Independent Bank Corporation (NASDAQ: IBCP) has declared a quarterly cash dividend of $0.20 per share on its common stock. The dividend will be payable on November 15, 2025, to shareholders of record as of November 1, 2025. This marks the 65th consecutive quarterly cash dividend paid by Independent Bank Corporation. The bank has been serving Michigan communities for over 150 years and continues to prioritize shareholder value through consistent dividends.

In other news, Independent Bank Corporation reported third quarter 2025 net income of $23.5 million, or $1.17 per diluted share. This represents an increase from the $21.2 million, or $1.06 per diluted share, reported in the third quarter of 2024. Total assets as of September 30, 2025, were $4.0 billion, reflecting a 6.1% increase from the same period last year. The bank’s net interest margin for the quarter was 3.48%, up from 3.44% in the third quarter of 2024. Independent Bank Corporation remains committed to sustainable growth and financial stability in the Michigan market.

Read more at Barchart: Independent Bank Corporation Announces Quarterly Cash Dividend on Common Stock