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IBCP — Independent Bank News Story

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Independent Bank Corp expected to post earnings of 88 cents a share - Earnings Preview

Independent Bank Corp <IBCP.OQ> expected to post earnings of 88 cents a share - Earnings Preview 
  • Independent Bank Corp IBCP.OQ IBCP.O is expected to show a rise in quarterly revenue when it reports results on October 27 for the period ending September 30 2026

  • The Grand Rapids Michigan-based company is expected to report a 25.3% increase in revenue to $56.845 million from $45.36 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 is for earnings of 88 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "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 is $40.00, about 8.2% above its last closing price of $36.96

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2026

0.83

0.84

0.90

Beat

6.6

Mar. 31 2026

0.79

0.79

0.81

Beat

2.7

Dec. 31 2025

0.85

0.84

0.89

Beat

5.6​

Sep. 30 2025

0.84

0.84

0.84

Met

0

​​Jun. 30 2025

0.79

0.79

0.81

Beat

2.2

Mar. 31 2025

0.70

0.70

0.74

Beat

5.7​

Dec. 31 2024

0.76

0.77

0.87

Beat

13.3

Sep. 30 2024

0.75

0.76

0.65

Missed

-14

This summary was machine generated October 23 at 12:31 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)

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