Independent Bank Corporation

IBCP

US4538386099

Banks

Market Closed - Nasdaq Other stock markets 01:30:00 18/07/2024 am IST			5-day change	1st Jan Change
31.88 ^USD	+2.08%		+18.42%	+22.52%

20/06	Independent Bank Keeps Quarterly Dividend at $0.57 a Share, Payable July 8 to Holders of Record July 1	MT
20/05	Sector Update: Financial Stocks Easing Monday Afternoon	MT

Independent Bank Corporation announces an Equity Buyback for 5% of its issued share capital.

January 30, 2018 at 06:37 pm IST

Independent Bank Corporation (NasdaqGS:IBCP) announces a share repurchase program. Under the program, the company will repurchase up to 5% of its outstanding common stock. The company expects to fund any repurchases from cash on hand. The repurchase program will expire on December 31, 2018.

Latest news about Independent Bank Corporation

Independent Bank Keeps Quarterly Dividend at $0.57 a Share, Payable July 8 to Holders of Record July 1	21/06	MT
Sector Update: Financial Stocks Easing Monday Afternoon	20/05	MT
Sector Update: Financial	20/05	MT
SouthState Agrees to Buy Independent Bank Group in $2 Billion All-Stock Transaction	20/05	MT
Sector Update: Financial Stocks Steady Premarket Monday	20/05	MT
Sector Update: Financial	20/05	MT
SouthState Agrees to Acquire Independent Bank for $2 Billion	20/05	MT
SouthState to Acquire Independent Bank	20/05	MT
SouthState to Acquire Independent Bank	20/05	MT
Regional lender SouthState to buy Independent Bank for about $2 bln	20/05	RE
CyberArk to acquire Venafi in $1.5 bln deal	20/05	RE
Transcript : Independent Bank Corporation, Q1 2024 Earnings Call, Apr 25, 2024	25/04
Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q1 EPS $0.76, vs. Street Est of $0.64	25/04	MT
Tranche Update on Independent Bank Corporation's Equity Buyback Plan announced on December 19, 2023.	25/04	CI
Independent Bank Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	25/04	CI
North American Morning Briefing : More Tech -2-	25/04	DJ
Independent Bank Corp. Names New Board Chair	23/04	MT
Independent Bank Corporation and Independent Bank Announces Changes to Its Board	23/04	CI
Independent Bank Keeps Quarterly Dividend at $0.24 per Share, Payable May 13 to Shareholders of Record on May 3	23/04	MT
Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on May 13, 2024	23/04	CI
Independent Bank Group Q1 Adjusted Net Income, Revenue Fall	23/04	MT
Earnings Flash (IBTX) INDEPENDENT BANK GROUP Reports Q1 EPS $0.58, vs. Street Est of $0.63	23/04	MT
Independent Bank Q1 Earnings, Revenue Decline	19/04	MT
Independent Bank Raises Quarterly Dividend $0.02 to $0.57 a Share, Payable April 5 to Shareholders of Record April 1	22/03	MT
Zalando to Buy Back EUR100 Million Shares for Employee Incentive Programs	13/03	MT

Chart Independent Bank Corporation

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Company Profile

Independent Bank Corporation is a bank holding company for Independent Bank (the Bank). The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of 56 branches, two drive-thru facilities, and five Michigan-based loan production offices. It also has one loan production facility in Ohio (Fairlawn). The bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it also provides Internet and mobile banking capabilities to its customers.

Sector

Banks

Calendar

25/07/2024 - Q2 2024 Earnings Release

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Russell 2000

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Ratings for Independent Bank Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

31.23 USD

Average target price

27 USD

Spread / Average Target

-13.54%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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