Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 34.86 USD -0.11% Market Closed
Market Cap: 721.3m USD

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 35.9 USD with a low forecast of 34.34 USD and a high forecast of 37.8 USD.

Lowest
Price Target
34.34 USD
1% Downside
Average
Price Target
35.9 USD
3% Upside
Highest
Price Target
37.8 USD
8% Upside
Independent Bank Corp (Michigan) Competitors:
Price Targets
NRIM
Northrim BanCorp Inc
16% Upside
OZK
Bank Ozk
15% Upside
BOKF
BOK Financial Corp
2% Upside
INDB
Independent Bank Corp (Massachusetts)
11% Upside
FITB
Fifth Third Bancorp
7% Upside
RNST
Renasant Corp
17% Upside
BSRR
Sierra Bancorp
2% Downside
CFG
Citizens Financial Group Inc
8% Upside

Revenue
Forecast

Revenue Estimate
Independent Bank Corp (Michigan)

For the last 13 years the compound annual growth rate for Independent Bank Corp (Michigan)'s revenue is 4%. The projected CAGR for the next 3 years is -3%.

4%
Past Growth
-3%
Estimated Growth
Estimates Accuracy
31%
Average Beat

Net Income
Forecast

Net Income Estimate
Independent Bank Corp (Michigan)

The compound annual growth rate of Independent Bank Corp (Michigan)'s net income for the next 3 years is 4%.

N/A
Past Growth
4%
Estimated Growth
Estimates Accuracy
8%
Average Beat
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
35.9 USD

According to Wall Street analysts, the average 1-year price target for IBCP is 35.9 USD with a low forecast of 34.34 USD and a high forecast of 37.8 USD.

What is Independent Bank Corp (Michigan)'s Revenue forecast?
Projected CAGR
-3%

For the last 13 years the compound annual growth rate for Independent Bank Corp (Michigan)'s revenue is 4%. The projected CAGR for the next 3 years is -3%.

What is Independent Bank Corp (Michigan)'s Net Income forecast?
Projected CAGR
4%

The compound annual growth rate of Independent Bank Corp (Michigan)'s net income for the next 3 years is 4%.

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