IBCP vs GDEN

Comparison between Independent Bank Corporation (Ionia MI) (IBCP, Company) and Golden Entertainment Inc (GDEN, Company).

IBCP is from the Financial Services sector, while GDEN is from the Consumer Cyclical sector.

5-Year PerformanceIBCP has outperformed GDEN, delivering a return of +16.4% compared to +0.6%

IBCP vs GDEN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBCP(COMPANY)	GDEN(COMPANY)
Market Cap	$747M	$748M
Max Drawdown	98.00%	88.99%
Sharpe Ratio	0.60	0.64
5Y Beta	0.73	N/A
Industry	Banks - Regional	Resorts & Casinos
P/E Ratio	10.72	-123.29
Forward P/E	12.05	46.51
PEG Ratio	1.62	N/A
Dividend Yield	2.92%	3.50%
5Y Dividends CAGR	5.61%	N/A
5Y EPS CAGR	0.15%	-45.60%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	3.46%	4.76%
P/S Ratio	3.29	N/A
P/B Ratio	1.46	N/A

Market Cap

IBCP

$747M

Winner

GDEN

$748M

Max Drawdown

IBCP

98.00%

Winner

GDEN

88.99%

Sharpe Ratio

IBCP

0.60

Winner

GDEN

0.64

5Y Beta

IBCP

0.73

GDEN

N/A

Industry

IBCP

Banks - Regional

GDEN

Resorts & Casinos

P/E Ratio

IBCP

10.72

Winner

GDEN

-123.29

Forward P/E

Winner

IBCP

12.05

GDEN

46.51

PEG Ratio

IBCP

1.62

GDEN

N/A

Dividend Yield

IBCP

2.92%

Winner

GDEN

3.50%

5Y Dividends CAGR

IBCP

5.61%

GDEN

N/A

5Y EPS CAGR

Winner

IBCP

0.15%

GDEN

-45.60%

Debt to Equity

IBCP

0.00%

GDEN

0.00%

Free Cash Flow Yield

IBCP

3.46%

Winner

GDEN

4.76%

P/S Ratio

IBCP

3.29

GDEN

N/A

P/B Ratio

IBCP

1.46

GDEN

N/A

IBCP vs GDEN - Historical Returns

Returns include dividend reinvestment.

Period	IBCP	GDEN
1 month	+6.24%	+17.23%
3 months	+5.54%	+17.74%
6 months	+9.28%	+57.83%
1 year	+9.55%	+25.99%
5 years(CAGR)	+16.40%	+0.64%
10 years(CAGR)	+13.14%	+13.11%
Max(CAGR)	+7.57%	+14.70%

IBCP

+6.24%

Winner

GDEN

+17.23%

IBCP

+5.54%

Winner

GDEN

+17.74%

IBCP

+9.28%

Winner

GDEN

+57.83%

IBCP

+9.55%

Winner

GDEN

+25.99%

5Y(CAGR)

Winner

IBCP

+16.40%

GDEN

+0.64%

10Y(CAGR)

Winner

IBCP

+13.14%

GDEN

+13.11%

Max(CAGR)

IBCP

+7.57%

Winner

GDEN

+14.70%

IBCP vs GDEN - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	IBCP	GDEN
2026	+14.95%	+15.71%
2025	-2.22%	-9.27%
2024	+39.94%	-18.69%
2023	+12.93%	+12.27%
2022	+2.86%	-26.28%
2021	+32.60%	+162.36%
2020	-14.28%	+4.74%
2019	+9.60%	+15.23%
2018	-5.62%	-50.26%
2017	+3.33%	+165.66%
2016	+51.39%	+38.66%
2015	+22.89%	+9.06%
2014	+8.49%	N/A
2013	+242.86%	N/A
2012	+157.68%	N/A
2011	-2.21%	N/A
2010	+78.08%	N/A
2009	-67.38%	N/A
2008	-75.62%	N/A
2007	-60.53%	N/A
2006	-7.84%	N/A
2005	+0.96%	N/A
2004	+6.99%	N/A
2003	+57.58%	N/A
2002	+11.75%	N/A
2001	+54.45%	N/A

IBCP vs GDEN Drawdown Comparison

The maximum drawdown for IBCP was -97.75%, occurring on Dec 1, 2009. Recovery took 3117 trading sessions.

The maximum drawdown for GDEN was -88.99%, occurring on Mar 20, 2020. Recovery took 858 trading sessions.

The current IBCP drawdown is -3.55%. The current GDEN drawdown is -39.91%.

Rank	IBCP	GDEN
#1	-97.75% Dec 1, 2005 - Apr 23, 2018	-88.99% Nov 30, 2017 - Apr 30, 2021
#2	-61.76% Jun 8, 2018 - Mar 12, 2021	-62.10% Apr 1, 2022 - Nov 4, 2025
#3	-36.44% Dec 1, 2022 - Dec 13, 2023	-26.24% Jul 27, 2016 - Mar 16, 2017
#4	-29.16% Jan 14, 2022 - Dec 1, 2022	-19.88% Aug 25, 2021 - Feb 15, 2022
#5	-27.46% Nov 11, 2024 - Jul 16, 2026	-16.68% Feb 16, 2022 - Mar 18, 2022
#6	-20.87% Dec 11, 2003 - Nov 29, 2004	-14.16% Aug 6, 2021 - Aug 25, 2021
#7	-18.51% Apr 12, 2021 - Nov 5, 2021	-13.86% Jul 12, 2021 - Aug 6, 2021
#8	-18.26% Aug 22, 2001 - Dec 11, 2001	-12.29% May 10, 2021 - Jun 1, 2021
#9	-17.08% Jun 14, 2002 - Aug 26, 2002	-10.44% May 12, 2017 - Jun 12, 2017
#10	-13.78% Mar 7, 2005 - Jul 28, 2005	-10.04% Dec 4, 2015 - Mar 2, 2016
#11	-13.47% Jan 30, 2024 - Jun 28, 2024	-9.90% Aug 5, 2015 - Nov 5, 2015
#12	-12.84% Oct 1, 2002 - Apr 22, 2003	-7.67% Jun 10, 2016 - Jun 30, 2016
#13	-12.05% May 31, 2001 - Jul 16, 2001	-7.26% Jul 5, 2017 - Aug 17, 2017
#14	-11.89% Jun 4, 2003 - Jul 2, 2003	-7.10% Sep 27, 2017 - Oct 24, 2017
#15	-11.09% Sep 19, 2024 - Nov 6, 2024	-7.08% Mar 17, 2017 - Apr 24, 2017

Correlation

Correlation between IBCP and GDEN is 0.49 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.49

-101

Dividend Comparison (2001 - 2026)

IBCP vs GDEN dividend yield comparison.

Year	IBCP	GDEN
2026	1.54%	10.51%
2025	3.20%	3.68%
2024	2.76%	3.16%
2023	3.54%	5.01%
2022	3.68%	0.00%
2021	3.52%	0.00%
2020	4.33%	0.00%
2019	3.18%	0.00%
2018	2.85%	0.00%
2017	1.88%	0.00%
2016	1.57%	14.12%
2015	1.71%	0.00%
2014	1.38%	0.00%
2009	4.17%	0.00%
2008	15.74%	0.00%
2007	8.74%	0.00%
2005	2.62%	0.00%
2004	1.64%	0.00%
2003	2.52%	0.00%
2002	2.38%	0.00%
2001	2.18%	0.00%