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Mark Sanchez

Mark Sanchez

Senior Writer

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Independent Bank Corp. today reported lower quarterly net income of $1.7 million, or 8 cents per diluted share, to end 2017’s fourth quarter, resulting from a reevaluation of a deferred tax asset following federal tax reform late last year.

Chemical Financial Corp. has completed a restructuring that was designed to drive $20 million in annualized cost savings and put more focus on commercial lending.

The deal to buy a majority stake in Muskegon-based Shoreline Vision serves as the largest transaction yet for Great Lakes Management Services Organization.

GRAND RAPIDS — With construction of the $37.5 million Raleigh J. Finkelstein Hall and work set to begin later this year on another facility along the Medical Mile, Grand Valley State University expects to expand its health care programs.

Over the last couple of years, Eric Seifert has started hearing from past clients whom he helped get commercial loans to start their businesses more than two decades ago.

Venture capital investors put more money into a similar numbers of deals in 2017 compared to the prior year, a sign that target companies are maturing and securing larger capital rounds.

ALLEGAN — As Perrigo Co. plc transitions to a new CEO, John Hendrickson thinks the company is “positioned in exactly the right place.”

Mercantile Bank recorded slightly lower earnings for 2017, although executives say they’re satisfied with the bank’s performance.

Physician practices in Michigan drive $59.1 billion in economic output and support more than 305,000 jobs, according to a new study from the American Medical Association.

GRAND RAPIDS — SpendMend LLC, a company that provides spending visibility and audit and recovery services to the health care industry, sold a majority stake to Chicago-based private equity firm Sheridan Capital Partners.

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