Independent Bank Corporation Reports 2026 First Quarter Earnings of $0.81 Per Diluted Share
Independent Bank Corporation reported Q1 2026 net income of $16.9 million, or $0.81 per diluted share, up from $15.6 million or $0.74 per share in the prior year. The bank delivered solid operational metrics with net interest margin expanding three basis points to 3.65% and core deposit growth of $80.4 million.
Key figures
- Eps
- 0.81
- Npl ratio
- 0.64%
- Net income
- $16.9 million
- Dividend per share
- $0.28
- Net interest income
- $46.9 million
- Net interest margin
- 3.65%
AI analysis
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