Independent Bank Corporation to release Q3 2025 financial results on October 28, followed by a conference call.
Quiver AI Summary
Independent Bank Corporation, the holding company for Michigan-based Independent Bank, announced that it will release its third quarter results for 2025 on October 28, 2025, at 8:00 am ET. The results will be available on their website under the Investor Relations section. A conference call is scheduled for the same day at 11:00 am ET, featuring key executives including President and CEO Brad Kessel, CFO Gavin Mohr, and EVP of Commercial Banking Joel Rahn, who will discuss the quarterly results. Interested parties can join the call by phone or via an audio webcast. A replay of the call will be available until November 4, 2025. Independent Bank Corporation, operating since 1864, provides a variety of financial services and serves communities across Michigan.
Potential Positives
- Independent Bank Corporation is set to release its third quarter results on October 28, 2025, which demonstrates transparency and communication with investors.
- The scheduled conference call for investors and analysts indicates the company's commitment to engaging with stakeholders and providing detailed financial insights.
- The company's total assets of approximately $5.4 billion highlight its substantial presence and stability in the banking sector.
Potential Negatives
- The announcement of upcoming earnings results may raise concerns about the company's financial performance, leading to uncertainty among investors and analysts.
- Holding a conference call to discuss quarterly results might imply that the company anticipates needing to address questions or concerns regarding its performance during the quarter.
- The fact that the next earnings release is not for a month may suggest a lack of transparency in ongoing financial health, causing apprehension among stakeholders.
FAQ
When will Independent Bank Corporation release its Q3 2025 results?
Independent Bank Corporation will release its Q3 2025 results on October 28, 2025, at approximately 8:00 am ET.
How can I listen to the conference call for Q3 results?
You can listen to the conference call by dialing 1-833-470-1428 or via the audio webcast at the provided event URL.
Where can I find the Q3 results after publication?
The Q3 results will be available in the "News" section of the "Investor Relations" area on IndependentBank.com.
Who will present the quarterly results during the conference call?
Brad Kessel, Gavin Mohr, and Joel Rahn will present the quarterly results during the conference call.
What is the playback number for the conference call?
The playback number for the conference call is 1-866-813-9403, accessible until November 4, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$IBCP Insider Trading Activity
$IBCP insiders have traded $IBCP stock on the open market 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $IBCP stock by insiders over the last 6 months:
- MICHAEL M JR MAGEE has made 0 purchases and 3 sales selling 6,404 shares for an estimated $198,527.
- GAVIN A. MOHR (Executive Vice President) purchased 2,000 shares for an estimated $59,280
- TERANCE L BEIA purchased 1,821 shares for an estimated $55,813
- STEFANIE M KIMBALL (Executive Vice President) sold 1,400 shares for an estimated $45,702
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$IBCP Hedge Fund Activity
We have seen 71 institutional investors add shares of $IBCP stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 289,290 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $8,907,239
- CSM ADVISORS, LLC added 203,980 shares (+inf%) to their portfolio in Q2 2025, for an estimated $6,610,991
- MILLENNIUM MANAGEMENT LLC added 111,621 shares (+85.2%) to their portfolio in Q2 2025, for an estimated $3,617,636
- EMPOWERED FUNDS, LLC removed 67,654 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $2,083,066
- NUVEEN, LLC removed 64,495 shares (-15.1%) from their portfolio in Q2 2025, for an estimated $2,090,282
- GOLDMAN SACHS GROUP INC removed 62,054 shares (-20.8%) from their portfolio in Q2 2025, for an estimated $2,011,170
- AXA S.A. removed 56,370 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,826,951
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$IBCP Price Targets
Multiple analysts have issued price targets for $IBCP recently. We have seen 3 analysts offer price targets for $IBCP in the last 6 months, with a median target of $36.0.
Here are some recent targets:
- Peter Winter from DA Davidson set a target price of $37.0 on 07/25/2025
- Nathan Race from Piper Sandler set a target price of $36.0 on 04/28/2025
- Damon Delmonte from Keefe, Bruyette & Woods set a target price of $35.0 on 04/25/2025
Full Release
GRAND RAPIDS, Mich., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 third quarter results on Tuesday, October 28, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website.
Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, October 28, 2025.
To participate in the live conference call, please dial 1-833-470-1428 (Access Code # 362565). Also the conference call will be accessible through an audio webcast with user-controlled slides via the following event site/URL: https://events.q4inc.com/attendee/579402272 .
A playback of the call can be accessed by dialing 1-866-813-9403 (Access Code # 783472). The replay will be available through November 4, 2025.
About Independent Bank Corporation
Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.4 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan's Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments, insurance and title services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.
For more information, please visit our website at: IndependentBank.com .
| Contact: |
William B. Kessel, President and CEO, 616.447.3933
Gavin A. Mohr, Chief Financial Officer, 616.447.3929 |
