Earnings Outlook For Independent Bank

Independent Bank IBCP is gearing up to announce its quarterly earnings on Thursday, 2025-04-24. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Independent Bank will report an earnings per share (EPS) of $0.70.

The announcement from Independent Bank is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Overview of Past Earnings

Last quarter the company beat EPS by $0.11, which was followed by a 1.02% increase in the share price the next day.

Here's a look at Independent Bank's past performance and the resulting price change:

Quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
EPS Estimate 0.76 0.76 0.70 0.64
EPS Actual 0.87 0.81 0.88 0.76
Price Change % 1.0% -0.0% -2.0% -1.0%

Performance of Independent Bank Shares

Shares of Independent Bank were trading at $30.96 as of April 22. Over the last 52-week period, shares are up 24.27%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Independent Bank visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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IBCPIndependent Bank Corp (Ionia MI)
$31.80-2.32%

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