American Exceptionalism Acquisition Corp. reports FY23 Q3 revenue, net income.

• American Exceptionalism Acquisition Corp. A's financial statement is audited. • The balance sheet as of September 29, 2025, is presented fairly. • The financial statement conforms with accounting principles generally accepted. • The report is from the independent registered public accounting firm. • The report is to the shareholders and the board of directors.

Independent Bank Corporation (IBCP) has scheduled its third quarter 2025 earnings release for October 28, 2025, at 8:00 am ET. The company will host a conference call at 11:00 am ET the same day, featuring President and CEO Brad Kessel, CFO Gavin Mohr, and EVP Commercial Banking Joel Rahn Independent Bk Corp Mich Stock Price, News & Analysis^[1].

The bank, with total assets of $5.4 billion, operates a network of branches across Michigan's Lower Peninsula. Founded in 1864 as First National Bank of Ionia, IBCP provides comprehensive financial services including commercial banking, mortgage lending, investments, insurance, and title services.

Q3 2025 Financial Highlights

- Net Income: IBCP reported a net income of $16.9 million for Q3 2025, or $0.81 per diluted share, compared to $18.5 million, or $0.88 per share, in Q2 2024 .
- Loan Growth: The bank demonstrated strong performance with 9.0% annualized loan growth and a net interest margin expansion of 9 basis points compared to Q1 2025.
- Credit Quality: IBCP maintained strong credit quality with non-performing assets at 0.16% of total assets and net charge-offs of 0.02%.
- Capital Position: The bank's capital position is robust, with tangible common equity at $439.7 million.

Dividend Update

IBCP has declared a quarterly cash dividend of $0.26 per share on its common stock. The dividend will be paid on August 15, 2025, to shareholders of record as of August 5, 2025 .

Recent News

- Q2 2025 Earnings Release: IBCP reported Q2 2025 net income of $16.9 million, or $0.81 per diluted share, compared to $18.5 million, or $0.88 per share, in Q2 2024 .
- Michael Magee Jr. Passing: The bank announced the passing of Michael M. Magee, Jr., a former Chairman of the Board of Directors and long-serving executive, on August 3, 2025 .

Market Performance

As of September 12, 2025, the current stock price of IBCP is $31.53, and the market cap is approximately $649.5 million .

Conclusion

Independent Bank Corporation continues to demonstrate strong financial performance, with consistent growth in loans and deposits, robust capital position, and a commitment to dividend payouts. The upcoming Q3 2025 earnings release will provide further insights into the bank's financial health and strategic initiatives.

References

Independent Bk Corp Mich Stock Price, News & Analysis^[1] https://www.stocktitan.net/news/IBCP/
https://www.stocktitan.net/news/IBCP/
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