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Stock impact report

Independent Bank Corporation Reports 2026 First Quarter Earnings of $0.81 Per Diluted Share

Independent Bank Corporation (IBCP) 
Last independent bank corporation earnings: 4/30 07:59 am Check Earnings Report
Company Research Source: GlobeNewswire
GRAND RAPIDS, Mich., April 23, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported first quarter 2026 net income of $16.9 million, or $0.81 per diluted share, versus net income of $15.6 million, or $0.74 per diluted share, in the prior-year period. Highlights for the first quarter of 2026 include: A net interest margin of 3.65% (three basis point increase from the linked quarter);Increase in net interest income of $0.5 million (or 1.1% ) over the fourth quarter of 2025;Increase in tangible common equity per share of common stock of $0.33 (or 5.9% annualized) from December 31, 2025;A return on average assets and a return on average equity of 1.24% and 13.43%, respectively;Net growth in total deposits, less brokered time deposits, of $80.4 million (or 6.9% annualized) from December 31, 2025;Net growth in loans of $31.8 million (or 3.0% annualized) from December 31, 2025;An increase in the tangible common equity ratio to 8.7%; andThe payment of a $0.28 per s Show less Read more
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