Trade Independent Bank Corp - IBCP CFD

Add to favourite

30.60

0.55%

0.14

Low: 30.16

High: 30.7

Market Trading Hours* (UTC) Open now
Closes on Wednesday at 20:00

Mon - Fri: 13:30 - 20:00

Summary
Historical Data

Trading сonditions

Spread

0.14

Long position overnight fee

-0.023679%

Short position overnight fee

0.001457%

Overnight fee time

21:00 (UTC)

Min traded quantity

Currency

USD

Margin

5.00%

Stock exchange

United States of America

Commission on trade

Key Stats

Prev. Close	30.77
Open	30.16
1-Year Change	22.75%
Day's Range	30.16 - 30.7

Last Week
Last Month
Last Year
Last two Years
Max

Daily
Weekly
Monthly

Date	Close	Change	Change (%)	Open	High	Low
Apr 1, 2025	30.77	0.55	1.82%	30.22	30.85	30.12
Mar 31, 2025	30.73	0.28	0.92%	30.45	30.90	30.22
Mar 28, 2025	30.77	-0.33	-1.06%	31.10	31.22	30.57
Mar 27, 2025	31.49	0.04	0.13%	31.45	31.68	30.67
Mar 26, 2025	31.47	0.37	1.19%	31.10	31.89	31.10
Mar 25, 2025	31.51	0.38	1.22%	31.13	32.00	31.13
Mar 24, 2025	31.75	0.59	1.89%	31.16	31.91	31.16
Mar 21, 2025	30.93	0.43	1.41%	30.50	31.23	30.45
Mar 20, 2025	30.94	0.44	1.44%	30.50	31.47	30.50
Mar 19, 2025	31.29	0.71	2.32%	30.58	31.60	30.45
Mar 18, 2025	30.89	0.53	1.75%	30.36	31.07	30.36
Mar 17, 2025	30.94	1.17	3.93%	29.77	31.30	29.77
Mar 14, 2025	30.82	0.55	1.82%	30.27	30.93	29.69
Mar 13, 2025	30.06	-0.02	-0.07%	30.08	30.43	30.02
Mar 12, 2025	30.38	0.69	2.32%	29.69	30.66	29.69
Mar 11, 2025	30.13	-0.65	-2.11%	30.78	30.78	29.88
Mar 10, 2025	30.25	-0.85	-2.73%	31.10	31.35	30.20
Mar 7, 2025	31.55	0.48	1.54%	31.07	31.65	30.94
Mar 6, 2025	31.73	0.83	2.69%	30.90	31.86	30.90
Mar 5, 2025	32.16	-0.04	-0.12%	32.20	32.70	31.85

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

1:1
2:1
3:1
5:1
10:1
20:1

Leverage

20:1

20
100
500
1000
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