Touchstone
Last syncNov 1, 2026, 6:55 PM ET

IBCP

Independent Bank Corp /mi/ Financials State Commercial Banks Russell 3000
$36.57Close $751.5MMarket cap $29.27 – $38.5052-week range Jan 26, 2027Next report · estimated

Highlights

Cautions

  • Trend not confirmed 6 of 8 conditions · under 30% off the low, RS under 70

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 5, 2026
Off 12-month high 5%
1wk down 1.1% price change
1mo up 3.8% price change
12-month return up 22% market up 11% · its own up 12%
F-score — — Not assessed
Altman Z — Unknown
P/E 11.0× price / earnings
PEG 3.34 P/E / EPS growth
P/B 1.5× price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth 0% year on year
EPS growth up 12% latest quarter · +2 pts
Sales growth up 4% latest quarter · +1 pts
ROE up 14% return on equity
Free cash margin —
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests

Repair signals

  • Revenue reaccelerating (-3% then +0%)

Trade setup

ATR% 2.1% $0.78 a day · 2×ATR $35.02
RS 55 / 99 vs the universe
Trend 6 / 8 under 30% off the low, RS under 70
Relative volume 0.7× vs 50-day average
Up/down volume 1.12 50 sessions
Implied move — no scheduled report
Trend template · 6 of 8
  • At least 30% above the 52-week low: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • No material dilution
  • Margins and revenue not shrinking
Last reported Oct 27, 2026
Results reaction Oct 27, 2026-1% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $32.1M +0.3% on FY2024
$0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $24.0M FY2021 · $29.1M FY2022 · $31.6M FY2023 · $32.9M FY2024 · $32.0M FY2025 · $32.1M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $68.5M +3% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $56.2M FY2021 · $62.9M FY2022 · $63.4M FY2023 · $59.1M FY2024 · $66.8M FY2025 · $68.5M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 214%
0% 250% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 234% FY2021 · Net 216% FY2022 · Net 200% FY2023 · Net 180% FY2024 · Net 209% FY2025 · Net 214%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $118.7M FY2021 · Cash $109.5M FY2022 · Cash $74.4M FY2023 · Cash $169.8M FY2024 · Cash $119.9M FY2025 · Cash $138.4M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 20.55m -6.0% since FY2020
21.85m 20.55m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 21.85m FY2021 · 21.17m FY2022 · 21.06m FY2023 · 20.84m FY2024 · 20.90m FY2025 · 20.55m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $24.0M $29.1M $31.6M $32.9M $32.0M $32.1M
Net income $56.2M $62.9M $63.4M $59.1M $66.8M $68.5M
Net margin 234% 216% 200% 180% 209% 214%
Earnings per share $2.56 $2.91 $3.00 $2.82 $3.20 $3.30
Cash $118.7M $109.5M $74.4M $169.8M $119.9M $138.4M
Shareholders' equity $389.5M $398.5M $347.6M $404.4M $454.7M $503.0M
Shares outstanding 21.85m 21.17m 21.06m 20.84m 20.90m 20.55m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 5, 2026 Quarterly ↗ Jun 30, 2026 36d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Mar 6, 2026 Annual ↗ Dec 31, 2025 65d
Nov 5, 2025 Quarterly ↗ Sep 30, 2025 36d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 7, 2025 Quarterly ↗ Mar 31, 2025 37d
Mar 7, 2025 Annual ↗ Dec 31, 2024 66d
Nov 5, 2024 Quarterly ↗ Sep 30, 2024 36d
Aug 5, 2024 Quarterly ↗ Jun 30, 2024 36d
May 3, 2024 Quarterly ↗ Mar 31, 2024 33d
Mar 8, 2024 Annual ↗ Dec 31, 2023 68d
Nov 3, 2023 Quarterly ↗ Sep 30, 2023 34d

Current reports

FiledDisclosed
Oct 27, 2026 Results ↗
Jul 27, 2026 Director or officer change ↗
Jul 23, 2026 Results ↗
Jun 18, 2026 Other events ↗
Jun 12, 2026 Other events ↗
Apr 29, 2026 Regulation FD ↗
Apr 24, 2026 Shareholder vote ↗
Apr 23, 2026 Results ↗
Apr 21, 2026 Regulation FD ↗
Mar 18, 2026 Material agreement · Regulation FD ↗
Jan 22, 2026 Results ↗
Dec 19, 2025 Director or officer change ↗