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IBCP · NASDAQ

Independent Bank (IBCP) Stock Price & Fundamentals

$858.27−0.28%−$2.41End-of-day price as of Oct 9, 2026

Independent Bank (IBCP) closed at $858.27 on Oct 9, 2026, down 0.28% from the previous close of $860.68.

Share price, past year

1Y +8.31%

52-week range $777.96 – $923.87. Daily closing prices.
Monthly closing prices
Last closing price of each month
DateClose
Oct 9, 2026$858.27
Sep 30, 2026$863.49
Aug 31, 2026$912.40
Jul 31, 2026$880.14
Jun 30, 2026$817.89
May 29, 2026$829.25
Apr 30, 2026$876.30
Mar 31, 2026$870.56
Feb 27, 2026$830.22
Jan 30, 2026$828.49
Dec 31, 2025$849.51
Nov 28, 2025$874.20
Oct 31, 2025$844.89

Key statistics

Market cap
$17.68B
P/E (TTM)
249.5
EPS (TTM)
$3.44
Revenue (TTM)
$32.65M
Net income (TTM)
$71.75M
Shares outstanding
20.6M
Dividend yield
0.13%
52-week range
$777.96 – $923.87

Independent Bank's market cap is $17.68B, based on a share price of $858.27 and 20.6M shares outstanding as of Jun 30, 2026.

Financials

Independent Bank reported revenue of $32.08M for fiscal 2025, up 0.30% from fiscal 2024.

Independent Bank earned net income of $68.54M in fiscal 2025, a net margin of 213.7%.

Annual revenue

FY18FY19FY20FY21FY22FY23FY24FY25
Annual revenue by fiscal year; the table below lists the values.
Independent Bank annual financials by fiscal year, from SEC filings
Fiscal yearRevenueGrowthNet incomeNet marginEPS (diluted)Free cash flow
FY2025ended Dec 31, 2025$32.08M+0.3%$68.54M213.7%$3.27$70.17M
FY2024ended Dec 31, 2024$31.98M−2.8%$66.79M208.9%$3.16$55.20M
FY2023ended Dec 31, 2023$32.90M+4.0%$59.07M179.5%$2.79$69.57M
FY2022ended Dec 31, 2022$31.64M+8.8%$63.35M200.2%$2.97$88.95M
FY2021ended Dec 31, 2021$29.10M+21.1%$62.90M216.2%$2.88$104.32M
FY2020ended Dec 31, 2020$24.03M−7.4%$56.15M233.7%$2.53$54.30M
FY2019ended Dec 31, 2019$25.95M−4.3%$46.44M178.9%$2.00$29.56M
FY2018ended Dec 31, 2018$27.13M—$39.84M146.9%$1.68$41.06M
Independent Bank quarterly results
QuarterRevenueNet incomeEPS (diluted)
Q2 FY2026ended Jun 30, 2026$8.20M$18.81M$0.90
Q1 FY2026ended Mar 31, 2026$7.59M$16.88M$0.81
Q4 FY2025ended Dec 31, 2025$7.94M$18.57M$0.89
Q3 FY2025ended Sep 30, 2025$8.92M$17.50M$0.84
Q2 FY2025ended Jun 30, 2025$7.88M$16.88M$0.81
Q1 FY2025ended Mar 31, 2025$7.34M$15.59M$0.74
Q4 FY2024ended Dec 31, 2024$7.67M$18.46M$0.87
Q3 FY2024ended Sep 30, 2024$8.84M$13.81M$0.65

Company profile

Name
Independent Bank Corporation
Ticker
IBCP
Exchange
NASDAQ
Industry (SEC SIC)
State Commercial Banks
Headquarters
98 Ottawa Ave Nw, Grand Rapids, MI 49503
Incorporated in
MI
Fiscal year ends
December
SEC CIK
0000039311

Recent SEC filings

Frequently asked questions

What is Independent Bank's stock price?

Independent Bank (IBCP) closed at $858.27 on Oct 9, 2026, down 0.28% from the previous close of $860.68.

What is Independent Bank's market cap?

Independent Bank's market cap is $17.68B, based on a share price of $858.27 and 20.6M shares outstanding as of Jun 30, 2026.

How much revenue does Independent Bank make?

Independent Bank reported revenue of $32.08M for fiscal 2025, up 0.30% from fiscal 2024.

What is IBCP's P/E ratio?

Independent Bank's price-to-earnings ratio is 249.5, based on trailing twelve-month diluted EPS of $3.44.

Does Independent Bank pay a dividend?

Yes. Independent Bank declared $1.08 per share in dividends over the last four quarters, a yield of 0.13%.

Sources and methodology

Fundamentals come from Independent Bank Corporation's filings with the SEC (EDGAR XBRL company facts). Fourth-quarter figures that companies don't report separately are calculated as the fiscal year minus the first three quarters. Trailing twelve-month (TTM) figures sum the latest four quarters. Prices are generated sample data for development. Last updated Oct 9, 2026. Data sources and disclosures