Business Description
Independent Bank Corp (Ionia MI)
NAICS : 522110
SIC : 6022
ISIN : US4538386099
Share Class Description:
IBCP: Ordinary SharesDescription
Independent Bank Corp (Ionia MI) operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 1.25 | |||||
| Equity-to-Asset | 0.08 | |||||
| Debt-to-Equity | 0.31 | |||||
| Debt-to-EBITDA | N/A |
N/A
|
N/A
| |||
| Interest Coverage | N/A |
N/A
|
N/A
| |||
| Piotroski F-Score | 5/9 | |||||
| Beneish M-Score | -3.2 | |||||
| WACC vs ROIC | ||||||
Growth Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 2.1 | |||||
| 3-Year EPS without NRI Growth Rate | 3.3 | |||||
| 3-Year FCF Growth Rate | 10.4 | |||||
| 3-Year Book Growth Rate | 2.9 |
Momentum Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 63.32 | |||||
| 9-Day RSI | 60.86 | |||||
| 14-Day RSI | 57.41 | |||||
| 6-1 Month Momentum % | 22.31 | |||||
| 12-1 Month Momentum % | 41.58 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History |
|---|
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 3.71 | |||||
| Dividend Payout Ratio | 0.32 | |||||
| 3-Year Dividend Growth Rate | 4.8 | |||||
| Forward Dividend Yield % | 3.83 | |||||
| 5-Year Yield-on-Cost % | 5.51 | |||||
| 3-Year Average Share Buyback Ratio | 1.6 | |||||
| Shareholder Yield % | 6.99 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Net Margin % | 30.38 | |||||
| FCF Margin % | 34.05 | |||||
| ROE % | 16.01 | |||||
| ROA % | 1.19 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 8.46 | |||||
| Forward PE Ratio | 8.49 | |||||
| PE Ratio without NRI | 8.46 | |||||
| Shiller PE Ratio | 11.68 | |||||
| Price-to-Owner-Earnings | 11.51 | |||||
| PEG Ratio | 1.66 | |||||
| PS Ratio | 2.58 | |||||
| PB Ratio | 1.25 | |||||
| Price-to-Tangible-Book | 1.52 | |||||
| Price-to-Free-Cash-Flow | 7.6 | |||||
| Price-to-Operating-Cash-Flow | 7.01 | |||||
| EV-to-Revenue | 2.39 | |||||
| EV-to-Forward-Revenue | 2.68 | |||||
| EV-to-FCF | 7.04 | |||||
| Price-to-Projected-FCF | 0.48 | |||||
| Price-to-DCF (Earnings Based) | 0.53 | |||||
| Price-to-DCF (FCF Based) | 0.26 | |||||
| Price-to-Median-PS-Value | 0.92 | |||||
| Price-to-Graham-Number | 0.76 | |||||
| FCF Yield % | 13.38 | |||||
| Forward Rate of Return (Yacktman) % | 17.07 |
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