Independent Bank Corp /Mi/ (IBCP) Debt Ratio (2010 - 2026)
Independent Bank's (IBCP) Debt Ratio came in at 0.02 for Q2 2026, up 19.1% from 0.02 a year earlier and up 212.5% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Independent Bank's Debt Ratio stood at 0.01, up 65.9% from FY2024.
- In prior years, Independent Bank's Debt Ratio was 0.01 in FY2024 (-11.3%), 0.01 in FY2023 (-44.8%), 0.02 in FY2022 (+104.4%) and 0.01 in FY2021 (-10.5%).
- The Q2 2026 figure stands as the highest quarterly Debt Ratio since Q1 2020.
- On a year-over-year basis, Debt Ratio increased in three of the last eight quarters, with growth averaging 15.0%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q2 2023, with growth of 113.5%; the weakest was Q2 2024, with a decline of 45.9%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.01 (Q1 2026), 0.01 (Q4 2025) and 0.01 (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.03 |
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.02 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
API Access
Independent Bank Corp /Mi/ Debt 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=debt-ratio&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();