Independent Bank Debt to Equity Ratio 2012-2026 | IBCP
Current and historical debt to equity ratio values for Independent Bank (IBCP) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Independent Bank debt/equity for the three months ending March 31, 2026 was 0.23.
| Independent Bank Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2026-03-31 | $5.05B | $0.51B | 9.89 |
| 2025-12-31 | $5.00B | $0.50B | 9.95 |
| 2025-09-30 | $5.00B | $0.49B | 10.19 |
| 2025-06-30 | $4.95B | $0.47B | 10.55 |
| 2025-03-31 | $4.86B | $0.47B | 10.40 |
| 2024-12-31 | $4.88B | $0.46B | 10.74 |
| 2024-09-30 | $4.81B | $0.45B | 10.63 |
| 2024-06-30 | $4.85B | $0.43B | 11.26 |
| 2024-03-31 | $4.82B | $0.42B | 11.59 |
| 2023-12-31 | $4.86B | $0.40B | 12.02 |
| 2023-09-30 | $4.83B | $0.38B | 12.87 |
| 2023-06-30 | $4.76B | $0.38B | 12.69 |
| 2023-03-31 | $4.77B | $0.37B | 12.98 |
| 2022-12-31 | $4.65B | $0.35B | 13.38 |
| 2022-09-30 | $4.60B | $0.33B | 13.84 |
| 2022-06-30 | $4.50B | $0.33B | 13.58 |
| 2022-03-31 | $4.41B | $0.36B | 12.40 |
| 2021-12-31 | $4.31B | $0.40B | 10.81 |
| 2021-09-30 | $4.22B | $0.40B | 10.56 |
| 2021-06-30 | $4.07B | $0.40B | 10.27 |
| 2021-03-31 | $4.04B | $0.39B | 10.43 |
| 2020-12-31 | $3.81B | $0.39B | 9.79 |
| 2020-09-30 | $3.80B | $0.37B | 10.17 |
| 2020-06-30 | $3.69B | $0.36B | 10.39 |
| 2020-03-31 | $3.30B | $0.34B | 9.82 |
| 2019-12-31 | $3.22B | $0.35B | 9.18 |
| 2019-09-30 | $3.21B | $0.34B | 9.44 |
| 2019-06-30 | $3.11B | $0.33B | 9.39 |
| 2019-03-31 | $3.04B | $0.35B | 8.82 |
| 2018-12-31 | $3.01B | $0.34B | 8.89 |
| 2018-09-30 | $2.95B | $0.35B | 8.55 |
| 2018-06-30 | $2.90B | $0.34B | 8.60 |
| 2018-03-31 | $2.53B | $0.27B | 9.43 |
| 2017-12-31 | $2.52B | $0.27B | 9.53 |
| 2017-09-30 | $2.49B | $0.27B | 9.29 |
| 2017-06-30 | $2.40B | $0.26B | 9.16 |
| 2017-03-31 | $2.34B | $0.26B | 9.16 |
| 2016-12-31 | $2.30B | $0.25B | 9.24 |
| 2016-09-30 | $2.29B | $0.25B | 9.12 |
| 2016-06-30 | $2.21B | $0.25B | 8.93 |
| 2016-03-31 | $2.25B | $0.24B | 9.38 |
| 2015-12-31 | $2.16B | $0.25B | 8.59 |
| 2015-09-30 | $2.14B | $0.25B | 8.47 |
| 2015-06-30 | $2.04B | $0.25B | 8.00 |
| 2015-03-31 | $2.08B | $0.25B | 8.18 |
| 2014-12-31 | $2.00B | $0.25B | 7.98 |
| 2014-09-30 | $1.99B | $0.25B | 8.07 |
| 2014-06-30 | $2.01B | $0.24B | 8.26 |
| 2014-03-31 | $2.02B | $0.24B | 8.55 |
| 2013-12-31 | $1.98B | $0.23B | 8.54 |
| 2013-09-30 | $1.96B | $0.23B | 8.64 |
| 2013-06-30 | $1.93B | $0.21B | 9.22 |
| 2013-03-31 | $1.96B | $0.14B | 13.61 |
| 2012-12-31 | $1.89B | $0.14B | 13.99 |
| 2012-09-30 | $2.28B | $0.12B | 18.76 |
| 2012-06-30 | $2.29B | $0.11B | 20.24 |
| 2012-03-31 | $2.31B | $0.11B | 22.03 |
| 2011-12-31 | $2.21B | $0.10B | 21.48 |
| 2011-09-30 | $2.21B | $0.11B | 19.92 |
| 2011-06-30 | $2.20B | $0.11B | 19.25 |
| 2011-03-31 | $2.36B | $0.11B | 20.93 |
| 2010-12-31 | $2.42B | $0.12B | 20.29 |
| 2010-09-30 | $2.61B | $0.13B | 20.88 |
| 2010-06-30 | $2.61B | $0.13B | 20.11 |
| 2010-03-31 | $2.80B | $0.10B | 28.84 |
| 2009-12-31 | $2.86B | $0.11B | 25.99 |
| 2009-09-30 | $2.80B | $0.16B | 17.71 |
| 2009-06-30 | $2.80B | $0.18B | 15.99 |
| 2009-03-31 | $2.78B | $0.18B | 15.64 |
| 2008-12-31 | $2.76B | $0.20B | 14.17 |
| 2008-09-30 | $2.91B | $0.23B | 12.93 |
| 2008-06-30 | $3.00B | $0.24B | 12.59 |
| 2008-03-31 | $3.01B | $0.24B | 12.61 |
| 2007-12-31 | $3.01B | $0.24B | 12.50 |
| 2007-09-30 | $3.01B | $0.24B | 12.32 |
| 2007-06-30 | $3.02B | $0.24B | 12.36 |
| 2007-03-31 | $3.10B | $0.25B | 12.33 |
| 2006-12-31 | $3.17B | $0.26B | 12.29 |
| 2006-09-30 | $3.21B | $0.26B | 12.34 |
| 2006-06-30 | $3.19B | $0.26B | 12.42 |
| 2006-03-31 | $3.15B | $0.25B | 12.68 |
| 2005-12-31 | $3.11B | $0.25B | 12.52 |
| 2005-09-30 | $3.07B | $0.25B | 12.21 |
| 2005-06-30 | $3.01B | $0.24B | 12.33 |
| 2005-03-31 | $2.95B | $0.24B | 12.33 |
| 2004-12-31 | $2.86B | $0.23B | 12.44 |
| 2004-09-30 | $2.77B | $0.22B | 12.45 |
| 2004-06-30 | $2.58B | $0.20B | 12.88 |
| 2004-03-31 | $2.24B | $0.17B | 12.99 |
| 2003-12-31 | $2.20B | $0.16B | 13.56 |
| 2003-09-30 | $2.16B | $0.16B | 13.97 |
| 2003-06-30 | $2.15B | $0.15B | 13.99 |
| 2003-03-31 | $1.92B | $0.15B | 13.18 |
| 2002-12-31 | $1.92B | $0.14B | 13.91 |
| 2002-09-30 | $1.91B | $0.14B | 13.78 |
| 2002-06-30 | $1.79B | $0.14B | 12.73 |
| 2002-03-31 | $1.74B | $0.13B | 13.06 |
| 2001-12-31 | $1.76B | $0.13B | 13.32 |
| 2001-09-30 | $1.74B | $0.13B | 13.19 |
| 2001-06-30 | $1.70B | $0.13B | 12.92 |
| 2001-03-31 | $1.66B | $0.13B | 12.93 |
| 2000-12-31 | $1.66B | $0.13B | 12.90 |
| 2000-09-30 | $1.65B | $0.12B | 13.24 |
| 2000-06-30 | $1.65B | $0.12B | 13.79 |
| 2000-03-31 | $1.62B | $0.12B | 13.93 |
| 1999-12-31 | $1.61B | $0.11B | 14.17 |
| 1999-09-30 | $1.57B | $0.12B | 13.38 |
| 1999-06-30 | $1.00B | $0.07B | 13.76 |
| 1999-03-31 | $0.98B | $0.07B | 13.67 |
| 1998-12-31 | $1.02B | $0.07B | 14.57 |
| 1998-09-30 | $0.98B | $0.07B | 14.36 |
| 1998-06-30 | $0.97B | $0.07B | 14.76 |
| 1998-03-31 | $0.93B | $0.06B | 14.99 |
| 1997-12-31 | $0.00B | $0.06B | 0.00 |
| 1997-09-30 | $0.00B | $0.06B | 0.00 |
| 1997-06-30 | $0.00B | $0.06B | 0.00 |
| 1997-03-31 | $0.00B | $0.05B | 0.00 |
| 1996-12-31 | $0.00B | $0.05B | 0.00 |
| 1996-09-30 | $0.00B | $0.05B | 0.00 |
| 1996-06-30 | $0.73B | $0.05B | 14.73 |
| 1996-03-31 | $0.55B | $0.05B | 11.29 |
| 1995-12-31 | $0.54B | $0.05B | 11.55 |
| 1995-09-30 | $0.00B | $0.05B | 0.00 |
| 1995-06-30 | $0.00B | $0.04B | 0.00 |
| 1995-03-31 | $0.00B | $0.04B | 0.00 |
| 1994-12-31 | $0.00B | 0.00 | |
| 1994-09-30 | $0.00B | 0.00 | |
| 1994-06-30 | $0.44B | $0.04B | 11.05 |
| 1994-03-31 | $0.45B | $0.04B | 11.30 |
| 1993-12-31 | $0.41B | $0.04B | 11.27 |
| 1993-09-30 | $0.75B | $0.06B | 13.43 |
| 1993-06-30 | $0.34B | $0.03B | 9.77 |
| 1993-03-31 | $0.35B | $0.03B | 10.37 |
| 1992-12-31 | $0.34B | $0.03B | 10.57 |
| 1992-09-30 | $0.33B | $0.03B | 10.68 |
| 1992-06-30 | $0.34B | $0.03B | 11.30 |
| 1992-03-31 | $0.35B | $0.03B | 11.98 |
| 1991-12-31 | $0.34B | $0.03B | 12.29 |
| 1991-09-30 | $0.34B | $0.03B | 12.40 |
| 1991-06-30 | $0.34B | $0.03B | 12.65 |
| 1991-03-31 | $0.34B | $0.03B | 13.53 |
| 1990-12-31 | $0.34B | $0.03B | 13.65 |
| 1990-09-30 | $0.31B | $0.02B | 12.73 |
| 1990-06-30 | $0.30B | $0.02B | 13.00 |
| 1990-03-31 | $0.31B | $0.02B | 13.29 |
| 1989-12-31 | $0.31B | $0.02B | 13.39 |
| 1989-09-30 | $0.30B | $0.02B | 13.46 |
| 1989-06-30 | $0.30B | $0.02B | 13.54 |
| 1989-03-31 | $0.29B | $0.02B | 13.49 |
| 1988-12-31 | $0.29B | $0.02B | 13.89 |
| 1988-09-30 | $0.29B | $0.02B | 14.12 |
| 1988-06-30 | $0.28B | $0.02B | 13.96 |
| 1988-03-31 | $0.27B | $0.02B | 13.83 |
| 1987-12-31 | $0.27B | $0.02B | 16.22 |
| 1987-09-30 | $0.23B | $0.02B | 13.97 |
| 1987-06-30 | $0.23B | $0.02B | 14.30 |
| 1987-03-31 | $0.23B | $0.02B | 14.54 |
| 1986-12-31 | $0.23B | $0.02B | 14.83 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Finance | Banks - Midwest | $0.714B | $0.315B |
| Independent Bank Corporation is a bank holding company. Its subsidiary banks principally serve rural and suburban communities located across Michigan's Lower Peninsula. The Banks emphasize service and convenience as a principal means of competing in the delivery of financial services. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Huntington Bancshares (HBAN) | United States | $33.368B | 10.99 |
| Wintrust Financial (WTFC) | United States | $9.840B | 12.49 |
| UMB Financial (UMBF) | United States | $9.154B | 10.62 |
| Old National Bancorp (ONB) | United States | $9.075B | 10.73 |
| Commerce Bancshares (CBSH) | United States | $7.414B | 12.05 |
| Associated Banc-Corp (ASB) | United States | $4.543B | 9.92 |
| First Interstate BancSystem (FIBK) | United States | $3.441B | 11.54 |
| First Financial Bancorp (FFBC) | United States | $3.074B | 10.03 |
| First Merchants (FRME) | United States | $2.601B | 10.56 |
| First Busey (BUSE) | United States | $2.280B | 10.58 |
| Enterprise Financial Services (EFSC) | United States | $2.132B | 11.04 |
| 1st Source (SRCE) | United States | $1.798B | 11.53 |
| German American Bancorp (GABC) | United States | $1.652B | 12.48 |
| Lakeland Financial (LKFN) | United States | $1.538B | 15.18 |
| QCR Holdings (QCRH) | United States | $1.520B | 11.88 |
| Peoples Bancorp (PEBO) | United States | $1.232B | 11.00 |
| Old Second Bancorp (OSBC) | United States | $1.103B | 10.45 |
| FirstSun Capital Bancorp (FSUN) | United States | $1.052B | 10.67 |
| MidWestOne Financial (MOFG) | United States | $1.017B | 17.24 |
| Mercantile Bank (MBWM) | United States | $0.924B | 9.80 |
| First Financial Indiana (THFF) | United States | $0.795B | 10.01 |
| Civista Bancshares (CIVB) | United States | $0.593B | 8.75 |
| Farmers National Banc (FMNB) | United States | $0.524B | 8.79 |
| First Business Financial Services (FBIZ) | United States | $0.489B | 9.85 |
| Ames National (ATLO) | United States | $0.260B | 13.69 |
| First Western Financial (MYFW) | United States | $0.258B | 19.62 |
| Ohio Valley Banc (OVBC) | United States | $0.215B | 13.77 |
| Eagle Bancorp Montana (EBMT) | United States | $0.175B | 11.66 |
| CSB Bancorp (CSBB) | United States | $0.163B | 12.25 |
| BNCCORP (BNCC) | United States | $0.124B | 14.07 |
| United Bancshares (UBOH) | United States | $0.103B | 9.22 |
| United Bancorp (UBCP) | United States | $0.093B | 12.10 |
| Solera National Bancorp (SLRK) | United States | $0.082B | 3.55 |
| Central Plains Bancshares (CPBI) | United States | $0.075B | 17.20 |
| Commercial National Financial (CEFC) | United States | $0.056B | 8.44 |