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)
Income from Continuing Operations

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Independent Bank Corp (Michigan)
Income from Continuing Operations Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Income from Continuing Operations CAGR 3Y CAGR 5Y CAGR 10Y
Independent Bank Corp (Michigan)
NASDAQ:IBCP
Income from Continuing Operations
$62.1m
CAGR 3-Years
-3%
CAGR 5-Years
8%
CAGR 10-Years
13%
PNC Financial Services Group Inc
NYSE:PNC
Income from Continuing Operations
$5.2B
CAGR 3-Years
-4%
CAGR 5-Years
5%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Income from Continuing Operations
$2.4B
CAGR 3-Years
8%
CAGR 5-Years
4%
CAGR 10-Years
9%
Truist Financial Corp
NYSE:TFC
Income from Continuing Operations
-$6.4B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Income from Continuing Operations
$2.2B
CAGR 3-Years
-6%
CAGR 5-Years
0%
CAGR 10-Years
4%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Income from Continuing Operations
$2.6B
CAGR 3-Years
66%
CAGR 5-Years
42%
CAGR 10-Years
38%
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 Income from Continuing Operations?
Income from Continuing Operations
62.1m USD

Based on the financial report for Sep 30, 2024, Independent Bank Corp (Michigan)'s Income from Continuing Operations amounts to 62.1m USD.

What is Independent Bank Corp (Michigan)'s Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 10Y
13%

Over the last year, the Income from Continuing Operations growth was 3%. The average annual Income from Continuing Operations growth rates for Independent Bank Corp (Michigan) have been -3% over the past three years , 8% over the past five years , and 13% over the past ten years .

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