Independent Bank ROE 2012-2026 | IBCP

Current and historical return on equity (ROE) values for Independent Bank (IBCP) over the last 10 years. Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
Independent Bank ROE - Return on Equity Historical Data
Date TTM Net Income Shareholder's Equity Return on Equity
2026-03-31 $0.07B $0.49B 14.39%
2025-12-31 $0.07B $0.48B 14.51%
2025-09-30 $0.07B $0.47B 14.67%
2025-06-30 $0.07B $0.46B 14.11%
2025-03-31 $0.07B $0.45B 14.86%
2024-12-31 $0.07B $0.44B 15.29%
2024-09-30 $0.06B $0.43B 14.81%
2024-06-30 $0.07B $0.41B 16.49%
2024-03-31 $0.06B $0.39B 16.05%
2023-12-31 $0.06B $0.38B 15.77%
2023-09-30 $0.06B $0.37B 16.64%
2023-06-30 $0.06B $0.36B 16.87%
2023-03-31 $0.06B $0.35B 16.82%
2022-12-31 $0.06B $0.34B 18.45%
2022-09-30 $0.06B $0.35B 17.23%
2022-06-30 $0.06B $0.37B 16.17%
2022-03-31 $0.06B $0.39B 15.24%
2021-12-31 $0.06B $0.40B 15.94%
2021-09-30 $0.07B $0.39B 17.04%
2021-06-30 $0.07B $0.39B 18.37%
2021-03-31 $0.07B $0.38B 19.67%
2020-12-31 $0.06B $0.36B 15.68%
2020-09-30 $0.05B $0.35B 15.28%
2020-06-30 $0.05B $0.35B 13.32%
2020-03-31 $0.04B $0.34B 12.38%
2019-12-31 $0.05B $0.34B 13.47%
2019-09-30 $0.04B $0.34B 12.40%
2019-06-30 $0.04B $0.34B 12.35%
2019-03-31 $0.04B $0.34B 11.71%
2018-12-31 $0.04B $0.32B 12.41%
2018-09-30 $0.03B $0.30B 10.53%
2018-06-30 $0.03B $0.29B 9.49%
2018-03-31 $0.02B $0.27B 9.03%
2017-12-31 $0.02B $0.26B 8.00%
2017-09-30 $0.03B $0.26B 9.67%
2017-06-30 $0.02B $0.25B 9.44%
2017-03-31 $0.02B $0.25B 9.58%
2016-12-31 $0.02B $0.25B 8.92%
2016-09-30 $0.02B $0.25B 8.90%
2016-06-30 $0.02B $0.25B 8.48%
2016-03-31 $0.02B $0.25B 8.42%
2015-12-31 $0.02B $0.25B 8.30%
2015-09-30 $0.02B $0.25B 7.52%
2015-06-30 $0.02B $0.25B 7.56%
2015-03-31 $0.02B $0.25B 7.65%
2014-12-31 $0.02B $0.24B 7.37%
2014-09-30 $0.02B $0.24B 7.92%
2014-06-30 $0.02B $0.24B 10.22%
2014-03-31 $0.08B $0.23B 35.36%
2013-12-31 $0.08B $0.20B 40.39%
2013-09-30 $0.09B $0.18B 49.23%
2013-06-30 $0.08B $0.15B 54.43%
2013-03-31 $0.02B $0.13B 18.68%
2012-12-31 $0.02B $0.12B 17.68%
2012-09-30 $0.00B $0.11B 0.00%
2012-06-30 $-0.01B $0.11B -9.26%
2012-03-31 $-0.01B $0.11B -12.93%
2011-12-31 $-0.02B $0.11B -21.77%
2011-09-30 $-0.02B $0.11B -16.63%
2011-06-30 $-0.02B $0.12B -18.68%
2011-03-31 $-0.01B $0.12B -11.50%
2010-12-31 $-0.02B $0.12B -17.83%
2010-09-30 $-0.07B $0.12B -56.28%
2010-06-30 $-0.08B $0.12B -61.41%
2010-03-31 $-0.09B $0.14B -65.93%
2009-12-31 $-0.09B $0.16B -60.65%
2009-09-30 $-0.14B $0.18B -76.60%
2009-06-30 $-0.12B $0.19B -62.69%
2009-03-31 $-0.11B $0.21B -53.65%
2008-12-31 $-0.09B $0.22B -41.03%
2008-09-30 $0.00B $0.24B 0.00%
2008-06-30 $0.01B $0.24B 3.74%
2008-03-31 $0.01B $0.24B 2.48%
2007-12-31 $0.01B $0.25B 4.08%
2007-09-30 $0.01B $0.25B 3.21%
2007-06-30 $0.01B $0.25B 5.52%
2007-03-31 $0.03B $0.26B 9.74%
2006-12-31 $0.03B $0.26B 12.89%
2006-09-30 $0.04B $0.25B 17.36%
2006-06-30 $0.05B $0.25B 18.29%
2006-03-31 $0.05B $0.25B 18.93%
2005-12-31 $0.05B $0.25B 18.72%
2005-09-30 $0.05B $0.24B 19.07%
2005-06-30 $0.04B $0.23B 18.82%
2005-03-31 $0.04B $0.22B 18.41%
2004-12-31 $0.04B $0.21B 18.42%
2004-09-30 $0.04B $0.19B 19.02%
2004-06-30 $0.04B $0.17B 20.87%
2004-03-31 $0.04B $0.16B 22.36%
2003-12-31 $0.04B $0.15B 24.03%
2003-09-30 $0.04B $0.15B 24.32%
2003-06-30 $0.03B $0.14B 22.96%
2003-03-31 $0.03B $0.14B 22.06%
2002-12-31 $0.03B $0.14B 21.09%
2002-09-30 $0.03B $0.14B 20.59%
2002-06-30 $0.03B $0.14B 20.07%
2002-03-31 $0.03B $0.13B 19.70%
2001-12-31 $0.02B $0.13B 18.36%
2001-09-30 $0.02B $0.13B 16.96%
2001-06-30 $0.02B $0.13B 16.44%
2001-03-31 $0.02B $0.13B 16.00%
2000-12-31 $0.02B $0.12B 15.54%
2000-09-30 $0.02B $0.12B 14.32%
2000-06-30 $0.01B $0.12B 9.40%
2000-03-31 $0.01B $0.11B 8.55%
1999-12-31 $0.01B $0.09B 8.51%
1999-09-30 $0.01B $0.08B 9.64%
1999-06-30 $0.01B $0.07B 16.96%
1999-03-31 $0.01B $0.07B 17.39%
1998-12-31 $0.01B $0.07B 16.54%
1998-09-30 $0.01B $0.06B 15.63%
1998-06-30 $0.01B $0.06B 14.63%
1998-03-31 $0.01B $0.06B 13.62%
1997-12-31 $0.01B $0.06B 14.16%
1997-09-30 $0.01B $0.06B 14.68%
1997-06-30 $0.01B $0.05B 15.17%
1997-03-31 $0.01B $0.05B 15.61%
1996-12-31 $0.01B $0.05B 16.00%
1996-09-30 $0.01B $0.05B 16.41%
1996-06-30 $0.01B $0.05B 16.93%
1996-03-31 $0.01B $0.05B 17.39%
1995-12-31 $0.01B $0.05B 17.98%
1995-09-30 $0.01B $0.03B 24.43%
1995-06-30 $0.01B $0.02B 37.21%
1995-03-31 $0.01B $0.02B 34.15%
1994-12-31 $0.01B $0.02B 30.00%
1994-09-30 $0.01B $0.03B 17.24%
1994-06-30 $0.00B $0.04B 9.30%
1994-03-31 $0.00B $0.04B 9.64%
1993-12-31 $0.00B $0.04B 10.06%
1993-09-30 $0.00B $0.04B 10.32%
1993-06-30 $0.00B $0.03B 12.31%
1993-03-31 $0.00B $0.03B 12.70%
1992-12-31 $0.00B $0.03B 13.11%
1992-09-30 $0.00B $0.03B 13.56%
1992-06-30 $0.00B $0.03B 14.04%
1992-03-31 $0.00B $0.03B 14.41%
1991-12-31 $0.00B $0.03B 14.95%
1991-09-30 $0.00B $0.03B 15.38%
1991-06-30 $0.00B $0.03B 15.84%
1991-03-31 $0.00B $0.02B 16.49%
1990-12-31 $0.00B $0.02B 12.63%
1990-09-30 $0.00B $0.02B 12.90%
1990-06-30 $0.00B $0.02B 13.19%
1990-03-31 $0.00B $0.02B 13.33%
1989-12-31 $0.00B $0.02B 18.18%
1989-09-30 $0.00B $0.02B 18.60%
1989-06-30 $0.00B $0.02B 19.05%
1989-03-31 $0.00B $0.02B 14.63%
1988-12-31 $0.00B $0.02B 10.00%
1988-09-30 $0.00B $0.02B 5.26%
1988-06-30 $0.00B $0.02B 5.56%
1988-03-31 $0.00B $0.02B 11.76%
1987-12-31 $0.00B $0.02B 12.31%
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