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Independent Bank Corporation (IBCP)
36.47  -0.88 (-2.36%)  09-16 16:00
Open: 37.24
High: 37.26
Low: 35.82
Volume: 220,654
Market Cap: 752(M)
PE Ratio: 10.89
Exchange: NASDAQ Global Select
Industry: Banks - Regional
Sector: Financial Services
Technical analysis
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sell buy
Resistance 2: 38.62
Resistance 1: 37.55
Pivot price: 36.86
Support 1: 35.82
Support 2: 29.80
52w High: 39.24
52w Low: 29.83
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As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.

Financials
EPS 3.450
Book Value 25.650
PEG Ratio 1.40
Gross Profit 11.202
Profit Margin (%) 31.09
Operating Margin (%) 39.93
Return on Assets (ttm) 1.3
Return on Equity (ttm) 14.4
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