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Independent Bank Earnings Calls
| Release date | Oct 28, 2025 |
| EPS estimate | $0.83 |
| EPS actual | $0.84 |
| EPS Surprise | 1.20% |
| Revenue estimate | 46.33M |
| Revenue actual | 55.461M |
| Revenue Surprise | 19.71% |
| Release date | Jul 24, 2025 |
| EPS estimate | $0.780 |
| EPS actual | $0.81 |
| EPS Surprise | 3.85% |
| Revenue estimate | 50.073M |
| Revenue actual | 54.069M |
| Revenue Surprise | 7.98% |
| Release date | Apr 24, 2025 |
| EPS estimate | $0.700 |
| EPS actual | $0.740 |
| EPS Surprise | 5.71% |
| Revenue estimate | 46.249M |
| Revenue actual | 52.27M |
| Revenue Surprise | 13.02% |
| Release date | Jan 23, 2025 |
| EPS estimate | $0.770 |
| EPS actual | $0.87 |
| EPS Surprise | 12.99% |
| Revenue estimate | 55.137M |
| Revenue actual | 60.405M |
| Revenue Surprise | 9.55% |
Last 4 Quarters for Independent Bank
Below you can see how IBCP performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jan 23, 2025 |
| Price on release | $35.24 |
| EPS estimate | $0.770 |
| EPS actual | $0.87 |
| EPS surprise | 12.99% |
| Date | Price |
|---|---|
| Jan 16, 2025 | $34.87 |
| Jan 17, 2025 | $34.42 |
| Jan 21, 2025 | $35.46 |
| Jan 22, 2025 | $34.80 |
| Jan 23, 2025 | $35.24 |
| Jan 24, 2025 | $35.60 |
| Jan 27, 2025 | $35.64 |
| Jan 28, 2025 | $36.25 |
| Jan 29, 2025 | $35.95 |
| 4 days before | 1.06% |
| 4 days after | 2.01% |
| On release day | 1.02% |
| Change in period | 3.10% |
| Release date | Apr 24, 2025 |
| Price on release | $30.90 |
| EPS estimate | $0.700 |
| EPS actual | $0.740 |
| EPS surprise | 5.71% |
| Date | Price |
|---|---|
| Apr 17, 2025 | $30.12 |
| Apr 21, 2025 | $29.99 |
| Apr 22, 2025 | $30.96 |
| Apr 23, 2025 | $31.28 |
| Apr 24, 2025 | $30.90 |
| Apr 25, 2025 | $31.04 |
| Apr 28, 2025 | $30.81 |
| Apr 29, 2025 | $31.06 |
| Apr 30, 2025 | $30.46 |
| 4 days before | 2.59% |
| 4 days after | -1.42% |
| On release day | 0.453% |
| Change in period | 1.13% |
| Release date | Jul 24, 2025 |
| Price on release | $32.84 |
| EPS estimate | $0.780 |
| EPS actual | $0.81 |
| EPS surprise | 3.85% |
| Date | Price |
|---|---|
| Jul 18, 2025 | $34.13 |
| Jul 21, 2025 | $34.17 |
| Jul 22, 2025 | $34.06 |
| Jul 23, 2025 | $34.19 |
| Jul 24, 2025 | $32.84 |
| Jul 25, 2025 | $32.46 |
| Jul 28, 2025 | $32.29 |
| Jul 29, 2025 | $31.88 |
| Jul 30, 2025 | $31.15 |
| 4 days before | -3.78% |
| 4 days after | -5.15% |
| On release day | -1.16% |
| Change in period | -8.73% |
| Release date | Oct 28, 2025 |
| Price on release | $31.64 |
| EPS estimate | $0.83 |
| EPS actual | $0.84 |
| EPS surprise | 1.20% |
| Date | Price |
|---|---|
| Oct 22, 2025 | $32.16 |
| Oct 23, 2025 | $31.45 |
| Oct 24, 2025 | $32.26 |
| Oct 27, 2025 | $31.88 |
| Oct 28, 2025 | $31.64 |
| Oct 29, 2025 | $30.78 |
| Oct 30, 2025 | $31.01 |
| Oct 31, 2025 | $30.22 |
| Nov 03, 2025 | $30.48 |
| 4 days before | -1.62% |
| 4 days after | -3.67% |
| On release day | -2.72% |
| Change in period | -5.22% |
Independent Bank Earnings Call Transcript Summary of Q3 2025
Independent Bank Corporation reported Q3 2025 net income of $17.5 million ($0.84 diluted EPS), up from $13.8 million a year ago. Key positives: ninth consecutive quarter of higher net interest income, year-over-year NII growth of 8.4%, core deposits increased (total deposits $4.9B) with strong municipal and commercial inflows, commercial loan growth (Q3 commercial loans +$57M; YTD commercial +$188M, ~12.9% annualized), and an efficiency ratio of 58.9% reflecting disciplined expense management. Tax-equivalent NIM was 3.54% (down 4 bps linked quarter, primarily due to accelerated unamortized costs from redeemed subordinated debt and liquidity mix effects) and the bank says margin is effectively stable when adjusting for that event. Credit remains generally healthy: nonperforming assets rose to 0.38% (driven mainly by one commercial investment real estate relationship now in workout), annualized net charge-offs remain low (~4 bps YTD), and the ACL is 1.49% of loans. Capital remains strong despite payoff of $40M subordinated debt. Noninterest income was $11.9M (below prior guidance range due to lower mortgage gains and MSR sale impacts). Noninterest expense was $34.1M (below guidance range). The bank repurchased ~13,732 shares (~$0.4M) in the quarter. Management expects to finish 2025 strong, remains focused on commercial growth, talent additions (3 experienced commercial bankers added in Q3), technology investments, and believes deposit and margin dynamics should allow relatively stable margins into year-end and constructive positioning for 2026.
