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Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan) Logo
Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 26.5005 USD 1.07% Market Closed
Updated: May 17, 2024

Wall Street
Price Targets

IBCP Price Targets Summary
Independent Bank Corp (Michigan)

Wall Street analysts forecast IBCP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IBCP is 27.54 USD with a low forecast of 26.26 USD and a high forecast of 29.4 USD.

Lowest
Price Target
26.26 USD
1% Downside
Average
Price Target
27.54 USD
4% Upside
Highest
Price Target
29.4 USD
11% Upside
Independent Bank Corp (Michigan) Competitors:
Price Targets
AMAL
Amalgamated Bank
16% Upside
006220
Jeju Bank
51% Downside
AUBANK
AU Small Finance Bank Ltd
12% Upside
BEN
Bendigo and Adelaide Bank Ltd
8% Downside
FMBH
First Mid Bancshares Inc
14% Upside
AROW
Arrow Financial Corp
6% Upside
SOAG
Sparebank 1 Ostfold Akershus
12% Upside
CMA
Comerica Inc
10% Upside

Revenue
Forecast

Revenue Estimate
Independent Bank Corp (Michigan)

For the last 8 years the compound annual growth rate for Independent Bank Corp (Michigan)'s revenue is 8%. The projected CAGR for the next 2 years is -7%.

8%
Past Growth
-7%
Estimated Growth
Estimates Accuracy
36%
Average Beat

Net Income
Forecast

Net Income Estimate
Independent Bank Corp (Michigan)

For the last 8 years the compound annual growth rate for Independent Bank Corp (Michigan)'s net income is 14%. The projected CAGR for the next 2 years is 2%.

14%
Past Growth
2%
Estimated Growth
Estimates Accuracy
4%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is IBCP's stock price target?
Price Target
27.54 USD

According to Wall Street analysts, the average 1-year price target for IBCP is 27.54 USD with a low forecast of 26.26 USD and a high forecast of 29.4 USD.

What is Independent Bank Corp (Michigan)'s Revenue forecast?
Projected CAGR
-7%

For the last 8 years the compound annual growth rate for Independent Bank Corp (Michigan)'s revenue is 8%. The projected CAGR for the next 2 years is -7%.

What is Independent Bank Corp (Michigan)'s Net Income forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for Independent Bank Corp (Michigan)'s net income is 14%. The projected CAGR for the next 2 years is 2%.