Independent Bank (IBCP) Expected to Announce Earnings on Tuesday

Key Points

• Independent Bank is expected to announce its Q3 2025 earnings on October 28th, with analysts predicting earnings of $0.83 per share and revenue of $50.183 million.
• The company's stock has increased by 3.3%, trading at $32.21, with a market cap of $667.07 million and a P/E ratio of 10.49.
• Recent insider activities include EVP Stefanie M. Kimball selling 1,400 shares and EVP Gavin A. Mohr buying 2,000 shares, indicating mixed sentiments on insider confidence.

Independent Bank (NASDAQ:IBCP - Get Free Report) is anticipated to release 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 - Get Free Report) last released its earnings results on Thursday, July 24th. The financial services provider reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.03. The business had revenue of $55.94 million during the quarter, compared to the consensus estimate of $47.72 million. Independent Bank had a net margin of 20.31% and a return on equity of 14.05%. 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 Up 3.3%

Independent Bank stock opened at $32.21 on Tuesday. The company has a fifty day simple moving average of $31.75 and a 200 day simple moving average of $31.64. Independent Bank has a 1-year low of $26.75 and a 1-year high of $40.32. The company has a market cap of $667.07 million, a P/E ratio of 10.49 and a beta of 0.79. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.39.

Insider Activity

In other Independent Bank news, EVP Stefanie M. Kimball sold 1,400 shares of Independent Bank stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $32.64, for a total value of $45,696.00. Following the completion of the sale, the executive vice president owned 62,389 shares in the company, valued at $2,036,376.96. The trade was a 2.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Gavin A. Mohr acquired 2,000 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was acquired at an average price 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 approximately $706,202.64. This represents a 9.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. 5.68% of the stock is owned by insiders.

Hedge Funds Weigh In On Independent Bank

Several hedge funds and other institutional investors have recently made changes to their positions in IBCP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Independent Bank by 4.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,816 shares of the financial services provider's stock worth $364,000 after acquiring an additional 464 shares during the period. EverSource Wealth Advisors LLC lifted its position in Independent Bank by 2,062.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 757 shares of the financial services provider's stock worth $25,000 after acquiring an additional 722 shares during the period. Quantinno Capital Management LP boosted its stake in shares of Independent Bank by 17.1% in the second quarter. Quantinno Capital Management LP now owns 10,920 shares of the financial services provider's stock valued at $354,000 after buying an additional 1,594 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of 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 buying an additional 1,652 shares in the last quarter. Finally, Rhumbline Advisers boosted 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. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

IBCP has been the subject of a number of analyst reports. DA Davidson lifted their price objective on shares of Independent Bank from $35.00 to $37.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Weiss Ratings restated a "buy (b-)" rating on shares of Independent Bank in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Independent Bank has an average rating of "Hold" and an average target price of $36.00.

About Independent Bank

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.

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