IBCP vs MTA

Comparison between Independent Bank Corporation (Ionia MI) (IBCP, Company) and Metalla Royalty and Streaming Ltd (MTA, Company).

IBCP is from the Financial Services sector, while MTA is from the Basic Materials sector.

5-Year PerformanceIBCP has outperformed MTA, delivering a return of +17.1% compared to -0.2%

IBCP vs MTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBCP(COMPANY)	MTA(COMPANY)
Market Cap	$741M	$742M
Max Drawdown	98.00%	81.83%
Sharpe Ratio	0.40	1.37
5Y Beta	0.73	1.17
Industry	Banks - Regional	Other Precious Metals & Mining
P/E Ratio	10.64	-286.50
Forward P/E	12.05	38.17
PEG Ratio	1.61	N/A
Dividend Yield	2.90%	N/A
5Y Dividends CAGR	5.61%	-6.16%
5Y EPS CAGR	0.15%	-27.61%
Debt to Equity	0.00%	4.84%
Free Cash Flow Yield	3.48%	-0.01%
P/S Ratio	3.30	N/A
P/B Ratio	1.47	N/A

Market Cap

IBCP

$741M

Winner

MTA

$742M

Max Drawdown

IBCP

98.00%

Winner

MTA

81.83%

Sharpe Ratio

IBCP

0.40

Winner

MTA

1.37

5Y Beta

Winner

IBCP

0.73

MTA

1.17

Industry

IBCP

Banks - Regional

MTA

Other Precious Metals & Mining

P/E Ratio

IBCP

10.64

Winner

MTA

-286.50

Forward P/E

Winner

IBCP

12.05

MTA

38.17

PEG Ratio

IBCP

1.61

MTA

N/A

Dividend Yield

IBCP

2.90%

MTA

N/A

5Y Dividends CAGR

Winner

IBCP

5.61%

MTA

-6.16%

5Y EPS CAGR

Winner

IBCP

0.15%

MTA

-27.61%

Debt to Equity

Winner

IBCP

0.00%

MTA

4.84%

Free Cash Flow Yield

Winner

IBCP

3.48%

MTA

-0.01%

P/S Ratio

IBCP

3.30

MTA

N/A

P/B Ratio

IBCP

1.47

MTA

N/A

IBCP vs MTA - Historical Returns

Returns include dividend reinvestment.

Period	IBCP	MTA
1 month	+4.09%	+8.00%
3 months	+10.99%	+11.67%
6 months	+7.32%	-9.68%
1 year	+10.82%	+76.22%
5 years(CAGR)	+17.10%	-0.22%
10 years(CAGR)	+13.19%	+17.09%
Max(CAGR)	+7.60%	+17.09%

IBCP

+4.09%

Winner

MTA

+8.00%

IBCP

+10.99%

Winner

MTA

+11.67%

Winner

IBCP

+7.32%

MTA

-9.68%

IBCP

+10.82%

Winner

MTA

+76.22%

5Y(CAGR)

Winner

IBCP

+17.10%

MTA

-0.22%

10Y(CAGR)

IBCP

+13.19%

Winner

MTA

+17.09%

Max(CAGR)

IBCP

+7.60%

Winner

MTA

+17.09%

IBCP vs MTA - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	IBCP	MTA
2026	+15.71%	-2.45%
2025	-2.22%	+184.98%
2024	+39.94%	-16.33%
2023	+12.93%	-37.47%
2022	+2.86%	-29.15%
2021	+32.60%	-45.17%
2020	-14.28%	+116.71%
2019	+9.60%	+116.73%
2018	-5.62%	+16.17%
2017	+3.33%	+6.75%
2016	+51.39%	N/A
2015	+22.89%	N/A
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 MTA Drawdown Comparison

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

The maximum drawdown for MTA was -81.73%, occurring on Feb 23, 2024. This drawdown has not yet recovered.

The current IBCP drawdown is -2.91%. The current MTA drawdown is -42.22%.

Rank	IBCP	MTA
#1	-97.75% Dec 1, 2005 - Apr 23, 2018	-81.73% Jan 14, 2021 - Feb 23, 2024
#2	-61.76% Jun 8, 2018 - Mar 12, 2021	-45.54% Feb 3, 2020 - Jul 27, 2020
#3	-36.44% Dec 1, 2022 - Dec 13, 2023	-33.82% Mar 25, 2019 - Sep 24, 2019
#4	-29.16% Jan 14, 2022 - Dec 1, 2022	-29.53% Apr 20, 2018 - Jan 28, 2019
#5	-27.46% Nov 11, 2024 - Jul 16, 2026	-25.08% Aug 10, 2020 - Dec 8, 2020
#6	-20.87% Dec 11, 2003 - Nov 29, 2004	-23.33% Jan 5, 2018 - Mar 26, 2018
#7	-18.51% Apr 12, 2021 - Nov 5, 2021	-17.67% Oct 3, 2017 - Dec 27, 2017
#8	-18.26% Aug 22, 2001 - Dec 11, 2001	-13.17% Jan 16, 2020 - Feb 3, 2020
#9	-17.08% Jun 14, 2002 - Aug 26, 2002	-11.93% Dec 19, 2019 - Jan 2, 2020
#10	-13.78% Mar 7, 2005 - Jul 28, 2005	-11.82% Nov 1, 2019 - Dec 10, 2019
#11	-13.47% Jan 30, 2024 - Jun 28, 2024	-11.31% Feb 26, 2019 - Mar 8, 2019
#12	-12.84% Oct 1, 2002 - Apr 22, 2003	-11.22% Jan 7, 2021 - Jan 14, 2021
#13	-12.05% May 31, 2001 - Jul 16, 2001	-11.00% Sep 27, 2017 - Oct 3, 2017
#14	-11.89% Jun 4, 2003 - Jul 2, 2003	-10.92% Apr 10, 2018 - Apr 20, 2018
#15	-11.09% Sep 19, 2024 - Nov 6, 2024	-8.27% Jan 6, 2020 - Jan 16, 2020

Correlation

Correlation between IBCP and MTA is -0.01 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.01

-101

Dividend Comparison (2001 - 2026)

IBCP vs MTA dividend yield comparison.

Year	IBCP	MTA
2026	1.53%	0.00%
2025	3.20%	0.00%
2024	2.76%	0.00%
2023	3.54%	0.75%
2022	3.68%	0.00%
2021	3.52%	0.00%
2020	4.33%	0.10%
2019	3.18%	0.77%
2018	2.85%	2.17%
2017	1.88%	0.00%
2016	1.57%	0.00%
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%