IBCP
Independent Bank Corporation (Ionia, MI)
Halal Rating :
Last Price
$34.78
Last updated:
Market Cap
$719.17m
7D Change
5.88%
1 Year Change
30.75%
Company Overview
Industries
Exchange
Nasdaq
Next Earnings Date
Independent Bank Corporation is a bank holding company headquartered in Ionia, Michigan. The company primarily operates through its subsidiary, Independent Bank, providing various banking services including commercial banking, mortgage lending, investments, and consumer banking services throughout Michigan.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $51.36m | $26.48m | $41.85m | $26.48m | 81.49% | 100.00% |
| June 30, 2024 | $56.52m | $24.99m | $41.35m | $24.99m | 73.16% | 100.00% |
| March 31, 2024 | $52.76m | $24.93m | $40.2m | $24.93m | 76.19% | 100.00% |
Company Impact
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