Independent Bank Corp. (Michigan) (IBCP) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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    "chgp": "2.32%",
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    "mcapval": "682.17",
    "mcap": "Micro Cap",
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    "curr_date": "Dec 04",
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      {
        "title": "Is Independent Bank Corp. (Michigan) overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-independent-bank-corp-michigan-overvalued-or-undervalued-3738224",
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        "date": "2025-12-01 11:05:00",
        "description": "As of 28 November 2025, the valuation grade for Independent Bank Corp. (Michigan) moved from fair to expensive. The company is currently overvalued, as indicated by a P/E ratio of 10, which is lower than its peers like Camden National Corp. at 11.68 and South Plains Financial, Inc. at 12.14. Additionally, the Price to Book Value stands at 1.39, and the EV to EBITDA ratio is 7.35, both suggesting a premium compared to its industry benchmarks.\n\nDespite a recent positive performance with a 3.78% return over the past week, the stock has underperformed the S&P 500 significantly over the year, with a return of -13.94% compared to the S&P 500's 14.18%. This trend reinforces the notion that the stock is overvalued in the current market context...."
      },
      {
        "title": "Is Independent Bank Corp. (Michigan) overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-independent-bank-corp-michigan-overvalued-or-undervalued-3737252",
        "imagepath": "",
        "date": "2025-11-30 11:05:33",
        "description": "As of 28 November 2025, the valuation grade for Independent Bank Corp. (Michigan) moved from fair to expensive, indicating that the company is overvalued. Key valuation ratios include a P/E ratio of 10, a Price to Book Value of 1.39, and an EV to EBITDA of 7.35. In comparison, Camden National Corp. (Maine) has a P/E of 11.68, while South Plains Financial, Inc. (Texas) has a P/E of 12.14, suggesting that Independent Bank Corp. is trading at a discount relative to its peers.\n\nDespite a recent positive return of 3.78% over the past week compared to the S&P 500's 3.73%, the year-to-date performance shows a decline of 6.26% against the S&P 500's gain of 16.45%. This further reinforces the notion that the stock may be overvalued in the current market environment...."
      },
      {
        "title": "Is Independent Bank Corp. (Michigan) technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-independent-bank-corp-michigan-technically-bullish-or-bearish-3558300",
        "imagepath": "",
        "date": "2025-09-23 11:18:20",
        "description": "As of 19 September 2025, the technical trend for Independent Bank Corp. (Michigan) has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the weekly MACD and KST both showing bearish signals, while the daily moving averages confirm a bearish trend. The Bollinger Bands are bearish on the weekly timeframe and sideways on the monthly. The Dow Theory also reflects a mildly bearish outlook on both weekly and monthly bases. \n\nIn terms of performance, the stock has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -10.08% versus the S&P 500's 13.31%, and a one-year return of -7.64% compared to 16.64% for the index...."
      },
      {
        "title": "Is Independent Bank Corp. (Michigan) technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-independent-bank-corp-michigan-technically-bullish-or-bearish-3544765",
        "imagepath": "",
        "date": "2025-09-20 18:55:41",
        "description": "As of 9 September 2025, the technical trend for Independent Bank Corp. (Michigan) has changed from mildly bullish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are bearish, and both the weekly and monthly KST and Dow Theory are mildly bearish. The Bollinger Bands show a sideways trend weekly but are mildly bullish monthly. The OBV is mildly bearish weekly and bullish monthly, adding to the mixed signals.\n\nIn terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -8.21% compared to the S&P 500's 12.22%, and a one-year return of -6.79% versus 17.14%. Overall, the current technical stance is mildly bearish, reflecting the prevailing indicators...."
      },
      {
        "title": "Is Independent Bank Corp. (Michigan) overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-independent-bank-corp-michigan-overvalued-or-undervalued-3541496",
        "imagepath": "",
        "date": "2025-09-20 17:27:31",
        "description": "As of 24 July 2025, the valuation grade for Independent Bank Corp. (Michigan) has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently considered overvalued based on its P/E ratio of 10, which is lower than the peer average of approximately 11.68 for Camden National Corp. (Maine) and 12.14 for South Plains Financial, Inc. (Texas). Additionally, the Price to Book Value stands at 1.39, and the EV to EBIT ratio is 8.37, both suggesting that the stock may not be justified at its current price level.\n\nIn terms of performance, Independent Bank Corp. has underperformed relative to the S&P 500, with a year-to-date return of -8.21% compared to the S&P 500's 12.22%. This trend is further emphasized by a one-year return of -6.79% against the S&P 500's 17.14%, reinforcing the notion that the stock is currently overvalued...."
      }
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News and Views

Is Independent Bank Corp. (Michigan) overvalued or undervalued?

2025-12-01 11:05:00

As of 28 November 2025, the valuation grade for Independent Bank Corp. (Michigan) moved from fair to expensive. The company is currently overvalued, as indicated by a P/E ratio of 10, which is lower than its peers like Camden National Corp. at 11.68 and South Plains Financial, Inc. at 12.14. Additionally, the Price to Book Value stands at 1.39, and the EV to EBITDA ratio is 7.35, both suggesting a premium compared to its industry benchmarks. Despite a recent positive performance with a 3.78% return over the past week, the stock has underperformed the S&P 500 significantly over the year, with a return of -13.94% compared to the S&P 500's 14.18%. This trend reinforces the notion that the stock is overvalued in the current market context....

Is Independent Bank Corp. (Michigan) overvalued or undervalued?

2025-11-30 11:05:33

As of 28 November 2025, the valuation grade for Independent Bank Corp. (Michigan) moved from fair to expensive, indicating that the company is overvalued. Key valuation ratios include a P/E ratio of 10, a Price to Book Value of 1.39, and an EV to EBITDA of 7.35. In comparison, Camden National Corp. (Maine) has a P/E of 11.68, while South Plains Financial, Inc. (Texas) has a P/E of 12.14, suggesting that Independent Bank Corp. is trading at a discount relative to its peers. Despite a recent positive return of 3.78% over the past week compared to the S&P 500's 3.73%, the year-to-date performance shows a decline of 6.26% against the S&P 500's gain of 16.45%. This further reinforces the notion that the stock may be overvalued in the current market environment....

Is Independent Bank Corp. (Michigan) technically bullish or bearish?

2025-09-23 11:18:20

As of 19 September 2025, the technical trend for Independent Bank Corp. (Michigan) has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the weekly MACD and KST both showing bearish signals, while the daily moving averages confirm a bearish trend. The Bollinger Bands are bearish on the weekly timeframe and sideways on the monthly. The Dow Theory also reflects a mildly bearish outlook on both weekly and monthly bases. In terms of performance, the stock has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -10.08% versus the S&P 500's 13.31%, and a one-year return of -7.64% compared to 16.64% for the index....

Is Independent Bank Corp. (Michigan) technically bullish or bearish?

2025-09-20 18:55:41

As of 9 September 2025, the technical trend for Independent Bank Corp. (Michigan) has changed from mildly bullish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are bearish, and both the weekly and monthly KST and Dow Theory are mildly bearish. The Bollinger Bands show a sideways trend weekly but are mildly bullish monthly. The OBV is mildly bearish weekly and bullish monthly, adding to the mixed signals. In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -8.21% compared to the S&P 500's 12.22%, and a one-year return of -6.79% versus 17.14%. Overall, the current technical stance is mildly bearish, reflecting the prevailing indicators....

Is Independent Bank Corp. (Michigan) overvalued or undervalued?

2025-09-20 17:27:31

As of 24 July 2025, the valuation grade for Independent Bank Corp. (Michigan) has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently considered overvalued based on its P/E ratio of 10, which is lower than the peer average of approximately 11.68 for Camden National Corp. (Maine) and 12.14 for South Plains Financial, Inc. (Texas). Additionally, the Price to Book Value stands at 1.39, and the EV to EBIT ratio is 8.37, both suggesting that the stock may not be justified at its current price level. In terms of performance, Independent Bank Corp. has underperformed relative to the S&P 500, with a year-to-date return of -8.21% compared to the S&P 500's 12.22%. This trend is further emphasized by a one-year return of -6.79% against the S&P 500's 17.14%, reinforcing the notion that the stock is currently overvalued....

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