Independent Bank Corp (IBCP) stock
IBCPNasdaqState Commercial BanksFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 13/305% above fair value
$36.74+0.16 (+0.44%)
Close on Nov 13, 2026Market cap $815.60MP/E 10.8Yield 2.83%
Independent Bank statistics
93 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Jan 21, 2027 (estimated, before the open)
- Last ex-dividend date
- Nov 3, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 13, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 1.60
- 1.52
- P/OCF Ratio
- 14.48
- 9.82
Enterprise valuationIndustry
- EV / Sales
- 19.19
- 2.95
- EV / FCF
- 14.51
- 8.49
Share statisticsIndustry
- Shares Change (YoY)
- 0.81%
- 0.33%
- Shares Change (QoQ)
- 7.18%
- 0.00%
- Float
- 22M
- 17M
- Shares Held by Insiders
- 2.72%
- 6.05%
- Shares Held by Institutions
- 81.1%
- 61.3%
Short sellingIndustry
- Short Interest
- 706,156
- –
- Short Interest Change
- 5.66%
- -4.13%
- Short % of Float
- 3.27%
- 3.58%
- Short % of Shares Outstanding
- 3.18%
- 3.18%
- Days to Cover
- 3.49
- 4.85
Stock price statisticsIndustry
- 52-Week High
- $39.24
- –
- 52-Week Low
- $29.83
- –
- 20-Day Moving Average
- $36.71
- –
- 50-Day Moving Average
- $36.28
- –
- 200-Day Moving Average
- $35.51
- –
- Average True Range (14)
- $0.86
- –
- Price Change (1 Week)
- 1.18%
- 0.69%
- Price Change (1 Month)
- 4.11%
- 3.79%
- Price Change (3 Months)
- -4.27%
- -2.72%
- Price Change (6 Months)
- 12.3%
- 12.2%
- Price Change (YTD)
- 12.9%
- 19.9%
- Price Change (1 Year)
- 18.1%
- 25.7%
- Price Change (3 Years)
- 64.6%
- 65.1%
- Price Change (5 Years)
- 54.4%
- 26.9%
- Price Change (10 Years)
- 104.1%
- 66.8%
- Average Volume (10 Days)
- 161,619
- –
- Average Volume (20 Days)
- 184,179
- –
- Average Volume (90 Days)
- 194,678
- –
- Relative Volume
- 0.57
- 0.68
- Relative Strength Index (14)
- 52.3
- 53.1
- Volatility (1 Year)
- 22.6%
- 24.4%
- Beta (5 Years)
- 0.63
- 0.63
MarginsIndustry
- Pretax Margin
- 256.7%
- 37.0%
- FCF Margin
- 132.2%
- 33.9%
Returns on capitalIndustry
- Return on Equity (ROE)
- 13.5%
- 10.7%
- Return on Assets (ROA)
- 1.23%
- 1.16%
GrowthIndustry
- Revenue Growth (YoY)
- 3.80%
- 11.7%
- Net Income Growth (YoY)
- 5.37%
- 22.6%
- EPS Growth (YoY)
- 4.29%
- 21.6%
- FCF Growth (YoY)
- -31.7%
- 27.2%
- Revenue Growth (3Y CAGR)
- 0.45%
- 5.82%
- Revenue Growth (5Y CAGR)
- 5.95%
- 6.17%
- EPS Growth (3Y CAGR)
- 3.26%
- 1.31%
- EPS Growth (5Y CAGR)
- 5.27%
- 8.24%
EfficiencyIndustry
- Asset Turnover
- 0.01
- 0.04
- Revenue Per Employee
- $44.93K
- $358.92K
- Profits Per Employee
- $98.10K
- $110.51K
- Employee Count
- 735
- 492
- WACC
- 8.26%
- 8.13%
Income statement (TTM)Industry
- Pretax Income
- $84.75M
- $74.07M
Balance sheetIndustry
- Net Cash (Debt)
- $181.82M
- $165.09M
- Net Cash Per Share
- $8.19
- $8.07
- Equity (Book Value)
- $577.30M
- $570.13M
- Book Value Per Share
- $26.01
- $28.12
- Tangible Book Value
- $510.03M
- $478.27M
Cash flow (TTM)Industry
- Capital Expenditures
- -$12.64M
- -$4.24M
- FCF Per Share
- $1.97
- $3.37
Dividends and yieldsIndustry
- Earnings Yield
- 8.84%
- 8.29%
- FCF Yield
- 5.35%
- 9.18%
- Dividend Yield
- 2.83%
- 2.44%
- Buyback Yield
- 1.08%
- 1.82%
- Shareholder Yield
- 3.91%
- 3.26%
- Dividend Per Share
- $1.04
- $0.92
- Dividend Growth (YoY)
- 8.33%
- 4.26%
- Years of Dividend Growth
- 12
- 2
- Payout Ratio
- 32.1%
- 28.5%
- FCF Payout Ratio
- 53.0%
- 24.8%
Taxes and interestIndustry
- Income Tax
- $12.65M
- $16.14M
- Effective Tax Rate
- 14.9%
- 21.1%
Scores and fair valueIndustry
- Graham Number
- $44.60
- $45.07
- Graham Upside
- 21.4%
- 18.8%
- Altman Z-Score
- 0.16
- 0.22
- Piotroski F-Score
- 6
- 6
- Lynch Fair Value
- $17.90
- –
- Lynch Upside
- -51.3%
- -0.43%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | IBCP | S&P 500 | Difference | IBCP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +5.3% | -3.0% | +8.3 pts | ||
| 3 months | -3.8% | -2.8% | −1.0 pts | ||
| Year to date | +16.5% | +11.5% | +5.0 pts | ||
| 1 year | +22.0% | +13.5% | +8.5 pts | ||
| 3 years | +93.9% | +77.7% | +16.2 pts | +24.7% | +21.1% |
| 5 years | +85.8% | +72.6% | +13.2 pts | +13.2% | +11.5% |
| 10 years | +195.0% | +308.2% | −113.2 pts | +11.4% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
1M IBCP shares were sold short on Oct 30, 2026, up 5.7% from the previous report, or 3.27% of the shares available to trade. At recent volumes it would take 3.5 days to buy them back. Over the last 20 sessions, 48.5% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 706,156 | +5.7% | 202,151 | 3.5 |
| Oct 15, 2026 | 668,302 | -13.3% | 192,531 | 3.5 |
| Sep 30, 2026 | 771,076 | +1.8% | 215,843 | 3.6 |
| Sep 15, 2026 | 757,205 | +8.9% | 151,886 | 5.0 |
| Aug 31, 2026 | 695,193 | +10.4% | 172,944 | 4.0 |
| Aug 14, 2026 | 629,965 | +15.7% | 181,532 | 3.5 |
| Jul 31, 2026 | 544,413 | +3.3% | 242,495 | 2.3 |
| Jul 15, 2026 | 527,109 | -27.4% | 172,779 | 3.0 |
| Jun 30, 2026 | 726,046 | +14.9% | 226,866 | 3.2 |
| Jun 15, 2026 | 632,098 | -2.4% | 139,571 | 4.5 |
| May 29, 2026 | 647,908 | +9.9% | 110,814 | 5.8 |
| May 15, 2026 | 589,635 | +5.1% | 182,658 | 3.2 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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