IBCP vs NEWTH

Comparison between Independent Bank Corporation (Ionia MI) (IBCP, Company) and NewtekOne Inc (NEWTH, Company).

IBCP vs NEWTH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBCP(COMPANY)	NEWTH(COMPANY)
Market Cap	$727M	$728M
Max Drawdown	98.00%	7.91%
Sharpe Ratio	0.52	0.58
5Y Beta	0.75	0.10
Industry	Banks - Regional	N/A
P/E Ratio	10.43	11.04
Forward P/E	12.05	N/A
PEG Ratio	1.58	0.71
Dividend Yield	3.05%	2.95%
5Y Dividends CAGR	5.61%	N/A
5Y EPS CAGR	0.15%	N/A
Debt to Equity	0.00%	136.02%
Free Cash Flow Yield	3.55%	N/A
P/S Ratio	3.23	N/A
P/B Ratio	1.42	N/A

Market Cap

IBCP

$727M

Winner

NEWTH

$728M

Max Drawdown

IBCP

98.00%

Winner

NEWTH

7.91%

Sharpe Ratio

IBCP

0.52

Winner

NEWTH

0.58

5Y Beta

IBCP

0.75

Winner

NEWTH

0.10

Industry

IBCP

Banks - Regional

NEWTH

N/A

P/E Ratio

Winner

IBCP

10.43

NEWTH

11.04

Forward P/E

IBCP

12.05

NEWTH

N/A

PEG Ratio

IBCP

1.58

Winner

NEWTH

0.71

Dividend Yield

Winner

IBCP

3.05%

NEWTH

2.95%

5Y Dividends CAGR

IBCP

5.61%

NEWTH

N/A

5Y EPS CAGR

IBCP

0.15%

NEWTH

N/A

Debt to Equity

Winner

IBCP

0.00%

NEWTH

136.02%

Free Cash Flow Yield

IBCP

3.55%

NEWTH

N/A

P/S Ratio

IBCP

3.23

NEWTH

N/A

P/B Ratio

IBCP

1.42

NEWTH

N/A

IBCP vs NEWTH - Historical Returns

Returns include dividend reinvestment.

Period	IBCP	NEWTH
1 month	+5.75%	-0.16%
3 months	+8.03%	-0.06%
6 months	+3.43%	+1.50%
1 year	+16.81%	+7.36%
5 years(CAGR)	+13.85%	N/A
10 years(CAGR)	+13.05%	N/A
Max(CAGR)	+7.49%	+6.78%

Winner

IBCP

+5.75%

NEWTH

-0.16%

Winner

IBCP

+8.03%

NEWTH

-0.06%

Winner

IBCP

+3.43%

NEWTH

+1.50%

Winner

IBCP

+16.81%

NEWTH

+7.36%

5Y(CAGR)

IBCP

+13.85%

NEWTH

N/A

10Y(CAGR)

IBCP

+13.05%

NEWTH

N/A

Max(CAGR)

Winner

IBCP

+7.49%

NEWTH

+6.78%

IBCP vs NEWTH - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	IBCP	NEWTH
2026	+12.01%	+1.01%
2025	-2.22%	+7.18%
2024	+39.94%	+2.38%
2023	+12.93%	N/A
2022	+2.86%	N/A
2021	+32.60%	N/A
2020	-14.28%	N/A
2019	+9.60%	N/A
2018	-5.62%	N/A
2017	+3.33%	N/A
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 NEWTH Drawdown Comparison

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

The maximum drawdown for NEWTH was -5.48%, occurring on Apr 7, 2025. Recovery took 47 trading sessions.

The current IBCP drawdown is -4.46%. The current NEWTH drawdown is -2.06%.

Rank	IBCP	NEWTH
#1	-97.75% Dec 1, 2005 - Apr 23, 2018	-5.48% Mar 3, 2025 - May 8, 2025
#2	-61.76% Jun 8, 2018 - Mar 12, 2021	-3.84% Feb 20, 2026 - Apr 13, 2026
#3	-36.44% Dec 1, 2022 - Dec 13, 2023	-2.45% Apr 13, 2026 - Apr 17, 2026
#4	-29.16% Jan 14, 2022 - Dec 1, 2022	-2.14% Nov 12, 2024 - Dec 23, 2024
#5	-27.46% Nov 11, 2024 - Apr 4, 2025	-1.70% Dec 26, 2024 - Feb 21, 2025
#6	-20.87% Dec 11, 2003 - Nov 29, 2004	-1.19% May 9, 2025 - Jun 3, 2025
#7	-18.51% Apr 12, 2021 - Nov 5, 2021	-1.07% Nov 17, 2025 - Dec 2, 2025
#8	-18.26% Aug 22, 2001 - Dec 11, 2001	-0.99% Jul 30, 2025 - Oct 6, 2025
#9	-17.08% Jun 14, 2002 - Aug 26, 2002	-0.92% Oct 27, 2025 - Nov 6, 2025
#10	-13.78% Mar 7, 2005 - Jul 28, 2005	-0.87% Feb 4, 2026 - Feb 12, 2026
#11	-13.47% Jan 30, 2024 - Jun 28, 2024	-0.79% Dec 16, 2025 - Jan 2, 2026
#12	-12.84% Oct 1, 2002 - Apr 22, 2003	-0.75% Oct 18, 2024 - Nov 1, 2024
#13	-12.05% May 31, 2001 - Jul 16, 2001	-0.72% Jun 10, 2025 - Jul 2, 2025
#14	-11.89% Jun 4, 2003 - Jul 2, 2003	-0.52% Jan 15, 2026 - Jan 26, 2026
#15	-11.09% Sep 19, 2024 - Nov 6, 2024	-0.52% Sep 19, 2024 - Oct 11, 2024

Correlation

Correlation between IBCP and NEWTH is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.35

-101

Dividend Comparison (2001 - 2026)

IBCP vs NEWTH dividend yield comparison.

Year	IBCP	NEWTH
2026	1.58%	2.14%
2025	3.20%	9.24%
2024	2.76%	0.00%
2023	3.54%	0.00%
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%	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%