IBCP
Price:
$35.48
Market Cap:
$731.11M
As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through rou...[Read more]
Industry
Banks - Regional
IPO Date
1985-09-04
Stock Exchange
NASDAQ
Ticker
IBCP
According to Independent Bank Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 756.74M. This represents a change of 19.03% compared to the average of 635.75M of the last 4 quarters.
The mean historical Enterprise Value of Independent Bank Corporation over the last ten years is 545.34M. The current 756.74M Enterprise Value has changed 13.78% with respect to the historical average. Over the past ten years (40 quarters), IBCP's Enterprise Value was at its highest in in the December 2024 quarter at 732.25M. The Enterprise Value was at its lowest in in the March 2023 quarter at 277.16M.
Average
545.34M
Median
512.38M
Minimum
395.23M
Maximum
731.48M
Discovering the peaks and valleys of Independent Bank Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 44.99%
Maximum Annual Enterprise Value = 731.48M
Minimum Annual Increase = -31.92%
Minimum Annual Enterprise Value = 395.23M
| Year | Enterprise Value | Change |
|---|---|---|
| 2025 | 650.91M | -11.02% |
| 2024 | 731.48M | 44.99% |
| 2023 | 504.50M | -23.19% |
| 2022 | 656.85M | 27.45% |
| 2021 | 515.39M | 30.40% |
| 2020 | 395.23M | -31.92% |
| 2019 | 580.54M | 19.24% |
| 2018 | 486.85M | -4.42% |
| 2017 | 509.37M | 20.63% |
| 2016 | 422.27M | 42.74% |
The current Enterprise Value of Independent Bank Corporation (IBCP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
628.96M
5-year avg
611.82M
10-year avg
545.34M
Independent Bank Corporation’s Enterprise Value is less than Great Southern Bancorp, Inc. (1.26B), less than First Financial Corporation (1.35B), greater than South Plains Financial, Inc. (703.54M), less than Camden National Corporation (1.43B), less than MetroCity Bankshares, Inc. (1.05B), less than Southern Missouri Bancorp, Inc. (851.87M), less than Orrstown Financial Services, Inc. (998.95M), greater than Southern California Bancorp (632.91M), greater than SmartFinancial, Inc. (533.14M), greater than Capital City Bank Group, Inc. (384.11M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 1.26B | $826.36M | |
| 1.35B | $891.65M | |
| 703.54M | $688.92M | |
| 1.43B | $891.07M | |
| 1.05B | $983.04M | |
| 851.87M | $796.87M | |
| 998.95M | $784.73M | |
| 632.91M | $635.90M | |
| 533.14M | $777.30M | |
| 384.11M | $805.82M |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is Independent Bank Corporation's Enterprise Value?
What is the highest Enterprise Value for Independent Bank Corporation (IBCP)?
What is the 3-year average Enterprise Value for Independent Bank Corporation (IBCP)?
What is the 5-year average Enterprise Value for Independent Bank Corporation (IBCP)?
How does the current Enterprise Value for Independent Bank Corporation (IBCP) compare to its historical average?