Independent Bank ROE 2010-2023 | 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.
Independent Bank ROE - Return on Equity Historical Data
Date TTM Net Income Shareholder's Equity Return on Equity
2023-12-31 $0.06B $0.40B 15.77%
2023-09-30 $0.06B $0.38B 16.64%
2023-06-30 $0.06B $0.38B 16.87%
2023-03-31 $0.06B $0.37B 16.82%
2022-12-31 $0.06B $0.35B 18.45%
2022-09-30 $0.06B $0.33B 17.23%
2022-06-30 $0.06B $0.33B 16.17%
2022-03-31 $0.06B $0.36B 15.24%
2021-12-31 $0.06B $0.40B 15.94%
2021-09-30 $0.07B $0.40B 17.04%
2021-06-30 $0.07B $0.40B 18.37%
2021-03-31 $0.07B $0.39B 19.67%
2020-12-31 $0.06B $0.39B 15.68%
2020-09-30 $0.05B $0.37B 15.28%
2020-06-30 $0.05B $0.36B 13.32%
2020-03-31 $0.04B $0.34B 12.38%
2019-12-31 $0.05B $0.35B 13.47%
2019-09-30 $0.04B $0.34B 12.40%
2019-06-30 $0.04B $0.33B 12.35%
2019-03-31 $0.04B $0.35B 11.71%
2018-12-31 $0.04B $0.34B 12.41%
2018-09-30 $0.03B $0.35B 10.53%
2018-06-30 $0.03B $0.34B 9.49%
2018-03-31 $0.02B $0.27B 9.03%
2017-12-31 $0.02B $0.27B 8.00%
2017-09-30 $0.03B $0.27B 9.67%
2017-06-30 $0.02B $0.26B 9.44%
2017-03-31 $0.02B $0.26B 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 $0.24B 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 $0.25B 7.37%
2014-09-30 $0.02B $0.25B 7.92%
2014-06-30 $0.02B $0.24B 10.22%
2014-03-31 $0.08B $0.24B 35.36%
2013-12-31 $0.08B $0.23B 40.39%
2013-09-30 $0.09B $0.23B 49.23%
2013-06-30 $0.08B $0.21B 54.43%
2013-03-31 $0.02B $0.14B 18.68%
2012-12-31 $0.02B $0.14B 17.68%
2012-09-30 $0.00B $0.12B 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 $0.10B -21.77%
2011-09-30 $-0.02B $0.11B -16.63%
2011-06-30 $-0.02B $0.11B -18.68%
2011-03-31 $-0.01B $0.11B -11.50%
2010-12-31 $-0.02B $0.12B -17.83%
2010-09-30 $-0.07B $0.13B -56.28%
2010-06-30 $-0.08B $0.13B -61.41%
2010-03-31 $-0.09B $0.10B -65.93%
2009-12-31 $-0.09B $0.11B -60.65%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.509B $0.290B
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
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Commerce Bancshares (CBSH) United States $6.994B 15.02
Wintrust Financial (WTFC) United States $6.008B 10.06
Old National Bancorp (ONB) United States $4.750B 7.90
UMB Financial (UMBF) United States $3.969B 9.99
Associated Banc-Corp (ASB) United States $3.093B 9.01
First Interstate BancSystem (FIBK) United States $2.661B 9.96
First Financial Bancorp (FFBC) United States $2.081B 7.90
First Merchants (FRME) United States $2.020B 8.74
Lakeland Financial (LKFN) United States $1.601B 17.77
Heartland Financial USA (HTLF) United States $1.489B 7.67
Enterprise Financial Services (EFSC) United States $1.489B 7.73
First Busey (BUSE) United States $1.261B 10.18
1st Source (SRCE) United States $1.223B 9.94
Peoples Bancorp (PEBO) United States $1.011B 7.23
German American Bancorp (GABC) United States $0.981B 11.36
QCR Holdings (QCRH) United States $0.964B 8.41
Old Second Bancorp (OSBC) United States $0.646B 7.22
Mercantile Bank (MBWM) United States $0.582B 6.99
Macatawa Bank (MCBC) United States $0.486B 11.21
Farmers National Banc (FMNB) United States $0.466B 7.48
First Financial Indiana (THFF) United States $0.433B 7.19
MidWestOne Financial (MOFG) United States $0.327B 9.06
First Business Financial Services (FBIZ) United States $0.285B 7.89
Civista Bancshares (CIVB) United States $0.236B 5.48
Heartland BancCorp (HLAN) United States $0.177B 8.85
Ames National (ATLO) United States $0.172B 15.83
First Western Financial (MYFW) United States $0.142B 17.20
Ohio Valley Banc (OVBC) United States $0.113B 8.87
Fentura Financial (FETM) United States $0.107B 7.07
CSB Bancorp (CSBB) United States $0.107B 7.27
Eagle Bancorp Montana (EBMT) United States $0.100B 9.61
BNCCORP (BNCC) United States $0.079B 13.78
United Bancorp (UBCP) United States $0.075B 8.37
United Bancshares (UBOH) United States $0.056B 6.58
Central Plains Bancshares (CPBI) United States $0.042B 0.00