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Stock impact report

Independent Bank Corporation Reports 2025 Third Quarter Results

Independent Bank Corporation (IBCP) 
Last independent bank corporation earnings: 4/30 07:59 am Check Earnings Report
Company Research Source: GlobeNewswire
Third Quarter Highlights Highlights for the third quarter of 2025 include: Increase in net interest income of $0.7 million (or 1.7%) over the second quarter of 2025;Increase in tangible common equity per share of common stock of $1.06 (or 20.0% annualized) from June 30, 2025;Net growth in total deposits, less brokered time deposits of $148.2 million (or 13.0% annualized) from June 30, 2025;Net growth in loans of $33.9 million (or 3.2% annualized) from June 30, 2025; andThe payment of a 26 cent per share dividend on common stock on August 15, 2025. GRAND RAPIDS, Mich., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported third quarter 2025 net income of $17.5 million, or $0.84 per diluted share, versus net income of $13.8 million, or $0.65 per diluted share, in the prior-year period. William B. (“Brad”) Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: “I am proud of our team’s performance and p Show less Read more
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