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Independent Bank Corporation operates as the bank holding company for Independent Bank, a chartered bank that provides various banking services to individuals and businesses in Michigan.View IBCP
Independent Bank Corp (Ionia MI) - IBCP - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Independent Bank Corp (Ionia MI) as a
Buy with a ratings score of B.
Report Snippet: We rate INDEPENDENT BANK CORP/MI (IBCP) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, solid stock price performance and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.