Independent Bank (IBCP) to Release Quarterly Earnings on Thursday

Independent Bank (NASDAQ:IBCP) will likely be announcing 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. Investors may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.

Independent Bank (NASDAQ:IBCP) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.06. Independent Bank had a net margin of 21.73% and a return on equity of 14.20%. The company had revenue of $46.80 million during the quarter, compared to the consensus estimate of $50.52 million. On average, analysts expect Independent Bank to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Independent Bank Price Performance

IBCP stock opened at $33.51 on Wednesday. The firm has a 50 day moving average of $34.36 and a 200-day moving average of $33.42. Independent Bank has a 12-month low of $29.63 and a 12-month high of $37.39. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.23. The company has a market cap of $689.97 million, a price-to-earnings ratio of 10.22 and a beta of 0.76.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Occudo Quantitative Strategies LP boosted its position in Independent Bank by 3.2% during the 4th quarter. Occudo Quantitative Strategies LP now owns 11,525 shares of the financial services provider’s stock worth $375,000 after purchasing an additional 355 shares during the period. Cetera Investment Advisers boosted its position in Independent Bank by 1.7% during the 4th quarter. Cetera Investment Advisers now owns 22,254 shares of the financial services provider’s stock worth $724,000 after purchasing an additional 363 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 purchasing an additional 464 shares during the period. Man Group plc boosted its position in Independent Bank by 2.7% during the 4th quarter. Man Group plc now owns 18,861 shares of the financial services provider’s stock worth $614,000 after purchasing an additional 501 shares during the period. Finally, Intech Investment Management LLC boosted its position in Independent Bank by 6.1% during the 3rd quarter. Intech Investment Management LLC now owns 10,568 shares of the financial services provider’s stock worth $327,000 after purchasing an additional 611 shares during the period. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on IBCP shares. 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 lifted their price objective on 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 restated a “neutral” rating and set a $36.00 price objective on shares of Independent Bank in a research report on Friday, March 20th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Independent Bank presently has a consensus 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.