Welcome to our dedicated page for Independent Bk Mich news (Ticker: IBCP), a resource for investors and traders seeking the latest updates and insights on Independent Bk Mich stock.
Independent Bank Corp. reports news about its Michigan community banking business through Independent Bank, a state-chartered bank subsidiary serving communities across Michigan's Lower Peninsula. Recurring updates cover commercial banking, mortgage lending, retail and consumer banking, investments, insurance and title services, along with operating results tied to loan growth, net interest margin, noninterest income and credit quality.
Company announcements also address common-stock dividends, stock repurchase authorization, shareholder meeting matters, investor presentations and leadership changes within the banking organization. The news flow reflects a bank holding company whose public disclosures center on earnings performance, capital returns, governance and branch-based financial services in Michigan.
Independent Bank Corporation (NASDAQ: IBCP) received shareholder approval for its planned acquisition of HCB Financial Corp., parent of Highpoint Community Bank.
IBCP has approximately $5.5 billion in assets and HCB about $590 million. Regulatory approvals are in place, and closing is expected on July 1, 2026.
Independent Bank Corporation (NASDAQ: IBCP) received key regulatory approvals to acquire HCB Financial Corp., parent of Highpoint Community Bank. Independent Bank reports total assets of about $5.5 billion, while HCB has about $590 million in assets.
HCB shareholders will vote on June 17, 2026, and, if approved with other conditions satisfied, the merger is expected to be effective July 1, 2026.
Independent Bank Corporation (NASDAQ: IBCP) reported Q1 2026 net income of $16.9 million, or $0.81 per diluted share, versus $15.6 million, or $0.74, year-over-year. Key metrics: net interest income of $46.9 million, net interest margin of 3.65%, core deposit growth of $80.4 million, and tangible common equity per share of $23.38.
Independent Bank Corporation (NASDAQ: IBCP) announced a quarterly cash dividend of $0.28 per share, payable May 14, 2026, to shareholders of record on May 4, 2026.
The company is a Michigan-based bank holding company with total assets of approximately $5.5 billion and a branch network across Michigan's Lower Peninsula.
Independent Bank Corporation (NASDAQ: IBCP) will release first quarter 2026 results on Thursday, April 23, 2026 at ~8:00 am ET with a conference call at 11:00 am ET.
Management presenters include Brad Kessel (President & CEO), Gavin Mohr (CFO) and Joel Rahn (EVP Commercial Banking). Webcast and replay (available until April 23, 2027) will be on the company investor site.
Company assets are approximately $5.5 billion.
Independent Bank Corporation (NASDAQ: IBCP) agreed to acquire HCB Financial Corp. (OTCPK: HCBN) in a cash-and-stock deal valued at approximately $70.2 million. The combined company will have about $6.1 billion in assets, $5.3 billion in deposits, and $4.7 billion in loans.
Deal terms: 1.590 shares plus $17.51 cash per HCB share; ~6% accretion to 2027 EPS, 4% tangible book dilution with ~3.4-year earnback, projected CET1 ~11.5%. Closing expected early Q3 2026, subject to approvals.
Independent Bank Corporation (NASDAQ: IBCP) reported Q4 2025 net income $18.6M or $0.89 per diluted share and FY 2025 net income $68.5M or $3.27 per diluted share. Key Q4 metrics: net interest income $46.4M, net interest margin 3.62%, ROA 1.35%, ROE 14.75%, loan growth of $78.0M (7.4% annualized) and deposit growth of $57.1M (4.8% annualized) versus 9/30/2025.
Capital and shareholder actions: tangible common equity rose to $23.05 per share, tangible book value increased 13.3% for the year, the board authorized a 2026 share repurchase plan for up to 1,100,000 shares (~5%), and the company repurchased 407,113 shares for $12.4M in 2025. The company recorded a $1.8M tax benefit from a tax credit transfer agreement in 2025. Asset quality showed higher non-performing loans driven by one commercial relationship.
Independent Bank Corporation (NASDAQ: IBCP) announced a quarterly cash dividend of $0.28 per share, a 7.7% increase from the prior dividend. The dividend is payable on February 13, 2026 to shareholders of record on February 3, 2026. Management noted this marks the thirteenth consecutive annual increase in the company's dividend and cited a robust capital position and optimistic outlook. Independent Bank Corporation is a Michigan-based bank holding company with total assets of approximately $5.5 billion and a branch network across Michigan's Lower Peninsula.
Independent Bank Corporation (NASDAQ: IBCP) announced the promotion of Mike Stodolak to Executive Vice President, Retail Banking, effective following the retirement of Russ Daniel in March 2026. Stodolak has 38 years in financial services and 25 years at Independent Bank, most recently serving as Senior Vice President and Market President, leading the retail network and Consumer Lending program and driving branch efficiencies and team development.
Russ Daniel is retiring after 27 years with the bank, having held leadership roles across Mortgage, Bank Operations, Wealth Management, Marketing, Retail, Consumer Lending, and Digital and Product Sales.
Independent Bank Corporation (NASDAQ: IBCP) will release its Q4 2025 earnings on Thursday, January 22, 2026 at approximately 8:00 AM ET. The results will be posted in the Investor Relations > News section at IndependentBank.com.
Management — Brad Kessel (President & CEO), Gavin Mohr (CFO) and Joel Rahn (EVP Commercial Banking) — will host a conference call at 11:00 AM ET the same day. Phone registration is required; a webcast and presentation slides will be available via the provided media-server link. A replay of the webcast will be available through January 22, 2027. The company reported total assets of approximately $5.5 billion and operates a branch network across Michigan's Lower Peninsula.