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Independent Bank Co. (NASDAQ:IBCP – Get Free Report) Director Dennis W. Archer, Jr. bought 1,000 shares of Independent Bank stock in a transaction dated Thursday, May 4th. The shares were purchased at an average cost of $15.58 per share, for a total transaction of $15,580.00. Following the completion of the transaction, the director now owns […] ....
Brokerages expect Independent Bank Co. (NASDAQ:IBCP – Get Rating) to report $47.67 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Independent Bank’s earnings. The lowest sales estimate is $47.40 million and the highest is $48.20 million. Independent Bank posted sales of $46.16 million in the […] ....
Independent Bank (NASDAQ:IBCP – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Tuesday, Zacks.com reports. According to Zacks, “Independent Bank Corporation is a bank holding company. Its subsidiary banks principally serve rural and suburban communities located across Michigan’s Lower Peninsula. The […] ....