Independent Bank opened higher at $84.75, compared with its previous close of $84.62. In the last trading session, the stock traded between $83.76 and $84.75. It showed a sideways intraday trend.
An investment of $100 made 5 years ago in Independent Bank is now worth
$ 93.60
Resulting in a loss of
$ 6.40 (6.40%)
Note: Past profits do not guarantee future returns.
Rating from 4 Analysts
Today's Change
$-0.49 (-0.58%)
Day High
$84.75
Day Low
$83.76
Day Open
$84.75
Prev Close
$84.62
Volume
1,01,173
1W Return
-2.67%
1M Return
9.04%
3M Return
-0.80%
6M Return
9.67%
1Y Return
19.94%
Market Cap ($ Mn)
3,899
PE Ratio
14.71
PB Ratio
1.11
PEG Ratio
3.38
ROE
6.33%
ROCE
-
EPS (TTM)
$1.91
1 Week
-2.67%
1 Month
9.04%
3 Months
-0.80%
6 Months
9.67%
9 Months
-0.06%
Barclays raises Independent Bank price target to $86, keeps Underweight
Barclays maintains Underweight rating on Independent Bank Corp. Price target raised from $82 to $86 by analyst Jared Shaw. Valuation estimate increases despite unchanged negative outlook.
9 days agoIndependent Bank Corp declares $0.28 per share quarterly dividend
Declared a quarterly cash dividend of $0.28 per common share. Dividend payment date set for November 13, 2026. Shareholders of record as of November 3, 2026, are eligible. System integration for Highpoint Community Bank completes November 9, 2026. Company holds approximately $6.3 billion in total assets.
23 days agoIndependent Bank Q3FY26 Results: Diluted EPS rises 12% QoQ to $1.90
Diluted EPS rose 12% QoQ to $1.90, marking record quarterly earnings. Total loan growth reached $158 million, or 3.5% annualized, across multiple segments. Reported net interest margin expanded 4 bps to 3.89%, while adjusted core margin held flat at 3.76%. Company repurchased $57.4 million in stock, maintaining a CET1 ratio of 12.7%. Net charge-offs remained low at 2 bps, with a $6.5 million reserve set for one office loan.
27 days agoIndependent Bank Corporation Q3FY26 Results: Earnings release set for October 27
Independent Bank Corporation will release Q3FY26 results on October 27, 2026. Conference call scheduled for 11:00 am ET same day. Total assets stand at $6.3 billion across 66 locations. Highpoint Community Bank integration completes November 9, 2026.
1mo agoIndependent Bank net income rises to $18.8 million in Q2 2026
Independent Bank Corporation reported Q2 2026 net income of $18.8 million, or $0.90 per diluted share, up from $16.9 million in the prior year. Net interest margin improved to 3.71% and total assets grew to $5.66 billion. The company completed the acquisition of HCB Financial Corp on July 1, 2026.
3mo agoIndependent Bank declares $0.28 quarterly cash dividend
Independent Bank Corporation declared a quarterly cash dividend of $0.28 per share, payable on August 14, 2026, to shareholders of record on August 4, 2026. The Michigan-based bank holding company has total assets of approximately $5.6 billion and operates through its subsidiaries, Independent Bank and Highpoint Community Bank.
3mo ago| Stock | LTP | Change % | Market Cap | PE |
|---|---|---|---|---|
| $343.39 | +0.39% | $9,11,909.92M | 15.32 | |
| $50.67 | -0.02% | $3,49,633.59M | 14.39 | |
| $90.20 | +0.36% | $3,09,034.94M | 14.79 | |
| $203.54 | +0.55% | $2,82,875.21M | 17.85 | |
| $21.94 | +1.34% | $2,60,377.56M | 14.95 | |
| $85.80 | +0.05% | $2,57,558.73M | 12.60 | |
| $124.28 | +0.33% | $2,09,970.56M | 17.99 | |
| $124.21 | +1.59% | $2,05,593.01M | 14.35 | |
| $12.48 | -0.64% | $1,81,664.87M | 14.26 | |
| $24.75 | +1.77% | $1,56,796.41M | 14.96 | |
| $49.38 | +0.43% | $1,52,668.10M | 18.67 | |
| $26.21 | -1.06% | $1,44,439.77M | 13.28 |
An investment of $100 made 5 years ago in Independent Bank is now worth
$ 93.60
Resulting in a loss of
$ 6.40 (6.40%)
Note: Past profits do not guarantee future returns.
