IBCP
Independent Bank CorporationNASDAQ
Financial Services • Banks - Regional
Factor tilt: Small-Cap Blend
$36.31-0.06%
Close Nov 6, 2026
- Market cap
- $748.21M
- 1 month
- +1.5%
- 3 months
- -4.2%
- 1 year
- +17.9%
- 52-week range
- $30.08$38.67
- Dividend, last 12 mo
- $1.12 · 3.08% yield
- Last ex-date
- Nov 3, 2026 · $0.28
- Dividend growth
- 11+ years in a row
- Short interest
- 668.3K sharessettled Oct 15, 2026 · -13.3% since Sep 30, 2026 · FINRA
Fundamentals · trailing 12 months to Sep 30, 2026
- Revenue
- $322.84M
- Net income
- $72.1M
- Free cash flow
- —
- Book value
- $577.3M
- Total debt
- —
- P/E
- 10.4×
- Price / sales
- 2.3×
- Price / book
- 1.3×
- FCF yield
- —
- Net margin
- +22.3%
EODHD (TTM) · as of Nov 6, 2026
End-of-day close from stored market data, not a live quote.
About Independent Bank Corporation
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts.
Read more
It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
- Website
- independentbank.com
- Headquarters
- Grand Rapids, MI, United States
- Employees
- 735
- Listed
- Jan 2, 2001
- Fiscal year ends
- December
Company profile from EODHD, stored Nov 7, 2026.
Quarterly results
The last 8 fiscal quarters as reported (EODHD). Year over year compares the same quarter a year earlier. Gross margin and operating income are not shown for a bank or insurer.
| Quarter | Revenue | YoY | Net income |
|---|---|---|---|
| Sep 2026filed Nov 4, 2026 | $86.2M | +8.6% | $17.9M |
| Jun 2026filed Aug 5, 2026 | $82.6M | +8.2% | $18.8M |
| Mar 2026filed May 6, 2026 | $74.6M | -0.1% | $16.9M |
| Dec 2025filed Mar 6, 2026 | $79.4M | -6.1% | $18.6M |
| Sep 2025filed Nov 5, 2025 | $79.4M | +4.4% | $17.5M |
| Jun 2025filed Aug 6, 2025 | $76.3M | -4.3% | $16.9M |
| Mar 2025filed May 7, 2025 | $74.7M | -1.9% | $15.6M |
| Dec 2024filed Mar 7, 2025 | $84.5M | +16.0% | $18.5M |
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Net income |
|---|---|---|---|
| Dec 2025filed Mar 6, 2026 | $315.4M | -0.3% | $68.5M |
| Dec 2024filed Mar 7, 2025 | $316.3M | +11.5% | $66.8M |
| Dec 2023filed Mar 8, 2024 | $283.8M | +26.6% | $59.1M |
| Dec 2022filed Mar 3, 2023 | $224.2M | +8.3% | $63.4M |
| Dec 2021filed Mar 4, 2022 | $207.1M | -3.3% | $62.9M |
| Dec 2020filed Mar 5, 2021 | $214.2M | +12.3% | $56.2M |
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched IBCP. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 15, 2026
668,302 shares short
-102,774 shares (-13.3%) vs Sep 30, 2026
Share of float unavailable. Published Oct 26, 2026.
Settlement Sep 30, 2026
771,076 shares short
+13,871 shares (+1.8%) vs Sep 15, 2026
Share of float unavailable. Published Oct 9, 2026.
Settlement Sep 15, 2026
757,205 shares short
+62,012 shares (+8.9%) vs Aug 31, 2026
Share of float unavailable. Published Sep 24, 2026.
Settlement Aug 31, 2026
695,193 shares short
+65,228 shares (+10.4%) vs Aug 14, 2026
3.5% of the stored float. Published Sep 10, 2026.
Settlement Aug 14, 2026
629,965 shares short
+85,552 shares (+15.7%) vs Jul 31, 2026
3.1% of the stored float. Published Aug 25, 2026.
Settlement Jul 31, 2026
544,413 shares short
+17,304 shares (+3.3%) vs Jul 15, 2026
2.7% of the stored float. Published Aug 11, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind IBCP’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
USD 0.28 per share
Ex-dividend date: Nov 3, 2026
Recorded pay date: Nov 13, 2026 (pending)
Cash dividend · Polygon event record
USD 0.28 per share
Ex-dividend date: Aug 4, 2026
Recorded pay date: Aug 14, 2026 (past date)
Cash dividend · Polygon event record
USD 0.28 per share
Ex-dividend date: May 4, 2026
Recorded pay date: May 14, 2026 (past date)
Cash dividend · Polygon event record
USD 0.28 per share
Ex-dividend date: Feb 3, 2026
Recorded pay date: Feb 13, 2026 (past date)
Cash dividend · Polygon event record
USD 0.26 per share
Ex-dividend date: Nov 4, 2025
Recorded pay date: Nov 14, 2025 (past date)
Cash dividend · Polygon event record
USD 0.26 per share
Ex-dividend date: Aug 5, 2025
Recorded pay date: Aug 15, 2025 (past date)
Cash dividend · Polygon event record
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
1 for 10 · reverse split
Effective Sep 1, 2010
Each 10 pre-split shares become 1 post-split share.
Source: EODHD
21 for 20 · forward split
Effective Aug 31, 2006
Each 20 pre-split shares become 21 post-split shares.
Source: EODHD
21 for 20 · forward split
Effective Sep 1, 2005
Each 20 pre-split shares become 21 post-split shares.
Source: EODHD
11 for 10 · forward split
Effective Oct 2, 2003
Each 10 pre-split shares become 11 post-split shares.
Source: EODHD
3 for 2 · forward split
Effective Jan 2, 2003
Each 2 pre-split shares become 3 post-split shares.
Source: EODHD
21 for 20 · forward split
Effective Oct 2, 2002
Each 20 pre-split shares become 21 post-split shares.
Source: EODHD
Up to six stored split dates through Nov 7, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
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Smart money context
Holder IQ: MEDIUM
17 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Sep 23, 2026
Smart-money 13F trend: accumulating (light)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: bearish
Last trade: sell 52 days ago
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 15
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
182 filers reported a long position in IBCP for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
52.2%
of the 18M shares 13-F filers reported
Moves vs Q1 2026
8 added2 trimmed
Net shares held
+5.1%
across the 10 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | $107.7M · 3M shares | 3M | +3.2% |
| 2 | DIMENSIONAL FUND ADVISORS LP | $32.1M · 890.4K shares | 890.4K | +3.4% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | $31.7M · 879.6K shares | 879.6K | -2.8% |
| 4 | STATE STREET CORP | $29.7M · 824.5K shares | 824.5K | +15.6% |
| 5 | AMERICAN CENTURY COMPANIES INC | $28.2M · 781K shares | 781K | +9.5% |
| 6 | ACADIAN ASSET MANAGEMENT LLC | $27.3M · 756.3K shares | 756.3K | +26.9% |
| 7 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $25.2M · 697.7K shares | 697.7K | +12% |
| 8 | RENAISSANCE TECHNOLOGIES LLC | $22.3M · 617.5K shares | 617.5K | +6% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | $19.4M · 537.7K shares | 537.7K | +6.8% |
| 10 | GOLDMAN SACHS GROUP INC | $15M · 416K shares | 416K | -23.4% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of IBCP file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| Oct 30, 2026 | VANGUARD CAPITAL MANAGEMENT LLC13G · passive · amended | 4.99%under 5% |
| May 6, 2026 | FMR LLC13G · passive · amended | 2.7%under 5% |
| Mar 27, 2026 | VANGUARD GROUP INC13G · passive · amended | 0%under 5% |
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