IBCP
Independent Bk (IBCP)
NASDAQ
$33.19-$1.07 (-3.12%)
Price as of Jun 03, 2026 4:15 PM EDT
  • $707.2M
    Market Cap
  • 11.74%
    1-Year Change
  • Banks - Regional
    Industry

Key Performance

More
  • Earnings Score: N/A
  • Momentum Score: 34
  • True Yield: 62
  • Financial Health Score: N/A
TradeSmith Loading

Latest Research & News

URGENT: The M&A Class Action Firm Launches Legal Inquiry for the Merger—LSTA, IBCP, HCBN, and SILA

Class action law firm Monteverde & Associates PC announced investigations into several merger and acquisition transactions, including Lisata Therapeutics' sale to Smithfield Foods, Independent Bank Corporation's merger with HCB Financial Corp, and Sila Realty Trust's sale to Sunshine Ultimate Parent LLC. The firm is seeking shareholders who may have concerns about these proposed deals.

05/04/2026, 1:45 PM • GlobeNewswire

Independent Bank Corporation Announces Quarterly Cash Dividend On Common Stock

Independent Bank Corporation (NASDAQ: IBCP) announced a quarterly cash dividend of $0.28 per share, payable on May 14, 2026, to shareholders of record on May 4, 2026. The Michigan-based bank holding company, with approximately $5.5 billion in total assets, continues its dividend distribution to shareholders.

04/21/2026, 1:37 PM • Benzinga

SHAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--VYNE, MASI, IBCP, and HCBN

Monteverde & Associates PC, a class action securities firm, is investigating four merger and acquisition transactions: VYNE Therapeutics' merger with Yarrow Bioscience (VYNE shareholders to own 3% of combined company), Masimo Corporation's sale to Danaher ($180 per share), Independent Bank Corporation's sale to HCB Financial Corp, and HCB Financial Corp's merger with Independent Bank Corporation. The shareholder vote is scheduled for May 1, 2026.

04/01/2026, 2:06 PM • Benzinga

SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of HCB Financial Corp. (OTCPK: HCBN)

Class action law firm Monteverde & Associates PC is investigating HCB Financial Corp.'s proposed merger with Independent Bank Corporation to determine if the deal terms are fair to shareholders. Under the proposed transaction, HCB shareholders would receive 1.5900 shares of Independent common stock and $17.51 per share.

03/19/2026, 2:06 PM • Benzinga

Independent Bank Corporation and HCB Financial Corp. Announce Definitive Merger Agreement

Independent Bank Corporation (NASDAQ: IBCP) has announced a definitive merger agreement to acquire HCB Financial Corp. (OTCPK: HCBN), parent company of Highpoint Community Bank, in a cash and stock transaction valued at approximately $70.2 million. The combined organization will have approximately $6.1 billion in total assets. The merger is expected to close in early Q3 2026 and is projected to be 6% accretive to Independent's 2027 earnings per share.

03/18/2026, 5:00 PM • Benzinga

Independent Bank Corporation and HCB Financial Corp. Announce Definitive Merger Agreement

Independent Bank Corporation announced a definitive merger agreement to acquire HCB Financial Corp. (parent of Highpoint Community Bank) for approximately $70.2 million in a cash and stock transaction. The merger combines two Michigan-based community banks, creating a combined organization with $6.1 billion in assets. The transaction is expected to close in Q3 2026 and be approximately 6% accretive to Independent's 2027 earnings per share.

03/18/2026, 5:00 PM • GlobeNewswire

Independent Bank Corporation Announces 7.7% Increase in Quarterly Cash Dividend on Common Stock

Independent Bank Corporation (NASDAQ: IBCP) announced a 7.7% increase in its quarterly cash dividend to $0.28 per share, marking the thirteenth consecutive annual dividend increase. The dividend is payable on February 13, 2026, to shareholders of record on February 3, 2026. CEO William B. Kessel attributed the increase to the company's consistent long-term performance, robust capital position, and optimistic future outlook.

01/16/2026, 8:25 AM • Benzinga

Independent Bank Corporation Announces Appointment of Michael J. Stodolak as Executive Vice President Retail Banking following the Retirement of Russ Daniel

Independent Bank Corporation promoted Mike Stodolak to Executive Vice President of Retail Banking, effective following the retirement of Russ Daniel in March 2026. Stodolak brings 25 years of experience with the bank and has led retail network and consumer lending initiatives. Daniel is retiring after 27 years of service in various leadership roles.

01/02/2026, 8:00 AM • GlobeNewswire

Independent Bank Corporation Announces Date for Its Fourth Quarter 2025 Earnings Release

Independent Bank Corporation (NASDAQ: IBCP) announced it will release its 2025 fourth quarter results on January 22, 2026, followed by a conference call with executives including President and CEO Brad Kessel, CFO Gavin Mohr, and EVP Commercial Banking Joel Rahn. The Michigan-based community bank with approximately $5.5 billion in total assets will provide webcast access and a replay available through January 2027.

12/31/2025, 12:45 PM • GlobeNewswire

Independent Bank Corporation Announces the Adoption of its 2026 Share Repurchase Plan

Independent Bank Corporation authorized a share repurchase plan for 2026, allowing buyback of up to 1,100,000 shares (approximately 5% of common stock) through open market transactions, funded by cash on hand.

12/16/2025, 2:45 PM • GlobeNewswire

Independent Bank (IBCP) Earnings Transcript

Independent Bank reported strong municipal deposit growth, stable net interest margin, and minimal credit concerns in Q3 2025. The bank added three experienced commercial bankers in Southeast Michigan and maintained an optimistic outlook on future asset repricing.

10/28/2025, 12:27 PM • The Motley Fool

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock

Independent Bank Corporation announced a quarterly cash dividend of 26 cents per share, payable on November 14, 2025, to shareholders of record on November 4, 2025.

10/21/2025, 1:49 PM • GlobeNewswire

Independent Bank Corporation Announces Date for Its Third Quarter 2025 Earnings Release

Independent Bank Corporation will release its Q3 2025 financial results on October 28, 2025, at 8:00 am ET, with a conference call for investors and analysts at 11:00 am ET the same day.

09/29/2025, 12:17 PM • Benzinga

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock

Independent Bank Corporation announced a quarterly cash dividend of 26 cents per share, payable on August 15, 2025, to shareholders of record on August 5, 2025.

07/22/2025, 2:27 PM • GlobeNewswire

Peers

Statistics

More
Day Range
$33.43
$34.49
$34.26
1-Year Range
$30.08
$36.97
$34.26
Latest Close$34.26
Change
+$0.49 (+1.43%)
Volume143,301
Market Cap$707.2M
Shares Outstanding20.6M
P/E (TTM)10.18
Diluted EPS (TTM)$3.37
Enterprise Value$599.2M

Information as of 06/02/2026

Company Profile

INDEPENDENT BANK CORP
INDEPENDENT BANK CORP
https://www.independentbank.com
$707.2M
Market Cap
$69.8M
Net Income
Sector: Financial Services
Industry: Banks - Regional
4200 East Beltline, Grand Rapids, MI, United States, 49525
616 363 1207

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Key Executives

  • William Bradford Kessel
  • Gavin A. Mohr
  • Joel F. Rahn
  • Stefanie Kimball
  • Patrick J. Ervin

Current Ownership Distribution

  • Institutions312.9M (78.92%)
  • Mutual Funds82.3M (20.76%)
  • Insiders1.3M (0.32%)
  • Other0 (0.00%)