Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 38.5 USD 2.07% Market Closed
Market Cap: 804.3m USD
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Independent Bank Corp (Michigan)
Depreciation & Amortization

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Independent Bank Corp (Michigan)
Depreciation & Amortization Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Depreciation & Amortization CAGR 3Y CAGR 5Y CAGR 10Y
Independent Bank Corp (Michigan)
NASDAQ:IBCP
Depreciation & Amortization
$10m
CAGR 3-Years
-7%
CAGR 5-Years
12%
CAGR 10-Years
18%
PNC Financial Services Group Inc
NYSE:PNC
Depreciation & Amortization
$166m
CAGR 3-Years
-55%
CAGR 5-Years
-33%
CAGR 10-Years
-16%
M&T Bank Corp
NYSE:MTB
Depreciation & Amortization
$372m
CAGR 3-Years
16%
CAGR 5-Years
13%
CAGR 10-Years
11%
Truist Financial Corp
NYSE:TFC
Depreciation & Amortization
$1.1B
CAGR 3-Years
-8%
CAGR 5-Years
15%
CAGR 10-Years
10%
Fifth Third Bancorp
NASDAQ:FITB
Depreciation & Amortization
$486m
CAGR 3-Years
-1%
CAGR 5-Years
5%
CAGR 10-Years
2%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Depreciation & Amortization
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Independent Bank Corp (Michigan)
Glance View

Market Cap
804.4m 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
34.81 USD
Overvaluation 10%
Intrinsic Value
Price

See Also

What is Independent Bank Corp (Michigan)'s Depreciation & Amortization?
Depreciation & Amortization
10m USD

Based on the financial report for Sep 30, 2024, Independent Bank Corp (Michigan)'s Depreciation & Amortization amounts to 10m USD.

What is Independent Bank Corp (Michigan)'s Depreciation & Amortization growth rate?
Depreciation & Amortization CAGR 10Y
18%

Over the last year, the Depreciation & Amortization growth was 0%. The average annual Depreciation & Amortization growth rates for Independent Bank Corp (Michigan) have been -7% over the past three years , 12% over the past five years , and 18% over the past ten years .

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