Independent Bank Corporation Value Stock - Dividend - Research Selection
Market price: 23,27 USD
Independent Bank Corporation (Ionia, MI) Fundamental data and company key figures of the share
|Annual reports in USD|
|Net operating cash flow||58.173.000|
|Free cash flow||53.790.000|
|Liabilities & Shareholders equity||4.204.010.000|
|Diluted shares outstanding||21.853.800|
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|Market Capitalization||502.637.408,00 USD|
|Raw Data Source||US GAAP in Millionen USD|
|Stock Split||2010-09-01,1.0000/10.0000; 2006-08-31,105.0000/100.0000; 2005-09-01,105.0000/100.0000; 2003-10-02,11.0000/10.0000; 2003-01-03,3.0000/2.0000; 2003-01-02,3.0000/2.0000; 2002-10-02,105.0000/100.0000; 2001-10-03,105.0000/100.0000; 2000-10-03,105.0000/100.0000; 1999-10-01,105.0000/100.0000; 1998-10-01,21.0000/20.0000; 1998-07-01,3.0000/2.0000; 1997-10-01,21.0000/20.0000; 1997-05-01,3.0000/2.0000; 1996-10-02,21.0000/20.0000; 1995-10-03,21.000000/20.000000|
Description of the company
Independent Bank Corporation is a bank holding company. The Company owns Independent Bank (the Bank). The Bank is engaged in commercial banking. The Bank´s activities include checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending and safe deposit box services. The Company´s principal markets are the rural and suburban communities across Lower Michigan that is served by its bank´s branch network. As of December 31, 2011, the Bank served its markets through its main office and a total of 100 branches, three drive-thru facilities and two loan production offices. Automatic teller machines are also provided at most locations. On December 7, 2012, the Company´s subsidiary bank, Independent Bank, sold 21 of its branches to Chemical Bank, headquartered in Midland, Michigan.