Independent Bank Corp /Mi/ (IBCP) Enterprise Value (2010 - 2026)
Independent Bank (IBCP) recorded Enterprise Value of $577.68 million in Q2 2026, up 10.0% from $525.24 million a year earlier and up 13.1% from the prior quarter.
Independent Bank Corp /Mi/ (IBCP) Enterprise Value (2010 - 2026) Analysis & Trends
On a TTM basis, Independent Bank's Enterprise Value came in at $55.7 million as of Jun 30, 2026, down 64.2% year-over-year; for FY2025, it came in at $530.07 million, down 12.8% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $607.92 million in FY2024 (+63.3%), $372.36 million in FY2023 (-13.3%), $429.48 million in FY2022 (+8.5%) and $395.88 million in FY2021 (+38.9%).
- The Q2 2026 figure is the highest quarterly Enterprise Value since Q4 2024.
- On a year-over-year basis, Enterprise Value rose in five of the last eight quarters, with growth averaging 31.3%.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 147.7% in Q1 2024, against a decline of 58.2% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $510.59 million (Q1 2026), $530.07 million (Q4 2025) and $432.34 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 577.68 Mn |
| Mar 31, 2026 | 510.59 Mn |
| Dec 31, 2025 | 530.07 Mn |
| Sep 30, 2025 | 432.34 Mn |
| Jun 30, 2025 | 525.24 Mn |
| Mar 31, 2025 | 517.52 Mn |
| Dec 31, 2024 | 607.92 Mn |
| Sep 30, 2024 | 575.25 Mn |
| Jun 30, 2024 | 349.93 Mn |
| Mar 31, 2024 | 368.06 Mn |
| Dec 31, 2023 | 372.36 Mn |
| Sep 30, 2023 | 254.94 Mn |
| Jun 30, 2023 | 226.01 Mn |
| Mar 31, 2023 | 148.61 Mn |
| Dec 31, 2022 | 429.48 Mn |
| Sep 30, 2022 | 331.69 Mn |
| Jun 30, 2022 | 346.34 Mn |
| Mar 31, 2022 | 355.88 Mn |
| Dec 31, 2021 | 395.88 Mn |
| Sep 30, 2021 | 332.36 Mn |
Independent Bank Corp /Mi/ Enterprise Value 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=enterprise-value&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();