Independent Bank Corporation Reports 2024 First 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
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Source: GlobeNewswire
First Quarter Highlights Highlights for the first quarter of 2024 include: Increases in net income and diluted earnings per share of 23.1% and 24.6%, respectively, over first quarter of 2023;An increase in tangible book value per share of $2.50 (15.7%) over the first quarter of 2023;Net growth in core deposits of $95.7 million (or 9.0% annualized) from December 31, 2023;Net growth in loans of $49.1 million (or 5.3% annualized) from December 31, 2023; andThe payment of a 24 cent per share dividend on common stock on February 15, 2024. GRAND RAPIDS, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported first quarter 2024 net income of $16.0 million, or $0.76 per diluted share, versus net income of $13.0 million, or $0.61 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 very pleased with our first quarter 2024 results, driving
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IBCP
News
- Independent Bank Corporation Announces Date for Its Second Quarter 2024 Earnings ReleaseGlobeNewswire
- Independent Bank Co. (NASDAQ: IBCP) was upgraded by analysts at Piper Sandler to a "hold" rating.MarketBeat
- Independent Bank Co. (NASDAQ: IBCP) had its "neutral" rating re-affirmed by analysts at DA Davidson. They now have a $28.00 price target on the stock.MarketBeat
- Independent Bank Corporation Announces Appointment of Stephen L. Gulis, Jr. as Chairperson to Its Board of DirectorsGlobeNewswire
- Independent Bank Corporation Announces Quarterly Cash Dividend on Common StockGlobeNewswire
IBCP
Earnings
- 4/25/24 - Beat
IBCP
Sec Filings
- 6/14/24 - Form 144
- 6/14/24 - Form 4
- 5/31/24 - Form 4
- IBCP's page on the SEC website