Independent Bank

Independent Bank

Banks
Independent Bank Corp (Ionia MI) operates as a commercial bank. It offers a broad 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. It also provides internet and mobile banking capabilities to its customers.

$801.7M

Market Cap • 11/6/2026

1973

(53 years)

Founded

1985

(41 years ago)

IPO

NASDAQ

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

1,4

P/S

3,2

P/E

10,7

BVPS

26,1

EPS

3,4

Market Cap

Market Cap

801,7M

Payout

Dividend Per Share

1,1

Dividend Yield

3%

Buyback Yield

1,3%

Total Yield

4,3%

Dividend Yield 5Y

3,1%

Payout

32,1%

Retained Earnings

288,6M

Profitability

Gross Margin

—

Net Margin

28,7%

ROE

13,5%

ROA

1,2%

Growth

CAGR Revenue 5Y

3,7%

CAGR Net Income 5Y

1,4%

CAGR EPS 5Y

2,1%

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