IBCP Independent Bank Corp. Michigan

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock

GRAND RAPIDS, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 24 cents per share. This dividend is payable on May 13, 2024 to shareholders of record on May 3, 2024.

About Independent Bank Corporation

Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.3 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan's Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments and insurance services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.

For more information, please visit our Web site at: .

Contact:William B. Kessel, President and CEO, 616.447.3933
 Gavin A. Mohr, Chief Financial Officer, 616.447.3929


EN
23/04/2024

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Independent Bank Corporation Reports 2024 First Quarter Results

Independent Bank Corporation Reports 2024 First Quarter Results First Quarter Highlights Highlights for the first quarter of 2024 include: Increases in net income and diluted earnings per share of 23.1% and 24.6%, respectively, over first quarter of 2023;An increase in tangible book value per share of $2.50 (15.7%) over the first quarter of 2023;Net growth in core deposits of $95.7 million (or 9.0% annualized) from December 31, 2023;Net growth in loans of $49.1 million (or 5.3% annualized) from December 31, 2023; andThe payment of a 24 cent per share dividend on common stock on February 1...

April 25, 2024 1 EN
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Independent Bank Corporation Announces Appointment of Stephen L. Gulis...

Independent Bank Corporation Announces Appointment of Stephen L. Gulis, Jr. as Chairperson to Its Board of Directors GRAND RAPIDS, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors appointed Stephen L. Gulis, Jr. as Chairperson to the Boards of the Corporation and the Bank. Mr. Gulis succeeds Mr. Michael M. Magee who served as Chairperson of the Corporation and the Bank since January 1, 2013. Mr. Gulis became a Director of the Boards of Inde...

April 23, 2024 1 EN
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Independent Bank Corporation Announces Quarterly Cash Dividend on Comm...

Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock GRAND RAPIDS, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 24 cents per share. This dividend is payable on May 13, 2024 to shareholders of record on May 3, 2024. About Independent Bank Corporation Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total ass...

April 23, 2024 1 EN
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Independent Bank Corporation Announces Date for Its First Quarter 2024...

Independent Bank Corporation Announces Date for Its First Quarter 2024 Earnings Release GRAND RAPIDS, Mich., April 02, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2024 first quarter results on Thursday, April 25, 2024, at approximately 8:00 am ET. The release will be available on the Internet at within the “News” section of the “Investor Relations” area of the Company’s website. Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Comme...

April 2, 2024 1 EN
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Independent Bank Corporation Reports 2023 Fourth Quarter Results

Independent Bank Corporation Reports 2023 Fourth Quarter Results Fourth Quarter Highlights Highlights for the fourth quarter of 2023 include: An increase in net interest income of $0.7 million (1.7%) over the third quarter of 2023;An increase in book value and tangible book value per share of $1.42 and $1.43 respectively;Net growth in loans of $49.4 million (or 5.2% annualized) from September 30, 2023; andThe payment of a 23 cent per share dividend on common stock on November 13, 2023. GRAND RAPIDS, Mich., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) re...

January 25, 2024 1 EN

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