Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 30.8 USD -0.16% Market Closed
Market Cap: 645.9m USD

Independent Bank Corp (Michigan)
Investments

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Independent Bank Corp (Michigan)
Investments Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Investments CAGR 3Y CAGR 5Y CAGR 10Y
Independent Bank Corp (Michigan)
NASDAQ:IBCP
Investments
$1B
CAGR 3-Years
-14%
CAGR 5-Years
10%
CAGR 10-Years
5%
PNC Financial Services Group Inc
NYSE:PNC
Investments
$182B
CAGR 3-Years
-5%
CAGR 5-Years
10%
CAGR 10-Years
7%
M&T Bank Corp
NYSE:MTB
Investments
$53.6B
CAGR 3-Years
2%
CAGR 5-Years
24%
CAGR 10-Years
10%
Truist Financial Corp
NYSE:TFC
Investments
$165.7B
CAGR 3-Years
-4%
CAGR 5-Years
9%
CAGR 10-Years
14%
Fifth Third Bancorp
NASDAQ:FITB
Investments
$71B
CAGR 3-Years
-5%
CAGR 5-Years
11%
CAGR 10-Years
7%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Investments
$65.9B
CAGR 3-Years
43%
CAGR 5-Years
51%
CAGR 10-Years
22%

Independent Bank Corp (Michigan)
Glance View

Market Cap
643.6m USD
Industry
Banking

Independent Bank Corp. operates as a bank holding company, which engages in the provision of financial services. The company is headquartered in Grand Rapids, Michigan and currently employs 866 full-time employees. The firm operates through the community banking segment, which provides a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. The firm is engaged in bank transacts business in the single industry of commercial banking. The Bank classifies loans as commercial, consumer real estate and other consumers. Its commercial loans consist of commercial and industrial loans, commercial real estate, commercial construction, and small business loans. Its consumer real estate consists of residential mortgages and home equity loans and lines of credit that are secured primarily by owner-occupied residences and mortgages for the construction of residential properties. Its other consumer loans are focused on personal loans. The company has over 119 retail branches, two limited-service branches and a mobile branch in Eastern Massachusetts.

IBCP Intrinsic Value
38.25 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is Independent Bank Corp (Michigan)'s Investments?
Investments
1B USD

Based on the financial report for Dec 31, 2024, Independent Bank Corp (Michigan)'s Investments amounts to 1B USD.

What is Independent Bank Corp (Michigan)'s Investments growth rate?
Investments CAGR 10Y
5%

Over the last year, the Investments growth was -15%. The average annual Investments growth rates for Independent Bank Corp (Michigan) have been -14% over the past three years , 10% over the past five years , and 5% over the past ten years .

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