B
Independent Bank Corporation
IBCP
$28.08
-$0.53-1.85%
B
Buy
10/18/2024Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 10/18/2024 due to a decline in the valuation index and dividend index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 10/18/2024 due to a decline in the valuation index and dividend index.
B
Buy
10/3/2024Upgraded
Independent Bank Corporation (IBCP) was upgraded to B from B- on 10/3/2024 due to an increase in the total return index, valuation index and dividend index.
Independent Bank Corporation (IBCP) was upgraded to B from B- on 10/3/2024 due to an increase in the total return index, valuation index and dividend index.
B
Buy
8/30/2024Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 8/30/2024 due to a decline in the valuation index and dividend index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 8/30/2024 due to a decline in the valuation index and dividend index.
B
Buy
8/15/2024Upgraded
Independent Bank Corporation (IBCP) was upgraded to B from B- on 8/15/2024 due to an increase in the total return index, valuation index and volatility index.
Independent Bank Corporation (IBCP) was upgraded to B from B- on 8/15/2024 due to an increase in the total return index, valuation index and volatility index.
B
Buy
7/23/2024Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 7/23/2024 due to a decline in the valuation index, volatility index and dividend index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 7/23/2024 due to a decline in the valuation index, volatility index and dividend index.
B
Buy
7/5/2024Upgraded
Independent Bank Corporation (IBCP) was upgraded to B from B- on 7/5/2024 due to an increase in the total return index.
Independent Bank Corporation (IBCP) was upgraded to B from B- on 7/5/2024 due to an increase in the total return index.
B
Buy
6/14/2024Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 6/14/2024 due to a decline in the total return index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 6/14/2024 due to a decline in the total return index.
B
Buy
5/7/2024Upgraded
Independent Bank Corporation (IBCP) was upgraded to B from B- on 5/7/2024 due to an increase in the volatility index, growth index and total return index. Operating cash flow increased 24% from $16.8M to $20.83M, earnings per share increased from $0.65 to $0.76, and total revenue increased 4.39% from $49.83M to $52.01M.
Independent Bank Corporation (IBCP) was upgraded to B from B- on 5/7/2024 due to an increase in the volatility index, growth index and total return index. Operating cash flow increased 24% from $16.8M to $20.83M, earnings per share increased from $0.65 to $0.76, and total revenue increased 4.39% from $49.83M to $52.01M.
B
Buy
2/5/2024Upgraded
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 2/5/2024 due to a noticeable increase in the total return index, growth index and volatility index. Operating cash flow increased 159.88% from $9.79M to $25.44M, earnings per share increased from $0.7 to $0.83, and total revenue increased 6.42% from $50.45M to $53.69M.
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 2/5/2024 due to a noticeable increase in the total return index, growth index and volatility index. Operating cash flow increased 159.88% from $9.79M to $25.44M, earnings per share increased from $0.7 to $0.83, and total revenue increased 6.42% from $50.45M to $53.69M.
C
Hold
11/1/2023Upgraded
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 11/1/2023 due to an increase in the total return index.
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 11/1/2023 due to an increase in the total return index.
C
Hold
5/15/2023Downgrade
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 5/15/2023 due to a decline in the volatility index, growth index and efficiency index. Net income declined 13.89% from $15.09M to $12.99M, earnings per share declined from $0.6999 to $0.61, and total revenue declined 7.59% from $50.68M to $46.83M.
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 5/15/2023 due to a decline in the volatility index, growth index and efficiency index. Net income declined 13.89% from $15.09M to $12.99M, earnings per share declined from $0.6999 to $0.61, and total revenue declined 7.59% from $50.68M to $46.83M.
C
Hold
5/1/2023Upgraded
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 5/1/2023 due to an increase in the volatility index and valuation index.
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 5/1/2023 due to an increase in the volatility index and valuation index.
C
Hold
4/11/2023Downgrade
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 4/11/2023 due to a large decline in the growth index, total return index and efficiency index. Operating cash flow declined 102.15% from $34.24M to -$736, earnings per share declined from $0.81 to $0.6999, and net income declined 12.78% from $17.3M to $15.09M.
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 4/11/2023 due to a large decline in the growth index, total return index and efficiency index. Operating cash flow declined 102.15% from $34.24M to -$736, earnings per share declined from $0.81 to $0.6999, and net income declined 12.78% from $17.3M to $15.09M.
C
Hold
2/6/2023Downgrade
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 2/6/2023 due to a decline in the total return index.
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 2/6/2023 due to a decline in the total return index.
B
Buy
11/10/2022Upgraded
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 11/10/2022 due to a large increase in the growth index, volatility index and total return index. Operating cash flow increased 51.83% from $22.55M to $34.24M, earnings per share increased from $0.61 to $0.81, and total revenue increased 10.97% from $48.31M to $53.61M.
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 11/10/2022 due to a large increase in the growth index, volatility index and total return index. Operating cash flow increased 51.83% from $22.55M to $34.24M, earnings per share increased from $0.61 to $0.81, and total revenue increased 10.97% from $48.31M to $53.61M.
C
Hold
10/20/2022Upgraded
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 10/20/2022 due to an increase in the total return index.
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 10/20/2022 due to an increase in the total return index.
C
Hold
6/10/2022Downgrade
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 6/10/2022 due to a decline in the total return index and volatility index.
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 6/10/2022 due to a decline in the total return index and volatility index.
C
Hold
5/12/2022Downgrade
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 5/12/2022 due to a large decline in the growth index, total return index and solvency index. Operating cash flow declined 28.89% from $54.24M to $38.57M, and debt to equity increased from 0.29 to 0.34.
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 5/12/2022 due to a large decline in the growth index, total return index and solvency index. Operating cash flow declined 28.89% from $54.24M to $38.57M, and debt to equity increased from 0.29 to 0.34.
B
Buy
2/18/2022Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 2/18/2022 due to a decline in the total return index and valuation index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 2/18/2022 due to a decline in the total return index and valuation index.
B
Buy
12/30/2021Upgraded
Independent Bank Corporation (IBCP) was upgraded to B from B- on 12/30/2021 due to a noticeable increase in the total return index, growth index and volatility index. Earnings per share increased from $0.56 to $0.73, and total revenue increased 13.8% from $47.59M to $54.16M.
Independent Bank Corporation (IBCP) was upgraded to B from B- on 12/30/2021 due to a noticeable increase in the total return index, growth index and volatility index. Earnings per share increased from $0.56 to $0.73, and total revenue increased 13.8% from $47.59M to $54.16M.
B
Buy
11/3/2021Upgraded
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 11/3/2021 due to an increase in the total return index and volatility index.
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 11/3/2021 due to an increase in the total return index and volatility index.
C
Hold
8/19/2021Downgrade
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 8/19/2021 due to a large decline in the growth index, volatility index and total return index. Earnings per share declined from $1 to $0.56, total revenue declined 16.75% from $57.16M to $47.59M, and operating cash flow declined 10.07% from $35.07M to $31.53M.
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 8/19/2021 due to a large decline in the growth index, volatility index and total return index. Earnings per share declined from $1 to $0.56, total revenue declined 16.75% from $57.16M to $47.59M, and operating cash flow declined 10.07% from $35.07M to $31.53M.
B
Buy
8/2/2021Upgraded
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 8/2/2021 due to an increase in the total return index, valuation index and dividend index.
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 8/2/2021 due to an increase in the total return index, valuation index and dividend index.
C
Hold
6/29/2021Downgrade
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 6/29/2021 due to a decline in the total return index and solvency index.
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 6/29/2021 due to a decline in the total return index and solvency index.
B
Buy
5/4/2021Upgraded
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 5/4/2021 due to a noticeable increase in the total return index, volatility index and growth index.
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 5/4/2021 due to a noticeable increase in the total return index, volatility index and growth index.
C
Hold
3/24/2021Upgraded
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 3/24/2021 due to a noticeable increase in the total return index, volatility index and efficiency index. Total capital increased 2.96% from $441.97M to $455.07M.
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 3/24/2021 due to a noticeable increase in the total return index, volatility index and efficiency index. Total capital increased 2.96% from $441.97M to $455.07M.
C
Hold
11/20/2020Upgraded
Independent Bank Corporation (IBCP) was upgraded to C from C- on 11/20/2020 due to a noticeable increase in the growth index, solvency index and efficiency index. Earnings per share increased from $0.67 to $0.89, net income increased 32.58% from $14.77M to $19.58M, and total revenue increased 27.08% from $45.64M to $58M.
Independent Bank Corporation (IBCP) was upgraded to C from C- on 11/20/2020 due to a noticeable increase in the growth index, solvency index and efficiency index. Earnings per share increased from $0.67 to $0.89, net income increased 32.58% from $14.77M to $19.58M, and total revenue increased 27.08% from $45.64M to $58M.
C
Hold
4/14/2020Downgrade
Independent Bank Corporation (IBCP) was downgraded to C- from C on 4/14/2020 due to a noticeable decline in the volatility index and total return index.
Independent Bank Corporation (IBCP) was downgraded to C- from C on 4/14/2020 due to a noticeable decline in the volatility index and total return index.
C
Hold
3/6/2020Downgrade
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 3/6/2020 due to a decline in the total return index and volatility index.
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 3/6/2020 due to a decline in the total return index and volatility index.
C
Hold
2/24/2020Downgrade
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 2/24/2020 due to a decline in the total return index, volatility index and valuation index.
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 2/24/2020 due to a decline in the total return index, volatility index and valuation index.
B
Buy
2/4/2020Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 2/4/2020 due to a decline in the volatility index and total return index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 2/4/2020 due to a decline in the volatility index and total return index.
B
Buy
1/17/2020Upgraded
Independent Bank Corporation (IBCP) was upgraded to B from B- on 1/17/2020 due to an increase in the total return index and volatility index.
Independent Bank Corporation (IBCP) was upgraded to B from B- on 1/17/2020 due to an increase in the total return index and volatility index.
B
Buy
12/17/2019Upgraded
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 12/17/2019 due to an increase in the volatility index, total return index and valuation index.
Independent Bank Corporation (IBCP) was upgraded to B- from C+ on 12/17/2019 due to an increase in the volatility index, total return index and valuation index.
C
Hold
11/14/2019Upgraded
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 11/14/2019 due to an increase in the solvency index, volatility index and total return index.
Independent Bank Corporation (IBCP) was upgraded to C+ from C on 11/14/2019 due to an increase in the solvency index, volatility index and total return index.
C
Hold
10/17/2019Downgrade
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 10/17/2019 due to a decline in the total return index, volatility index and valuation index.
Independent Bank Corporation (IBCP) was downgraded to C from C+ on 10/17/2019 due to a decline in the total return index, volatility index and valuation index.
C
Hold
8/15/2019Downgrade
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 8/15/2019 due to a decline in the volatility index, growth index and solvency index. Operating cash flow declined 62.43% from $10.13M to $3.81M, and debt to equity increased from 0.2 to 0.26.
Independent Bank Corporation (IBCP) was downgraded to C+ from B- on 8/15/2019 due to a decline in the volatility index, growth index and solvency index. Operating cash flow declined 62.43% from $10.13M to $3.81M, and debt to equity increased from 0.2 to 0.26.
B
Buy
5/1/2019Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 5/1/2019 due to a decline in the total return index and volatility index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 5/1/2019 due to a decline in the total return index and volatility index.
B
Buy
4/15/2019Upgraded
Independent Bank Corporation (IBCP) was upgraded to B from B- on 4/15/2019 due to a noticeable increase in the valuation index, total return index and efficiency index.
Independent Bank Corporation (IBCP) was upgraded to B from B- on 4/15/2019 due to a noticeable increase in the valuation index, total return index and efficiency index.
B
Buy
1/22/2019Downgrade
Independent Bank Corporation (IBCP) was downgraded to B- from B on 1/22/2019 due to a noticeable decline in the volatility index, total return index and valuation index.
Independent Bank Corporation (IBCP) was downgraded to B- from B on 1/22/2019 due to a noticeable decline in the volatility index, total return index and valuation index.
B
Buy
12/4/2018Downgrade
Independent Bank Corporation (IBCP) was downgraded to B from B+ on 12/4/2018 due to a noticeable decline in the volatility index, total return index and solvency index. Debt to equity increased from 0.24 to 0.35.
Independent Bank Corporation (IBCP) was downgraded to B from B+ on 12/4/2018 due to a noticeable decline in the volatility index, total return index and solvency index. Debt to equity increased from 0.24 to 0.35.
B
Buy
10/3/2018Downgrade
Independent Bank Corporation (IBCP) was downgraded to B+ from A- on 10/3/2018 due to a large decline in the total return index and volatility index.
Independent Bank Corporation (IBCP) was downgraded to B+ from A- on 10/3/2018 due to a large decline in the total return index and volatility index.
A
Buy
8/14/2018Downgrade
Independent Bank Corporation (IBCP) was downgraded to A- from A on 8/14/2018 due to a noticeable decline in the total return index.
Independent Bank Corporation (IBCP) was downgraded to A- from A on 8/14/2018 due to a noticeable decline in the total return index.
A
Buy
6/25/2018Upgraded
Independent Bank Corporation (IBCP) was upgraded to A from A- on 6/25/2018 due to a large increase in the total return index.
Independent Bank Corporation (IBCP) was upgraded to A from A- on 6/25/2018 due to a large increase in the total return index.
A
Buy
5/7/2018Upgraded
Independent Bank Corporation (IBCP) was upgraded to A- from B+ on 5/7/2018 due to a significant increase in the growth index, volatility index and dividend index. Earnings per share increased from $0.0801 to $0.42, and total revenue increased 2.81% from $34.37M to $35.33M.
Independent Bank Corporation (IBCP) was upgraded to A- from B+ on 5/7/2018 due to a significant increase in the growth index, volatility index and dividend index. Earnings per share increased from $0.0801 to $0.42, and total revenue increased 2.81% from $34.37M to $35.33M.
B
Buy
7/12/2017Upgraded
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 7/12/2017 due to a substantial increase in the total return index and volatility index.
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 7/12/2017 due to a substantial increase in the total return index and volatility index.
B
Buy
6/27/2017Downgrade
Independent Bank Corporation (IBCP) was downgraded to B from B+ on 6/27/2017 due to a significant decline in the total return index and volatility index.
Independent Bank Corporation (IBCP) was downgraded to B from B+ on 6/27/2017 due to a significant decline in the total return index and volatility index.
B
Buy
3/3/2017Upgraded
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 3/3/2017 due to an increase in the volatility index and growth index.
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 3/3/2017 due to an increase in the volatility index and growth index.
B
Buy
11/4/2016Downgrade
Independent Bank Corporation (IBCP) was downgraded to B from A- on 11/4/2016 due to a significant decline in the growth index. Operating cash flow declined 114.74% from $9.47M to -$1.4M.
Independent Bank Corporation (IBCP) was downgraded to B from A- on 11/4/2016 due to a significant decline in the growth index. Operating cash flow declined 114.74% from $9.47M to -$1.4M.
A
Buy
10/25/2016Downgrade
Independent Bank Corporation (IBCP) was downgraded to A- from A on 10/25/2016 due to a noticeable decline in the total return index and volatility index.
Independent Bank Corporation (IBCP) was downgraded to A- from A on 10/25/2016 due to a noticeable decline in the total return index and volatility index.
A
Buy
10/10/2016Upgraded
Independent Bank Corporation (IBCP) was upgraded to A from A- on 10/10/2016 due to a large increase in the total return index.
Independent Bank Corporation (IBCP) was upgraded to A from A- on 10/10/2016 due to a large increase in the total return index.
A
Buy
8/5/2016Upgraded
Independent Bank Corporation (IBCP) was upgraded to A- from B+ on 8/5/2016 due to a major increase in the total return index, growth index and volatility index. Operating cash flow increased 88.14% from $5.03M to $9.47M, earnings per share increased from $0.1885 to $0.3, and total revenue increased 3.51% from $29.55M to $30.59M.
Independent Bank Corporation (IBCP) was upgraded to A- from B+ on 8/5/2016 due to a major increase in the total return index, growth index and volatility index. Operating cash flow increased 88.14% from $5.03M to $9.47M, earnings per share increased from $0.1885 to $0.3, and total revenue increased 3.51% from $29.55M to $30.59M.
B
Buy
5/20/2016Upgraded
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 5/20/2016 due to an increase in the volatility index, valuation index and efficiency index.
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 5/20/2016 due to an increase in the volatility index, valuation index and efficiency index.
B
Buy
3/11/2016Downgrade
Independent Bank Corporation (IBCP) was downgraded to B from A- on 3/11/2016 due to a substantial decline in the total return index, volatility index and growth index. Operating cash flow declined 62.01% from $11.78M to $4.48M.
Independent Bank Corporation (IBCP) was downgraded to B from A- on 3/11/2016 due to a substantial decline in the total return index, volatility index and growth index. Operating cash flow declined 62.01% from $11.78M to $4.48M.
A
Buy
11/23/2015Downgrade
Independent Bank Corporation (IBCP) was downgraded to A- from A on 11/23/2015 due to a decline in the growth index, volatility index and valuation index.
Independent Bank Corporation (IBCP) was downgraded to A- from A on 11/23/2015 due to a decline in the growth index, volatility index and valuation index.
A
Buy
11/6/2015Upgraded
Independent Bank Corporation (IBCP) was upgraded to A from A- on 11/6/2015 due to a substantial increase in the growth index and total return index. Operating cash flow increased 16.71% from $10.09M to $11.78M, and total revenue increased 5.97% from $28.39M to $30.09M.
Independent Bank Corporation (IBCP) was upgraded to A from A- on 11/6/2015 due to a substantial increase in the growth index and total return index. Operating cash flow increased 16.71% from $10.09M to $11.78M, and total revenue increased 5.97% from $28.39M to $30.09M.
A
Buy
9/11/2015Downgrade
Independent Bank Corporation (IBCP) was downgraded to A- from A on 9/11/2015 due to a decline in the total return index.
Independent Bank Corporation (IBCP) was downgraded to A- from A on 9/11/2015 due to a decline in the total return index.
A
Buy
8/27/2015Upgraded
Independent Bank Corporation (IBCP) was upgraded to A from A- on 8/27/2015 due to a significant increase in the total return index, volatility index and growth index. Earnings per share increased from $0.16 to $0.24.
Independent Bank Corporation (IBCP) was upgraded to A from A- on 8/27/2015 due to a significant increase in the total return index, volatility index and growth index. Earnings per share increased from $0.16 to $0.24.
A
Buy
5/4/2015Upgraded
Independent Bank Corporation (IBCP) was upgraded to A- from B+ on 5/4/2015 due to an increase in the volatility index.
Independent Bank Corporation (IBCP) was upgraded to A- from B+ on 5/4/2015 due to an increase in the volatility index.
B
Buy
3/6/2015Upgraded
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 3/6/2015 due to an increase in the efficiency index, growth index and volatility index. Total capital increased 0.17% from $264.71M to $265.16M.
Independent Bank Corporation (IBCP) was upgraded to B+ from B on 3/6/2015 due to an increase in the efficiency index, growth index and volatility index. Total capital increased 0.17% from $264.71M to $265.16M.
B
Buy
11/10/2014Downgrade
Independent Bank Corporation (IBCP) was downgraded to B from B+ on 11/10/2014 due to a noticeable decline in the growth index, volatility index and dividend index. Operating cash flow declined 337.14% from $797 to -$1.89M, earnings per share declined from $0.26 to $0.21, and total revenue declined 3.61% from $30.46M to $29.36M.
Independent Bank Corporation (IBCP) was downgraded to B from B+ on 11/10/2014 due to a noticeable decline in the growth index, volatility index and dividend index. Operating cash flow declined 337.14% from $797 to -$1.89M, earnings per share declined from $0.26 to $0.21, and total revenue declined 3.61% from $30.46M to $29.36M.
B
Buy
10/29/2014Downgrade
Independent Bank Corporation (IBCP) was downgraded to B+ from A- on 10/29/2014 due to a substantial decline in the valuation index, growth index and volatility index. Operating cash flow declined 89.17% from $7.36M to $797.
Independent Bank Corporation (IBCP) was downgraded to B+ from A- on 10/29/2014 due to a substantial decline in the valuation index, growth index and volatility index. Operating cash flow declined 89.17% from $7.36M to $797.
A
Buy
6/30/2014Downgrade
Independent Bank Corporation (IBCP) was downgraded to A- from A on 6/30/2014 due to a decline in the total return index.
Independent Bank Corporation (IBCP) was downgraded to A- from A on 6/30/2014 due to a decline in the total return index.
A
Buy
6/6/2014Upgraded
Independent Bank Corporation (IBCP) was upgraded to A from A- on 6/6/2014 due to a large increase in the volatility index, efficiency index and solvency index. Debt to equity declined from 0.25 to 0.23, and total capital increased 2.51% from $245.28M to $251.43M.
Independent Bank Corporation (IBCP) was upgraded to A from A- on 6/6/2014 due to a large increase in the volatility index, efficiency index and solvency index. Debt to equity declined from 0.25 to 0.23, and total capital increased 2.51% from $245.28M to $251.43M.
A
Buy
3/31/2014Downgrade
Independent Bank Corporation (IBCP) was downgraded to A- from A on 3/31/2014 due to a decline in the volatility index and valuation index.
Independent Bank Corporation (IBCP) was downgraded to A- from A on 3/31/2014 due to a decline in the volatility index and valuation index.
A
Buy
3/12/2014Upgraded
Independent Bank Corporation (IBCP) was upgraded to A from A- on 3/12/2014 due to a noticeable increase in the growth index, valuation index and efficiency index. Operating cash flow increased 116.24% from $4.96M to $10.72M, net income increased 37.2% from $3.51M to $4.81M, and earnings per share increased from $0.1656 to $0.2059.
Independent Bank Corporation (IBCP) was upgraded to A from A- on 3/12/2014 due to a noticeable increase in the growth index, valuation index and efficiency index. Operating cash flow increased 116.24% from $4.96M to $10.72M, net income increased 37.2% from $3.51M to $4.81M, and earnings per share increased from $0.1656 to $0.2059.
NASDAQ
04/04/2025 4:00PM Eastern
Quotes delayed
