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Independent Bank Corporation Reports 2025 Second Quarter Results

Second Quarter Highlights Highlights for the second quarter of 2025 include: Increase in net interest income of 0.9million(or2.10.9 million (or 2.1% ) over the first quarter of 2025;Increase in tangible common equity per share of common stock of 0.36 (or 6.9% annualized) from March 31, 2025;Net interest margin expansion of nine basis points compared to March 31, 2025;Net growth in loans of $91.7 million (or 9.0% annualized) from March 31, 2025; andThe payment of a 26 cent per share dividend on common stock on May 15, 202 ...