IBCP - Independent Bank Corporation
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$38.00
DETAILS
HIGH:
$39.00
LOW:
$37.00
MEDIAN:
$38.00
CONSENSUS:
$38.00
UPSIDE:
12.09%
About Independent Bank Corporation (https://www.independentbank.com)
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and seven loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Key Executives
| NAME | TITLE | DOB | SALARY |
|---|---|---|---|
| William Bradford Kessel | President, Chief Executive Officer & Director | 1964 | $1,111,696 USD |
| Gavin A. Mohr | Chief Financial Officer, Executive Vice President, Treasurer & Corporate Secretary | 1984 | $524,849 USD |
| Joel F. Rahn | Executive Vice President of Commercial Lending & Chief Lending Officer | 1966 | $499,536 USD |
| Stefanie Kimball | Executive Vice President & Chief Risk Officer | 1960 | $489,410 USD |
| Patrick J. Ervin | Executive Vice President of Mortgage Banking | 1966 | $473,765 USD |
| Christopher Michaels | Executive Vice President & Chief Operating Officer | 1967 | – |
| Darcy J. Benjamin | Accounting Officer | – | – |
| James J. Twarozynski | Senior Vice President, Chief Accounting Officer & Controller | 1965 | – |
| Laurinda Neve | Senior Vice President of Human Resources | 1952 | – |
| Michael J. Stodolak | Executive Vice President of Retail Banking | 1961 | – |