Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 31.3 USD 2.96% Market Closed
Market Cap: 648.5m 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 35.09 USD with a low forecast of 33.33 USD and a high forecast of 37.8 USD.

Lowest
Price Target
33.33 USD
6% Upside
Average
Price Target
35.09 USD
12% Upside
Highest
Price Target
37.8 USD
21% Upside
Independent Bank Corp (Michigan) Competitors:
Price Targets
HTBK
Heritage Commerce Corp
15% Upside
BSRR
Sierra Bancorp
12% Upside
BANR
Banner Corp
13% Upside
NWBI
Northwest Bancshares Inc
9% Upside
PFBC
Preferred Bank
11% Upside
LKFN
Lakeland Financial Corp
12% Upside
6NH
Carter Bankshares Inc
35% Upside
WTBA
West Bancorporation Inc
6% 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 -6%.

8%
Past Growth
-6%
Estimated Growth
Estimates Accuracy
31%
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 3%.

14%
Past Growth
3%
Estimated Growth
Estimates Accuracy
3%
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
35.09 USD

According to Wall Street analysts, the average 1-year price target for IBCP is 35.09 USD with a low forecast of 33.33 USD and a high forecast of 37.8 USD.

What is Independent Bank Corp (Michigan)'s Revenue forecast?
Projected CAGR
-6%

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 -6%.

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

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 3%.

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