Independent Bank Corporation (IBCP) fair value analysis
Nasdaq · Updated 2026-10-19
IBCP price how computed
Forward Fair Value verdict
OvervaluedIBCP is trading at a 10–25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $35.60
- Sector
- Financial Services
- 12-month range
- $30.08–$38.67
- Market cap
- $733M
- From 52-week high
- -7.9%
- Shares outstanding
- 20.6M
- Rank in Financial Services by discount to fair value
- #135 of 167
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Independent Bank Corporation is a financial services company that operates community banks providing personal and commercial banking services to customers. The company operates primarily in Michigan and Iowa.
IBCP currently ranks #135 of 167 Financial Services stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $733M
- P/E (trailing)
- 10x
- Revenue (TTM)
- $316M
- Net margin
- 22.7%
- EPS (TTM)
- $3.46
- Gross margin
- 73.2%
- Debt / equity
- 0.32
- Revenue growth (3-yr avg)
- 2.7%
- Shares outstanding
- 20.6M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 47 · neutral
- 50-day average
- $36.54
- 200-day average
- $35.21
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $1.10 per share (4 payments)
- Yield on last price
- 3.09%
- Consecutive years of increases
- 11
- Last ex-dividend date
- 2026-08-04
- Last payment date
- 2026-08-14
Earnings how computed
- Next earnings report
- 2026-10-27 (pre-market)
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+5.9%)
2026-03 ▲ beat (+2.5%)
2025-12 ▲ beat (+6.0%)
2025-09 ▲ beat (+2.4%)
2025-06 ▲ beat (+3.8%)
2025-03 ▲ beat (+5.7%)
2024-12 ▲ beat (+14.5%)
2024-09 ▼ miss (-14.5%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 1 buy · 4 hold · 0 sell (5 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $40.2
- Target vs last price
- +12.9%
What our data shows for IBCP
- Our model validated 17 trailing price-to-earnings windows for IBCP, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $30.08–$38.67.
- The 14-day relative strength index sits at a neutral 47.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for IBCP
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent IBCP news
TickrTrends' derived news-sentiment signal for IBCP is currently leaning positive, computed from recent coverage.
- USCB Financial Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock (manilatimes.net, 2026-10-19)
TickrTrends take: USCB Financial Holdings, Inc. declared a quarterly cash dividend on its common stock, which represents a capital return to shareholders and reflects management's confidence in the company's cash generation. Given TickrTrends' current assessment that IBCP is overvalued, dividend sustainability and the company's ability to maintain payouts while growing earnings will be critical factors for investors to monitor in the Financial Services sector. A valuation-focused reader should track whether future dividend declarations remain consistent or face pressure if profitability deteriorates relative to the stock's current pricing. - USCB Financial Holdings, Inc. to Announce Third Quarter 2026 Results (manilatimes.net, 2026-10-06)
TickrTrends take: USCB Financial Holdings, Inc. plans to announce third quarter 2026 results, providing an opportunity for investors to assess whether the company's financial performance supports its current valuation. Given that TickrTrends currently derives an Overvalued verdict for IBCP, particular attention should be paid to earnings metrics and asset quality trends that could justify or challenge this assessment. For a Financial Services sector company trading at a premium valuation, the upcoming results will be critical in determining whether fundamentals align with current market pricing. - Independent Bank Corporation Announces Date for Its Third Quarter 2026 Earnings Release (manilatimes.net, 2026-09-29)
TickrTrends take: Independent Bank Corporation has set a date to release its third quarter 2026 earnings results, providing an upcoming opportunity for investors to assess the company's financial performance against current market expectations. Given that TickrTrends currently rates IBCP as overvalued, the earnings announcement will be a key moment for stakeholders to evaluate whether the company's results justify its present valuation in the Financial Services sector. Valuation-focused investors should monitor the earnings report for metrics such as net income, asset quality, and loan growth relative to consensus estimates to determine if the overvaluation assessment may shift.
What people are saying
Follow the IBCP conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — IBCP's quality grade declined from C to D this week, reflecting a deterioration in the underlying metrics that TickrTrends uses to assess company fundamentals. The stock remains classified as overvalued according to current valuation analysis. This combination of declining quality and elevated valuation suggests weakening operational metrics relative to the company's current market price.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is IBCP stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), IBCP is trading at a 10–25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is IBCP's TickrTrends verdict?
IBCP's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does IBCP compare to other Financial Services stocks?
IBCP ranks #135 of 167 Financial Services stocks in TickrTrends' coverage by discount to fair value.
Is IBCP overbought or oversold?
IBCP's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does IBCP pay a dividend?
Yes. IBCP paid $1.10 per share over the last twelve months (4 payments), a 3.09% yield on TickrTrends' last price, and has raised the annual total for 11 consecutive years. The last ex-dividend date was 2026-08-04.
When does IBCP report earnings next?
IBCP's next earnings report is scheduled for 2026-10-27 (pre-market), per the published earnings calendar.
Does IBCP usually beat earnings estimates?
Over its last 8 reported quarters IBCP beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about IBCP?
Of 5 analysts covering IBCP, 1 rate it a buy, 4 a hold and 0 a sell - hold-leaning, with a consensus price target of $40.2 (+12.9% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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