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5-day change | 1st Jan Change | ||
24.99 USD | -0.72% | +2.59% | -3.96% |
Apr. 25 | Transcript : Independent Bank Corporation, Q1 2024 Earnings Call, Apr 25, 2024 | |
Apr. 25 | Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q1 EPS $0.76, vs. Street Est of $0.64 | MT |
Strengths
- Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
- Its low valuation, with P/E ratio at 8.51 and 8.54 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
- Over the past year, analysts have regularly revised upwards their sales forecast for the company.
- Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
- For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
- Considering the small differences between the analysts' various estimates, the group's business visibility is good.
- The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.
Weaknesses
- The company's earnings growth outlook lacks momentum and is a weakness.
- The group usually releases earnings worse than estimated.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Banks
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-3.96% | 522M | C- | ||
+13.75% | 556B | C+ | ||
+12.36% | 298B | C+ | ||
+8.64% | 247B | C+ | ||
+21.72% | 210B | C | ||
+16.11% | 170B | B- | ||
+6.88% | 162B | B- | ||
+4.42% | 153B | C+ | ||
-11.67% | 138B | B- | ||
+0.10% | 139B | B- |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
- Stock Market
- Equities
- IBCP Stock
- Ratings Independent Bank Corporation