Independent Bank Price to Book Ratio 2010-2024 | IBCP
Historical price to book ratio values for Independent Bank (IBCP) over the last 10 years. The current price to book ratio for Independent Bank as of November 12, 2024 is 1.80.
Please refer to the Stock Price Adjustment Guide for more information on our historical prices.
| Independent Bank Price/Book Ratio Historical Data |
| Date |
Stock Price |
Book Value per Share |
Price to Book Ratio |
| 2024-11-12 |
38.53 |
|
1.78 |
| 2024-09-30 |
33.11 |
$21.65 |
1.53 |
| 2024-06-30 |
26.60 |
$20.60 |
1.29 |
| 2024-03-31 |
24.74 |
$19.88 |
1.24 |
| 2023-12-31 |
25.15 |
$19.41 |
1.30 |
| 2023-09-30 |
17.53 |
$17.99 |
0.97 |
| 2023-06-30 |
16.03 |
$17.91 |
0.89 |
| 2023-03-31 |
16.55 |
$17.40 |
0.95 |
| 2022-12-31 |
22.06 |
$16.50 |
1.34 |
| 2022-09-30 |
17.44 |
$15.78 |
1.11 |
| 2022-06-30 |
17.42 |
$15.73 |
1.11 |
| 2022-03-31 |
19.66 |
$16.79 |
1.17 |
| 2021-12-31 |
21.14 |
$18.82 |
1.12 |
| 2021-09-30 |
18.86 |
$18.76 |
1.01 |
| 2021-06-30 |
18.87 |
$18.30 |
1.03 |
| 2021-03-31 |
20.37 |
$17.79 |
1.14 |
| 2020-12-31 |
15.75 |
$17.82 |
0.88 |
| 2020-09-30 |
10.58 |
$17.05 |
0.62 |
| 2020-06-30 |
12.32 |
$16.23 |
0.76 |
| 2020-03-31 |
10.53 |
$15.33 |
0.69 |
| 2019-12-31 |
18.36 |
$15.58 |
1.18 |
| 2019-09-30 |
17.14 |
$15.13 |
1.13 |
| 2019-06-30 |
17.37 |
$14.70 |
1.18 |
| 2019-03-31 |
17.13 |
$14.63 |
1.17 |
| 2018-12-31 |
16.62 |
$14.38 |
1.16 |
| 2018-09-30 |
18.57 |
$14.29 |
1.30 |
| 2018-06-30 |
19.91 |
$13.96 |
1.43 |
| 2018-03-31 |
17.76 |
$12.53 |
1.42 |
| 2017-12-31 |
17.22 |
$12.42 |
1.39 |
| 2017-09-30 |
17.36 |
$12.55 |
1.38 |
| 2017-06-30 |
16.59 |
$12.30 |
1.35 |
| 2017-03-31 |
15.72 |
$11.98 |
1.31 |
| 2016-12-31 |
16.40 |
$11.71 |
1.40 |
| 2016-09-30 |
12.65 |
$11.82 |
1.07 |
| 2016-06-30 |
10.85 |
$11.58 |
0.94 |
| 2016-03-31 |
10.82 |
$11.27 |
0.96 |
| 2015-12-31 |
11.26 |
$11.28 |
1.00 |
| 2015-09-30 |
10.86 |
$11.22 |
0.97 |
| 2015-06-30 |
9.93 |
$11.17 |
0.89 |
| 2015-03-31 |
9.36 |
$11.05 |
0.85 |
| 2014-12-31 |
9.47 |
$10.91 |
0.87 |
| 2014-09-30 |
8.61 |
$10.77 |
0.80 |
| 2014-06-30 |
9.25 |
$10.59 |
0.87 |
| 2014-03-31 |
9.29 |
$10.32 |
0.90 |
| 2013-12-31 |
8.59 |
$10.15 |
0.85 |
| 2013-09-30 |
7.16 |
$9.93 |
0.72 |
| 2013-06-30 |
4.50 |
$22.02 |
0.20 |
| 2013-03-31 |
6.05 |
$15.21 |
0.40 |
| 2012-12-31 |
2.51 |
$14.84 |
0.17 |
| 2012-09-30 |
1.94 |
$13.80 |
0.14 |
| 2012-06-30 |
1.77 |
$12.94 |
0.14 |
| 2012-03-31 |
1.57 |
$12.29 |
0.13 |
| 2011-12-31 |
0.95 |
$12.09 |
0.08 |
| 2011-09-30 |
1.37 |
$13.17 |
0.10 |
| 2011-06-30 |
1.45 |
$13.71 |
0.11 |
| 2011-03-31 |
2.29 |
$13.90 |
0.16 |
| 2010-12-31 |
0.93 |
$15.15 |
0.06 |
| 2010-09-30 |
0.99 |
$16.65 |
0.06 |
| 2010-06-30 |
27.12 |
$17.26 |
1.57 |
| 2010-03-31 |
50.09 |
$40.45 |
1.24 |
| 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.
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