Independent Bank Corp.

IBCP XNAS STATE COMMERCIAL BANKS

Market Cap

710M

Short interest (May 15)

2.9%

Net Short (Jun 03 ): 0.0%

Borrow Fee

0.56%

↓ 0.4%

Available Shares

400K

↓ 22.1%

Price Chart

Company Overview

Independent Bank Corp. operates as a commercial bank. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. It also provides internet and mobile banking capabilities to its customers. The firm's principal markets are the rural and suburban communities across Lower Michigan. The firm generates the majority of its revenue from Interest and fees on loans.

Company Info

Exchange: NASDAQ
Industry: STATE COMMERCIAL BANKS
CIK: 0000039311
Asset Type: CS

Market Data

Market Cap: $705,966,938
Employees: 826
Status: Active

Short Interest

Current Borrow Fee 0.56%
Range: 0.49% - 0.56%
Available Shares 400K
Range: 250K - 350K

Recent Changes

Fee Change: ↑ 6.4%
Available Change: ↑ 14.3%

Quick Actions

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Investment Risk

This is not financial advice. All investments carry risk. Do your own research before making investment decisions.

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