Independent Bank (Michigan)

Independent Bank (Michigan)IBCP

Price

$ 24.54

Market Capitalization

$ 512.94 M

Shares Outstading

20.902 M

Change

$ 0.66

Percentage Change

2.76 %

Country

United States 🇺🇸

Industry

Banks—Regional

Financial Services

Exchange

NASDAQ Global Select

IPO

1985-09-04

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 deposi

PE Ratio of Independent Bank (Michigan) ( IBCP)

PE Ratio : 9.24306

Independent Bank (Michigan) has PE Ratio of 9.24306 .The current price of Independent Bank (Michigan) is $24.54 (2.76 %).

The Price-to-Earnings (P/E) ratio is a financial metric that compares a company's current stock price to its earnings per share (EPS). It provides insight into the market's expectations regarding a company's future earnings growth and overall valuation, with a higher P/E suggesting greater growth expectations or optimism.
PE Ratio of Independent Bank (Michigan) from 2001 to 2024
Year on Year PE Ratio of Independent Bank (Michigan)
PE Ratio
YearPE RatioChange %
31-03-20236.392-20.1%
31-03-20228.00013.71%
31-03-20217.0361.68%
31-03-20206.919-47.14%
31-03-201913.090-36.55%
31-03-201820.63115.61%
31-03-201717.84511.61%
31-03-201615.989-0.3%
31-03-201516.037843.96%
31-03-20141.699-47.62%
31-03-20133.244-335.89%
31-03-2012-1.375-95.7%
31-03-2011-32.00017024.57%
31-03-2010-0.187-61.27%
31-03-2009-0.482-101.35%
31-03-200835.79387.68%
31-03-200719.07138.38%
31-03-200613.782-10.42%
31-03-200515.385-0.25%
31-03-200415.423-6.84%
31-03-200316.5558.84%
31-03-200215.21112.76%
31-03-200113.490
Market Cap of Magnificent 7

Stock Ticker

Market Cap

Price

Change

Price(30 Days)

Country

$ 3.327 T

$ 447.67

-0.47%

$ -2.11

United States🇺🇸

$ 3.192 T

$ 208.14

0.31%

$ 0.65

United States🇺🇸

$ 2.905 T

$ 118.11

-6.68%

$ -8.46

United States🇺🇸

$ 2.229 T

$ 180.79

0.29%

$ 0.53

United States🇺🇸

$ 1.931 T

$ 185.57

-1.86%

$ -3.51

United States🇺🇸

$ 1.807 T

$ 7.46985

1.08%

$ 0.08

Saudi Arabia🇸🇦

$ 1.266 T

$ 498.91

0.83%

$ 4.13

United States🇺🇸

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