Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 35.38 USD 0.28% Market Closed
Market Cap: 739.1m USD
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Independent Bank Corp (Michigan)
Net Interest Income

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)
Net Interest Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Interest Income CAGR 3Y CAGR 5Y CAGR 10Y
Independent Bank Corp (Michigan)
NASDAQ:IBCP
Net Interest Income
$163.5m
CAGR 3-Years
9%
CAGR 5-Years
6%
CAGR 10-Years
8%
PNC Financial Services Group Inc
NYSE:PNC
Net Interest Income
$13.4B
CAGR 3-Years
9%
CAGR 5-Years
6%
CAGR 10-Years
4%
M&T Bank Corp
NYSE:MTB
Net Interest Income
$6.8B
CAGR 3-Years
21%
CAGR 5-Years
10%
CAGR 10-Years
10%
Truist Financial Corp
NYSE:TFC
Net Interest Income
$14B
CAGR 3-Years
2%
CAGR 5-Years
16%
CAGR 10-Years
10%
Fifth Third Bancorp
NASDAQ:FITB
Net Interest Income
$5.6B
CAGR 3-Years
6%
CAGR 5-Years
4%
CAGR 10-Years
5%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Net Interest Income
$7.3B
CAGR 3-Years
74%
CAGR 5-Years
41%
CAGR 10-Years
27%
No Stocks Found

Independent Bank Corp (Michigan)
Glance View

Market Cap
739.2m 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
34.16 USD
Overvaluation 3%
Intrinsic Value
Price

See Also

What is Independent Bank Corp (Michigan)'s Net Interest Income?
Net Interest Income
163.5m USD

Based on the financial report for Sep 30, 2024, Independent Bank Corp (Michigan)'s Net Interest Income amounts to 163.5m USD.

What is Independent Bank Corp (Michigan)'s Net Interest Income growth rate?
Net Interest Income CAGR 10Y
8%

Over the last year, the Net Interest Income growth was 4%. The average annual Net Interest Income growth rates for Independent Bank Corp (Michigan) have been 9% over the past three years , 6% over the past five years , and 8% over the past ten years .

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