
INDEPENDENT BANK CORP - MICH
Independent Bank Corp. is a Michigan based bank holding company.
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Independent Bank's stock with a target price of $37, indicating limited growth.
Financial Health
Independent Bank Corp is performing well with solid revenue and cash flow, indicating financial stability.
Dividend
Independent Bank Corp's dividend yield of 3.11% is reasonable for those seeking a stock that pays dividends. If you invested $1000 you would be paid $31.10 a year in dividends (based on the last 12 months).
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Explore BasketWhy Youβll Want to Watch This Stock
Local franchise strength
A community-focused branch network can support stable deposit relationships, though regional exposure means local economy matters.
Rate sensitivity
Earnings depend on net interest margins that shift with interest rates; rising or falling rates can both help and hurt performance.
Credit quality focus
Loan performance and provisioning drive profitability; watch asset quality metrics, capital ratios and regulatory signals.
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Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
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