Independent Bank Corp /Mi/ (IBCP) Asset Utilization Ratio (2011 - 2026)
Independent Bank's (IBCP) Asset Utilization Ratio stood at 0.04 in Q2 2026, up 1.9% from 0.04 a year earlier and up 1.7% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Starting with Q3 2011, Independent Bank's Asset Utilization Ratio history includes 58 quarters.
- Across earlier years, Asset Utilization Ratio came in at 0.04 in FY2024 (+4.1%), 0.04 in FY2023 (-7.4%), 0.04 in FY2022 (-5.9%) and 0.05 in FY2021 (-11.9%).
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio since Q4 2022.
- On a year-over-year basis, Asset Utilization Ratio rose in five of the last eight quarters, with growth averaging 1.9%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 6.2% in Q4 2024, against a decline of 16.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.04 (Q1 2026), 0.04 (Q4 2025) and 0.04 (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.05 |
API Access
Independent Bank Corp /Mi/ Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "IBCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();