--- title: "Independent Bank Corporation Reports Fourth Quarter Earnings" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/273379268.md" description: "Independent Bank Corporation reported fourth quarter earnings for 2025, with a net income of $18.6 million ($0.89 per diluted share), up from $18.5 million ($0.87 per diluted share) last year. Full-year net income rose to $68.5 million ($3.27 per diluted share). Key metrics included a 2.2% increase in net interest income and a return on average assets of 1.35%. The company authorized a 5% stock repurchase plan and expressed optimism for 2026, citing a strong commercial loan pipeline and strategic initiatives." datetime: "2026-01-22T13:23:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273379268.md) - [en](https://longbridge.com/en/news/273379268.md) - [zh-HK](https://longbridge.com/zh-HK/news/273379268.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/273379268.md) | [English](https://longbridge.com/en/news/273379268.md) # Independent Bank Corporation Reports Fourth Quarter Earnings Independent Bank Corporation, a Michigan-based bank holding company, has released its financial results for the fourth quarter of 2025. The company reported a net income of $18.6 million, or $0.89 per diluted share, compared to $18.5 million, or $0.87 per diluted share, in the same period last year. For the full year ended December 31, 2025, net income was $68.5 million, or $3.27 per diluted share, up from $66.8 million, or $3.16 per diluted share, in 2024. **Financial Highlights** The fourth quarter of 2025 saw several key financial metrics improve: - Net interest income increased by $1.0 million (2.2%) over the third quarter of 2025. - Net interest margin rose to 3.62%, an eight basis point increase from the linked quarter. - Return on average assets was 1.35%, and return on average equity was 14.75%. - Net growth in loans amounted to $78.0 million (7.4% annualized) from September 30, 2025. - Net growth in total deposits, excluding brokered deposits, was $57.1 million (4.8% annualized) from September 30, 2025. - The tangible common equity ratio increased to 8.65%. - A dividend of 26 cents per share was paid on November 14, 2025. **Business and Operational Highlights** Independent Bank Corporation experienced strong loan growth and increased non-interest income despite a decrease in mortgage banking-related revenues. The company also executed a tax credit transfer agreement, resulting in a $1.8 million benefit, which is expected to reduce tax obligations and enhance earnings per share. **Strategic Initiatives and Corporate Developments** The Board of Directors authorized a 5% stock repurchase plan, allowing the company to purchase up to 1,100,000 shares of its common stock through December 31, 2026. For the full year of 2025, the company repurchased 407,113 shares at an aggregate cost of $12.4 million. **Management's Perspective** William B. Kessel, President and CEO, highlighted the company's strong performance, noting the increase in tangible book value by 13.3% and near-record earnings. He emphasized the company's strategic initiatives to attract and integrate talented bankers and expressed confidence in the robust commercial loan pipeline for 2026. **Future Outlook** Looking ahead to 2026, Independent Bank Corporation is optimistic about continued strong earnings, supported by a robust commercial loan pipeline and ongoing strategic initiatives. Original SEC Filing: INDEPENDENT BANK CORP /MI/ \[ IBCP \] - 8-K - Jan. 22, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### 相關股票 - [SPDR S&P Region Bank (KRE.US)](https://longbridge.com/zh-HK/quote/KRE.US.md) - [Independent Bank-Mich (IBCP.US)](https://longbridge.com/zh-HK/quote/IBCP.US.md) - [SPDR S&P Bank Etf (KBE.US)](https://longbridge.com/zh-HK/quote/KBE.US.md) - [Invesco KBW Bank (KBWB.US)](https://longbridge.com/zh-HK/quote/KBWB.US.md) ## 相關資訊與研究 - [M&T Bank authorizes $5B share buyback program](https://longbridge.com/zh-HK/news/281073436.md) - [UNISYNC Announces Voting Results of AGM](https://longbridge.com/zh-HK/news/281263422.md) - [Inspire Veterinary Partners Delays Annual SEC Filing](https://longbridge.com/zh-HK/news/281288118.md) - [The AI industry's biggest names have thoughts on whether you should have kids](https://longbridge.com/zh-HK/news/280988304.md) - [M&T Bank Announces Expanded $5 Billion Share Repurchase](https://longbridge.com/zh-HK/news/281089309.md)