MARKET

IBCP

IBCP

Independent Bk Corp Mich
NASDAQ
25.17
+0.05
+0.20%
After Hours: 25.17 0 0.00% 16:20 04/25 EDT
OPEN
25.66
PREV CLOSE
25.12
HIGH
25.67
LOW
24.99
VOLUME
153.69K
TURNOVER
0
52 WEEK HIGH
27.39
52 WEEK LOW
14.43
MARKET CAP
526.19M
P/E (TTM)
9.02
1D
5D
1M
3M
1Y
5Y
Independent Bank GAAP EPS of $0.76 beats by $0.12, revenue of $52.76M beats by $12.52M
Independent Bank Corporation (IBCP) reports Q1 GAAP EPS of $0.76, revenue of $52.76M beats by $12.52M. The bank posted a 7.7% year-over-year increase in revenue. Independent Bank is a subsidiary of Independent Bank Corporation.
Seeking Alpha · 11h ago
Independent Bank Q1 2024 GAAP EPS $0.76 Beats $0.64 Estimate, Sales $40.197M Miss $40.279M Estimate
Independent Bank reported quarterly earnings of $0.76 per share. The company reported quarterly sales of $40.197 million. Independent Bank beat the analyst consensus estimate by 18.75 percent. The bank's quarterly sales were up 4.57 percent from the same period last year.
Benzinga · 11h ago
INDEPENDENT BANK CORPORATION REPORTS 2024 FIRST QUARTER RESULTS
Reuters · 11h ago
INDEPENDENT BANK MICHIGAN Q1 NET INCOME USD 16 MILLION
Reuters · 11h ago
*Independent Bank MI 1Q EPS 76c >IBCP
Dow Jones · 11h ago
*Independent Bank MI 1Q Net $16M >IBCP
Dow Jones · 11h ago
Press Release: Independent Bank Corporation -4-
Independent Bank Corporation believes non-GAAP measures are meaningful because they reflect the adequacy of common equity and performance trends. March 31, 2024 are Preliminary. The Company's net income for the three months ended March 31 was $3.7 million. The Company reported a net income of $1.2 million.
Dow Jones · 11h ago
Press Release: Independent Bank Corporation Reports 2024 First Quarter Results
Independent Bank Corporation Reports 2024 First Quarter Results. Independent Bank Corporation reported first quarter 2024 net income of 23.1% and diluted earnings per share of 24.6%. The Company's net interest margin increased to 3.30% in the first quarter of 2024. The Company paid a 24 cent per share dividend to shareholders.
Dow Jones · 11h ago
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About IBCP
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.

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