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Independent Bank (IBCP) - 2024 Q2 - Quarterly Results
2024-07-25 12:12
Exhibit 99.1 NEWS RELEASE Independent Bank Corporation 4200 East Beltline Grand Rapids, MI 49525 616.527.5820 For Release: Immediately Contact: William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929 INDEPENDENT BANK CORPORATION REPORTS 2024 SECOND QUARTER RESULTS Second Quarter Highlights Highlights for the second quarter of 2024 include: • Increases in net income and diluted earnings per share of 25.3% and 25.7%, respectively, over second quarter of 2023; • ...
Independent Bank (IBCP) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2024-07-22 16:45
Independent Bank in Focus Bottom Line While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions ...
Independent Bank Corporation Announces Date for Its Second Quarter 2024 Earnings Release
Newsfilter· 2024-06-28 16:26
Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, July 25, 2024. About Independent Bank Corporation Contact: William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929 GRAND RAPIDS, Mich., June 28, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a M ...
Independent Bank (IBCP) Could Be a Great Choice
ZACKS· 2024-06-19 16:45
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yi ...
Why Independent Bank (IBCP) is a Great Dividend Stock Right Now
zacks.com· 2024-05-17 16:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Bottom Line Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly pa ...
Independent Bank (IBCP) - 2024 Q1 - Quarterly Report
2024-05-03 14:08
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 Commission file number 0-7818 INDEPENDENT BANK CORPORATION (Exact name of registrant as specified in its charter) Michigan 38-2032782 (State or jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification Number) 4200 East Beltline, Grand Rapids, Michigan 49525 (Address of principal executiv ...
Why Independent Bank (IBCP) is a Top Dividend Stock for Your Portfolio
Zacks Investment Research· 2024-05-01 16:46
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investo ...
Independent Bank (IBCP) - 2024 Q1 - Earnings Call Transcript
2024-04-26 00:50
Independent Bank Corporation (NASDAQ:IBCP) Q1 2024 Results Conference Call April 25, 2024 11:00 AM ET Company Participants William Kessel - President and CEO Joel Rahn - EVP, Commercial Lending Gavin Mohr - CFO Conference Call Participants Brendan Nosal - Hovde Group Damon DelMonte - KBW John Rodis - Janney Operator Ladies and gentlemen, thank you for standing by. Welcome to the Independent Bank Corporation Reports 2024 First Quarter Results. All lines have been placed on mute during the presentation portio ...
Independent Bank (IBCP) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-04-25 14:16
Independent Bank (IBCP) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.92%. A quarter ago, it was expected that this bank holding company would post earnings of $0.71 per share when it actually produced earnings of $0.79, delivering a surprise of 11.27%.Over the last four quarters ...
Independent Bank (IBCP) - 2024 Q1 - Quarterly Results
2024-04-25 12:02
Exhibit 99.1 NEWS RELEASE Independent Bank Corporation 4200 East Beltline Grand Rapids, MI 49525 616.527.5820 For Release: Immediately Contact: William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929 INDEPENDENT BANK CORPORATION REPORTS 2024 FIRST QUARTER RESULTS 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 i ...