Independent Bank Corporation(MI)  

(Public, NASDAQ:IBCP)   Watch this stock  
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+0.30 (1.34%)
Oct 20 - Close
NASDAQ real-time data - Disclaimer
Currency in USD
Range 22.70 - 23.00
52 week 16.45 - 23.65
Open 22.80
Vol / Avg. 62,994.00/103,334.00
Mkt cap 485.40M
P/E 20.39
Div/yield 0.10/1.76
EPS 1.12
Shares 21.34M
Beta 0.55
Inst. own 81%
Oct 26, 2017
Q3 2017 Independent Bank Corp Earnings Call - 11:00AM EDT - Add to calendar
Oct 26, 2017
Q3 2017 Independent Bank Corp Earnings Release - 9:30AM EDT - Add to calendar
Aug 1, 2017
Independent Bank Corp at KBW Community Bank Investor Conference
Jul 27, 2017
Q2 2017 Independent Bank Corp Earnings Call - Webcast
Jul 27, 2017
Q2 2017 Independent Bank Corp Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q2 (Jun '17) 2016
Net profit margin 18.57% 18.67%
Operating margin 26.91% 26.98%
EBITD margin - 35.24%
Return on average assets 0.90% 0.92%
Return on average equity 9.19% 9.11%
Employees 737 -
CDP Score - -


4200 E Beltline Ave NE
GRAND RAPIDS, MI 49525-9783
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 all of the outstanding stock of Independent Bank (the Bank). The Bank focuses on commercial banking industry. The Bank offers a range of banking services to individuals and businesses, including 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. As of December 31, 2016, the Company's markets were served by the Bank's main office in Grand Rapids, Michigan, and a total of 62 branches, a drive-in facility and 12 loan production offices. The Bank's branches provide lobby and drive-in services, as well as automatic teller machines (ATMs). Its Bank also offers title insurance services through a subsidiary, and investment and insurance services through a third party agreement with Cetera Investment Services LLC.

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: 50
Bio & Compensation  - Reuters
Robert N. Shuster Chief Financial Officer, Executive Vice President
Age: 58
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Stefanie M. Kimball Executive Vice President, Chief Risk Officer
Age: 55
Bio & Compensation  - Reuters
Mark L. Collins Executive Vice President, General Counsel
Age: 57
Bio & Compensation  - Reuters
D. James Mack Executive Vice President, Chief Lending Officer
Age: 53
Bio & Compensation  - Reuters
David C. Reglin Executive Vice President - Retail Banking
Age: 55
Bio & Compensation  - Reuters
Peter R. Graves Senior Vice President, Chief Information Officer
Age: 57
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
James J. Twarozynski Senior Vice President, Controller
Age: 49
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Richard E. Butler Senior Vice President - Operations
Age: 63
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance