Independent Bank Corp.
IBCP
Key stats
- Open
- 36.81
- Day high
- 36.91
- Day low
- 36.37
- Previous close
- 36.74
- Volume
- 81.4K
- VWAP
- 36.53
- 52-week high
- 39.24
- 52-week low
- 29.83
- Market cap
- 811.16M
- Shares out
- 22.08M
- Employees
- 826
- Listed
- 1985
About Independent Bank Corp.
Independent Bank Corp. operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers. The firm's principal markets are the rural and suburban communities across Lower Michigan. The firm generates the majority of its revenue from Interest and fees on loans.
STATE COMMERCIAL BANKS · GRAND RAPIDS, MI · independentbank.com
Options · expiring Nov 20
Nov 12, 4:00 PM ET- Call open interest
- 7
- Put open interest
- 3
- Put/call
- 0.43
- At-the-money IV
- 78.5%
| Contract | Last | Traded | Volume | Open int. | IV |
|---|---|---|---|---|---|
| 35 call | 1.95 | Oct 19, 9:30 AM | 1 | 2 | 78.5% |
| 40 call | 0.35 | Sep 21, 9:38 AM | 1 | 5 | 69.9% |
| 35 put | 1.30 | Oct 19, 9:30 AM | 1 | 2 | 48.6% |
| 40 put | 4.90 | Oct 16, 9:30 AM | 1 | 1 | — |
| 30 call | — | — | 0 | 0 | 96.6% |
| 30 put | — | — | 0 | 0 | 124.9% |
Quarterly results
Massive · Aug 5, 2026| Q2 2026 to Jun 30, 2026 | Q1 2026 to Mar 31, 2026 | Q4 2025 to Dec 31, 2025 | Q3 2025 to Sep 30, 2025 | |
|---|---|---|---|---|
| Revenue | $82.63M | $78.22M | $79.38M | $81.23M |
| Gross profit | $63.24M | $58.90M | $58.31M | $57.30M |
| Operating income | $22.71M | $20.23M | $20.31M | $21.18M |
| Net income | $18.80M | $16.88M | $18.57M | $17.50M |
| Diluted EPS | 0.90 | 0.81 | 0.89 | 0.84 |
| Operating cash flow | $20.28M | −$9.16M | $7.79M | $18.20M |
| Assets | $5.66B | $5.56B | $5.51B | $5.49B |
| Liabilities | $5.14B | $5.05B | $5.00B | $5.00B |
| Equity | $528.41M | $510.55M | $502.95M | $490.74M |
Technicals
Massive · Nov 12, 2026- 50-day average36.29
- 200-day average35.50
- RSI (14 days)50.6
Short interest
Massive · Oct 30, 2026- Oct 30, 2026706.2K shares · 3.5 days to cover
- Oct 15, 2026668.3K shares · 3.5 days to cover
- Sep 30, 2026771.1K shares · 3.6 days to cover
- Sep 15, 2026757.2K shares · 5.0 days to cover
Dividends
Massive · Nov 3, 2026- Ex Nov 3, 2026, paid Nov 13, 20260.2800 · 4 a year
- Ex Aug 4, 2026, paid Aug 14, 20260.2800 · 4 a year
- Ex May 4, 2026, paid May 14, 20260.2800 · 4 a year
- Ex Feb 3, 2026, paid Feb 13, 20260.2800 · 4 a year
- Ex Nov 4, 2025, paid Nov 14, 20250.2600 · 4 a year
- Ex Aug 5, 2025, paid Aug 15, 20250.2600 · 4 a year
- Ex May 5, 2025, paid May 15, 20250.2600 · 4 a year
- Ex Feb 4, 2025, paid Feb 14, 20250.2600 · 4 a year
Splits
Massive · Sep 1, 2010- Sep 1, 20101-for-10
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