Independent Bank Corporation (Ionia MI)

Research Independent Bank Corporation (Ionia MI) (IBCP) on Bullrun: valuation model: 19.4% undervalued, market cap USD 742.65M, P/E 10.8, dividend yield 3.0%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

• TickerIBCP
• ExchangeNASDAQ
• CountryUnited States
• SectorFinancial Services
• IndustryBanks-Regional
• CurrencyUSD
• Valuation signal19.4% undervalued
• Market capUSD 742.65M
• P/E10.8
• Dividend yield3.0%
• Financial periodFY2025
• RevenueUSD 32.08M
• Revenue growth0.3%
• Net incomeUSD 68.54M
• Free cash flowUSD 70.17M

Valuation Snapshot

Bullrun's latest valuation model marks Independent Bank Corporation (Ionia MI) as 19.4% undervalued; latest market cap is USD 742.65M; P/E is 10.8; dividend yield is 3.0%.

About Independent Bank Corporation (Ionia MI)

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts.

Frequently asked questions

Is Independent Bank Corporation (Ionia MI) overvalued or undervalued?

Bullrun's valuation model currently marks Independent Bank Corporation (Ionia MI) as 19.4% undervalued.

What is Independent Bank Corporation (Ionia MI)'s market cap?

Independent Bank Corporation (Ionia MI)'s market capitalization is USD 742.65M.

What is Independent Bank Corporation (Ionia MI)'s P/E ratio?

Independent Bank Corporation (Ionia MI)'s price-to-earnings (P/E) ratio is 10.8.

Does Independent Bank Corporation (Ionia MI) pay a dividend?

Independent Bank Corporation (Ionia MI) has a dividend yield of 3.0%.

What does Independent Bank Corporation (Ionia MI) do?

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States.