A director at Independent Bank Corp Mi sold 6,404 shares at 31.001USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
Independent Bank Corporation Reports 2025 First Quarter Results First Quarter Highlights Highlights for the first quarter of 2025 include: Increase in net interest income of $0.8 million (or 1.9% ) over the fourth quarter of 2024;Increase in tangible book value per share of $2.43 (13.2%) from March 31, 2024;Net growth in core deposits of $9.1 million (or 0.8% annualized) from December 31, 2024;Net growth in loans of $33.9 million (or 3.4% annualized) from December 31, 2024; andThe payment of a 26 cent per share dividend on common stock on February 14, 2025. GRAND RAPIDS, Mich., April 24...
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock GRAND RAPIDS, Mich., April 22, 2025 (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 26 cents per share. This dividend is payable on May 15, 2025, to shareholders of record on May 5, 2025. About Independent Bank Corporation Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total as...
Independent Bank Corporation Announces Date for Its First Quarter 2025 Earnings Release GRAND RAPIDS, Mich., March 28, 2025 (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 2025 first quarter results on Thursday, April 24, 2025, 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...
Independent Bank Corporation Reports 2024 Fourth Quarter Results Fourth Quarter Highlights Highlights for the fourth quarter of 2024 include: An increase in net interest income of $1.0 million (2.4%) over the third quarter of 2024;A net interest margin of 3.45% (eight basis point increase from the linked quarter)A return on average assets and a return on average equity of 1.39% and 16.31%, respectively;Net growth in loans of $96.5 million (or 9.7% annualized) from September 30, 2024; andThe payment of a 24 cent per share dividend on common stock on November 15, 2024. GRAND RAPIDS, Mich.,...
Independent Bank Corporation Announces 8% Increase in Quarterly Cash Dividend on Common Stock GRAND RAPIDS, Mich., Jan. 10, 2025 (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 26 cents per share. This dividend is payable on February 14, 2025, to shareholders of record on February 4, 2025. The quarterly dividend represents an 8% increase over the quarterly dividend rate paid for each quarter in 2024...
Independent Bank Corporation Announces Appointment of New Chief Operating Officer GRAND RAPIDS, Mich., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that Christopher Michaels has been appointed as the organization’s new Chief Operating Officer, effective January 2, 2025. William B. (Brad) Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: “Chris is a proven leader with a deep understanding of our business with a successful track r...
UPDATE -- Independent Bank Corporation Announces Date for its Fourth Quarter 2024 Earnings Release GRAND RAPIDS, Mich., Dec. 23, 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 fourth quarter results on Thursday, January 23, 2025, 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 R...
Independent Bank Corporation Announces Date for its Fourth Quarter 2024 Earnings Release GRAND RAPIDS, Mich., Dec. 20, 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 fourth quarter results on Thursday, January 23, 2025, 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...
Independent Bank Corporation Announces the Adoption of its 2025 Share Repurchase Plan GRAND RAPIDS, Mich., Dec. 17, 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 authorized a 2025 share repurchase plan on December 17, 2024. Under the terms of the 2025 share repurchase plan, the Company is authorized to buy back up to 1,100,000 shares, representing approximately 5% of its common stock. The 2025 share repurchase plan is authorized to last through December 3...
Independent Bank Corporation Reports 2024 Third Quarter Results Third Quarter Highlights Highlights for the third quarter of 2024 include: Increases in net interest income of $0.5 million (or 4.9% annualized) from June 30, 2024;An increase in tangible book value per share of $3.69 (22.3%) over the third quarter of 2023;Net growth in core deposits of $100.1 million (or 8.9% annualized) from June 30, 2024;Net growth in loans of $90.4 million (or 9.3% annualized) from June 30, 2024; andThe payment of a 24 cent per share dividend on common stock on August 15, 2024. GRAND RAPIDS, Mich., Oct. ...
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock GRAND RAPIDS, Mich., Oct. 22, 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 November 15, 2024 to shareholders of record on November 5, 2024. About Independent Bank Corporation Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with ...
Independent Bank Corporation Announces Date for Its Third Quarter 2024 Earnings Release GRAND RAPIDS, Mich., Sept. 23, 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 third quarter results on Thursday, October 24, 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 C...
Independent Bank Corporation Reports 2024 Second Quarter Results Second Quarter Highlights Highlights for the second quarter of 2024 include: Increases in net income and diluted earnings per share of 25.3% and 25.7%, respectively, over second quarter of 2023;An increase in tangible book value per share of $2.71 (16.5%) over the second quarter of 2023;Net growth in core deposits of $53.3 million (or 4.8% annualized) from March 31, 2024;Net growth in loans of $11.9 million (or 1.2% annualized) from March 31, 2024; andThe payment of a 24 cent per share dividend on common stock on May 13,...
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock GRAND RAPIDS, Mich., July 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 August 15, 2024 to shareholders of record on August 5, 2024. About Independent Bank Corporation Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with tota...
Independent Bank Corporation Announces Date for Its Second Quarter 2024 Earnings Release GRAND RAPIDS, Mich., June 28, 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 second quarter results on Thursday, July 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 Com...
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...
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...
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...
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...
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