Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock

Rhea-AI Summary

Independent Bank Corporation (NASDAQ: IBCP) announced a quarterly cash dividend of $0.26 per share on Oct 21, 2025. The dividend is payable on November 14, 2025 to shareholders of record as of November 4, 2025.

The company is a Michigan-based bank holding company with approximately $5.4 billion in total assets and operates a branch network across Michigan's Lower Peninsula through its state-chartered bank subsidiary.

Positive

• $0.26 per share quarterly cash dividend declared
• Dividend payable Nov 14, 2025 to record holders on Nov 4, 2025
• Company scale: approximately $5.4 billion in total assets

Negative

• None.

News Market Reaction – IBCP

-0.25%

1 alert

-0.25% News Effect

On the day this news was published, IBCP declined 0.25%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GRAND RAPIDS, Mich., Oct. 21, 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 November 14, 2025, to shareholders of record on 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 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 dividend did Independent Bank Corporation (IBCP) declare on Oct 21, 2025?

Independent Bank Corporation declared a $0.26 per share quarterly cash dividend on Oct 21, 2025.

When is the IBCP dividend payable and what is the record date?

The dividend is payable on November 14, 2025 to shareholders of record on November 4, 2025.

How large is Independent Bank Corporation by assets (IBCP)?

Independent Bank Corporation has approximately $5.4 billion in total assets.

How often does Independent Bank Corporation (IBCP) pay dividends?

The announcement describes this as a quarterly cash dividend.

Which stock exchange and symbol is Independent Bank Corporation listed under?

Independent Bank Corporation is listed on NASDAQ under the symbol IBCP.

Where can investors find more information about Independent Bank Corporation (IBCP)?

Investors can visit the company's website at IndependentBank.com for more information.