Independent Bank Corp /Mi/ (IBCP) EV to FCF (2011 - 2026)
Independent Bank's EV to FCF was 15.17 in Q2 2026, up 82.2% from 8.32 a year earlier and up 13.7% from the prior quarter.
Independent Bank Corp /Mi/ (IBCP) EV to FCF (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Independent Bank's EV to FCF was 1.46 through Jun 30, 2026, down 40.7% year-over-year; for FY2025, it was 7.55, down 31.4% from FY2024.
- In earlier years, EV to FCF was 11.01 in FY2024 (+105.7%), 5.35 in FY2023 (+10.9%), 4.83 in FY2022 (+27.2%) and 3.79 in FY2021 (-27.7%).
- The Q2 2026 figure marks the highest quarterly EV to FCF since Q2 2018.
- Compared with a year earlier, EV to FCF was higher in six of the last eight quarters, with growth averaging 49.5%.
- The best year-over-year quarter for EV to FCF over five years was Q1 2024 (growth of 173.9%); the worst was Q3 2022 (a decline of 51.0%).
- Per Business Quant data, IBCP's EV to FCF in the three quarters before Q2 2026 was 13.34 (Q1 2026), 7.55 (Q4 2025) and 5.68 (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.17 |
| Mar 31, 2026 | 13.34 |
| Dec 31, 2025 | 7.55 |
| Sep 30, 2025 | 5.68 |
| Jun 30, 2025 | 8.32 |
| Mar 31, 2025 | 9.73 |
| Dec 31, 2024 | 11.01 |
| Sep 30, 2024 | 9.90 |
| Jun 30, 2024 | 5.25 |
| Mar 31, 2024 | 5.44 |
| Dec 31, 2023 | 5.35 |
| Sep 30, 2023 | 4.77 |
| Jun 30, 2023 | 3.72 |
| Mar 31, 2023 | 1.99 |
| Dec 31, 2022 | 4.83 |
| Sep 30, 2022 | 2.32 |
| Jun 30, 2022 | 3.50 |
| Mar 31, 2022 | 3.31 |
| Dec 31, 2021 | 3.79 |
| Sep 30, 2021 | 4.75 |
Independent Bank Corp /Mi/ EV to FCF 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-fcf&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();