# Independent Bank Corporation share price today (Independent Bank Corporation, IBCP)

> Independent Bank Corporation is reporting record margins. IBCP · Financials · Banks - Regional · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/ibcp

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: $37.25 (+21.5% in a year)
- P/BV: 1.4× (higher than 73% of the last 5.3 years)
- Revenue (Jun 2026): $60.5 M (+11.2% on a year ago)
- Profit (Jun 2026): $18.8 M (+11.4% on a year ago)
- Net margin: 31.1% (+0.1 points on a year ago)
- ROE: 14%, FY25
- ROA: 1.23%, latest

Biggest thing to watch: the net margin is the best this company has ever reported. Every ratio looks better at a record, so the story depends on the net margin staying high. ## What is the Independent Bank Corporation share price today? Independent Bank Corporation's share price was $37.25 at the close on 4 November 2026. It has been rising for 25 weeks. That is 5.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $31 and $38, and at that close it sat 86% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 10 years the share price moved +155% while the S&P 500 moved +245%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Independent Bank Corporation pay? Independent Bank Corporation paid $1.08 per share over the last four reported quarters. The most recent declaration was $0.28 for Jun 2026. At today's price of $37.25 that is a yield of 2.90%, based on dividends already paid, not a forecast. ## Which stock lists is Independent Bank Corporation on? Independent Bank Corporation is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Independent Bank Corporation profitable? Independent Bank Corporation earned $18.8 M of net profit in the Jun 2026 quarter, +11.4% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY25 profit was $68.5 M. Over 4 years profit has grown 2.2% a year on average. That is 31.1% of the quarter's revenue. The same quarter a year earlier earned $16.9 M. For the full year, FY25 profit was $68.5 M (+2.6% on the year before). Why profit moved: revenue changed +11.2% on a year earlier and the margin moved +0.1 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +11.7% and revenue +6.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Independent Bank Corporation make, and is it growing? Independent Bank Corporation reported $60.5 M of income in the Jun 2026 quarter, +11.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 1.3% a year on average. The last full year, FY25, came in at $220 M. The last four reported quarters add to $231 M. FY25 revenue was $220 M, +0.6% on the year before. Recent pace: the last four quarters grew +6.5% on average, against 1.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +6.1%, against +4.3% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +10.8%, against +4.4% a year (accelerating). ## How much does Independent Bank Corporation keep from what it earns? Independent Bank Corporation's net margin was 31.1% in the Jun 2026 quarter, 0.1 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 29.4% and 31.2%. The latest quarter is within that range. Across 5 years it has been between 29.4% and 31.2%, and FY25's 31.2% is the highest of them. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## How many of Independent Bank Corporation's loans have gone bad? Independent Bank Corporation does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Independent Bank Corporation's loan book growing? Independent Bank Corporation's revenue was $220 M in FY25, +0.6% on the year before, so the loan book is growing. The latest quarter was +11.2% on a year earlier. The net margin on that income is 31.1%, +0.1 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is Independent Bank Corporation's P/BV ratio, and how does it compare with its own history? Independent Bank Corporation's P/BV is 1.4×, near the high end of its own history: higher than 73% of past readings. Its usual P/BV (the middle reading) is 1.3×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved +21.5%. The price ran ahead of book value, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +9.2% a year; about +6.5% a year came from book-value growth and about +2.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the Independent Bank Corporation business getting better or worse? Independent Bank Corporation's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 13.6%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Independent Bank Corporation earn on its equity and assets? Independent Bank Corporation earned a return on equity of 14% in FY25. That is its lowest yearly reading on file. On its assets, every $100 earned about $1.23, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does Independent Bank Corporation have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Independent Bank Corporation shareholding pattern? 3.1% of Independent Bank Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Independent Bank Corporation from balance-sheet trouble? For Independent Bank Corporation, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Independent Bank Corporation rank in its industry? There is no score against its industry: Independent Bank Corporation is not among the largest members shown in this industry comparison for Banks - Regional. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Independent Bank Corporation compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Independent Bank Corporation in size? Independent Bank Corporation is the 174th largest of 274 Banks - Regional companies on Sector Alpha by market value (scores of 5 November 2026). Just above it: SmartFinancial, Inc., Peapack-Gladstone Financial Corporation and South Plains Financial, Inc. Just below it: Southern Missouri Bancorp, Inc., AGI Inc and Financial Institutions, Inc. ### Banks - Regional companies close in size

1. [SmartFinancial, Inc.](https://www.sectoralpha.in/us/stocks/smbk) $847 million
2. [Peapack-Gladstone Financial Corporation](https://www.sectoralpha.in/us/stocks/pgc) $830 million
3. [South Plains Financial, Inc.](https://www.sectoralpha.in/us/stocks/spfi) $828 million
4. Independent Bank Corporation $823 million
5. [Southern Missouri Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/smbc) $798 million
6. [AGI Inc](https://www.sectoralpha.in/us/stocks/agbk) $791 million
7. [Financial Institutions, Inc.](https://www.sectoralpha.in/us/stocks/fisi) $789 million

[All 274 Banks - Regional companies, largest first](https://www.sectoralpha.in/us/sectors/banks-regional#all-companies)

### Companies close in size in other industries

1. [Heartland Express, Inc.](https://www.sectoralpha.in/us/stocks/htld) $828 million · Trucking
2. [Ardelyx, Inc.](https://www.sectoralpha.in/us/stocks/ardx) $827 million · Biotechnology
3. Independent Bank Corporation $823 million
4. [Array Technologies, Inc.](https://www.sectoralpha.in/us/stocks/arry) $822 million · Solar
5. [Esperion Therapeutics, Inc.](https://www.sectoralpha.in/us/stocks/espr) $819 million · Drug Manufacturers - Specialty & Generic

## What else do people ask about Independent Bank Corporation? ### What were Independent Bank Corporation's latest quarterly results? Independent Bank Corporation reported total income of $60.5 M and net profit of $18.8 M for the Jun 2026 quarter. Income rose 11.2% and profit rose 11.4% compared with a year earlier. Earnings per share were $0.90. The net margin was 31.1%, 0.1 percentage points higher than a year earlier (as of 4 November 2026). ### What is Independent Bank Corporation's market cap? Independent Bank Corporation's market capitalisation is $823 M at a stock price of $37.25. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Independent Bank Corporation performing? Independent Bank Corporation's share price has been rising for 25 weeks. In its latest quarter, income rose 11.2% and profit rose 11.4% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 4 November 2026). ### Will Independent Bank Corporation's stock price go up? This page does not forecast Independent Bank Corporation's stock price. What it shows instead: the stock price is $37.25, and it has been rising for 25 weeks. Its P/BV of 1.4× is higher than 73% of its own last 5 years (as of 4 November 2026). ### Where is Independent Bank Corporation in its business cycle? Independent Bank Corporation's FY25 net margin was 31.2%, against a 5-year range of 29.4% to 31.2%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 31.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Independent Bank Corporation story? Biggest thing to watch: the net margin is the best this company has ever reported. Every ratio looks better at a record, so the story depends on the net margin staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Independent Bank Corporation a stock worth studying right now? What the numbers show: Independent Bank Corporation is reporting record margins. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). This is research, not advice. We’re not SEBI-registered.