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 Income

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)
Interest Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Interest Income CAGR 3Y CAGR 5Y CAGR 10Y
Independent Bank Corp (Michigan)
NASDAQ:IBCP
Interest Income
$265.2m
CAGR 3-Years
25%
CAGR 5-Years
12%
CAGR 10-Years
12%
PNC Financial Services Group Inc
NYSE:PNC
Interest Income
$26.4B
CAGR 3-Years
35%
CAGR 5-Years
14%
CAGR 10-Years
11%
M&T Bank Corp
NYSE:MTB
Interest Income
$11.1B
CAGR 3-Years
40%
CAGR 5-Years
18%
CAGR 10-Years
14%
Truist Financial Corp
NYSE:TFC
Interest Income
$25.2B
CAGR 3-Years
22%
CAGR 5-Years
24%
CAGR 10-Years
15%
Fifth Third Bancorp
NASDAQ:FITB
Interest Income
$10.5B
CAGR 3-Years
26%
CAGR 5-Years
12%
CAGR 10-Years
10%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Interest Income
$12.5B
CAGR 3-Years
105%
CAGR 5-Years
55%
CAGR 10-Years
33%
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 Income?
Interest Income
265.2m USD

Based on the financial report for Sep 30, 2024, Independent Bank Corp (Michigan)'s Interest Income amounts to 265.2m USD.

What is Independent Bank Corp (Michigan)'s Interest Income growth rate?
Interest Income CAGR 10Y
12%

Over the last year, the Interest Income growth was 18%. The average annual Interest Income growth rates for Independent Bank Corp (Michigan) have been 25% over the past three years , 12% over the past five years , and 12% over the past ten years .

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