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IBCPIBCPFinancial Services · Banks - Regional

IBCP Stock Forecast: Independent Bank Corp. (Michigan) Price Predictions for 2026-2027

Last close, 8 Oct 2026
$36
+0.59% on the day

The 5 Wall Street analysts covering Independent Bank Corp. (Michigan) hold a median 12-month price target of $40 — +11.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 86 of 100 as at 8 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$789.2M
Ticker Nerd rank
86 / 100
Median analyst target
$40
Analysts covering
5
Revenue$61.0M+12.8% y/y
Net income$18.8M
Free cash flow$16.7M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.5%
1M
−3.3%
YTD
+12.6%
1Y
+18.5%
From 52W high
−7.1%
From 52W low
+22.1%
$29
$39
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

IBCP stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Independent Bank Corp. (Michigan) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Oct 2026
86 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
84
Issuance
82
Quality
79
Momentum
72
Growth
68
Volatility
62
Value
58
Size
47
Accruals
30

Revisions (84): Analysts have, on balance, been raising their forecasts.

Accruals (30): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

IBCP stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on IBCP, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$35$40Jan 26Apr 26Jul 26Oct 26IBCPHigh $42Median $40Low $38

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says5 analysts
2 Buy3 Hold0 Sell
Low $38Median $40High $42

The green dot is the last close — the median target sits +11.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
2 Oct 2026Piper SandlerUpgradeOverweight$42
27 July 2026Piper SandlerMaintainsNeutral—
27 July 2026Piper SandlerMaintainsNeutral$37 → $42
24 July 2026Keefe, Bruyette & WoodsMaintainsMarket Perform—
24 July 2026Keefe, Bruyette & WoodsMaintainsMarket Perform$37 → $38
10 July 2026Hovde GroupUpgradeOutperform—
10 July 2026Hovde GroupUpgradeOutperform$36 → $41
27 Apr 2026DA DavidsonMaintainsNeutral—
27 Apr 2026Piper SandlerMaintainsNeutral—
20 Mar 2026DA DavidsonMaintainsNeutral—
26 Jan 2026Piper SandlerMaintainsNeutral—
25 July 2025DA DavidsonMaintainsNeutral—
28 Apr 2025Piper SandlerMaintainsNeutral—
25 Apr 2025Keefe, Bruyette & WoodsMaintainsMarket Perform—
28 Jan 2025DA DavidsonMaintainsNeutral—
24 Jan 2025Keefe, Bruyette & WoodsReiteratesMarket Perform—
4 Dec 2024Keefe, Bruyette & WoodsMaintainsMarket Perform—
29 July 2024Keefe, Bruyette & WoodsReiteratesMarket Perform—
29 July 2024Piper SandlerMaintainsNeutral—
30 Apr 2024DA DavidsonMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. IBCP appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

IBCP vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 8 Oct 2026, Independent Bank Corp. (Michigan) returned +18.5% against +16.2% for the S&P 500, dividends included.

IBCP vs S&P 500, last 12 monthsTotal return, rebased to 100
95100105110115120125130Jan 26Apr 26Jul 26Oct 26IBCPS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

IBCP analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.1%
Analysts raising
5
Analysts cutting
0
Fundamentals

Independent Bank Corp. (Michigan) (IBCP) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
10.3×

Cheaper than 57% of US stocks

Price / sales
3.2×

Cheaper than 38% of US stocks

Price / book
1.4×

Cheaper than 57% of US stocks

EV / EBITDA
—
Growth & margins
Revenue growth (YoY)
11.2%

Higher than 56% of US stocks

Earnings growth (YoY)
11.4%

Higher than 50% of US stocks

Gross margin
—
Operating margin
39.9%

Higher than 92% of US stocks

Net margin
31.1%

Higher than 90% of US stocks

Returns & dividend
Return on equity
14.4%

Higher than 73% of US stocks

Return on assets
1.3%

Higher than 53% of US stocks

Dividend yield
3.2%

Higher than 87% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Independent Bank Corp. (Michigan) (IBCP) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Independent Bank Corp. (Michigan) has a market value of $789.2M and an enterprise value of $787.5M.

  • Revenue in the twelve months to 30 June 2026: $229.9M. The latest quarter grew 11.2% year on year.

  • Net income over the same four quarters: $71.8M, a 31.2% net margin.

  • Diluted earnings per share, trailing twelve months: $3.44.

  • Free cash flow in the twelve months to 30 June 2026: $38.1M, after $11.3M of capital spending.

  • Independent Bank Corp. (Michigan) spent $5.1M on share buybacks and $22.3M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 20.6M.

  • Trailing P/E: 10.3×; forward P/E: 9.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.16%, paying out 31% of earnings.

  • Independent Bank Corp. (Michigan) employs 735 people — $313K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Oct 2026

Data provided by Twelve Data

Peers

IBCP vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBanks - Regional
CompanyMarket capTKN rank
IBCPIndependent Bank Corp. (Michigan)$789.2M
86
SMBCSouthern Missouri Bancorp, Inc.$793.9M
83
RCBCRiver City Bank (Sacramento, California)$793.3M
54
FISIFinancial Institutions, Inc.$786.1M
96
ALRSAlerus Financial Corp.$804.0M
46
HTBHomeTrust Bancshares, Inc.$809.9M
84
ORRFOrrstown Financial Services, Inc.$813.0M
81

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Independent Bank Corp. (Michigan) — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest IBCP news & analysis

Independent Bank Corporation Announces Date for Its Third Quarter 2026 Earnings Release

GlobeNewsWire · 29 Sept 2026neutral

Independent Bank Corporation announced that it will release its 2026 third quarter results on Tuesday, October 27, 2026, at approximately 8:00 am ET. The release will be posted on the company's website in the News section of the Investor Relations area.

Why it matters — This sets the expected date and timeframe for the next quarterly earnings update, giving IBCP watchers a schedule for when new financial results will become available.

Independent Bank (IBCP) is a Top Dividend Stock Right Now: Should You Buy?

Zacks Investment Research · 21 Sept 2026positive

Zacks Investment Research published an article highlighting Independent Bank (IBCP) as a top dividend stock and a strong candidate for shareholder income. The piece discusses whether the company has what it takes to be considered a great dividend stock.

Why it matters — IBCP watchers would care because the article draws attention to the company's dividend appeal, which is a key factor for income-focused investors evaluating the stock.

This is Why Independent Bank (IBCP) is a Great Dividend Stock

Zacks Investment Research · 4 Sept 2026positive

Zacks Investment Research examines whether Independent Bank (IBCP) is a strong dividend stock, highlighting the benefits of shareholder dividends and assessing the company's dividend credentials.

Why it matters — IBCP watchers would want to know how the bank's dividend profile measures up, which can inform their interest in the stock as an income investment.

Independent Bank (IBCP) Could Be a Great Choice

Zacks Investment Research · 19 Aug 2026positive

Zacks Investment Research published an article examining whether Independent Bank (IBCP) qualifies as a strong dividend stock, highlighting dividends as a key shareholder benefit and posing the question of whether the company has what it takes.

Why it matters — IBCP watchers would care because the piece assesses the company's appeal as a dividend-paying investment.

Are You Looking for a High-Growth Dividend Stock?

Zacks Investment Research · 3 Aug 2026neutral

Zacks Investment Research published a piece asking whether Independent Bank (IBCP) qualifies as a high-growth dividend stock, noting that while dividends are a key benefit for shareholders, finding a great dividend stock is difficult.

Why it matters — The report places IBCP in the spotlight for dividend-focused investors, making it a stock worth watching among those seeking income.

FAQ

Frequently asked questions about IBCP stock

What is the IBCP stock price forecast for 2026-2027?

The 5 Wall Street analysts covering Independent Bank Corp. (Michigan) have a median 12-month price target of $40, with estimates ranging from $38 to $42. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is IBCP stock a buy right now?

Of the 5 analysts covering Independent Bank Corp. (Michigan), 2 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Independent Bank Corp. (Michigan) 86 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank IBCP?

As at 8 Oct 2026, Independent Bank Corp. (Michigan) ranks 86 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (84 of 100).

Will IBCP stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +11.9% from the last close, and Ticker Nerd's factor model ranks Independent Bank Corp. (Michigan) 86 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the IBCP stock forecast for 2030?

No analyst covering Independent Bank Corp. (Michigan) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for IBCP are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $38 to $42 over the next 12 months.

How has IBCP stock performed over the past year?

Independent Bank Corp. (Michigan) returned +18.5% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Independent Bank Corp. (Michigan) do?

Independent Bank Corporation is a bank holding company headquartered in Grand Rapids, Michigan. Through its subsidiary Independent Bank, the company provides a broad range of financial services for individuals, businesses, and community organizations across Michigan’s Lower Peninsula.

What is the latest news on IBCP?

The most recent item we track (GlobeNewsWire, 29 Sept 2026): "Independent Bank Corporation Announces Date for Its Third Quarter 2026 Earnings Release". Independent Bank Corporation announced that it will release its 2026 third quarter results on Tuesday, October 27, 2026, at approximately 8:00 am ET. The release will be posted on the company's website in the News section of the Investor Relations area.

Company

About Independent Bank Corp. (Michigan).

Independent Bank Corporation is a bank holding company headquartered in Grand Rapids, Michigan. Through its subsidiary Independent Bank, the company provides a broad range of financial services for individuals, businesses, and community organizations across Michigan’s Lower Peninsula. Its core offerings include commercial and consumer banking, mortgage lending, deposit products, investment services, insurance, and title services. The company focuses on relationship-based banking, serving local markets through a branch network supported by digital banking tools such as online and mobile access. Independent Bank Corporation plays a regional role in the financial sector by combining community banking with lending and wealth-related services for retail and commercial customers.

CEO Mr. William Bradford Kessel CPA · 735 employees · United States · https://www.independentbank.com