Independent Bank Corporation (IBCP)
Independent Bank Corporation Return on Invested Capital: -6.85%
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IBCP Return on Invested Capital Rankings
| Overall | 17th percentile | 3439 of 4158 |
| Sector | 8th percentile | 773 of 841 in Financial |
| Industry | 0th percentile | 40 of 40 in Regional - Midwest Banks |
IBCP Return on Invested Capital Range, Past 5 Years
| Minimum | -19.85% | Sep 2009 |
| Maximum | 3.26% | Jun 2007 |
| Average | -8.52% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
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IBCP News
May 23, 4:26PM Street Insider
May 23, 4:12PM Benzinga
about 29 days ago by TradeIdeasQuant
Feb 02, 8:30AM PR Newswire
Jan 13, 8:30AM PR Newswire
Oct 05, 1:42PM PR Newswire
about 429 days ago by VexTrades
about 457 days ago by BreakoutStocks
about 470 days ago by chartly
about 470 days ago by StockTiger
about 472 days ago by Skibbs
about 476 days ago by StockTiger
about 476 days ago by StockTiger
about 476 days ago by StockTwits
about 482 days ago by danshep55
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IBCP | 3.50 | +0.15 | +4.48% | 28.61M |
| IBCA | 3.72 | -0.05 | -1.33% | 81.39M |
| IBB | 125.18 | -0.02 | -0.02% | |
| IBA | 21.12 | +0.57 | +2.77% | 1.028B |
| HRZN | 16.24 | +0.09 | +0.56% | 123.22M |
| HRT | 3.33 | +0.17 | +5.38% | 9.291M |
| HRS | 40.23 | +0.86 | +2.18% | 4.483B |
| HRL | 30.24 | +0.10 | +0.32% | 7.949B |
| HRG | 4.80 | +0.00 | +0.00% | 669.17M |
| HRC | 30.30 | +0.77 | +2.61% | 1.828B |
