IBCP: Independent Bank Corporation - Summary | Jitta

Independent Bank Corporation

NASDAQ:IBCP

Price
$23.04
Loss Chance
42.1%
6.40JITTA SCORE
57.03%Under Jitta Line
Jitta Ranking
56 / 318
82 / 726
363 / 4,967
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (46)
Recent Business Performance (31)
Financial Strength (78)
Return to Shareholders (77)
Competitive Advantage (66)
Jitta Signs
Revenue and EarningConsistent Growth in the past 5 years
Operating MarginExpansion
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositBalanced
Net Interest MarginHigh Efficiency
Key Stats
Jitta Score
Jitta Line
6.40
57.03%
5.96
96.82%
5.01
286.70%
Regional Banks
6.51
34.17%
6.66
44.62%
7.74
68.33%
COMPANY DESCRIPTION
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.