Independent Bank Debt to Equity Ratio 2010-2024 | 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, 2024 was 0.18.
Independent Bank Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
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
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.804B $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
Huntington Bancshares (HBAN) United States $25.991B 15.16
Commerce Bancshares (CBSH) United States $9.450B 19.19
Wintrust Financial (WTFC) United States $9.115B 14.35
Old National Bancorp (ONB) United States $6.906B 11.83
UMB Financial (UMBF) United States $6.100B 13.63
Associated Banc-Corp (ASB) United States $4.131B 12.82
First Interstate BancSystem (FIBK) United States $3.595B 14.57
Heartland Financial USA (HTLF) United States $2.896B 14.68
First Financial Bancorp (FFBC) United States $2.851B 11.80
First Merchants (FRME) United States $2.584B 13.15
Enterprise Financial Services (EFSC) United States $2.255B 12.71
Lakeland Financial (LKFN) United States $1.923B 21.48
1st Source (SRCE) United States $1.625B 12.63
QCR Holdings (QCRH) United States $1.563B 13.11
First Busey (BUSE) United States $1.553B 13.19
German American Bancorp (GABC) United States $1.364B 16.59
Peoples Bancorp (PEBO) United States $1.273B 9.90
FirstSun Capital Bancorp (FSUN) United States $1.049B 0.00
Old Second Bancorp (OSBC) United States $0.839B 10.06
Mercantile Bank (MBWM) United States $0.813B 10.12
MidWestOne Financial (MOFG) United States $0.700B 19.26
Farmers National Banc (FMNB) United States $0.593B 12.05
First Financial Indiana (THFF) United States $0.588B 13.50
First Business Financial Services (FBIZ) United States $0.419B 10.83
Civista Bancshares (CIVB) United States $0.360B 11.39
Heartland BancCorp (HLAN) United States $0.330B 16.74
First Western Financial (MYFW) United States $0.207B 34.47
Fentura Financial (FETM) United States $0.200B 21.11
Eagle Bancorp Montana (EBMT) United States $0.137B 15.80
Ohio Valley Banc (OVBC) United States $0.131B 11.23
BNCCORP (BNCC) United States $0.108B 13.80
CSB Bancorp (CSBB) United States $0.103B 9.13
United Bancorp (UBCP) United States $0.076B 9.57
United Bancshares (UBOH) United States $0.066B 7.82
Central Plains Bancshares (CPBI) United States $0.059B 0.00
Ames National (ATLO) United States $0.000B 16.47