The stock of Independent Bank Corporation (Ionia, MI) (IBCP) has gone up by 7.32% for the week, with a 9.15% rise in the past month and a 12.34% rise in the past quarter. The volatility ratio for the week is 3.18%, and the volatility levels for the past 30 days are 2.27% for IBCP. The simple moving average for the past 20 days is 9.13% for IBCP’s stock, with a 3.56% simple moving average for the past 200 days.
Is It Worth Investing in Independent Bank Corporation (Ionia, MI) (NASDAQ: IBCP) Right Now?
The price-to-earnings ratio for Independent Bank Corporation (Ionia, MI) (NASDAQ: IBCP) is above average at 11.01x, Company’s 36-month beta value is 0.85.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy”, 0 as “overweight”, 5 as “hold”, and 0 as “sell”.
The public float for IBCP is 19.78M, and currently, short sellers hold a 1.11% ratio of that floaft. The average trading volume of IBCP on July 04, 2025 was 93.09K shares.
IBCP stock’s latest price update
Independent Bank Corporation (Ionia, MI) (NASDAQ: IBCP) has experienced a rise in its stock price by 2.52% compared to its previous closing price of $33.75. However, the company has seen a gain of 7.32% in its stock price over the last five trading days. globenewswire.com reported 2025-06-26 that GRAND RAPIDS, Mich., June 26, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 second quarter results on Thursday, July 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website.
Analysts’ Opinion of IBCP
Keefe Bruyette, on the other hand, stated in their research note that they expect to see IBCP reach a price target of $26. The rating they have provided for IBCP stocks is “Mkt Perform” according to the report published on December 13th, 2022.
DA Davidson gave a rating of “Neutral” to IBCP, setting the target price at $24 in the report published on January 17th of the previous year.
IBCP Trading at 9.37% from the 50-Day Moving Average
After a stumble in the market that brought IBCP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.19% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 3.18%, as shares surge +11.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.76% upper at present.
During the last 5 trading sessions, IBCP rose by +7.32%, which changed the moving average for the period of 200-days by +2.91% in comparison to the 20-day moving average, which settled at $31.71. In addition, Independent Bank Corporation (Ionia, MI) saw 31.26% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IBCP starting from Beia Terance L, who purchase 1,821 shares at the price of $30.65 back on Jun 13 ’25. After this action, Beia Terance L now owns 40,001 shares of Independent Bank Corporation (Ionia, MI), valued at $55,814 using the latest closing price.
MAGEE MICHAEL M JR, the Director of Independent Bank Corporation (Ionia, MI), sale 6,404 shares at $31.00 during a trade that took place back on Apr 29 ’25, which means that MAGEE MICHAEL M JR is holding 8,381 shares at $198,527 based on the most recent closing price.
Stock Fundamentals for IBCP
Current profitability levels for the company are sitting at:
- 0.26% for the present operating margin
- 0.67% for the gross margin
The net margin for Independent Bank Corporation (Ionia, MI) stands at 0.21%. The total capital return value is set at 0.12%. Equity return is now at value 15.04%, with 1.26% for asset returns.
Based on Independent Bank Corporation (Ionia, MI) (IBCP), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.59. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 0.84.
Currently, EBITDA for the company is 93.05 million with net debt to EBITDA at -0.04. When we switch over and look at the enterprise to sales, we see a ratio of 2.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.15.
Conclusion
In a nutshell, Independent Bank Corporation (Ionia, MI) (IBCP) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
