Independent Bank Corporation

IBCP

US4538386099

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
25.77 ^USD	+0.08%		+2.26%	-0.96%

Apr. 25	Transcript : Independent Bank Corporation, Q1 2024 Earnings Call, Apr 25, 2024
Apr. 25	Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q1 EPS $0.76, vs. Street Est of $0.64	MT

Independent Bank Corporation Reports Earnings Results for the First Quarter Ended March 31, 2021

April 27, 2021 at 07:59 am EDT

Independent Bank Corporation announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net interest income was USD 30.284 million compared to USD 30.191 million a year ago. Net income was USD 22.037 million compared to USD 4.810 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.21 a year ago.

Latest news about Independent Bank Corporation

Transcript : Independent Bank Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q1 EPS $0.76, vs. Street Est of $0.64	Apr. 25	MT
Tranche Update on Independent Bank Corporation's Equity Buyback Plan announced on December 19, 2023.	Apr. 25	CI
Independent Bank Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
North American Morning Briefing : More Tech -2-	Apr. 25	DJ
Independent Bank Corp. Names New Board Chair	Apr. 23	MT
Independent Bank Corporation and Independent Bank Announces Changes to Its Board	Apr. 23	CI
Independent Bank Keeps Quarterly Dividend at $0.24 per Share, Payable May 13 to Shareholders of Record on May 3	Apr. 23	MT
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on May 13, 2024	Apr. 23	CI
Independent Bank Group Q1 Adjusted Net Income, Revenue Fall	Apr. 22	MT
Earnings Flash (IBTX) INDEPENDENT BANK GROUP Reports Q1 EPS $0.58, vs. Street Est of $0.63	Apr. 22	MT
Independent Bank Q1 Earnings, Revenue Decline	Apr. 18	MT
Independent Bank Raises Quarterly Dividend $0.02 to $0.57 a Share, Payable April 5 to Shareholders of Record April 1	Mar. 21	MT
Zalando to Buy Back EUR100 Million Shares for Employee Incentive Programs	Mar. 13	MT
US regional lenders' commercial real estate exposure in spotlight after carnage	Feb. 05	RE
Former Swiss finance minister defends role in Credit Suisse collapse	Feb. 04	RE
Transcript : Independent Bank Corporation, Q4 2023 Earnings Call, Jan 25, 2024	Jan. 25
Tranche Update on Independent Bank Corporation's Equity Buyback Plan announced on December 19, 2023.	Jan. 25	CI
Tranche Update on Independent Bank Corporation's Equity Buyback Plan announced on December 21, 2022.	Jan. 25	CI
Independent Bank Corporation Announces Loan Net Charge-Offs for Fourth Quarter of 2023	Jan. 25	CI
Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q4 EPS $0.65, vs. Street Est of $0.70	Jan. 25	MT
Independent Bank Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 25	CI
North American Morning Briefing :Stock Futures Steady Ahead of GDP Report; More Earnings in Focus Too	Jan. 25	DJ
Independent Bank Raises Quarterly Dividend to $0.24 per Share, Payable Feb. 15 to Shareholders of Record Feb. 5	Jan. 23	MT
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on February 15, 2024	Jan. 23	CI

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Company Profile

Independent Bank Corporation is a bank holding company for Independent Bank (the Bank). The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of 56 branches, two drive-thru facilities, and five Michigan-based loan production offices. It also has one loan production facility in Ohio (Fairlawn). The bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it also provides Internet and mobile banking capabilities to its customers.

Sector

Banks

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Independent Bank Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

25.77 USD

Average target price

27 USD

Spread / Average Target

+4.77%

Consensus

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Quarterly earnings - Rate of surprise

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