Independent Bank Corp (Michigan) <IBCP.OQ> expected to post earnings of 70 cents a share - Earnings Preview

• Independent Bank Corp (Michigan) IBCP.OQ IBCP.O is expected to show a rise in quarterly revenue when it reports results on April 24 for the period ending March 31 2025

• The Grand Rapids Michigan-based company is expected to report a 8.0% increase in revenue to $43.399 million from $40.2 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data. (SAL represents Net Interest Income)

• ​LSEG's mean analyst estimate for Independent Bank Corp (Michigan) is for earnings of 70 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Independent Bank Corp (Michigan) is $37.00​, above​ its last closing price of $29.99. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated April 22 at 12:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)