Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
INDEPENDENT BANK CORP /MI/
Bear Case (25th pct.)
-2.3% vs price
Base Case (Median)
10.2% vs price
Bull Case (75th pct.)
12.7% vs price
◇ = Current price | | Bear | Base | Bull
| Method | Est. Value | vs Price | Weight |
|---|---|---|---|
| DCF (Discounted Cash Flow) | $23.23 | -37.2% | High (40%) |
| PE Comparable | $41.06 | 11.1% | Medium (25%) |
| Growth Trajectory DCF | $40.41 | 9.3% | Medium (20%) |
| Graham Number | $43.47 | 17.6% | High (80%) |
Based on 4 out of 8 methods, IBCP appears fairly valued at the current price of $36.96. The base case fair value of $40.74 implies 10.2% upside.
Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.