Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock

Rhea-AI Summary

Independent Bank Corporation (NASDAQ: IBCP) has declared a quarterly cash dividend of $0.26 per share on its common stock. The dividend will be paid on August 15, 2025, to shareholders of record as of August 5, 2025.

Independent Bank Corporation, founded in 1864 as First National Bank of Ionia, operates throughout Michigan's Lower Peninsula with total assets of $5.3 billion. The company provides comprehensive financial services including commercial banking, mortgage lending, investments, and insurance services through its subsidiary Independent Bank.

Positive

• Consistent dividend payment demonstrates financial stability
• Substantial asset base of $5.3 billion indicates strong market presence

Negative

• None.

News Market Reaction – IBCP

-0.32%

-0.32% Session move

In the trading session that priced this news, IBCP declined 0.32%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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GRAND RAPIDS, Mich., July 22, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 26 cents per share. This dividend is payable on August 15, 2025, to shareholders of record on August 5, 2025.

About Independent Bank Corporation

Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.3 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 and insurance 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 Web site at: IndependentBank.com.

Contact:	William B. Kessel, President and CEO, 616.447.3933
	Gavin A. Mohr, Chief Financial Officer, 616.447.3929

FAQ

What is the dividend amount for Independent Bank Corporation (NASDAQ: IBCP) in Q3 2025?

Independent Bank Corporation declared a quarterly cash dividend of $0.26 per share for Q3 2025.

When is the IBCP dividend payment date and record date for Q3 2025?

The dividend will be paid on August 15, 2025, to shareholders of record as of August 5, 2025.

What is Independent Bank Corporation's total asset value in 2025?

Independent Bank Corporation has total assets of approximately $5.3 billion.

What services does Independent Bank Corporation (IBCP) offer?

Independent Bank Corporation offers a full range of financial services including commercial banking, mortgage lending, investments, and insurance services through its subsidiary Independent Bank.

When was Independent Bank Corporation founded?

Independent Bank Corporation was founded in 1864 as First National Bank of Ionia.