Independent Bank Corporation Reports a Net Income of $12.99 Million in Q1 2023
Q1 2023 Revenue for Independent Bank Corporation Amounts to $53.94 Million
By USInMinutes
Published - Jul 25, 2023, 11:48 AM ET
Last Updated - Jul 25, 2023, 11:48 AM EDT
Independent Bank Corporation(IBCP) and its subsidiaries released the ir condensed consolidated financial statements for the first quarter of 2023, revealing a net income of $12.99 million and total revenue of $53.94 million. The financial data highlights the company's assets, liabilities, and shareholders' equity as of March 31, 2023, along with a comparison to the figures from December 31, 2022.
Net Income/Loss
In the first quarter of 2023, Independent Bank Corporation reported a net income of $12.99 million. This marks a significant financial achievement for the company as it indicates its profitability during the period.
