IBCP
Price:
$35.28
Market Cap:
$737.14M
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...[Read more]
Industry
Banks - Regional
IPO Date
1985-09-04
Stock Exchange
NASDAQ
Ticker
IBCP
According to Independent Bank Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 694.93M. This represents a change of 30.95% compared to the average of 530.69M of the last 4 quarters.
The mean historical Enterprise Value of Independent Bank Corporation over the last ten years is 462.69M. The current 694.93M Enterprise Value has changed 14.92% with respect to the historical average. Over the past ten years (40 quarters), IBCP's Enterprise Value was at its highest in in the December 2022 quarter at 655.59M. The Enterprise Value was at its lowest in in the March 2016 quarter at 209.11M.
Average
462.69M
Median
495.82M
Minimum
259.66M
Maximum
656.34M
Discovering the peaks and valleys of Independent Bank Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 193.50%
Maximum Annual Enterprise Value = 656.34M
Minimum Annual Increase = -31.84%
Minimum Annual Enterprise Value = 259.66M
Year | Enterprise Value | Change |
---|---|---|
2023 | 505.28M | -23.02% |
2022 | 656.34M | 27.52% |
2021 | 514.72M | 29.97% |
2020 | 396.03M | -31.84% |
2019 | 581.00M | 19.46% |
2018 | 486.37M | -4.51% |
2017 | 509.35M | 20.62% |
2016 | 422.28M | 42.74% |
2015 | 295.84M | 13.93% |
2014 | 259.66M | 193.50% |
The current Enterprise Value of Independent Bank Corporation (IBCP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
558.78M
5-year avg
530.67M
10-year avg
462.69M
Independent Bank Corporation’s Enterprise Value is greater than HMN Financial, Inc. (122.31M), greater than First Northwest Bancorp (364.52M), greater than Community West Bancshares (423.55M), greater than First Financial Northwest, Inc. (218.24M), less than Great Southern Bancorp, Inc. (1.05B), greater than Home Bancorp, Inc. (472.61M), less than Heritage Financial Corporation (1.06B), greater than HomeTrust Bancshares, Inc. (391.64M), greater than Lake Shore Bancorp, Inc. (82.38M), less than First Community Corporation (0), greater than Home Federal Bancorp, Inc. of Louisiana (83.07M), greater than null (5.09M),
Company | Enterprise Value | Market cap |
---|---|---|
122.31M | $124.97M | |
364.52M | $94.45M | |
423.55M | $370.20M | |
218.24M | $196.88M | |
1.05B | $715.31M | |
472.61M | $375.13M | |
1.06B | $835.05M | |
391.64M | $598.30M | |
82.38M | $75.59M | |
0 | $186.89M | |
83.07M | $40.63M | |
5.09M | $0 |
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What is the Enterprise Value?
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What is Independent Bank Corporation's Enterprise Value?
What is the highest Enterprise Value for Independent Bank Corporation (IBCP)?
What is the 3-year average Enterprise Value for Independent Bank Corporation (IBCP)?
What is the 5-year average Enterprise Value for Independent Bank Corporation (IBCP)?
How does the current Enterprise Value for Independent Bank Corporation (IBCP) compare to its historical average?