Independent Bank Corporation(MI)  

(Public, NASDAQ:IBCP)   Watch this stock  
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-0.07 (-0.59%)
Real-time:   12:54PM EDT
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Currency in USD
Range 12.04 - 12.35
52 week 8.66 - 14.25
Open 12.22
Vol / Avg. 41,863.00/104,045.00
Mkt cap 277.10M
P/E 15.82
Div/yield 0.06/1.99
EPS 0.76
Shares 22.94M
Beta 1.33
Inst. own 75%
Jul 28, 2014
Q2 2014 Independent Bank Corp Earnings Call
Jul 28, 2014
Q2 2014 Independent Bank Corporation Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q2 (Jun '14) 2013
Net profit margin 21.33% 63.78%
Operating margin 27.84% 18.64%
EBITD margin - 27.67%
Return on average assets 1.08% 3.66%
Return on average equity 10.12% 58.13%
Employees 723 -
CDP Score - -


230 W MAIN ST, PO Box 491
IONIA, MI 48846
United States - Map
+1-616-5279450 (Phone)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money


Independent Bank Corporation is a bank holding company. The Company owns Independent Bank (the Bank). The Bank is engaged in commercial banking. The Bank�s activities include checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending and safe deposit box services. The Company�s principal markets are the rural and suburban communities across Lower Michigan that is served by its bank's branch network. As of December 31, 2011, the Bank served its markets through its main office and a total of 100 branches, three drive-thru facilities and two loan production offices. Automatic teller machines are also provided at most locations. On December 7, 2012, the Company's subsidiary bank, Independent Bank, sold 21 of its branches to Chemical Bank, headquartered in Midland, Michigan.

Officers and directors

Michael M. Magee Jr. Executive Chairman of the Board
Age: 58
Bio & Compensation  - Reuters
William Bradford Kessel President, Chief Executive Officer, Director
Age: 49
Bio & Compensation  - Reuters
Robert N. Shuster Chief Financial Officer, Executive Vice President
Age: 56
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Stefanie M. Kimball Executive Vice President, Chief Risk Officer
Age: 54
Bio & Compensation  - Reuters
Mark L. Collins Executive Vice President, General Counsel
Age: 56
Bio & Compensation  - Reuters
D. James Mack Executive Vice President, Chief Lending Officer
Age: 52
Bio & Compensation  - Reuters
David C. Reglin Executive Vice President - Retail Banking
Age: 54
Bio & Compensation  - Reuters
Peter R. Graves Senior Vice President, Chief Information Officer
Age: 56
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
James J. Twarozynski Senior Vice President, Controller
Age: 48
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Richard E. Butler Senior Vice President - Operations
Age: 62
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance