Independent Bank vs Isabella Bank
IBCP and ISBA side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How IBCP and ISBA compare
Independent Bank is the larger company, worth 2.7 times as much as Isabella Bank ($812M against $302M).
On earnings, Independent Bank is cheaper: it trades at 10.6× trailing earnings, against 13.8× for Isabella Bank.
Isabella Bank grew revenue faster over the last twelve months (17.1% versus 2.9% for Independent Bank).
Independent Bank keeps more of each dollar of sales as profit, with a net margin of 220% compared with 24.0% at Isabella Bank.
Both pay dividends: Independent Bank yields 3.0% and Isabella Bank 2.8%.
Independent Bank scores higher on the StockData Score (13 against 11 for Isabella Bank), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | IBCP | ISBA |
|---|---|---|
| Size and price | ||
| Market cap | $812M | $302M |
| Share price | $36.57 | $39.64 |
| Change, 1 year | 18.8% | 12.9% |
| Change, 5 years | 52.6% | 45.9% |
| Beta (5Y) | 0.63 | 0.12 |
| Employees | 735 | 362 |
| StockData Score | ||
| Total score | 13 (better) | 11 |
| Valuation score | 1 | 2 (better) |
| Growth score | 1 | 2 (better) |
| Performance score | 5 (better) | 1 |
| Health score | 2 | 2 |
| Dividend score | 4 | 4 |
| Valuation | ||
| P/E | 10.6× (better) | 13.8× |
| P/S | 24.9× | 3.4× (better) |
| P/B | 1.5× | 1.2× (better) |
| P/FCF | 21.3× | 11.1× (better) |
| PEG | 3.26 | – |
| FCF yield | 4.7% | 9.0% (better) |
| Fair value | $33.93 | $34.09 |
| Margin of safety | −7.8% (better) | −16.3% |
| Growth | ||
| Revenue growth (TTM) | 2.9% | 17.1% (better) |
| Revenue growth, 5Y average | 5.9% (better) | 3.9% |
| Net income growth (TTM) | 10.8% | 17.1% (better) |
| EPS growth (TTM) | 12.1% | 16.7% (better) |
| EPS growth, 5Y average | 5.3% | 13.8% (better) |
| Profitability | ||
| Net margin | 220% (better) | 24.0% |
| FCF margin | 117% (better) | 30.6% |
| Return on equity | 14.4% (better) | 9.0% |
| Financial health | ||
| Altman Z-score | 0.17 | 0.21 (better) |
| Piotroski F-score | 6 | 7 (better) |
| Dividends and buybacks | ||
| Dividend yield | 3.0% (better) | 2.8% |
| Payout ratio | 31.1% | 38.3% |
| Years of dividend growth | 12 (better) | 0 |
| Dividend growth, 5Y average | 5.4% (better) | 0.73% |
| Buyback yield | 0.63% (better) | −3.8% |
| Shareholder yield | 3.6% (better) | −1.0% |
| Ownership | ||
| Held by institutions | 81.1% | 20.4% |
| Held by insiders | 2.7% | 2.9% |
| Insider net buying, 12 months | −$302K | $127K (better) |
| Short interest, % of float | 3.6% | 4.2% |
Go deeper
- IBCP stock overview
- IBCP income statement
- IBCP valuation and score
- ISBA stock overview
- ISBA income statement
- ISBA valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.