INDEPENDENT BANK CORP /MI/ IBCP
Nasdaq · XNAS · stock · State Commercial Banks
Chart by TradingView
4/9
Piotroski F — financial health
—
Altman Z″ — distress risk
31.5%
Dividend payout · safe
Financials (annual, from 10-K)
| FY | Revenue | Net income | Gross profit | Free cash flow | Equity |
|---|---|---|---|---|---|
| 2025 | $32.1M | $68.5M | — | $70.2M | $503.0M |
| 2024 | $32.0M | $66.8M | — | $55.2M | $454.7M |
| 2023 | $32.9M | $59.1M | — | $69.6M | $404.4M |
| 2022 | $31.6M | $63.4M | — | $89.0M | $347.6M |
| 2021 | $29.1M | $62.9M | — | $104.3M | $398.5M |
| 2020 | $24.0M | $56.2M | — | $54.3M | $389.5M |
Recent insider activity (Form 4)
| Insider | Role | Date | Action | Shares | Price |
|---|---|---|---|---|---|
| Ervin Patrick J | Executive Vice President | 2026-06-09 | Sell | 2 | $35.44 |
| Ervin Patrick J | Executive Vice President | 2026-06-09 | Sell | 780 | $35.42 |
| Ervin Patrick J | Executive Vice President | 2026-06-09 | Sell | 242 | $35.41 |
| Ervin Patrick J | Executive Vice President | 2026-06-09 | Sell | 1,400 | $35.39 |
| Ervin Patrick J | Executive Vice President | 2026-06-09 | Sell | 76 | $35.40 |
| Kimball Stefanie M | Executive Vice President | 2026-05-29 | Sell | 1,400 | $34.41 |
| Mohr Gavin A. | Executive Vice President | 2026-04-06 | Tax withheld | 1,717 | $33.78 |
| Mohr Gavin A. | Executive Vice President | 2026-04-06 | Option exercise | 4,297 | — |
Why these scores methodology →
Piotroski F-score: 4/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: n/a
Not applicable (financials/insurer or missing inputs).
Source: SEC EDGAR filings · CIK 0000039311 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.