IBCP: Independent Bank Corporation - Summary | Jitta

Independent Bank Corporation

NASDAQ:IBCP

Price
$33.42
Loss Chance
44.6%
6.85JITTA SCORE
50.54%Over Jitta Line
Jitta Ranking
170 / 322
307 / 701
840 / 4,228
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (57)
Recent Business Performance (57)
Financial Strength (85)
Return to Shareholders (93)
Competitive Advantage (61)
Jitta Signs
Revenue and EarningConsistent
Recent Business PerformanceEarning Growth Last Quarter (YoY)
Return on EquityConsistently High
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
CapExVery Low
Total DepositConsistent
Loan to DepositBalanced
Net Interest MarginHigh Efficiency
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
6.85
50.54%
6.39
296.03%
5.47
185.74%
Regional Banks
8.13
44.08%
7.19
30.19%
7.41
26.27%
COMPANY DESCRIPTION
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. 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.