CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

Trade Independent Bank Corp - IBCP CFD

31.43
0.26%
Market Trading Hours* (UTC) Opens on Monday at 13:30

Mon - Fri: 13:30 - 20:00

  • Summary
  • Historical Data
Trading сonditions
Spread 0.14
Long position overnight fee

Long position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.02629 %
Charges from full value of position ($-5.00)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.02629%
Short position overnight fee

Short position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment 0.004068 %
Charges from full value of position ($0.77)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
0.004068%
Overnight fee time 21:00 (UTC)
Min traded quantity 1
Currency USD
Margin 5%
Stock exchange United States of America
Commission on trade 0%

Key Stats
Prev. Close 31.35
Open 31.38
1-Year Change 65.59%
Day's Range 31.36 - 32.02
  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Jul 19, 2024 31.43 0.05 0.16% 31.38 32.02 31.30
Jul 18, 2024 31.35 -0.10 -0.32% 31.45 32.33 31.01
Jul 17, 2024 31.83 2.05 6.88% 29.78 32.08 29.78
Jul 16, 2024 31.14 2.06 7.08% 29.08 31.19 29.08
Jul 15, 2024 29.51 1.99 7.23% 27.52 29.59 27.52
Jul 12, 2024 28.18 0.08 0.28% 28.10 28.57 27.40
Jul 11, 2024 27.89 1.29 4.85% 26.60 28.33 26.51
Jul 10, 2024 26.84 1.49 5.88% 25.35 26.91 25.31
Jul 9, 2024 26.31 0.80 3.14% 25.51 26.31 25.51
Jul 8, 2024 25.87 0.53 2.09% 25.34 26.00 25.34
Jul 5, 2024 25.46 -0.56 -2.15% 26.02 26.02 25.39
Jul 3, 2024 26.00 0.00 0.00% 26.00 26.33 25.99
Jul 2, 2024 26.37 0.69 2.69% 25.68 26.45 25.68
Jul 1, 2024 26.27 -0.30 -1.13% 26.57 26.98 26.03
Jun 28, 2024 26.91 1.43 5.61% 25.48 27.55 25.48
Jun 27, 2024 25.42 0.59 2.38% 24.83 25.47 24.61
Jun 26, 2024 24.83 0.65 2.69% 24.18 25.05 24.14
Jun 25, 2024 24.56 0.41 1.70% 24.15 24.70 24.15
Jun 24, 2024 24.46 1.20 5.16% 23.26 24.67 23.26
Jun 21, 2024 23.82 0.48 2.06% 23.34 24.15 23.30

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
Leverage
1:1
  • 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

People also watch

BTC/USD

68,070.55 Price
+0.940% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 106.00

TSLA

239.25 Price
-4.530% 1D Chg, %
Long position overnight fee -0.0263%
Short position overnight fee 0.0041%
Overnight fee time 21:00 (UTC)
Spread 0.14

ETH/USD

3,534.00 Price
+0.230% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 6.00

XRP/USD

0.60 Price
+0.460% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.01168

Still looking for a broker you can trust?

Join the 630,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading