NASDAQ:IBCP

Independent Bank stock moves lower with new HCB merger filing, June vote now on table
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Independent Bank stock moves lower with new HCB merger filing, June vote now on table

Independent Bank shares fell 0.8% Wednesday after a prospectus detailed its planned $70.2 million buyout of HCB Financial, with a shareholder vote set for June 17. Each HCB share would convert to $17.51 cash plus 1.59 Independent shares. The deal still needs regulatory and shareholder approval. Independent’s first-quarter net income rose to $16.9 million from $15.6 million a year earlier.
May 27, 2026

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