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)
Pre-Tax 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)
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Independent Bank Corp (Michigan)
NASDAQ:IBCP
Pre-Tax Income
$78.2m
CAGR 3-Years
-2%
CAGR 5-Years
8%
CAGR 10-Years
12%
PNC Financial Services Group Inc
NYSE:PNC
Pre-Tax Income
$6.4B
CAGR 3-Years
-3%
CAGR 5-Years
6%
CAGR 10-Years
1%
M&T Bank Corp
NYSE:MTB
Pre-Tax Income
$3.1B
CAGR 3-Years
7%
CAGR 5-Years
3%
CAGR 10-Years
7%
Truist Financial Corp
NYSE:TFC
Pre-Tax Income
-$7.3B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Pre-Tax Income
$2.8B
CAGR 3-Years
-7%
CAGR 5-Years
0%
CAGR 10-Years
3%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Pre-Tax Income
$3.6B
CAGR 3-Years
70%
CAGR 5-Years
44%
CAGR 10-Years
36%
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 Pre-Tax Income?
Pre-Tax Income
78.2m USD

Based on the financial report for Sep 30, 2024, Independent Bank Corp (Michigan)'s Pre-Tax Income amounts to 78.2m USD.

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

Over the last year, the Pre-Tax Income growth was 5%. The average annual Pre-Tax Income growth rates for Independent Bank Corp (Michigan) have been -2% over the past three years , 8% over the past five years , and 12% over the past ten years .

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