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 $0.815B $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 $25.787B 15.04
Commerce Bancshares (CBSH) United States $9.225B 18.73
Wintrust Financial (WTFC) United States $8.845B 13.93
Old National Bancorp (ONB) United States $7.148B 12.25
UMB Financial (UMBF) United States $6.173B 13.80
Associated Banc-Corp (ASB) United States $4.181B 12.98
First Interstate BancSystem (FIBK) United States $3.547B 14.38
Heartland Financial USA (HTLF) United States $2.954B 14.97
First Financial Bancorp (FFBC) United States $2.831B 11.72
First Merchants (FRME) United States $2.609B 13.27
Enterprise Financial Services (EFSC) United States $2.235B 12.59
Lakeland Financial (LKFN) United States $1.926B 21.51
1st Source (SRCE) United States $1.641B 12.75
First Busey (BUSE) United States $1.557B 13.23
QCR Holdings (QCRH) United States $1.549B 12.99
German American Bancorp (GABC) United States $1.368B 16.65
Peoples Bancorp (PEBO) United States $1.272B 9.89
FirstSun Capital Bancorp (FSUN) United States $1.018B 0.00
Old Second Bancorp (OSBC) United States $0.832B 9.98
Mercantile Bank (MBWM) United States $0.813B 10.11
Farmers National Banc (FMNB) United States $0.599B 12.16
First Financial Indiana (THFF) United States $0.591B 13.56
MidWestOne Financial (MOFG) United States $0.528B 19.14
First Business Financial Services (FBIZ) United States $0.420B 10.87
Civista Bancshares (CIVB) United States $0.366B 11.57
Heartland BancCorp (HLAN) United States $0.342B 17.35
Fentura Financial (FETM) United States $0.202B 21.33
First Western Financial (MYFW) United States $0.197B 32.85
Eagle Bancorp Montana (EBMT) United States $0.136B 15.76
Ohio Valley Banc (OVBC) United States $0.114B 9.82
CSB Bancorp (CSBB) United States $0.104B 9.14
BNCCORP (BNCC) United States $0.100B 12.72
United Bancorp (UBCP) United States $0.079B 9.59
United Bancshares (UBOH) United States $0.064B 7.67
Central Plains Bancshares (CPBI) United States $0.061B 0.00
Ames National (ATLO) United States $0.000B 17.06