News Digest / Ticker: IBCP

Ticker: IBCP

02:03pm, Wednesday, May 07, 2025

Independent Bank Reports Q1 2025 Net Income Drop to $15.6M Despite Rising Interest Income

Independent Bank Corporation (NASDAQ: IBCP) Overview Independent Bank Corporation (IBC) recorded a net income of $15.6 million in Q1 2025, down from $16.0 million in Q1 2024. The decrease was attributed to a decline in benefits from capitalized mortgage loan servicing rights and increased costs r...