
Independent Bank Corporation
IBCP · NASDAQ · Financial Services / Banks - Regional
Price History
Full chartMarket Stats
About
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services. In addition, the company offers cash management; investment management and trust services; additional services, such as estate settlement, financial planning, tax services, and other special services; sale of mutual fund shares, unit investment trust shares, third party model portfolios, general securities, and fixed and variable annuities, as well as life insurance products; debit and credit card; safe deposit box services; automatic teller machines; and internet and mobile banking services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Company Details
- SectorFinancial Services
- IndustryBanks - Regional
- CEOMr. William Bradford Kessel CPA
- Employees735
- Headquarters4200 East Beltline, Grand Rapids, MI, United States, 49525, USA
- Websitehttps://www.independentbank.com
Leadership
- Mr. William Bradford Kessel CPAPresident, CEO & Director · b. 1964
- Mr. Gavin A. MohrCFO, Executive VP, Treasurer & Corporate Secretary · b. 1984
- Ms. Stefanie M. KimballExecutive VP & Chief Risk Officer · b. 1960
- Mr. Patrick J. ErvinExecutive Vice President of Mortgage Banking · b. 1966
- Mr. Joel F. RahnExecutive VP of Commercial Lending & Chief Lending Officer · b. 1966
- Mr. Christopher S. MichaelsExecutive VP & Chief Operating Officer · b. 1967
- Mr. James J. TwarozynskiSenior VP, Chief Accounting Officer & Controller · b. 1965
- Ms. Laurinda M. NeveSenior Vice President of Human Resources · b. 1952
- Mr. Michael J. StodolakExecutive Vice President of Retail Banking · b. 1961
- Mr. Mark Allan KolanowskiExecutive Vice President
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Hold5
Ownership Breakdown
- Institutions
- 83.03%
- Insiders
- 4.75%
- Retail / Other
- 12.22%
Top Institutional Holders
- BlackRock Inc2.89M13.03%
- Vanguard Capital Management, LLC905.20K4.08%
- Dimensional Fund Advisors, Inc.890.44K4.01%
- American Century Companies Inc780.99K3.52%
- State Street Corp713.19K3.21%
- Charles Schwab Investment Management Inc623.03K2.81%
- Acadian Asset Management LLC595.78K2.68%
- Renaissance Technologies Corp582.29K2.62%
- FMR Inc566.15K2.55%
- The Goldman Sachs Group Inc543.15K2.45%
- Geode Capital Management, LLC503.43K2.27%
- LSV Asset Management388.29K1.75%
- Manufacturers Life Insurance Co383.03K1.73%
- Nuveen, LLC330.85K1.49%
- Vanguard Portfolio Management, LLC325.29K1.47%
- PL Capital Advisors, LLC318.99K1.44%
Top Fund Holders
- Avantis US Small Cap Value ETF701.30K3.16%
- Vanguard MStar Total Stk Mkt Idx Invest622.50K2.80%
- Schwab US Dividend Equity ETF™557.14K2.51%
- iShares Russell 2000 ETF503.32K2.27%
Dividends
Stock Splits
- Sep 1, 20101:10
- Aug 31, 200621:20
- Sep 1, 200521:20
- Oct 2, 200311:10
- Jan 2, 20033:2
- Oct 2, 200221:20
- Oct 3, 200121:20
- Oct 3, 200021:20
- Oct 1, 199921:20
- Oct 1, 199821:20
- Jul 1, 19983:2
- Oct 1, 199721:20
- May 1, 19973:2
- Oct 2, 199621:20
- Oct 3, 199521:20