NASDAQ · IBCPFinancialsBanking & Credit

Independent Bank Corp. (IBCP)

$37.25+1.55%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$37.25▲ 23.14% in range
Nov 4, 2025Low $30.08 · High $38.67Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Independent Bank closed at $37.25 on Nov 4, up 1.55%, 3.7% below its 52-week closing high. Volume of 191.0K shares was 0.92× its 20-day average (close to normal).

Split-adjusted performance: +4.1% over one month, +10.2% over six months, +22.2% over one year.

In the quarter ended Jun 30, 2026, revenue was $82.63M, up 5.7% from a year earlier, with a net margin of 22.8%.

Short interest was 668.3K shares at the Oct 15 settlement, down 13.3% from the prior report (3.1% of float, 3.5 days to cover).

Market cap$822.5M22.1M shares
Revenue · quarter$82.6M+5.7% YoY
Diluted EPS$0.90+11.1% YoY
P/E · TTM11.5×P/S 2.6×
Net margin22.8%Gross 76.5%
Dividend yield3.01%$0.28 last paid
52-week range30.08 – 38.67−3.7% from high
Volume191.0K0.92× 20-day avg
Volatility · 60d17.5%Annualised
Short % of float3.1%3.5 days to cover
Net cash$800.1MCash $967.0M
Next earnings—Not scheduled
Split-adjusted performance
1W +0.9%1M +4.1%3M −3.2%6M +10.2%YTD +14.5%1Y +22.2%3Y +89.8%5Y +69.1%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Banking & Credit

Percentile among 435 companies (100 = best)

6-month momentum59
Revenue growth52
Net margin73
Value (low P/E)67
Size52

Industry medians: 6-month return +7.4%, revenue growth +5.2%, net margin 18.2%, P/E 12.5×.

Short interest

Details →
Shares short668.3K−13.3% vs prior
Days to cover3.5Settled Oct 15
% of float3.1%
Short vol. 10d49.0%of daily volume

Closest peers by size in Banking & Credit

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
IBCPIndependent Bank$37.25+1.55%+10.2%+5.7%22.8%11.5$822.5M
SPFISouth Plains Financial$43.94+1.20%+6.8%+16.8%21.3%12.7$827.8MCompare
PGCPeapack-Gladstone Financial$47.35+1.81%+9.6%+10.1%12.9%16.2$839.4MCompare
SMBCSouthern Missouri Bancorp$72.57+1.51%+4.9%+2.8%24.9%11.2$799.2MCompare
SMBKSmartFinancial$49.53+1.91%+17.2%+9.7%19.0%14.8$846.9MCompare
FISIFinancial Institutions$40.44+2.77%+14.4%+0.6%22.1%9.7$789.4MCompare
ALRSAlerus Financial$34.83+1.40%+29.0%+1.4%20.0%31.6$861.8MCompare
SHBIShore Bancshares$23.13+1.40%+17.1%+3.3%19.1%11.3$771.9MCompare
WASHWashington Trust Bancorp$40.28+2.78%+25.9%−2.2%17.0%13.9$768.3MCompare

Quick answers

What does Independent Bank do?
Independent Bank Corp. operates as a commercial bank.
What is IBCP's market cap?
$822.53M, based on the Nov 4 close of $37.25.
What is IBCP's P/E ratio?
11.5× trailing-twelve-month earnings of $71.75M.
Does Independent Bank pay a dividend?
Yes. The latest regular dividend was $0.28 per share (ex-date Nov 3), an annualised yield of 3.01%.
How much of IBCP is sold short?
668.3K shares, 3.1% of float, as of Oct 15, 2026.
What sector is IBCP in?
Financials, in the Banking & Credit industry.

About Independent Bank

Independent Bank Corp. operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers. The firm's principal markets are the rural and suburban communities across Lower Michigan. The firm generates the majority of its revenue from Interest and fees on loans.

HQ: Grand Rapids, MI826 employeesListed Sep 4, 1985independentbank.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology