Independent Bank Corp. (Michigan)

As of November 28, 2025, Independent Bank Corp. (Michigan) is considered overvalued with a valuation grade of expensive, despite trading at a discount relative to peers, as indicated by its P/E ratio of 10 and a year-to-date decline of 6.26% compared to the S&P 500's gain of 16.45%.

As of September 19, 2025, Independent Bank Corp. (Michigan) is in a bearish trend with weak strength indicators, underperforming the S&P 500 year-to-date by -10.08% compared to its 13.31% gain.

As of September 9, 2025, Independent Bank Corp. (Michigan) shows a mildly bearish technical trend, with mixed signals from various indicators and underperformance compared to the S&P 500.

As of July 24, 2025, Independent Bank Corp. (Michigan) is considered overvalued with a valuation grade shift to expensive, reflected by a P/E ratio of 10 compared to peer averages, and underperformance against the S&P 500 with year-to-date and one-year returns of -8.21% and -6.79%, respectively.

As of June 27, 2025, the market trend is neutral with mixed signals, showing mildly bullish weekly MACD and Bollinger Bands, but mildly bearish daily moving averages and OBV, indicating a lack of clear direction.

As of June 4, 2025, the technical trend is mildly bearish, indicated by daily moving averages and weekly Dow Theory, despite mixed signals from the MACD and Bollinger Bands suggesting some indecision.

As of May 14, 2025, Independent Bank Corp. (Michigan) is fairly valued with a P/E ratio of 10, a Price to Book Value of 1.39, and an EV to EBIT of 8.37, outperforming the S&P 500 with a 1-year return of 31.07%.

As of March 2022, the management team of Independent Bank Corp. (Michigan) includes Mr. Michael Magee (Independent Chairman), Mr. William Kessel (President and CEO), and several directors including Mr. William Boer (Lead Independent Director), Mr. Dennis Archer, Ms. Ronia Kruse, Mr. Terrance Beia, and Ms. Joan Budden. They oversee the company's strategic direction and operations.

Independent Bank Corporation is a Michigan-based bank holding company that offers a variety of banking services to individuals and businesses. As of March 2025, it reported net sales of $66 million and a net profit of $16 million, with a market cap of $625.57 million.

As of Jun 18, Independent Bank Corp. (Michigan) has a market capitalization of 625.57 million and total assets of 5,352.02 million, with shareholder's funds reported at 454.69 million.