Independent Bank Corporation (IBCP) vs PRA Group, Inc. (PRAA)
A side-by-side comparison of Independent Bank Corporation and PRA Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — IBCP vs PRAA
growth of $100 · dividends reinvested · last 10yIBCP vs PRAA: by the numbers
- •PRAA is the larger company ($759M vs $739M market cap).
- •IBCP is profitable (22.71% net margin) while PRAA runs a net loss (-19.43%).
- •IBCP grew revenue faster over the past five years (7.43% vs 4.06% CAGR).
- •IBCP pays a dividend (3.06% yield), while PRAA is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | IBCP | PRAA |
|---|---|---|
| P/E ratio | 10.42 | N/A |
| Forward P/E | 10.06 | 5.94 |
| PEG ratio | 1.98 | N/A |
| P/S ratio | 2.34 | 0.56 |
| P/B ratio | 1.40 | 0.73 |
Profitability
| Metric | IBCP | PRAA |
|---|---|---|
| Operating margin | 26.72% | 38.59% |
| Net margin | 22.71% | -19.43% |
| ROE | 13.58% | -25.35% |
Independent Bank Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
PRA Group, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | IBCP | PRAA |
|---|---|---|
| Dividend yield | 3.06% | N/A |
| Payout ratio | 31.98% | N/A |
Growth (annualized)
| Metric | IBCP | PRAA |
|---|---|---|
| Revenue CAGR (5Y) | 7.43% | 4.06% |
| EPS CAGR (5Y) | 5.21% | N/A |
| Total return CAGR (5Y) | 14.52% | -14.45% |
Frequently asked
- Which has grown faster, IBCP or PRAA?
- Over the past five years, IBCP grew revenue faster — IBCP at a 7.43% CAGR versus PRAA at 4.06%.
- Does IBCP or PRAA pay a bigger dividend?
- IBCP pays a dividend (3.06% yield), while PRAA is a former payer with no current dividend run rate.
- Is IBCP or PRAA more profitable?
- IBCP runs the higher net margin — IBCP at 22.71% versus PRAA at -19.43%.
- How have IBCP and PRAA total returns compared?
- Over the past 10 years, IBCP delivered 11.85% and PRAA delivered -5.67% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Independent Bank & PRA appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.