| 25.33 0.21 (0.84%) | 04-25 13:39 | |||||||||||||
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| Short term |  |
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| Mid term |  |
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| Targets | 6-month : | 29.97 |
1-year : | 35 |
| Resists | First : | 25.65 |
Second : | 29.97 |
| Pivot price | 24.07 |
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| Supports | First : | 23.86 |
Second : | 22.76 |
| MAs | MA(5) : | 24.92 |
MA(20) : | 24.18 |
| MA(100) : | 24.67 |
MA(250) : | 21.08 |
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| MACD | MACD : | 0.1 |
Signal : | -0.1 |
| %K %D | K(14,3) : | 91.7 |
D(3) : | 87.9 |
| RSI | RSI(14): 61.7 |
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| 52-week | High : | 27.38 | Low : | 14.89 |
Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.[ IBCP ] has closed below upper band by 10.2%. Bollinger Bands are 24.1% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.
| If tomorrow: | Open lower | Open higher |
| High: | 25.27 - 25.4 | 25.4 - 25.48 |
| Low: | 24.38 - 24.55 | 24.55 - 24.66 |
| Close: | 24.87 - 25.13 | 25.13 - 25.3 |
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Thu, 25 Apr 2024
Independent Bank Corp (Ionia MI) Reports Q1 2024 Earnings: Surpasses Analyst Projections - Yahoo Finance
Thu, 25 Apr 2024
Independent Bank (IBCP) Q1 Earnings and Revenues Top Estimates - Zacks Investment Research
Thu, 25 Apr 2024
Independent Bank Corporation Reports 2024 First Quarter Results - Yahoo Finance
Wed, 24 Apr 2024
Independent Bank Co. Announces Quarterly Dividend of $0.24 (NASDAQ:IBCP) - MarketBeat
Tue, 23 Apr 2024
Independent Bank Corp declares quarterly dividend By Investing.com - Investing.com
Tue, 23 Apr 2024
Independent Bank's Insightful Update at 2024 Annual Meeting - TipRanks.com - TipRanks
| Price to Book Value: P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
Outperform |
| Price to Earnings: PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
Neutral |
| Discounted cash flow: DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
Outperform |
| Return on Assets: ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
Outperform |
| Return on Equity: ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
Outperform |
| Debt to Equity: evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
Neutral |
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Exchange:
NASDAQ
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Sector:
Financial Services
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Industry:
Banks - Regional
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| Shares Out | 21 (M) |
| Shares Float | 19 (M) |
| Held by Insiders | 4.5 (%) |
| Held by Institutions | 81.3 (%) |
| Shares Short | 231 (K) |
| Shares Short P.Month | 257 (K) |
| EPS | 2.78 |
| EPS Est Next Qtrly | 0 |
| EPS Est This Year | 0 |
| EPS Est Next Year | 0 |
| Book Value (p.s.) | 19.4 |
| Profit Margin | 29.4 % |
| Operating Margin | 37.6 % |
| Return on Assets (ttm) | 1.1 % |
| Return on Equity (ttm) | 15.7 % |
| Qtrly Rev. Growth | -1.8 % |
| Gross Profit (p.s.) | 0 |
| Sales Per Share | 9.6 |
| EBITDA (p.s.) | 0 |
| Qtrly Earnings Growth | -7.1 % |
| Operating Cash Flow | 76 (M) |
| Levered Free Cash Flow | 0 (M) |
| PE Ratio | 9.08 |
| PEG Ratio | 1 |
| Price to Book value | 1.3 |
| Price to Sales | 2.63 |
| Price to Cash Flow | 7 |
| Dividend | 0.23 |
| Forward Dividend | 0 |
| Dividend Yield | 0.9% |
| Dividend Pay Date | Invalid DateTime. |
| Ex-Dividend Date | Invalid DateTime. |
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