Compare · IBCP vs MFG
IBCP vs MFG
Side-by-side comparison of Independent Bank Corporation (IBCP) and Mizuho Financial Group Inc. Sponosred ADR (Japan) (MFG): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both IBCP and MFG operate in Major Banks (Finance), so they compete in similar markets.
- MFG is the larger of the two at $120.24B, about 165.7x IBCP ($725.5M).
- Over the past year, IBCP is up 11.8% and MFG is up 73.2% - MFG leads by 61.5 points.
- MFG has been more active in the news (11 items in the past 4 weeks vs 5 for IBCP).
- MFG has more recent analyst coverage (4 ratings vs 2 for IBCP).
Independent Bank Corporation
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Mizuho Financial Group Inc. Sponosred ADR (Japan)
Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through five segments: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company. The company provides deposit products; syndicated, housing, and card loans; business matching services; and advisory services related to overseas expansions, and mergers and acquisitions-related services. It also offers consulting services, including asset management and asset succession; payroll services; and sells lottery tickets issued by prefectures and ordinance-designated cities. In addition, it offers financial solutions, such as fund management, underwriting of equity and bonds, M&A advisory, and risk hedging products, etc. for corporate customers to meet their needs in fund-raising, investment management, and financial strategies; solutions based on their capital management, business strategy, and financial strategy; solutions related to real estate; advisory services and solutions, such as advice on proposals on various investment products; and financial services that include funding support. Further, the company offers sales and trading services to meet risk hedging and investment needs; investment products for individual customers; and consulting services for institutional investors. Additionally, the company provides products and services related to trust, securitization and structured finance, pension, and stock transfers; securities services; and research, private banking, and information technology-related services. As of March 31, 2020, its branch network included 464 Mizuho Bank, 60 Mizuho Trust and Banking, and 256 Mizuho Securities; and 7,200 automated teller machines in Japan. The company was founded in 2003 and is headquartered in Tokyo, Japan.
Latest IBCP
- Executive Vice President Ervin Patrick J sold $88,505 worth of shares (2,500 units at $35.40), decreasing direct ownership by 7% to 34,720 units (SEC Form 4)
- Executive Vice President Kimball Stefanie M sold $48,181 worth of shares (1,400 units at $34.41), decreasing direct ownership by 2% to 64,327 units (SEC Form 4)
- SEC Form 424B3 filed by Independent Bank Corporation
- SEC Form EFFECT filed by Independent Bank Corporation
- Amendment: SEC Form S-4/A filed by Independent Bank Corporation
- SEC Form 10-Q filed by Independent Bank Corporation
- SEC Form S-4 filed by Independent Bank Corporation
- Independent Bank Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Independent Bank Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
- Independent Bank Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
Latest MFG
- Group Chief Governance Officer Kurosawa Tatsuya converted options into 719 shares and returned $3,742,010 worth of shares to the company (288 units at $12,993.09), increasing direct ownership by 10% to 4,536 units (SEC Form 4)
- Officer Komatsu Minori converted options into 659 shares and returned $3,144,330 worth of shares to the company (264 units at $11,910.34) (SEC Form 4)
- Group Chief Strategy Officer Koyama Takeshi converted options into 1,048 shares and returned $7,958,269 worth of shares to the company (420 units at $18,948.26), increasing direct ownership by 7% to 9,612 units (SEC Form 4)
- Group Chief Compliance Officer Akamatsu Fusae converted options into 778 shares and returned $4,391,665 worth of shares to the company (312 units at $14,075.85) (SEC Form 4)
- Group Chief Financial Officer Samejima Makoto returned $20,984,028 worth of shares to the company (682 units at $30,768.37) and converted options into 1,703 shares, increasing direct ownership by 32% to 4,211 units (SEC Form 4)
- SEC Form 6-K filed by Mizuho Financial Group Inc. Sponosred ADR (Japan)
- Amendment: SEC Form 6-K/A filed by Mizuho Financial Group Inc. Sponosred ADR (Japan)
- SEC Form 6-K filed by Mizuho Financial Group Inc. Sponosred ADR (Japan)
- SEC Form 6-K filed by Mizuho Financial Group Inc. Sponosred ADR (Japan)
- SEC Form 6-K filed by Mizuho Financial Group Inc. Sponosred ADR (Japan)