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SC 13G/A ·Filed Oct 30, 2026

IBCP

INDEPENDENT BANK CORP /MI/
NEUTRAL
Impact 2/10
Horizondays Processed2d 8h ago SEC0002100119-26-001622
Passive stake amendment
Actionable Insight • Neutral

Monitor whether Vanguard's stake crosses the 5% threshold in future filings, which could signal a shift from passive to active monitoring. Also watch for any changes in the company's credit quality metrics, as the recent earnings report highlighted rising non-performing loans.

DirectionNeutral
Confidencemedium
Horizondays

Price Chart

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Executive Summary

Vanguard Capital Management LLC filed an amended Schedule 13G disclosing beneficial ownership of 1,109,144 shares of Independent Bank Corp common stock, representing 4.99% of shares outstanding as of September 30, 2026. The stake is unchanged from the prior filing and remains just below the 5% threshold, indicating a passive, stable position.

Key Financial Metrics

Stake
4.99%
Stake Value
$55.3M
Investor
Vanguard Capital Management LLC
Investor Type
index fund

Key Facts

  • Vanguard Capital Management LLC filed an amendment to Schedule 13G on 2026-10-30.
  • Beneficial ownership: 1,109,144 shares of common stock, representing 4.99% of shares outstanding.
  • The stake is unchanged from the prior filing (also 1,109,144 shares, 4.99%).
  • The filing is a passive investment disclosure under Rule 13d-1(b).
  • The stake remains just below the 5% threshold, indicating no change in ownership level.

Financial Impact

No financial impact; stake value approximately $55.5 million based on market cap of $815M and 4.99% ownership.

Risk Factors

  • The stake is just below 5%, and any slight increase could trigger a new disclosure or potential 13D conversion.
  • Recent earnings showed an EPS miss and rising credit costs, which could pressure the stock.
  • The filing is routine and does not indicate any change in investment intent.

Market Snapshot

Exchange
Nasdaq
Sector
State Commercial Banks
Analyst Consensus
0% bullish (10 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
SC 13G/A Filing (Primary)0002100119-26-001622
Document: 0002100119-26-001622-index.html0002100119-26-001622
Document: 0002100119-26-001622.txt0002100119-26-001622
17 reports for IBCP
Performance horizon
100% Hit rate @ T+20 4 of 4 directional calls Went positive at some point 5 of 5 best @ T+60▲ +8.95%Mar 18, 2026
Filters
Rows
Reports for IBCP, sortable and filterable
TypeNow
Oct 30, 2026
2d ago
SC 13G/A
NEUTRAL ★ 2/10
$36.92awaiting T+20awaiting T+20$36.57 (−0.93%)
Oct 27, 2026
5d ago
8-K
BEARISH ★ 5/10
No priceawaiting T+20awaiting T+20No price
Oct 27, 2026
5d ago
Press Release
BEARISH ★ 5/10
$37.13awaiting T+20awaiting T+20$36.57 (+1.51%)
Oct 20, 2026
12d ago
Press Release
NEUTRAL ★ 2/10
$35.99awaiting T+20awaiting T+20$36.57 (+1.61%)
Sep 29, 2026
4w ago
Press Release
NEUTRAL ★ 1/10
$35.24 $37.13▲ +5.36%▲ +4.44%$36.57 (+3.77%)
Jul 27, 2026
13w ago
8-K
NEUTRAL ★ 2/10
$37.58 $36.96▼ −1.65%▼ −4.95%$36.57 (−2.69%)
Jul 23, 2026
14w ago
Press Release
BULLISH ★ 6/10
$36.65 $37.25▲ +1.64%▼ −1.67%$36.57 (−0.22%)
Jul 1, 2026
17w ago
Press Release
NEUTRAL ★ 4/10
$36.70 $38.65▲ +5.31%▲ +7.50%$36.57 (−0.35%)
Jun 18, 2026
19w ago
8-K
NEUTRAL ★ 4/10
$34.19 $36.41▲ +6.49%▲ +6.64%$36.57 (+6.96%)
Jun 12, 2026
20w ago
8-K
BULLISH ★ 5/10
$35.48 $35.88▲ +1.13%▼ −0.65%$36.57 (+3.07%)
Showing 10 of 17

US Market Status

Market Closed · Opens Tue (13h 52m)

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Report published Oct 30, 2026