IBCP: Independent Bank Corporation - Summary | Jitta

Independent Bank Corporation

NASDAQ:IBCP

Price
$18.86
Loss Chance
42.5%
6.73JITTA SCORE
56.58%Under Jitta Line
Jitta Ranking
254 / 366
393 / 758
1,517 / 5,155
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (51)
Recent Business Performance (51)
Financial Strength (72)
Return to Shareholders (90)
Competitive Advantage (64)
Jitta Signs
Revenue and EarningConsistent
Operating MarginExpansion
Return on EquityConsistently High
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositBalanced
Net Interest MarginHigh Efficiency
Recent Business PerformanceEarning decline 26.51% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
6.73
56.58%
5.86
20.59%
4.88
179.47%
Regional Banks
7.95
51.76%
7.45
48.41%
7.63
59.16%
COMPANY DESCRIPTION
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.