Market cap
$810m
Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
These sources of revenue that are excluded from the scope of this topic include interest income, net gains on mortgage loans, net gains (losses) o n securities AFS, mortgage loan servicing, net and bank owned life insurance and were approximat ely 88.7 % and 88.6 % of total revenues for the six month periods ending June 30, 2026 and 2025, respectively. This increase primarily reflects a $183.6 million increase in average interest-earning assets and a 13 basis point increase in our tax equivalent net interest income as a percent of average interest-earning assets (the “net interest margin”). …INDEPENDENT BANK CORP /MI/, 10-Q, period ended 2026-06-30, filed 2026-08-05