# Independent (IBCP) — Overview

IBCP · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/ibcp

## Price

Last close $35.29 on Oct 15, 2026. 52-week range $30.08 – $38.67.

## Company profile

Independent Bank Corp. 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. The firm's principal markets are the rural and suburban communities across Lower Michigan. The firm generates the majority of its revenue from Interest and fees on loans.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $237.7M |
| Revenue (quarter) | $63.2M |
| Revenue growth (year over year) | 13.04% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $71.8M |
| Net income (quarter) | $18.8M |
| Net income growth (year over year) | 11.42% |
| Net margin | 30.18% |
| Return on equity | 14.38% |
| EPS (trailing twelve months) | $3.47 |
| Book value per share | $25.65 |
| P/E (trailing twelve months) | 10.9 |
| Price to book | 1.5 |
| Debt to assets | 90.67% |
| Payout ratio | 31.59% |
| Dividend yield | 2.89% |

## Frequently Asked Questions

### Is Independent (IBCP) profitable?

Yes. Independent earned $71.8M in net income over the trailing twelve months, a net margin of 30.18%.

### How much revenue does Independent (IBCP) make?

Independent generated $237.7M in revenue over the trailing twelve months, up 13.04% year over year.

### What is IBCP's P/E ratio?

Independent trades at 10.9 times trailing twelve-month earnings, on an EPS of $3.47.

### How do I buy stock in Independent (IBCP)?

IBCP trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).