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0 0 0.0278213166144201 0.018025078369906 -0.00901253918495286 -0.0427115987460815 -0.0382053291536049 -0.0358542319749216
Stock impact report

Independent Bank Corp (Ionia MI) Reports Modest Earnings Amid Economic Challenges [Yahoo! Finance]

Independent Bank Corporation (IBCP) 
Last independent bank corporation earnings: 4/30 07:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
Dividend : Paid a 23 cent per share dividend on common stock on November 13, 2023. Net Income : Q4 net income of $13.7 million, down from $15.1 million in the same period last year. Book Value : Increase in book value and tangible book value per share of $1.42 and $1.43 respectively. Asset Quality : Strong asset quality metrics with a small release of loan loss reserves. Share Repurchase : Authorized repurchase of up to 1,100,000 shares under the 2024 share repurchase plan. Warning! GuruFocus has detected 2 Warning Sign with FRME. On January 25, 2024, Independent Bank Corp (Ionia MI) ( NASDAQ:IBCP ) released its 8-K filing , detailing the financial results for the fourth quarter of 2023. The bank, which offers a comprehensive range of banking services, including commercial lending and mortgage lending, reported a net income of $13.7 million, or $0.65 per diluted share, a decrease from the $15.1 million, or $0.71 per diluted share, reported in the prior-year period. Despit Show less Read more
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