Independent Bank Corporation Reports 2019 Second Quarter Results
Independent Bank Corporation (IBCP)
Last independent bank corporation earnings: 4/30 07:59 am
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US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=100319
Company Research
Source: GlobeNewswire
GRAND RAPIDS, Mich., July 25, 2019 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported second quarter 2019 net income of $10.7 million, or $0.46 per diluted share, versus net income of $8.8 million, or $0.36 per diluted share, in the prior-year period. For the six months ended June 30, 2019, the Company reported net income of $20.1 million, or $0.85 per diluted share, compared to net income of $18.0 million, or $0.78 per diluted share, in the prior-year period. The increases in second quarter and year to date 2019 earnings as compared to 2018 primarily reflect an increase in net interest income. Significant items impacting comparable quarterly and year to date 2019 and 2018 results include the following: Changes in the fair value due to price of capitalized mortgage loan servicing rights (the “MSR Changes”) of a negative $2.7 million ($0.09 per diluted share, after taxes) and a negative $4.9 million ($0.16 per
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IBCP
Earnings
- 10/24/24 - Miss
IBCP
Sec Filings
- 11/21/24 - Form 4
- 11/13/24 - Form SCHEDULE
- 11/12/24 - Form 4
- IBCP's page on the SEC website