The Technical Analyst
Independent Bank Corp [IBCP]
Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Independent Bank Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
-0.72% $24.99
America/New_York / 26 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 522.43 mill |
| EPS: | 2.79 |
| P/E: | 8.96 |
| Earnings Date: | Apr 25, 2024 |
| SharesOutstanding: | 20.91 mill |
| Avg Daily Volume: | 0.0759 mill |
| RATING 2024-04-26 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Neutral | |
| DE: | Neutral | |
| P/E: | Neutral | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 8.96 | sector: PE -18.15 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.74x |
| Company: PE 8.96 | industry: PE 12.17 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 24.26 - 25.62 ( +/- 2.73%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-02-15 | Budden Joan A | Buy | 314 | Phantom Stock Units |
| 2024-04-01 | Boer William J | Buy | 366 | Common Stock |
| 2024-02-15 | Gulis Stephen L Jr | Buy | 566 | Phantom Stock Units |
| 2024-04-01 | Keller Christina | Buy | 745 | Phantom Stock Units |
| 2024-02-15 | Keller Christina | Buy | 160 | Phantom Stock Units |
| INSIDER POWER |
|---|
| 32.21 |
| Last 100 transactions |
| Buy: 78 212 | Sell: 40 414 |
Forecast:
16:00 - $24.99
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $24.99
Forecast 2: 16:00 - $24.99
Forecast 3: 16:00 - $24.99
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $24.99 (-0.72% ) |
| Volume | 0.0533 mill |
| Avg. Vol. | 0.0759 mill |
| % of Avg. Vol | 70.20 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For IBCP
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $24.15 | N/A | Active |
|---|
IBCP
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Last 10 Buy Signals
Latest Press Releases
2024-04-25 07:59:00 - Press Release
Independent Bank Corporation Reports 2024 First Quarter Results
First quarter highlights highlights for the first quarter of 2024 include: increases in net income and diluted earnings per share of 23.1% and 24.6%, respectively, over first quarter of 2023; an increase in tangible book value per share of $2.50 (15.7%) over the first quarter of 2023; net growth in core deposits of $95.7 million (or 9.0% annualized) from december 31, 2023; net growth in loans of $49.1 million (or 5.3% annualized) from december 31, 2023; and the payment of a 24 cent per share dividend on common stock on february 15, 2024. grand rapids, mich.
2024-04-23 12:10:00 - Press Release
Independent Bank Corporation Announces Appointment Of Stephen L. Gulis, Jr. As Chairperson To Its Board Of Directors
Grand rapids, mich., april 23, 2024 (globe newswire) -- independent bank corporation (nasdaq: ibcp), the holding company of independent bank, a michigan-based community bank, announced that its board of directors appointed stephen l. gulis, jr. as chairperson to the boards of the corporation and the bank. mr. gulis succeeds mr. michael m. magee who served as chairperson of the corporation and the bank since january 1, 2013. mr. gulis became a director of the boards of independent bank corporation and independent bank in 2004. he retired in 2008 as the executive vice president and president of wolverine worldwide global operations group. he served as executive vice president, cfo, and treasurer of wolverine worldwide prior to his appointment as president, global operations...
2024-04-23 09:54:00 - Press Release
Independent Bank Corporation Announces Quarterly Cash Dividend On Common Stock
Grand rapids, mich., april 23, 2024 (globe newswire) -- independent bank corporation (nasdaq: ibcp), the holding company of independent bank, a michigan-based community bank, announced that today its board of directors declared a quarterly cash dividend on its common stock of 24 cents per share. this dividend is payable on may 13, 2024 to shareholders of record on may 3, 2024.
2024-04-02 16:55:00 - Press Release
Independent Bank Corporation Announces Date For Its First Quarter 2024 Earnings Release
Grand rapids, mich., april 02, 2024 (globe newswire) -- independent bank corporation (nasdaq: ibcp), the holding company of independent bank, a michigan-based community bank, announced that it expects to issue its 2024 first quarter results on thursday, april 25, 2024, at approximately 8:00 am et. the release will be available on the internet at independentbank.com within the “news” section of the “investor relations” area of the company's website.
2024-01-25 07:59:00 - Press Release
Independent Bank Corporation Reports 2023 Fourth Quarter Results
Fourth quarter highlights highlights for the fourth quarter of 2023 include: an increase in net interest income of $0.7 million (1.7%) over the third quarter of 2023; an increase in book value and tangible book value per share of $1.42 and $1.43 respectively; net growth in loans of $49.4 million (or 5.2% annualized) from september 30, 2023; and the payment of a 23 cent per share dividend on common stock on november 13, 2023. grand rapids, mich.
Latest News
2024-04-25 20:50:23 - Seeking Alpha
Independent Bank Corporation (IBCP) Q1 2024 Earnings Call Transcript
Independent Bank Corporation (NASDAQ:IBCP ) Q1 2024 Results Conference Call April 25, 2024 11:00 AM ET Company Participants William Kessel - President and CEO Joel Rahn - EVP, Commercial Lending Gavin Mohr - CFO Conference Call Participants Brendan Nosal - Hovde Group Damon DelMonte - KBW John Rodis - Janney Operator Ladies and gentlemen, thank you for standing by. Welcome to the Independent Bank Corporation Reports 2024 First Quarter Results.
2024-04-25 10:16:09 - Zacks Investment Research
Independent Bank (IBCP) Q1 Earnings and Revenues Top Estimates
Independent Bank (IBCP) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.61 per share a year ago.
2024-04-02 16:55:00 - GlobeNewsWire
Independent Bank Corporation Announces Date for Its First Quarter 2024 Earnings Release
GRAND RAPIDS, Mich., April 02, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 first quarter results on Thursday, April 25, 2024, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website.
2024-03-25 06:01:04 - Zacks Investment Research
Best Income Stocks to Buy for March 25th
EBMT, IBCP and AMSF made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 25, 2023.
2024-02-07 10:56:21 - Zacks Investment Research
Independent Bank (IBCP) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Independent Bank (IBCP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
2024-01-31 10:16:05 - Zacks Investment Research
Independent Bank Corporation (IBCP) Hit a 52 Week High, Can the Run Continue?
Independent Bank (IBCP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
2024-01-29 03:51:03 - Zacks Investment Research
Best Value Stocks to Buy for January 29th
IBCP, BBVA and MSBI made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 29, 2023.
2024-01-26 23:29:02 - Seeking Alpha
Independent Bank Corporation (IBCP) Q4 2023 Earnings Call Transcript
2024-01-26 09:21:04 - Zacks Investment Research
5 Stocks to Watch on Their Recent Dividend Hikes
Investors may keep a tab on stocks like SFNC, IBCP, SPGI, HBT and CNI, which have lately hiked their dividend payments.
2024-01-12 13:32:20 - Zacks Investment Research
Will Independent Bank (IBCP) Beat Estimates Again in Its Next Earnings Report?
Independent Bank (IBCP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.