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Independent Bank Corp (Michigan)
Previous close
$30.25
Day range
$30.15 - $30.84
Year range
$26.75 - $40.32
Market cap
637.51M USD
Avg Volume
119.36K
P/E ratio
9.47
Dividend yield
3.38%
Primary exchange
NASDAQ
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Revenue | 55.31M | 10.89% |
Operating expense | 33.52M | 5.00% |
Net income | 17.50M | 26.73% |
Net profit margin | 31.65 | 14.30% |
Earnings per share | 0.86 | 6.17% |
EBITDA | — | — |
Effective tax rate | 17.35% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 208.69M | 30.16% |
Total assets | 5.49B | 4.45% |
Total liabilities | 5.00B | 4.07% |
Total equity | 490.74M | — |
Shares outstanding | 20.69M | — |
Price to book | 1.28 | — |
Return on assets | 1.28% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Net income | 17.50M | 26.73% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan. Wikipedia
Founded
1864
Headquarters
Website
Employees
783
