Independent Bank (IBCP) Dividend Coverage Ratio (2014 - 2026)
Independent Bank's (IBCP) quarterly Dividend Coverage Ratio came in at 3.26 in Q2 2026, up 4.07% year-over-year from 3.13 in Q2 2025, and up 11.77% quarter-over-quarter from 2.92 in Q1 2026.
Independent Bank (IBCP) Dividend Coverage Ratio (2014 - 2026) Analysis & Trends
Independent Bank has disclosed Dividend Coverage Ratio across 13 years of filings, most recently posting 3.26 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio rose 4.07% year-over-year to 3.26; the TTM figure through Jun 2026 stood at 3.21 (up 3.61% YoY), while the FY2025 annual figure was 3.17, down 4.77% from the prior year.
- Dividend Coverage Ratio came in at 3.26 for Q2 2026 at Independent Bank, up from 2.92 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 3.85 in Q1 2022 to a low of 2.67 in Q1 2023.
- Average Dividend Coverage Ratio over 5 years is 3.22, with a median of 3.22 recorded in 2024.
- Year-over-year, Dividend Coverage Ratio slumped 30.65% in 2023 and advanced 28.41% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 3.26 in 2022, then declined by 11.91% to 2.87 in 2023, then rose by 28.41% to 3.68 in 2024, then declined by 6.26% to 3.45 in 2025, then slipped by 5.57% to 3.26 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 3.26 in Q2 2026, 2.92 in Q1 2026, and 3.45 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 2.39 |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 3.58 |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 2.17 |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 2.80 |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 2.41 |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.83 |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 11.64 |
| 10 | Independent Bank | 746.43 Mn | 580.98 Mn | - | 3.26 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.26 |
| Mar 31, 2026 | 2.92 |
| Dec 31, 2025 | 3.45 |
| Sep 30, 2025 | 3.25 |
| Jun 30, 2025 | 3.13 |
| Mar 31, 2025 | 2.86 |
| Dec 31, 2024 | 3.68 |
| Sep 30, 2024 | 2.75 |
| Jun 30, 2024 | 3.69 |
| Mar 31, 2024 | 3.20 |
| Dec 31, 2023 | 2.87 |
| Sep 30, 2023 | 3.64 |
| Jun 30, 2023 | 3.04 |
| Mar 31, 2023 | 2.67 |
| Dec 31, 2022 | 3.26 |
| Sep 30, 2022 | 3.72 |
| Jun 30, 2022 | 2.80 |
| Mar 31, 2022 | 3.85 |
| Dec 31, 2021 | 2.81 |
| Sep 30, 2021 | 3.53 |
Independent Bank Dividend Coverage 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=dividend-coverage-ratio&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();