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)
Interest Expense

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)
Interest Expense Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Interest Expense CAGR 3Y CAGR 5Y CAGR 10Y
Independent Bank Corp (Michigan)
NASDAQ:IBCP
Interest Expense
$101.7m
CAGR 3-Years
111%
CAGR 5-Years
31%
CAGR 10-Years
29%
PNC Financial Services Group Inc
NYSE:PNC
Interest Expense
$13B
CAGR 3-Years
191%
CAGR 5-Years
27%
CAGR 10-Years
31%
M&T Bank Corp
NYSE:MTB
Interest Expense
$4.2B
CAGR 3-Years
212%
CAGR 5-Years
42%
CAGR 10-Years
31%
Truist Financial Corp
NYSE:TFC
Interest Expense
$11.1B
CAGR 3-Years
136%
CAGR 5-Years
42%
CAGR 10-Years
30%
Fifth Third Bancorp
NASDAQ:FITB
Interest Expense
$4.9B
CAGR 3-Years
118%
CAGR 5-Years
28%
CAGR 10-Years
28%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Interest Expense
$5.1B
CAGR 3-Years
331%
CAGR 5-Years
131%
CAGR 10-Years
60%
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 Interest Expense?
Interest Expense
101.7m USD

Based on the financial report for Sep 30, 2024, Independent Bank Corp (Michigan)'s Interest Expense amounts to 101.7m USD.

What is Independent Bank Corp (Michigan)'s Interest Expense growth rate?
Interest Expense CAGR 10Y
29%

Over the last year, the Interest Expense growth was 48%. The average annual Interest Expense growth rates for Independent Bank Corp (Michigan) have been 111% over the past three years , 31% over the past five years , and 29% over the past ten years .

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