Published on 28 Nov 2023 on Simply Wall St. via Yahoo Finance

Investing in Independent Bank (NASDAQ:IBCP) three years ago would have delivered you a 42% gain

Article preview image

By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with prowess, you can make superior returns. For example, the Independent Bank Corporation (NASDAQ:IBCP) share price is up 25% in the last three years, clearly besting the market return of around 14% (not including dividends).

So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.

View our latest analysis for Independent Bank

NASDAQ.IBCP price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Alliance Entertainment Holding Corporation (NASDAQ:AENT) Q2 2024 Earnings Call Transcript

Alliance Entertainment Holding Corporation (NASDAQ:AENT) Q2 2024 Earnings Call Transcript Februar...

Insider Monkey via Yahoo Finance 9 Feb 2024

6 best money market funds in February 2024

Money market funds can be a good fit for investors looking to benefit from the current interest r...

Bankrate via AOL 9 Feb 2024

Banks sue their regulators over new fair lending rules

Why it matters: Banks have gotten more aggressive in challenging Biden-era regulations and...

Axios 7 Feb 2024

Earnings call: BankFinancial Corp. outlines 2024 financial strategy By

BankFinancial Corporation (BFIN) has concluded its 2024 Year End Earnings Conference Call, led by... 6 Feb 2024

15 Highest Quality Grocery Stores In The US

In this article, we will be taking a look at the 15 highest quality grocery stores in the US. If ...

Insider Monkey via Yahoo Finance 6 Feb 2024

Banks Sue Regulators Over Anti-Redlining Rule

A new lawsuit says federal agencies overstepped their authority in a rule forcing banks to do bus...

New York Times 5 Feb 2024

US lenders, business groups sue bank regulators over updated fair lending rules

Some of the largest U.S. banking and business groups on Monday sued three bank regulators over...

Reuters 5 Feb 2024

Pros and cons of community banks

Community banks offer products such as deposit accounts and loans primarily to those who reside i...

Bankrate via Yahoo Finance 5 Feb 2024

Independent Bank Corporation (IBCP) Hit a 52 Week High, Can the Run Continue?

Have you been paying attention to shares of Independent Bank (IBCP)? Shares have been on the move...

Zacks via Yahoo Finance 1 Feb 2024

Be Sure To Check Out Independent Bank Corporation (NASDAQ:IBCP) Before It Goes Ex-Dividend

Independent Bank Corporation (NASDAQ:IBCP) stock is about to trade ex-dividend in 4 days. The ex-...

Simply Wall St. via Yahoo Finance 25 Jan 2024