IBCP
Price:
$33.92
Market Cap:
$701.87M
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in...[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 687.35M. This represents a change of 1.53% compared to the average of 677.00M of the last 4 quarters.
The mean historical Enterprise Value of Independent Bank Corporation over the last ten years is 509.83M. The current 687.35M Enterprise Value has changed 13.38% 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 2016 quarter at 209.11M.
Average
509.83M
Median
506.94M
Minimum
295.84M
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 = 295.84M
| Year | Enterprise Value | Change |
|---|---|---|
| 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% |
| 2015 | 295.84M | 13.93% |
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
630.94M
5-year avg
560.69M
10-year avg
509.83M
Independent Bank Corporation’s Enterprise Value is less than Great Southern Bancorp, Inc. (1.09B), less than First Financial Corporation (820.22M), greater than South Plains Financial, Inc. (642.64M), less than Camden National Corporation (1.37B), less than MetroCity Bankshares, Inc. (908.03M), greater than Southern Missouri Bancorp, Inc. (532.46M), less than Orrstown Financial Services, Inc. (939.37M), greater than Southern California Bancorp (596.64M), greater than SmartFinancial, Inc. (576.02M), less than Capital City Bank Group, Inc. (809.61M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 1.09B | $697.76M | |
| 820.22M | $725.14M | |
| 642.64M | $638.22M | |
| 1.37B | $721.56M | |
| 908.03M | $689.27M | |
| 532.46M | $656.82M | |
| 939.37M | $721.65M | |
| 596.64M | $639.09M | |
| 576.02M | $636.34M | |
| 809.61M | $726.11M |
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What is the Enterprise Value?
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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?