Independent Bank Corp /Mi/ (IBCP) EV to CFO (2011 - 2026)
Independent Bank's EV to CFO was 11.71 in Q2 2026, up 60.5% from 7.29 a year earlier and up 10.6% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) EV to CFO (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Independent Bank's EV to CFO was 1.13 through Jun 30, 2026, down 47.8% year-over-year; for FY2025, it was 6.91, down 28.2% from FY2024.
- In earlier years, EV to CFO was 9.63 in FY2024 (+95.4%), 4.93 in FY2023 (+8.5%), 4.54 in FY2022 (+26.3%) and 3.59 in FY2021 (-26.0%).
- The Q2 2026 figure marks the highest quarterly EV to CFO since Q4 2019.
- Compared with a year earlier, EV to CFO was higher in six of the last eight quarters, with growth averaging 42.3%.
- The best year-over-year quarter for EV to CFO over five years was Q1 2024 (growth of 169.4%); the worst was Q3 2022 (a decline of 48.5%).
- Per Business Quant data, IBCP's EV to CFO in the three quarters before Q2 2026 was 10.58 (Q1 2026), 6.91 (Q4 2025) and 5.07 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.71 |
| Mar 31, 2026 | 10.58 |
| Dec 31, 2025 | 6.91 |
| Sep 30, 2025 | 5.07 |
| Jun 30, 2025 | 7.29 |
| Mar 31, 2025 | 8.41 |
| Dec 31, 2024 | 9.63 |
| Sep 30, 2024 | 9.05 |
| Jun 30, 2024 | 4.85 |
| Mar 31, 2024 | 5.04 |
| Dec 31, 2023 | 4.93 |
| Sep 30, 2023 | 4.28 |
| Jun 30, 2023 | 3.39 |
| Mar 31, 2023 | 1.87 |
| Dec 31, 2022 | 4.54 |
| Sep 30, 2022 | 2.24 |
| Jun 30, 2022 | 3.31 |
| Mar 31, 2022 | 3.13 |
| Dec 31, 2021 | 3.59 |
| Sep 30, 2021 | 4.35 |
API Access
Independent Bank Corp /Mi/ EV to CFO 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=ev-to-cfo&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();