Independent Bank (IBCP) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Independent Bank (NASDAQ:IBCP) will report Q1 2026 results before the open on Thursday, April 23, with analysts forecasting $0.854 EPS and $60.357M in revenue; the earnings call is scheduled for 11:00 AM ET.
• In the prior quarter the bank posted $0.89 EPS (beating estimates) on $46.8M in revenue (below estimates), with a net margin of 21.73% and ROE of 14.20%; analysts average $3.00 EPS for the current and next fiscal years.
• The company raised its quarterly dividend to $0.28 (annualized $1.12, ~3.3% yield) and the stock trades with a market cap of about $707M and a PE of 10.48, within a 12‑month range of $29.37–$37.39.

Independent Bank (NASDAQ:IBCP - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.8540 per share and revenue of $60.3570 million for the quarter. Parties can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.

Independent Bank (NASDAQ:IBCP - Get Free Report) last released its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.06. The firm had revenue of $46.80 million for the quarter, compared to analyst estimates of $50.52 million. Independent Bank had a net margin of 21.73% and a return on equity of 14.20%. 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 Price Performance

NASDAQ:IBCP opened at $34.36 on Thursday. The firm has a market cap of $707.47 million, a PE ratio of 10.48 and a beta of 0.76. Independent Bank has a 12 month low of $29.37 and a 12 month high of $37.39. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.23. The company's 50-day moving average price is $34.54 and its two-hundred day moving average price is $33.31.

Independent Bank Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, February 3rd were given a dividend of $0.28 per share. The ex-dividend date was Tuesday, February 3rd. This is a positive change from Independent Bank's previous quarterly dividend of $0.26. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.3%. Independent Bank's dividend payout ratio (DPR) is currently 34.15%.

Hedge Funds Weigh In On Independent Bank

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its holdings in Independent Bank by 2,062.9% in the second quarter. EverSource Wealth Advisors LLC now owns 757 shares of the financial services provider's stock valued at $25,000 after buying an additional 722 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in Independent Bank in the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. acquired a new position in Independent Bank in the fourth quarter valued at approximately $29,000. Quarry LP acquired a new position in Independent Bank in the third quarter valued at approximately $42,000. Finally, Quadrant Capital Group LLC acquired a new position in Independent Bank in the third quarter valued at approximately $72,000. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on IBCP. Weiss Ratings upgraded shares of Independent Bank from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, January 12th. Piper Sandler upped their target price on shares of Independent Bank from $36.00 to $39.00 and gave the stock a "neutral" rating in a research report on Monday, January 26th. Finally, DA Davidson reiterated a "neutral" rating and set a $36.00 target price on shares of Independent Bank in a research report on Friday, March 20th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $36.67.

Independent Bank Company Profile

Independent Bank Corporation NASDAQ: IBCP is a bank holding company headquartered in Grand Rapids, Michigan. Through its primary subsidiary, Independent Bank, the company offers a full range of commercial and personal banking services designed to meet the needs of individuals, small businesses and corporate clients. The company's offerings span traditional branch-based banking as well as digital and mobile platforms.

Independent Bank provides deposit products such as checking and savings accounts, money market accounts and certificates of deposit.

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