Independent Bank Future Growth

Future criteria checks 0/6

Independent Bank's revenue and earnings are forecast to decline at 9.2% and 0.7% per annum respectively while EPS is expected to decline by 0.7% per annum.

Key information

-0.7%

Earnings growth rate

-0.7%

EPS growth rate

Banks earnings growth	7.8%
Revenue growth rate	-9.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	29 Apr 2024

Recent future growth updates

Recent updates

Independent Bank's (NASDAQ:IBCP) Dividend Will Be $0.24

Apr 26

Independent Bank: Earnings Outlook Is Positive But I'm Downgrading To Hold

Feb 29

Independent Bank's (NASDAQ:IBCP) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 29

Analyst Forecasts For Independent Bank Corporation (NASDAQ:IBCP) Are Surging Higher

Apr 30

Independent Bank: Track Record Of 5 Year 20%+ EPS Growth

Feb 14

Independent Bank (NASDAQ:IBCP) Is Increasing Its Dividend To US$0.22

Jan 28

Independent Bank (NASDAQ:IBCP) Has Announced A Dividend Of US$0.21

Oct 23

Independent Bank: Not Quite Firing On All Cylinders

Aug 10

Independent Bank (NASDAQ:IBCP) Has Announced A Dividend Of US$0.21

Jul 30

Independent Bank: Attractively Priced With A Positive Earnings Outlook

May 30

Independent Bank Corporation 2021 Q1 - Results - Earnings Call Presentation

Apr 27

Here's Why Independent Bank Corporation's (NASDAQ:IBCP) CEO Compensation Is The Least Of Shareholders' Concerns

Apr 14

Is Now The Time To Put Independent Bank (NASDAQ:IBCP) On Your Watchlist?

Mar 23

Shareholders Of Independent Bank (NASDAQ:IBCP) Must Be Happy With Their 69% Return

Feb 25

Independent Bank (NASDAQ:IBCP) Could Be A Buy For Its Upcoming Dividend

Jan 30

Independent Bank Corporation 2020 Q4 - Results - Earnings Call Presentation

Jan 29

The Attractive Combination That Could Earn Independent Bank Corporation (NASDAQ:IBCP) A Place In Your Dividend Portfolio

Jan 20

Independent Bank announces 2021 share repurchase plan

Dec 22

Here's What Independent Bank Corporation's (NASDAQ:IBCP) Shareholder Ownership Structure Looks Like

Dec 16

Independent Bank: Gradual Normalization Of Mortgage Banking Revenue Likely To Hurt Earnings

Nov 22

Earnings and Revenue Growth Forecasts

NasdaqGS:IBCP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	174	61	N/A	N/A	3
12/31/2024	166	62	N/A	N/A	3
3/31/2024	206	62	N/A	N/A	N/A
12/31/2023	201	59	70	76	N/A
9/30/2023	202	60	53	60	N/A
6/30/2023	202	60	61	67	N/A
3/31/2023	199	58	75	80	N/A
12/31/2022	206	63	89	95	N/A
9/30/2022	205	61	143	148	N/A
6/30/2022	205	59	99	105	N/A
3/31/2022	205	59	107	114	N/A
12/31/2021	208	63	104	110	N/A
9/30/2021	213	67	70	76	N/A
6/30/2021	217	71	76	81	N/A
3/31/2021	215	73	66	71	N/A
12/31/2020	192	56	54	59	N/A
9/30/2020	185	53	61	66	N/A
6/30/2020	170	46	59	64	N/A
3/31/2020	164	42	41	46	N/A
12/31/2019	169	46	30	34	N/A
9/30/2019	162	42	27	30	N/A
6/30/2019	160	42	42	46	N/A
3/31/2019	161	40	45	48	N/A
12/31/2018	157	40	41	45	N/A
9/30/2018	152	32	48	53	N/A
6/30/2018	143	27	34	39	N/A
3/31/2018	134	24	38	42	N/A
12/31/2017	131	20	N/A	39	N/A
9/30/2017	127	25	N/A	17	N/A
6/30/2017	126	24	N/A	22	N/A
3/31/2017	125	25	N/A	22	N/A
12/31/2016	122	23	N/A	24	N/A
9/30/2016	121	22	N/A	17	N/A
6/30/2016	119	21	N/A	31	N/A
3/31/2016	117	20	N/A	32	N/A
12/31/2015	116	20	N/A	23	N/A
9/30/2015	115	18	N/A	26	N/A
6/30/2015	115	18	N/A	13	N/A
3/31/2015	117	19	N/A	3	N/A
12/31/2014	116	18	N/A	13	N/A
9/30/2014	115	19	N/A	17	N/A
6/30/2014	116	24	N/A	24	N/A
3/31/2014	120	80	N/A	41	N/A
12/31/2013	124	82	N/A	52	N/A
9/30/2013	131	88	N/A	60	N/A
6/30/2013	137	83	N/A	43	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IBCP's earnings are forecast to decline over the next 3 years (-0.7% per year).

Earnings vs Market: IBCP's earnings are forecast to decline over the next 3 years (-0.7% per year).

High Growth Earnings: IBCP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: IBCP's revenue is expected to decline over the next 3 years (-9.2% per year).

High Growth Revenue: IBCP's revenue is forecast to decline over the next 3 years (-9.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if IBCP's Return on Equity is forecast to be high in 3 years time

Independent Bank Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 13% to US$26.75

Price target increased by 10% to US$23.75

Consensus EPS estimates increase by 12%

Price target increased by 8.5% to US$21.80

Price target decreased by 7.8% to US$22.60

Consensus forecasts updated

Recent updates

Independent Bank's (NASDAQ:IBCP) Dividend Will Be $0.24

First quarter 2024 earnings: EPS exceeds analyst expectations

Independent Bank Corporation and Independent Bank Announces Changes to Its Board

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on May 13, 2024

Independent Bank Corporation to Report Q1, 2024 Results on Apr 25, 2024

Full year 2023 earnings: EPS misses analyst expectations

Independent Bank: Earnings Outlook Is Positive But I'm Downgrading To Hold

President exercised options and sold US$154k worth of stock

Price target increased by 13% to US$26.75

Fourth quarter dividend increased to US$0.24

Full year 2023 earnings: EPS misses analyst expectations

Independent Bank Corporation Announces Loan Net Charge-Offs for Fourth Quarter of 2023

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on February 15, 2024

Price target increased by 10% to US$23.75

Independent Bank Corporation to Report Q4, 2023 Results on Jan 25, 2024

Consensus EPS estimates increase by 12%

Upcoming dividend of US$0.23 per share at 5.0% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Independent Bank Corporation Announces Quarterly Cash Dividend, Payable on November 13, 2023

Independent Bank Corporation to Report Q3, 2023 Results on Oct 24, 2023

Price target increased by 8.5% to US$21.80

Upcoming dividend of US$0.23 per share at 4.4% yield

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Independent Bank Corporation Announces Quarterly Cash Dividend, Payable on August 14, 2023

Independent Bank Corporation to Report Q2, 2023 Results on Jul 25, 2023

Investor sentiment improves as stock rises 17%

Independent Bank's (NASDAQ:IBCP) Shareholders Will Receive A Bigger Dividend Than Last Year

Price target decreased by 7.8% to US$22.60

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings: Revenues miss analyst expectations

Independent Bank (NASDAQ:IBCP) Is Increasing Its Dividend To $0.23

Independent Bank Corporation Announces 5% Increase in Quarterly Cash Dividend on Common Stock, Payable on February 24, 2023

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

President exercised options and sold US$118k worth of stock

Independent Bank Corporation to Report Q4, 2022 Results on Jan 26, 2023

Insufficient new directors

Insufficient new directors

Consensus forecasts updated

Upcoming dividend of US$0.22 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on November 14, 2022

Independent Bank declares $0.22 dividend

Independent Bank Corporation to Report Q3, 2022 Results on Oct 25, 2022

Upcoming dividend of US$0.22 per share

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Independent Bank GAAP EPS of $0.61 beats by $0.06, revenue of $50.69M

Independent Bank Corporation Declares Quarterly Cash Dividend on Its Common Stock, Payable on August 16, 2022

Independent Bank declares $0.22 dividend

Independent Bank Corporation to Report Q2, 2022 Results on Jul 26, 2022

Independent Bank: Attractively Valued But Earnings Likely To Dip

Consensus revenue estimates increase by 16%

Analyst Forecasts For Independent Bank Corporation (NASDAQ:IBCP) Are Surging Higher

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on May 16, 2022

Independent Bank Corporation, Annual General Meeting, Apr 19, 2022

Full year 2021 earnings: Revenues in line with analyst expectations

Independent Bank: Track Record Of 5 Year 20%+ EPS Growth

Full year 2021 earnings: EPS misses analyst expectations

Independent Bank Corporation Reports Loan Net Charge Offs for the Fourth Quarter Ended December 31, 2021

President exercised options and sold US$109k worth of stock

Independent Bank (NASDAQ:IBCP) Is Increasing Its Dividend To US$0.22

Upcoming dividend of US$0.21 per share

Third quarter 2021 earnings released: EPS US$0.74 (vs US$0.90 in 3Q 2020)

Independent Bank (NASDAQ:IBCP) Has Announced A Dividend Of US$0.21

Independent Bank: Not Quite Firing On All Cylinders

Second quarter 2021 earnings released: EPS US$0.57 (vs US$0.68 in 2Q 2020)

Independent Bank (NASDAQ:IBCP) Has Announced A Dividend Of US$0.21

Independent Bank: Attractively Priced With A Positive Earnings Outlook

Independent Chairman of the Board recently sold US$209k worth of stock