Independent Bank (IBCP) Projected to Post Earnings on Tuesday

Independent Bank (NASDAQ:IBCP) is expected to be announcing its Q3 2025 results before the market opens on Tuesday, October 28th. Analysts expect Independent Bank to post earnings of $0.83 per share and revenue of $50.1830 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Tuesday, October 28, 2025 at 11:00 AM ET.

Independent Bank (NASDAQ:IBCP) last posted its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.03. The business had revenue of $55.94 million during the quarter, compared to analysts’ expectations of $47.72 million. Independent Bank had a return on equity of 14.05% and a net margin of 20.31%. On average, analysts expect Independent Bank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Independent Bank Stock Performance

Shares of NASDAQ IBCP opened at $32.26 on Friday. Independent Bank has a 12 month low of $26.75 and a 12 month high of $40.32. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.39. The company has a market cap of $668.10 million, a P/E ratio of 10.51 and a beta of 0.79. The business’s 50 day moving average is $31.78 and its two-hundred day moving average is $31.71.

Independent Bank Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Tuesday, November 4th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, November 4th. Independent Bank’s dividend payout ratio (DPR) is currently 33.88%.

Insider Activity

In related news, EVP Gavin A. Mohr purchased 2,000 shares of the stock in a transaction dated Tuesday, August 5th. The stock was bought at an average cost of $29.64 per share, with a total value of $59,280.00. Following the purchase, the executive vice president directly owned 23,826 shares in the company, valued at $706,202.64. The trade was a 9.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Stefanie M. Kimball sold 1,400 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $32.64, for a total transaction of $45,696.00. Following the completion of the transaction, the executive vice president directly owned 62,389 shares of the company’s stock, valued at $2,036,376.96. This trade represents a 2.19% decrease in their position. The disclosure for this sale can be found here. 5.68% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Independent Bank

Several institutional investors have recently bought and sold shares of IBCP. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Independent Bank by 24.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 71,115 shares of the financial services provider’s stock valued at $2,190,000 after purchasing an additional 13,926 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Independent Bank by 6.0% during the 2nd quarter. Bank of America Corp DE now owns 65,059 shares of the financial services provider’s stock worth $2,109,000 after purchasing an additional 3,696 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Independent Bank by 5.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 44,385 shares of the financial services provider’s stock valued at $1,439,000 after buying an additional 2,175 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Independent Bank by 4.4% in the second quarter. Rhumbline Advisers now owns 40,450 shares of the financial services provider’s stock valued at $1,311,000 after buying an additional 1,713 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Independent Bank by 4.9% in the second quarter. BNP Paribas Financial Markets now owns 35,142 shares of the financial services provider’s stock valued at $1,139,000 after acquiring an additional 1,652 shares during the last quarter. Institutional investors own 79.43% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on IBCP. DA Davidson boosted their price target on Independent Bank from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Weiss Ratings cut shares of Independent Bank from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Independent Bank currently has an average rating of “Hold” and a consensus target price of $36.00.

Independent Bank Company Profile

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services.