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Independent Bank Corp (Michigan)
Previous close
$33.12
Day range
$32.77 - $33.74
Year range
$26.75 - $37.39
Market cap
684.98M USD
Avg Volume
151.86K
P/E ratio
10.18
Dividend yield
3.37%
Primary exchange
NASDAQ
Market 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 | 167.87M | 6.96% |
Total assets | 5.51B | 3.14% |
Total liabilities | 5.00B | 2.44% |
Total equity | 502.95M | — |
Shares outstanding | 20.59M | — |
Price to book | 1.35 | — |
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 | 7.79M | -52.39% |
Cash from investing | -45.56M | 46.54% |
Cash from financing | -32.53M | -148.42% |
Net change in cash | -70.30M | -4,089.45% |
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
781
