| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 8.2MM | -10% |
| Operating Income | 17.9MM | -17% |
| Operating Expenses | 31.9MM | -0% |
| Net Income | 13.7MM | -22% |
| Compensation | 19MM | -5% |
| Professional Service | 585K | +8% |
| Interest Expense | 25.2MM | +10% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stephen L Gulis, Jr. Stephen L. Gulis, Jr., Chairperson of the Board GRAND RAPIDS, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors appointed Stephen L. Gulis, Jr. as Chairperson to the Boards of the Corporation and the Bank. Mr. Gulis succeeds Mr. Michael M. Magee who served as Chairperson of the Corporation and the Bank since January 1, 2013. Mr.
GRAND RAPIDS, Mich., April 23, 2024 (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 24 cents per share. This dividend is payable on May 13, 2024 to shareholders of record on May 3, 2024. About Independent Bank Corporation Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company
As the US market shows signs of resilience amid hawkish comments from the Fed and fluctuating crude oil prices, attention is naturally drawn towards dividend stocks. These stocks, with their regular income stream and potential for capital appreciation, can offer a measure of stability in uncertain times.
GRAND RAPIDS, Mich., April 02, 2024 (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 2024 first quarter results on Thursday, April 25, 2024, 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
Key Insights Institutions' substantial holdings in Independent Bank implies that they have significant influence over...
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Independent Bank Corporation (NASDAQ:IBCP) Q4 2023 Earnings Call Transcript January 26, 2024 Independent Bank Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to the Independent Bank Corporation Reports 2023 Fourth Quarter Results. I’m Karla and […]
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Q4 2023 Results Show Slight Dip in Net Income with Strong Loan Growth
Fourth Quarter Highlights Highlights for the fourth quarter of 2023 include: An increase in net interest income of $0.7 million (1.7%) over the third quarter of 2023;An increase in book value and tangible book value per share of $1.42 and $1.43 respectively;Net growth in loans of $49.4 million (or 5.2% annualized) from September 30, 2023; andThe payment of a 23 cent per share dividend on common stock on November 13, 2023. GRAND RAPIDS, Mich., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Independent Bank Co