IBCP NASDAQ Week ended 24 Jul 2026

Weekly Investor Report

Independent Bank Corporation · Financial Services · Banks - Regional

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Latest close 37.66 USD
3.4% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 9.5% above the Trend Line and sits at 85.4% of its 52-week range. The latest completed week returned 3.4%, after a 3.9% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is inexpensive relative to peers. Options positioning is bearish with 62/100 conviction, while the latest news-sentiment score is 57/100. Near-term considerations: earnings are due in 88d.

Setup score 67 out of 100
Latest Close 37.66 USD 24 Jul 2026
1W Return 3.4% latest completed week
4W Return 3.9% short-term follow-through
12W Return 13.0% quarterly tape
Trend Breadth 76.9% 40 of 52 weeks active
Volume Ratio 1.4x vs 13-week average
What is working
  • The trend backdrop is active with a 33-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • 15 reversal markers appear in the recent smart-money tape.
What to watch next
  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through 3.4% Latest completed week; four-week move 3.9%. Indicator stack 87/75 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Bearish 62/100 conviction; expected move 12.9%. News sentiment 57/100 56 relevant articles in the latest sentiment read. Event risk 88d Next report is scheduled for 27 Oct 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 9.5% above the Trend Line and sits at 85.4% of its 52-week range. The latest completed week returned 3.4%, after a 3.9% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.4x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.7212-week average 0.52

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure6/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership1/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.72Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1515 reversal markers

No recent accumulation markers. 15 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 3.9% over four weeks, 13.0% over 12 weeks, and 19.9% over one year. The current trend has remained active for 33 consecutive weeks.

Performance by holding period

1W3.4%
4W3.9%
12W13.0%
26W10.3%
52W19.9%
Active trend streak33 weeks
Active weeks in one year40
Trend breadth76.9%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.06Latest activity-pressure read.
Pressure change70.7%Four-week change in activity pressure.
Leadership4.54Latest relative-leadership reading.
RS change228.1%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Dec 2025 Field coverage 100% Model confidence 100%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength94/100Blend of value, momentum, and quality. Underlying universe rank 7; rank 1 is best.
Value87/100Relative valuation strength. Underlying universe rank 14; rank 1 is best.
Quality80/100Profitability and accounting quality. Underlying universe rank 21; rank 1 is best.
Momentum69/100Medium-term price momentum. Underlying universe rank 32; rank 1 is best.
Growth16/100Revenue and earnings growth. Underlying universe rank 85; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework90/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
10.8x
Price divided by trailing earnings.
Price / sales
2.5x
Market value relative to trailing revenue.
EV / EBITDA
9.6x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
9.5%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
71.3%
Gross profit retained from each unit of revenue.
Operating margin
26.7%
Operating profit retained from revenue.
Free-cash-flow margin
26.3%
Free cash flow generated from revenue.
Return on invested capital
11.4%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
1.4%
Latest one-year revenue growth.
EPS growth
10.8%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
7/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
2.9%
Cash dividends relative to market value.
Buyback yield
1.6%
Net share repurchases relative to market value.
Shareholder yield
4.5%
Dividend yield plus net buyback yield.
Net debt / EBITDA
1.1x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBearish

IBCP shows bearish options pressure with a 62/100 conviction score, put-call volume ratio of n/a, expected move of 12.9%, and Sharemaestro trend signal active.

Conviction62/100
Expected move12.9%
Put/call volume
Pressure-91
Speculation57
Volatility69
Trend agreement16
Open options detail
Insider activity12 / 6

12 acquisitions and 6 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment57/100

Weighted news tone is neutral across 56 relevant articles.

20 positive · 33 neutral · 3 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings88dNext report is scheduled for 27 Oct 2026; event risk rises as the date approaches.
Options expected move12.9%Nearest-chain priced movement where available.
52-week drawdown-3.8%Distance below the 52-week high.
13-week volatility2.9%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher17 of 269 weeks finished lower.
Best week+5.6%Week of 26 Jun.
Worst week-6.0%Week of 27 Feb.
Latest week+3.4%Week of 24 Jul.

Shape of recent returns

Strong gains2
Modest gains15
Flat weeks0
Modest losses7
Sharp losses2
Recent vol2.9%13-week weekly-return volatility.
Base vol3.1%52-week weekly-return volatility.
Up/down split33/19Count of positive and negative weeks in the 52-week window.
Average skew2.4% / -3.0%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape68/100

Trend, activity pressure, participation, and risk combine to a 68/100 tape read.

 Indicator analysis50/100

Latest 12-week confirmation: trend 12/12, activity pressure 6/12, relative leadership 1/12.

Activity pressure 0.72; 15 reversal markers Factors82/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 26; Small Cap Core rank 21 SVQF90/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 72.5 of 725 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options24/100

IBCP shows bearish options pressure with a 62/100 conviction score, put-call volume ratio of n/a, expected move of 12.9%, and Sharemaestro trend signal active.

Bearish · Put-side pressure · Expected move 12.9% Sentiment57/100

Weighted news tone is neutral across 56 relevant articles.

Analysts’ Opinions Are Mixed on These Financial Stocks: Independent Bank (IBCP), Ally Financial (ALLY) and Robinhood (HOOD) Insiders12 / 6

12 acquisitions and 6 disposals in the latest 180-day insider tape.

 Earnings88d

Next report is scheduled for 27 Oct 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202637.66 USD3.4%34.38 USD28.86 USD1.064.541.2MOn
17 Jul 202636.41 USD1.5%34.21 USD28.74 USD1.07-0.571.3MOn
10 Jul 202635.88 USD-0.4%34.12 USD28.62 USD0.85-6.32784.7KOn
3 Jul 202636.04 USD-0.5%34.07 USD28.49 USD0.80-4.53612.5KOn
26 Jun 202636.23 USD5.6%33.96 USD28.36 USD0.62-3.541.3MOn
19 Jun 202634.31 USD-3.3%33.83 USD28.23 USD0.11-12.97834.2KOn
12 Jun 202635.48 USD2.6%33.72 USD28.11 USD-0.15-7.92703.5KOn
5 Jun 202634.58 USD0.8%33.55 USD27.98 USD-0.52-8.42684.9KOn
29 May 202634.32 USD1.2%33.41 USD27.87 USD-0.60-13.47407.0KOn
22 May 202633.90 USD3.6%33.24 USD27.75 USD-0.59-12.44598.1KOn
15 May 202632.72 USD-5.2%33.16 USD27.63 USD-0.59-14.85815.8KOn
8 May 202634.53 USD3.6%33.09 USD27.52 USD-0.43-10.88937.2KOn
1 May 202633.33 USD0.5%32.93 USD27.39 USD-0.39-9.71913.5KOn
24 Apr 202633.15 USD-3.9%32.82 USD27.27 USD-0.36-9.21696.7KOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.