Stefanie Kimball - Independent Bank Chief Risk Officer and Executive VP
| IBCP Stock | USD 37.69 0.11 0.29% |
EVP
Ms. Stefanie M. Kimball is Executive Vice President, Chief Risk Officer of Independent Bank Corporationrationration. Prior to such designation, Ms. Kimball served as Executive Vice President and Chief Lending Officer of the bank. Prior to joining Independent Bank, she had been with Comerica Incorporated for 25 years, serving as a Senior Vice President for 10 years. Ms. Kimball held several notable positions during her Comerica tenure including Senior Credit Officer responsible for lending businesses to Middle Market, Small Business, Private Banking as well as Consumer Lending. In addition she assumed the role of Senior Vice President, Credit Risk Management and was responsible for design and implementation of the banks Basel credit risk initiatives. Ms. Kimball received her undergraduate degree from Oakland University and her MBA from the University of Detroit since 2012.
| Age | 64 |
| Tenure | 12 years |
| Professional Marks | MBA |
| Address | 4200 East Beltline, Grand Rapids, MI, United States, 49525 |
| Phone | 616 527 5820 |
| Web | https://www.independentbank.com |
Stefanie Kimball Latest Insider Activity
Tracking and analyzing the buying and selling activities of Stefanie Kimball against Independent Bank stock is an integral part of due diligence when investing in Independent Bank. Stefanie Kimball insider activity provides valuable insight into whether Independent Bank is net buyers or sellers over its current business cycle. Note, Independent Bank insiders must abide by specific rules, including filing SEC forms every time they buy or sell Independent Bank'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Stefanie Kimball over six months ago Disposition of tradable shares by Stefanie Kimball of Independent Bank at 24.48 subject to Rule 16b-3 |
Independent Bank Management Efficiency
The company has return on total asset (ROA) of 0.0119 % which means that it generated a profit of $0.0119 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1501 %, meaning that it created $0.1501 on every $100 dollars invested by stockholders. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/03/2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.03. As of 12/03/2024, Liabilities And Stockholders Equity is likely to grow to about 5.5 B. Also, Total Current Liabilities is likely to grow to about 2.8 BSimilar Executives
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| Bryan McDonald | Heritage Financial | 52 | |
| Darren Guidry | Home Bancorp | 61 | |
| Keith Houghton | HomeTrust Bancshares | 61 | |
Management Performance
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0119 |
Independent Bank Leadership Team
Elected by the shareholders, the Independent Bank's board of directors comprises two types of representatives: Independent Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Independent. The board's role is to monitor Independent Bank's management team and ensure that shareholders' interests are well served. Independent Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Independent Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| CPA CPA, CEO Pres | ||
| Mark Olsen, VP Mang | ||
| Patrick Ervin, Executive Vice President - Mortgage Banking | ||
| Larry Daniel, Executive Vice President - Operations and Digital Banking | ||
| Keith Lightbody, Officer Bank | ||
| Gavin Mohr, Executive CFO | ||
| Stefanie Kimball, Chief Risk Officer and Executive VP | ||
| Laurinda Neve, Senior Resources | ||
| Joel Rahn, Executive Officer | ||
| William CPA, CEO President | ||
| Darcy Benjamin, Accounting Officer | ||
| James Twarozynski, Senior Vice President Controller |
Independent Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Independent Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0119 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.36 % | ||||
| Current Valuation | 739.48 M | ||||
| Shares Outstanding | 20.89 M | ||||
| Shares Owned By Insiders | 4.55 % | ||||
| Shares Owned By Institutions | 86.00 % | ||||
| Number Of Shares Shorted | 208.89 K | ||||
| Price To Earning | 7.38 X |
Pair Trading with Independent Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Independent Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Independent Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Independent Stock
Moving against Independent Stock
| 0.61 | CFG-PE | Citizens Financial | PairCorr |
| 0.52 | TFC-PO | Truist Financial | PairCorr |
| 0.52 | TFC-PR | Truist Financial | PairCorr |
The ability to find closely correlated positions to Independent Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Independent Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Independent Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Independent Bank to buy it.
The correlation of Independent Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Independent Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Independent Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Independent Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Independent Stock Analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.