|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||17.25 - 17.82|
|52 Week Range||9.19 - 22.98|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||7.49|
|Earnings Date||Jan 28, 2021|
|Forward Dividend & Yield||0.80 (4.59%)|
|Ex-Dividend Date||Nov 04, 2020|
|1y Target Est||17.80|
GRAND RAPIDS, Mich., Dec. 01, 2020 (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 2020 fourth quarter financial results on Thursday, January 28, 2021, 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 and Gavin Mohr, CFO will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 28, 2021.To participate in the live conference call, please dial 1-866-200-8394. Also the conference call will be accessible through an audio webcast with user-controlled slides via the following event site/URL: https://services.choruscall.com/links/ibcp210128.html.A playback of the call can be accessed by dialing 1-877-344-7529 (Conference ID 10150378). The replay will be available through February 4, 2021.About Independent Bank CorporationIndependent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $4.2 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, insurance and title 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
Independent Bank (IBCP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Independent Bank Corporation (IBCP) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.