Independent Bank (IBCP) Tops Q1 EPS by 4c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. GILD
9. SBUX
10. SNDK

Go back to Independent Bank (IBCP) Tops Q1 EPS by 4c

Independent Bank Corporation Reports 2015 Second Quarter Results

July 27, 2015 8:01 AM EDT

GRAND RAPIDS, Mich., July 27, 2015 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP) reported second quarter 2015 net income of $5.6 million, or $0.24 per diluted share, versus net income of $6.1 million, or $0.26 per diluted share, in the prior-year period. For the six months ended June 30, 2015, the Company reported net income of $9.4 million, or $0.40 per diluted share, compared to net income of $9.2 million, or $0.39 per diluted share, in the prior-year period.

Second quarter 2015 highlights include:

A $0.3 million, or 4.4%, year-over-year increase in pre-tax income. A $1.0 million, or 4.3%, year-over-year decrease in total non-interest expenses. Total net loan... More