Independent Bank (IBCP) Interest Coverage Ratio (2011 - 2026)

Independent Bank has disclosed Interest Coverage Ratio across 16 years of filings, most recently posting 2.05 for Q1 2026.

• Interest Coverage Ratio for Q1 2026 came in at 2.05, up 10.58% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.95 (up 6.08% YoY), and the FY2025 annual result was 1.91, up 4.38% from the prior year.
• Interest Coverage Ratio came in at 2.05 for Q1 2026 at Independent Bank, up from 1.96 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 13.69 in Q1 2022 to a low of 1.65 in Q3 2024.
• The 5-year median for Interest Coverage Ratio is 1.94 (2023), against an average of 3.19.
• Across the five-year window, Interest Coverage Ratio tumbled 85.21% in 2023 and gained 14.03% in 2025, its largest moves.
• Independent Bank's Interest Coverage Ratio stood at 2.79 in 2022, then plunged by 38.72% to 1.71 in 2023, then climbed by 13.61% to 1.94 in 2024, then grew by 1.04% to 1.96 in 2025, then increased by 4.25% to 2.05 in 2026.
• The last three Interest Coverage Ratio figures came in at 2.05 (Q1 2026), 1.96 (Q4 2025), and 1.88 (Q3 2025), per Business Quant data.