Independent Bank Corporation (IBCP) Stock Score, Valuation & Financial Research
Independent Bank Corporation is in the Financial Services sector and Banks - Regional industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 55/100.
Quick answer for IBCP
Independent Bank Corporation currently has a Wall Street Score of 55/100. The stored market price is $37.19. Its financial score is 38/100. Its valuation score is 97/100. The latest WSS change is -0.9 points. These figures are a research snapshot, not a buy or sell recommendation.
What Independent Bank Corporation does
As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.
IBCP financial snapshot
- Wall Street Score:
- 55/100
- Current price:
- $37.19
- Market capitalization:
- $766.3M
- Revenue:
- $316.0M
- Net income:
- $71.8M
- Free cash flow:
- $70.2M
- Cash:
- $64.1M
- Total debt:
- $166.9M
- EPS:
- 3.30
- P/E ratio:
- 11.3x
- Financial score:
- 38/100
- Valuation score:
- 97/100
- Revenue score:
- 27/100
What stands out
- Reported year-over-year revenue growth is +0.0%.
- Free cash flow is $70.2M, showing positive cash generation.
- The balance sheet shows $64.1M of cash versus $166.9M of total debt, so leverage deserves attention.
- The latest Wall Street Score change is -0.9 points: IBCP decreased 0.9 points because some fundamentals weakened.
What the numbers mean
Its current valuation score is 97/100, which Wall Street Score classifies as strong within the model's valuation framework.
The financial score is 38/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.
A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.
Data freshness: Financial data last refreshed 2026-08-14.
How to research IBCP
Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.
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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.