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Independent Bank Corp (Michigan)
Previous close
$30.25
Day range
$30.06 - $30.65
Year range
$26.75 - $40.32
Market cap
623.96M USD
Avg Volume
83.18K
P/E ratio
9.81
Dividend yield
3.45%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Revenue | 54.44M | -3.64% |
Operating expense | 33.12M | 1.49% |
Net income | 16.88M | -8.91% |
Net profit margin | 31.00 | -5.46% |
Earnings per share | 0.82 | 9.33% |
EBITDA | — | — |
Effective tax rate | 18.38% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 146.16M | -42.86% |
Total assets | 5.42B | 2.67% |
Total liabilities | 4.95B | 2.11% |
Total equity | 469.25M | — |
Shares outstanding | 20.72M | — |
Price to book | 1.34 | — |
Return on assets | 1.26% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Jun 2025info | Y/Y change |
|---|---|---|
Net income | 16.88M | -8.91% |
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
