Stock Taper 
IBCP
$36.86
▲ UP 0.60% (0.22)
KEY STATISTICS
Market Cap$759.54 M
52w High$39.24
52w Low$29.83
Dividend Yield3.05%
FrequencyQuarterly
P/E11.00
Volume152.65K
Shares Out.20.61M
COMPANY
LEADERSHIP
CHIEF EXECUTIVE
William Bradford Kessel
COMPENSATION 2026
Salary$644,225
Stock Awards$446,694
Incentive Plan Pay$391,307
All Other Comp.$76,164
Total$1,558,390
ABOUT
SECTOR
Financial Services
WENT PUBLIC
September 4, 1985
METHOD OF GOING PUBLIC
IPO
FULL TIME EMPLOYEES
781
PRICE TARGET
Target High$42.00
Target Low$37.00
Target Median$39.50
Target Consensus$39.50
UPCOMING EARNINGS
DateOct 27, 2026
DayTuesday
Rev. Est.$68.91M
OCT
27
TUE
SPLIT RECORD
| DATE | TYPE | RATIO |
|---|---|---|
| 2010-09-01 | Reverse | 1:10 |
| 2006-08-31 | Forward | 21:20 |
| 2005-09-01 | Forward | 21:20 |
| 2003-10-02 | Forward | 11:10 |
| 2003-01-02 | Forward | 3:2 |
| 2002-10-02 | Forward | 21:20 |
| 2001-10-03 | Forward | 21:20 |
| 2000-10-03 | Forward | 21:20 |
| 1999-10-01 | Forward | 21:20 |
| 1998-10-01 | Forward | 21:20 |
PRICE
$36.86 ▲ UP 0.60% (+$0.22)About Independent Bank Corporation
https://www.independentbank.com ↗Independent Bank Corporation, founded in 1864 and based in Grand Rapids, MI, provides banking, lending, insurance, and investment services through 59 branches in Michigan and Ohio.
INDUSTRY
Banks - Regional
A SERVICE INDEPENDENT BANK CORPORATION IS KNOWN FOR
Commercial Banking
Independent Bank Corporation's commercial banking division offers loans, credit, equipment financing, and treasury services, with recent expansions including new bankers and a Loan Production Office to grow its commercial loan portfolio.
Revenue by Products
| Icon | PRODUCT | Q2-2025 | Q3-2025 | Q1-2026 | Q2-2026 |
|---|---|---|---|---|---|
 | Interchange Income | $3.39M | $4.16M ▲ | $3.23M ▼ | $3.58M ▲ |
 | Service Charges On Deposits | $2.98M | $3.13M ▲ | $2.94M ▼ | $3.1M ▲ |
 | Overdraft Fees | $2.19M | $2.33M ▲ | $2.1M ▼ | $2.21M ▲ |
 | Investment And Insurance Commissions | $810K | $940K ▲ | $809K ▼ | $864K ▲ |
 | Account Service Charges | $673K | $685K ▲ | $723K ▲ | $768K ▲ |
 | Other Deposit Related Income | $697K | $692K ▼ | $610K ▼ | $664K ▲ |
 | Asset Management Revenue | $390K | $413K ▲ | $424K ▲ | $435K ▲ |
 | Transaction Based Revenue | $420K | $527K ▲ | $385K ▼ | $429K ▲ |
 | ATM Fees | $401K | $413K ▲ | $343K ▼ | $382K ▲ |
 | Other | $169K | $153K ▼ | $143K ▼ | $156K ▲ |
ETFS HOLDING THIS STOCK
ETFS HOLDING
135
LISTED HERE
26
RANKED BY POSITION SIZE
INSTITUTIONAL OWNERSHIP
SHARES OWNED
69.61%
HOLDERS
267
TOP 12 OF 267 · RANKED BY POSITION SIZE
Blackrock, Inc.
Blackrock Inc.
Vanguard Group Inc
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Dimensional Fund Advisors LP
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Acadian Asset Management LLC
Blackrock Institutional Trust Company, N.A.
Charles Schwab Investment Management Inc
Sixth Street Partners Management Company, L.P.
Blackrock Fund Advisors
RATINGS SNAPSHOT
Overall rating: B+
Discounted Cash Flow4
Return On Equity4
Return On Assets3
Debt To Equity3
Price To Earnings3
Price To Book2
Overall Score3
INSIDER TRADES
★
OFFICER: FIRST VICE PRES. & CONTROLLER
Kreter Kristopher
Sale · 300 shares
2026-08-19
★
OFFICER: SENIOR VICE PRESIDENT
TWAROZYNSKI JAMES J
Sale · 489 shares
2026-08-10
★
DIRECTOR
Tagg Nathaniel Ernest
Purchase · 461 shares
2026-07-31
★
DIRECTOR
Tagg Nathaniel Ernest
— · —
2026-07-21
MOST RECENT ANALYST GRADES
GRADE SUMMARY
NEUTRAL 2
MARKET PERFORM 1
OUTPERFORM 1
4 GRADES IN THE LAST 12 MONTHS
SECTORS PEERS
| PEER | PRICE | |
|---|---|---|
 MCBS | $35.14 | COMPARE |
 CAC | $56.66 | COMPARE |
 THFF | $79.24 | COMPARE |
 CCBG | $51.34 | COMPARE |
 SMBK | $50.82 | COMPARE |
 GSBC | $78.87 | COMPARE |
 SPFI | $43.66 | COMPARE |
 ORRF | $41.96 | COMPARE |