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As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities.
Price
| Price | $36.47 |
| Market Cap | $752M |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 10.58 |
| Price / Book | 1.44 |
| EV / EBITDA | 9.25 |
| Dividend Yield | 2.99% |
Profitability
| Return on Equity | 14.12% |
| Return on Invested Capital | -1.70% |
| Return on Assets | 1.27% |
| Gross Margin | 71.30% |
| Operating Margin | 26.72% |
| Net Margin | 22.71% |
Related companies: BCAL · CAC · CCBG · GSBC · MCBS · ORRF · SMBC
Explore sector: Financial Services · Banks - Regional
More sections of IBCP: Overview · Financials · Valuation · Statistics · Estimates · Technical · Ownership · Events
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