CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Trade Independent Bank Corp - IBCP CFD

37.83
0.05%
Market Trading Hours* (UTC) Open now
Closes on Monday at 21:00

Mon - Fri: 14:30 - 21:00

  • Summary
  • Historical Data
Trading сonditions
Spread 0.45
Long position overnight fee

Long position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.024318 %
Charges from full value of position ($-4.62)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.024318%
Short position overnight fee

Short position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment 0.002096 %
Charges from full value of position ($0.40)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
0.002096%
Overnight fee time 22:00 (UTC)
Min traded quantity 1
Currency USD
Margin 5.00%
Stock exchange United States of America
Commission on trade 0%

Key Stats
Prev. Close 37.91
Open 37.47
1-Year Change 61.79%
Day's Range 37.47 - 38.03
  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Dec 6, 2024 37.91 0.02 0.05% 37.89 38.16 37.21
Dec 5, 2024 38.02 0.04 0.11% 37.98 38.77 37.78
Dec 4, 2024 38.08 1.42 3.87% 36.66 38.29 36.65
Dec 3, 2024 37.55 0.90 2.46% 36.65 38.00 36.65
Dec 2, 2024 37.74 0.53 1.42% 37.21 38.15 36.72
Nov 29, 2024 36.75 -1.15 -3.03% 37.90 37.90 36.65
Nov 27, 2024 37.89 -0.08 -0.21% 37.97 38.49 37.58
Nov 26, 2024 38.23 0.23 0.61% 38.00 38.40 37.44
Nov 25, 2024 38.82 1.57 4.21% 37.25 40.09 37.25
Nov 22, 2024 38.43 1.88 5.14% 36.55 38.62 36.55
Nov 21, 2024 37.63 1.00 2.73% 36.63 37.92 36.63
Nov 20, 2024 36.91 0.70 1.93% 36.21 37.25 36.21
Nov 19, 2024 37.12 0.94 2.60% 36.18 37.27 36.16
Nov 18, 2024 36.95 0.69 1.90% 36.26 37.86 36.26
Nov 15, 2024 37.61 -0.15 -0.40% 37.76 38.08 37.06
Nov 14, 2024 37.87 0.57 1.53% 37.30 38.20 37.28
Nov 13, 2024 38.10 0.05 0.13% 38.05 39.28 37.84
Nov 12, 2024 38.48 0.07 0.18% 38.41 39.21 37.68
Nov 11, 2024 38.85 2.22 6.06% 36.63 39.06 36.63
Nov 8, 2024 37.22 0.71 1.94% 36.51 37.58 35.43

Trading calculator

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

Trade commission
0
  • 1:1
  • 2:1
  • 3:1
  • 5:1
  • 10:1
  • 20:1
Leverage
20:1
  • 20
  • 100
  • 500
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  • 10000
Investment
Trade size (Leverage x Investement):
Open

Close

Short Long

For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

Independent Bank Corp Company profile

About Independent Bank Corp (Michigan)

Independent Bank Corporation is a bank holding company. The Company provides banking services to customers located primarily in Michigan’s Lower Peninsula. The Company is engaged in bank transacts business in the single industry of commercial banking. It offers a 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. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of approximately 51 branches. It also has two loan production offices in Columbus and Fairlawn, Ohio. The Company’s many bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it provides Internet and mobile banking capabilities to the customers.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Independent Bank Corp (Michigan) interest income decreased 1% to $138.1M. Net interest income after loan loss provision increased 7% to $131.7M. Net income increased 12% to $62.9M. Net interest income after loan loss provision reflects Tax-exempt-Interest on securities increase from $2.9M to $6.1M, Taxable increase of 14% to $14.5M.

Equity composition

Common Stock $10 Par, 5/11, 500M auth., 8,274,057 issd. Insiders own 94.29%. Preferred Stock no Par, 200K auth., Ser. A none issd. Preferred Stock no Par, 200K auth., Ser. B 74,426 issd. 12/10, 1-for-10 reverse split.

Industry: Banks (NEC)

4200 E Beltline Ave
GRAND RAPIDS
MICHIGAN 49525
US

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