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Independent Bank Corporation

IBCP

Independent Bank Corp. is a bank holding company that provides a comprehensive range of commercial and consumer banking services through its primary subsidiary, Independent Bank.

Market cap
$796.84M+23.5%
Revenue$237.7M+6.4%
Net income$71.8M+10.8%
EPS (diluted)$3.44+12.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$68.9M
EPS estimate$0.93

Financials

Q2 2026

Income statement

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Revenue$63.2M+13.0%
Net income$18.8M+11.4%
EPS (diluted)$0.90+11.1%

Balance sheet

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Cash & equivalents$165.5M+13.2%
Total equity$528.4M+12.6%
Total assets$5.7B+4.5%

Valuation & ratios

Valuation

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Market cap$796.84M+23.5%
P/E11.1×+0.9×
P/S3.4×+0.4×

Profitability

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Net margin30.2%+1.2pp

Returns & leverage

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Return on equity14.4%0.0pp

Competitors

Profile

Independent Bank Corp. is a bank holding company that provides a comprehensive range of commercial and consumer banking services through its primary subsidiary, Independent Bank. The company focuses on traditional community banking activities, including deposit gathering, mortgage lending, and commercial and consumer financing. Its core value proposition centers on serving local Michigan communities through a network of branches and digital platforms while maintaining a strong regulatory capital position.

Competitive position

A well-capitalized community bank holding company with a significant regional presence in Michigan, operating under a traditional relationship-based banking model.

GeographiesMichigan, United States
Customer segmentsRetail consumers, Commercial enterprises, Agricultural businesses
Business modelInterest-spread banking, Fee-based financial services
SuppliersFederal Reserve System, Federal Deposit Insurance Corporation (FDIC), Depositors, Wholesale funding markets
CustomersResidential homebuyers, Commercial real estate developers, Small business owners, Agricultural operators
Listed1985
Employees832.0
CEOWilliam Bradford Kessel
FilingsSEC EDGAR

Questions, answered.

What is Independent Bank Corporation's market cap?
Independent Bank Corporation (IBCP) has a market capitalization of $796.8M and trades on NASDAQ.
What is Independent Bank Corporation's revenue and profitability?
Independent Bank Corporation generated $237.7M in trailing twelve-month revenue with net income of $71.8M, representing a net margin of 30.2%. These figures are based on the Q2 2026 filing.
Who are Independent Bank Corporation's competitors?
Independent Bank Corporation's key competitors include SR Bancorp, Inc. Common stock, Huntington Bancshares, Fifth Third Bancorp, and others. These companies compete in similar markets and product categories.
What subsidiaries does Independent Bank Corporation have?
Independent Bank Corporation's subsidiaries include Independent Bank.
Where is Independent Bank Corporation headquartered?
Independent Bank Corporation is headquartered in United States of America and employs approximately 832 people. It has been publicly traded since 1985.