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Independent Bank Corporation Company Snapshot
Independent Bank Corporation operates in the State commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares Independent Bank with three other companies in this sector in the United States: Tristate Capital Holdings Inc (2015 sales of $119.08 million of which 70% was Bank), Midwestone Financial Group Incorporation ($121.92 million of which 100% was Banking & Related Activities), and QCR Holdings, Inc ($115.33 million of which 46% was Quad City Bank and Trust Company).

Sales Analysis. Independent Bank reported sales of $119.96 million for the year ending December of 2015. This represents a very small increase of 0.5% versus 2014, when the company's sales were $119.34 million. Despite this increase, sales are still below the level achieved in 2013, when Independent Bank reported sales of $131.98 million. Sales of Other saw an increase that was more than double the company's growth rate: sales were up 12.5% in 2015, from $64,000.00 to $72,000.00 . Independent Bank also saw significant increases in sales in Independent Bank (up 2.7% to $75.55 million) . Not all segments of Independent Bank experienced an increase in sales in 2015: sales of Mepco fell 24.5% to $5.29 million.
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Independent Bank Corporation
  Stock Performance Chart for Independent Bank Corporation
  Stock Data: Recent Stock Performance:
  Current Price (1/20/2017): 20.85
(Figures in U.S. Dollars)
1 Week -2.6%   13 Weeks -4.1%  
4 Weeks 25.8%   52 Weeks 45.9%  
Independent Bank Corporation Key Data:
  Ticker: IBCP Country: United States
  Exchanges: NAS Major Industry: Banks
    Sub Industry: State Commercial Banks
  2015 Sales 119,959,000
(Year Ending Jan 2016).
Employees: 831
  Currency: U.S. Dollars Market Cap: 442,969,426
  Fiscal Yr Ends: December Shares Outstanding: 21,245,536
  Share Type: Common Closely Held Shares: 1,155,203
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