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Independent Bank Corp (Michigan)
Previous close
$35.39
Day range
$34.48 - $35.95
Year range
$26.75 - $37.13
Market cap
718.11M USD
Avg Volume
137.96K
P/E ratio
10.67
Dividend yield
3.23%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Revenue | 56.39M | -5.63% |
Operating expense | 35.22M | -2.87% |
Net income | 18.57M | 0.60% |
Net profit margin | 32.94 | 6.64% |
Earnings per share | 0.88 | 41.94% |
EBITDA | — | — |
Effective tax rate | 8.56% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 138.39M | -11.82% |
Total assets | 5.51B | 3.14% |
Total liabilities | 5.00B | 2.44% |
Total equity | 502.95M | — |
Shares outstanding | 20.55M | — |
Price to book | 1.45 | — |
Return on assets | 1.35% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Dec 2025info | Y/Y change |
|---|---|---|
Net income | 18.57M | 0.60% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan. Wikipedia
Founded
1864
Headquarters
Website
Employees
783
