Is Independent Bank Corporation (IBCP) a Buy, Sell, or Hold?
NASDAQ : IBCP
Independent Bank Corporation — Institutional Ownership
$36.65 USD
$0.64 (1.78%)
- Volume
- 337.14K
- Average Volume
- 178.69K
- Market Capitalization
- $755.22M
- P/E Ratio
- 10.53
- Dividend Yield
- 2.95%
- Price Target
- $38.00
- Year High
- $39.17
- Year Low
- $29.63
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.31
- Current Ratio
- $0.11
Institutional Ownership Summary
Institutional Ownership %
0.56%
Investors Holding
19
change: -153 | last: 172
Increased Positions
8
change: -84 | last: 92
Reduced Positions
3
change: -44 | last: 47
New Positions
4
change: -22 | last: 26
Sold Positions
156
change: 126 | last: 30
Total Calls
-
Total Puts
-
Put-Call Ratio
0.00
change: 0 | last: 0
Total Invested
4.12M
Beneficial Ownership Filings
| Filing Date | Reporting Person | Amount Beneficially Owned | % of Class |
|---|---|---|---|
| 2026-05-06 | FMR LLC | 566.15K | 2.70% |
| 2026-04-30 | Vanguard Capital Management | 1.06M | 5.14% |
| 2026-03-27 | The Vanguard Group | - | 0.00% |
| 2025-04-30 | The Vanguard Group | 1.34M | 6.36% |
| 2025-04-15 | BlackRock Portfolio Management LLC | 1.23M | 5.90% |
| 2025-03-07 | BlackRock, Inc. | 1.87M | 8.90% |
| 2025-02-12 | FMR LLC | 1.05M | 5.00% |
| 2024-02-13 | The Vanguard Group - 23-1945930 | 1.07M | 5.12% |
| 2022-02-10 | The Vanguard Group - 23-1945930 | 1.04M | 4.89% |
| 2022-01-27 | (1) BlackRock, Inc. | 2.57M | 12.10% |
| 2022-01-25 | (1) BlackRock, Inc. | 2.57M | 12.10% |
| 2021-02-10 | The Vanguard Group - 23-1945930 | 1.11M | 5.06% |
| 2021-02-10 | (1) BlackRock, Inc. | 2.19M | 10.00% |
| 2021-01-29 | (1) BlackRock, Inc. | 2.15M | 9.80% |
| 2020-02-11 | The Vanguard Group - 23-1945930 | 1.13M | 5.00% |
| 2020-02-05 | (1) BlackRock, Inc. | 1.94M | 8.60% |
| 2020-01-27 | SunBridge Holdings, LLC | 306.65K | 1.36% |
| 2020-01-27 | Financial Opportunity Fund LLC | 660.22K | 2.94% |
| 2020-01-27 | Financial Opportunity Long/Short Fund LLC | 19640.0 | 0.09% |
| 2020-01-27 | Bridge Equities III, LLC | 263.91K | 1.17% |
| 2020-01-27 | Bridge Equities VIII, LLC | 16000.0 | 0.07% |
| 2020-01-27 | Bridge Equities IX, LLC | 26737.0 | 0.12% |
| 2020-01-27 | SunBridge Manager, LLC | 306.65K | 1.36% |
| 2020-01-27 | Realty Investment Company, Inc. | 306.65K | 1.36% |
| 2020-01-27 | FJ Capital Management | 1.15M | 5.14% |
| 2020-01-27 | Martin Friedman | 1.15M | 5.14% |
| 2019-02-22 | Richard J. Lashley | 1.83M | 7.60% |
| 2019-02-22 | PL Capital Advisors, LLC | 1.83M | 7.60% |
| 2019-02-22 | John W. Palmer | 1.83M | 7.60% |
| 2019-01-28 | (1) BlackRock, Inc. | 2.52M | 10.40% |
| 2018-10-29 | W. Palmer | 1.51M | 6.20% |
| 2018-10-29 | Capital Advisors, LLC | 1.51M | 6.20% |
| 2018-10-29 | J. Lashley | 1.51M | 6.20% |
| 2018-02-14 | EJF Financial Services Fund, LP | - | 0.00% |
| 2018-02-14 | EJF Financial Services GP, LLC | - | 0.00% |
| 2018-02-14 | EJF Capital LLC | - | 0.00% |
| 2018-02-14 | Emanuel J. Friedman | - | 0.00% |
| 2018-01-25 | (1) BlackRock, Inc. | 1.89M | 8.80% |
| 2017-01-25 | (1) BlackRock, Inc. | 1.56M | 7.30% |
| 2016-02-12 | EJF Financial Services Fund, LP | 1.45M | 6.50% |
| 2016-02-12 | EJF Financial Services GP, LLC | 1.45M | 6.50% |
| 2016-02-12 | Emanuel J. Friedman | 1.45M | 6.50% |
| 2016-02-12 | EJF Capital LLC | 1.45M | 6.50% |
| 2016-02-11 | Wellington Group Holdings LLP | 33872.0 | 0.15% |
| 2016-02-11 | Wellington Management Group LLP | 33872.0 | 0.15% |
| 2016-02-11 | Wellington Investment Advisors Holdings LLP | 33872.0 | 0.15% |
| 2016-02-10 | Maltese Capital Holdings, LLC | 658.62K | 3.00% |
| 2016-02-10 | Maltese Capital Management LLC | 778.4K | 3.50% |
| 2016-02-10 | Terry Maltese | 778.4K | 3.50% |
| 2016-01-28 | (1) BlackRock, Inc. | 1.2M | 5.40% |
| 2015-02-13 | Maltese Capital Holdings, LLC | 1.37M | 5.97% |
| 2015-02-13 | Terry Maltese | 1.55M | 6.76% |
| 2015-02-13 | Maltese Capital Management LLC | 1.55M | 6.76% |
| 2014-11-05 | EJF Financial Services GP, LLC | 1.25M | 5.40% |
| 2014-11-05 | EJF Financial Opportunities Master Fund, LP | - | 0.00% |
| 2014-11-05 | EJF Financial Opportunities GP, LLC | - | 0.00% |
| 2014-11-05 | EJF Financial Services Fund, LP | 1.25M | 5.40% |
| 2014-11-05 | Emanuel J. Friedman | 1.37M | 6.00% |
| 2014-11-05 | EJF Capital LLC | 1.37M | 6.00% |
| 2014-05-21 | EJF Financial Services Fund, LP | 929.75K | 4.10% |
| 2014-05-21 | EJF Financial Opportunities GP, LLC | 197.29K | 0.90% |
| 2014-05-21 | EJF Financial Opportunities Master Fund, LP | 197.29K | 0.90% |
| 2014-05-21 | EJF Capital LLC | 1.25M | 5.50% |
| 2014-05-21 | Emanuel J. Friedman | 1.25M | 5.50% |
| 2014-05-21 | EJF Financial Services GP, LLC | 929.75K | 4.10% |
| 2014-02-14 | 04-2683227 | 1.74M | 7.61% |
| 2014-02-12 | Sandler O'Neill Asset Management, LLC | 1.15M | 5.04% |
| 2014-02-12 | Terry Maltese | 1.15M | 5.04% |
| 2009-02-09 | (. | 1.18M | 5.14% |
| 2005-02-14 | 51-0099493 | 1.14M | 11.00% |
IBCP Enterprise Value History
Annual
| Date | Stock Price | Shares Outstanding | Market Cap | Cash & Equivalents | Total Debt | Enterprise Value |
|---|---|---|---|---|---|---|
| 2025-12-31 | $32.53 | 20.67M | $672.43M | $138.39M | $116.87M | $650.91M |
| 2024-12-31 | $34.83 | 20.87M | $726.97M | $119.88M | $124.39M | $731.48M |
| 2023-12-31 | $26.02 | 20.95M | $545.01M | $169.78M | $129.26M | $504.5M |
| 2022-12-31 | $23.92 | 21.12M | $505.12M | $74.37M | $226.1M | $656.85M |
| 2021-12-31 | $23.87 | 21.61M | $515.9M | $109.47M | $108.96M | $515.39M |
| 2020-12-31 | $18.47 | 21.93M | $405.12M | $118.7M | $108.82M | $395.23M |
| 2019-12-31 | $22.65 | 22.87M | $518.1M | $65.65M | $128.1M | $580.54M |
| 2018-12-31 | $21.02 | 23.44M | $492.6M | $70.84M | $65.09M | $486.85M |
| 2017-12-31 | $22.35 | 21.33M | $476.68M | $57.48M | $90.17M | $509.37M |
| 2016-12-31 | $21.70 | 21.48M | $466.05M | $88.78M | $45M | $422.27M |
Quarterly
| Date | Stock Price | Shares Outstanding | Market Cap | Cash & Equivalents | Total Debt | Enterprise Value |
|---|---|---|---|---|---|---|
| 2026-06-30 | $36.07 | 20.6M | $743.18M | $64.09M | $166.9M | $846M |
| 2026-03-31 | $33.30 | 20.57M | $685.13M | $48.48M | $74.11M | $710.77M |
| 2025-12-31 | $32.53 | 20.64M | $671.41M | $138.39M | $116.87M | $649.89M |
| 2025-09-30 | $30.98 | 20.7M | $641.36M | $208.69M | $41.85M | $474.52M |
| 2025-06-30 | $32.41 | 20.75M | $672.51M | $146.16M | $181.46M | $707.81M |
| 2025-03-31 | $30.79 | 20.94M | $644.83M | $128.14M | $124.43M | $641.12M |
| 2024-12-31 | $34.83 | 20.89M | $727.74M | $119.88M | $124.39M | $732.25M |
| 2024-09-30 | $33.35 | 20.9M | $696.88M | $121.56M | $79.35M | $654.67M |
| 2024-06-30 | $26.36 | 20.9M | $550.98M | $214.35M | $129.32M | $465.95M |
| 2024-03-31 | $24.62 | 20.88M | $513.99M | $161.84M | $129.25M | $481.4M |
| 2023-12-31 | $26.02 | 20.84M | $542.28M | $169.78M | $129.26M | $501.77M |
| 2023-09-30 | $18.34 | 20.92M | $383.71M | $127.46M | $129.22M | $385.46M |