking services across Michigan's Lower Peninsula and portions of Ohio. The bank offers traditional banking products including commercial and residential mortgages, consumer loans, business lending, deposit accounts, and treasury management services. Independent Bank emphasizes relationship banking and local decision-making to serve individuals, families, and businesses in its markets. The company operates through a network of banking branches and has grown through organic expansion and strategic acquisitions of smaller community banks. As a regional community bank, it focuses on maintaining strong credit quality and building lasting customer relationships.