Independent Bank Debt to Equity Ratio 2006-2018 | 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 September 30, 2018 was 0.34.
Independent Bank Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2018-09-30 $0.12B $0.35B 0.35
2018-06-30 $0.08B $0.34B 0.24
2018-03-31 $0.06B $0.27B 0.24
2017-12-31 $0.09B $0.27B 0.34
2017-09-30 $0.11B $0.27B 0.41
2017-06-30 $0.12B $0.26B 0.46
2017-03-31 $0.05B $0.26B 0.18
2016-12-31 $0.05B $0.25B 0.18
2016-09-30 $0.05B $0.25B 0.19
2016-06-30 $0.05B $0.25B 0.19
2016-03-31 $0.05B $0.24B 0.20
2015-12-31 $0.05B $0.25B 0.19
2015-09-30 $0.05B $0.25B 0.19
2015-06-30 $0.05B $0.25B 0.19
2015-03-31 $0.05B $0.25B 0.19
2014-12-31 $0.05B $0.25B 0.19
2014-09-30 $0.07B $0.25B 0.27
2014-06-30 $0.07B $0.24B 0.28
2014-03-31 $0.05B $0.24B 0.23
2013-12-31 $0.06B $0.23B 0.25
2013-09-30 $0.07B $0.23B 0.30
2013-06-30 $0.07B $0.12B 0.55
2013-03-31 $0.07B $0.06B 1.15
2012-12-31 $0.07B $0.05B 1.34
2012-09-30 $0.07B $0.04B 1.77
2012-06-30 $0.07B $0.03B 2.19
2012-03-31 $0.08B $0.02B 3.45
2011-12-31 $0.08B $0.02B 3.67
2011-09-30 $0.09B $0.03B 2.68
2011-06-30 $0.09B $0.04B 2.48
2011-03-31 $0.10B $0.04B 2.66
2010-12-31 $0.12B $0.04B 2.79
2010-09-30 $0.18B $0.05B 3.43
2010-06-30 $0.18B $0.06B 3.10
2010-03-31 $0.25B $0.03B 8.98
2009-12-31 $0.22B $0.04B 5.51
2009-09-30 $0.26B $0.09B 2.86
2009-06-30 $0.35B $0.11B 3.29
2009-03-31 $0.54B $0.11B 4.94
2008-12-31 $0.64B $0.13B 5.02
2008-09-30 $0.71B $0.23B 3.13
2008-06-30 $0.80B $0.24B 3.34
2008-03-31 $0.64B $0.24B 2.67
2007-12-31 $0.40B $0.24B 1.64
2007-09-30 $0.20B $0.24B 0.82
2007-06-30 $0.13B $0.24B 0.52
2007-03-31 $0.13B $0.25B 0.50
2006-12-31 $0.23B $0.26B 0.88
2006-09-30 $0.20B $0.26B 0.77
2006-06-30 $0.27B $0.26B 1.04
2006-03-31 $0.23B $0.25B 0.94
2005-12-31 $0.29B $0.25B 1.17
2005-09-30 $0.33B $0.25B 1.32
2005-06-30 $0.42B $0.24B 1.72
2005-03-31 $0.38B $0.24B 1.58
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.514B $0.141B
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 $13.821B 11.13
Commerce Bancshares (CBSH) United States $6.586B 16.76
Wintrust Financial (WTFC) United States $3.995B 12.49
Associated Banc-Corp (ASB) United States $3.520B 11.17
TCF Financial (TCF) United States $3.478B 12.12
UMB Financial (UMBF) United States $3.127B 14.03
Chemical Financial (CHFC) United States $3.076B 11.39
Old National Bancorp (ONB) United States $2.593B 14.30
First Financial Bancorp (FFBC) United States $2.508B 12.09
First Interstate BancSystem (FIBK) United States $2.395B 14.42
First Midwest Bancorp (FMBI) United States $2.301B 14.14
First Merchants (FRME) United States $1.911B 12.91
Heartland Financial USA (HTLF) United States $1.707B 14.65
Park National (PRK) United States $1.418B 13.11
First Busey (BUSE) United States $1.290B 13.27
1st Source (SRCE) United States $1.179B 15.56
Lakeland Financial (LKFN) United States $1.077B 14.67
Enterprise Financial Services (EFSC) United States $0.957B 12.46
German American Bancorp (GABC) United States $0.725B 15.38
Peoples Bancorp (PEBO) United States $0.630B 13.22
First Financial Indiana (THFF) United States $0.533B 12.02
QCR Holdings (QCRH) United States $0.530B 11.78
Mercantile Bank (MBWM) United States $0.472B 12.26
Old Second Bancorp (OSBC) United States $0.398B 12.06
Farmers National Banc (FMNB) United States $0.351B 11.39
Macatawa Bank (MCBC) United States $0.323B 13.57
MidWestOne Financial (MOFG) United States $0.323B 12.75
Civista Bancshares (CIVB) United States $0.294B 11.05
Ames National (ATLO) United States $0.247B 14.83
M B T Financial Corp (MBTF) United States $0.242B 12.87
First Business Financial Services (FBIZ) United States $0.178B 10.92
Ohio Valley Banc (OVBC) United States $0.168B 15.53
Mackinac Financial (MFNC) United States $0.143B 11.41
First Western Financial (MYFW) United States $0.097B 0.00
Eagle Bancorp Montana (EBMT) United States $0.090B 15.67
United Bancshares (UBOH) United States $0.072B 10.79
United Bancorp (UBCP) United States $0.067B 13.09