Independent Bank Corporation (IBCP) Q1 2025 Earnings Call Transcript |
Independent Bank Corporation (NASDAQ:IBCP ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Brad Kessel - President & Chief Executive Officer Joel Rahn - Executive President, Commercial Banking Gavin Mohr - Executive Vice President & Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Peter Winter - D.A. Davidson Damon DelMonte - KBW Nathan Race - Piper Sandler Operator Hello everyone and welcome to the Independent Bank Corporation Reports 2025 First Quarter Results. |
seekingalpha.com |
2025-04-24 19:23:35 |
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Here's What Key Metrics Tell Us About Independent Bank (IBCP) Q1 Earnings |
While the top- and bottom-line numbers for Independent Bank (IBCP) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-04-24 15:00:40 |
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Independent Bank (IBCP) Beats Q1 Earnings Estimates |
Independent Bank (IBCP) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.76 per share a year ago. |
zacks.com |
2025-04-24 14:15:32 |
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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. |
globenewswire.com |
2025-04-22 15:00:00 |
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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 IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website. |
globenewswire.com |
2025-03-28 16:24:00 |
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Best Value Stocks to Buy for March 13th |
ENS, IBCP and MRX made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 13, 2025. |
zacks.com |
2025-03-13 07:21:05 |
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New Strong Buy Stocks for March 4th |
OPCH, LMAT, C, FFIN and IBCP have been added to the Zacks Rank #1 (Strong Buy) List on March 4, 2025. |
zacks.com |
2025-03-04 09:15:41 |
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Best Income Stocks to Buy for March 4th |
IBCP, FFIN and C made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 4, 2025. |
zacks.com |
2025-03-04 07:15:19 |
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Why Independent Bank (IBCP) is a Great Dividend Stock Right Now |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? |
zacks.com |
2025-02-21 14:50:18 |
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Why Independent Bank (IBCP) is a Top Dividend Stock for Your Portfolio |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? |
zacks.com |
2025-02-05 14:45:30 |
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16 Upcoming Dividend Increases |
Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth. |
seekingalpha.com |
2025-01-31 15:54:14 |
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Independent Bank (IBCP) Moves to Strong Buy: Rationale Behind the Upgrade |
Independent Bank (IBCP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). |
zacks.com |
2025-01-30 15:05:22 |
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Independent Bank: A Solid Bank But Not Cheap Enough |
Independent Bank Corporation had a stellar 2024 with a 36% price return, but 2025 looks more challenging with moderate loan growth. Deposits increased to $4.70 billion, with a reduced cost of funds, while the loan portfolio is expected to grow by 5-6% in 2025. Despite strong fundamentals and low non-performing loans, IBCP stock's current price lacks a sufficient margin of safety, trading 25% above its 10-year average Price/TBV per share. |
seekingalpha.com |
2025-01-28 22:28:36 |
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Independent Bank Corporation (IBCP) Q4 2024 Earnings Call Transcript |
Independent Bank Corporation (NASDAQ:IBCP ) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants Brad Kessel - President and Chief Executive Officer Joel Rahn - Executive President, Commercial Banking Gavin Mohr - Executive President, Head of Commercial Banking Conference Call Participants Adam Kroll - Piper Sandler Brendan Nosal - Hovde Group Matt Renck - KBW Operator Hello everyone, and welcome to the Independent Bank Corporation Reports 2024 Fourth Quarter Results. My name is Ezra and I will be your coordinator today. |
seekingalpha.com |
2025-01-23 21:39:50 |
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Independent Bank (IBCP) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates |
While the top- and bottom-line numbers for Independent Bank (IBCP) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-01-23 13:01:04 |
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Independent Bank (IBCP) Tops Q4 Earnings and Revenue Estimates |
Independent Bank (IBCP) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.79 per share a year ago. |
zacks.com |
2025-01-23 12:10:26 |
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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; and The payment of a 24 cent per share dividend on common stock on November 15, 2024. GRAND RAPIDS, Mich. |
globenewswire.com |
2025-01-23 09:59:00 |
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Stay Ahead of the Game With Independent Bank (IBCP) Q4 Earnings: Wall Street's Insights on Key Metrics |
Get a deeper insight into the potential performance of Independent Bank (IBCP) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2025-01-20 12:21:34 |
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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. |
globenewswire.com |
2025-01-10 11:16:00 |
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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. |
globenewswire.com |
2025-01-02 14:00:00 |
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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 IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website. |
globenewswire.com |
2024-12-23 16:27:00 |
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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 IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website. |
globenewswire.com |
2024-12-20 18:19:00 |
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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 31, 2025. |
globenewswire.com |
2024-12-17 14:41:00 |
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Independent Bank: Fairly Valued With A Stable Earnings Outlook |
Independent Bank's efforts to boost loan growth will likely compensate for a sub-optimal operating environment in Michigan. The net interest margin could slip further because of interest rate cuts. I've slightly raised my earnings estimate for 2024, as most income statement line items have slightly outperformed my expectations. |
seekingalpha.com |
2024-10-28 23:16:06 |
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Independent Bank Corporation (IBCP) Q3 2024 Earnings Call Transcript |
Independent Bank Corporation (NASDAQ:IBCP ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Brad Kessel - President & Chief Executive Officer Joel Rahn - Executive President & Head of Commercial Banking Gavin Mohr - Executive Vice President & Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Peter Winter - D.A. Davidson Adam Kroll - Piper Sandler Matt Renck - KBW John Rodis - Janney Operator Hello everyone, and welcome to the Independent Bank Corporation Reports 2024 Third Quarter Results. |
seekingalpha.com |
2024-10-24 18:13:01 |
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Independent Bank (IBCP) Reports Q3 Earnings: What Key Metrics Have to Say |
While the top- and bottom-line numbers for Independent Bank (IBCP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-10-24 16:06:30 |
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Independent Bank (IBCP) Misses Q3 Earnings and Revenue Estimates |
Independent Bank (IBCP) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.83 per share a year ago. |
zacks.com |
2024-10-24 14:16:17 |
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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; and The payment of a 24 cent per share dividend on common stock on August 15, 2024. GRAND RAPIDS, Mich. |
globenewswire.com |
2024-10-24 11:59:00 |
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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. |
globenewswire.com |
2024-10-22 14:03:00 |
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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 IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website. |
globenewswire.com |
2024-09-23 16:51:00 |
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New Strong Buy Stocks for August 2nd |
SVM, IBCP, TMDX, WT and YELP have been added to the Zacks Rank #1 (Strong Buy) List on August 2, 2024. |
zacks.com |
2024-08-02 12:22:08 |
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Best Value Stocks to Buy for August 2nd |
IBCP, BTE, and SVM made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 2, 2024. |
zacks.com |
2024-08-02 09:06:59 |
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Independent Bank (IBCP) Surpasses Q2 Earnings and Revenue Estimates |
Independent Bank (IBCP) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.70 per share a year ago. |
zacks.com |
2024-07-25 14:11:27 |
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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. |
globenewswire.com |
2024-07-23 14:29:00 |
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Independent Bank (IBCP) is a Top Dividend Stock Right Now: Should You Buy? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? |
zacks.com |
2024-07-22 16:45:50 |
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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 IndependentBank.com within the “News” section of the “Investor Relations” area of the Company's website. |
globenewswire.com |
2024-06-28 16:26:00 |
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Independent Bank (IBCP) Could Be a Great Choice |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? |
zacks.com |
2024-06-19 16:45:27 |
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Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? |
zacks.com |
2024-06-03 16:46:06 |
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Why Independent Bank (IBCP) is a Great Dividend Stock Right Now |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes? |
zacks.com |
2024-05-17 16:46:12 |
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