Independent Bank Corp /Mi/ (IBCP) Price to Earnings (2012 - 2026)
Independent Bank's Price to Earnings came in at 10.36 for Q2 2026, down 0.1% from 10.37 a year earlier but up 5.5% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Price to Earnings (2012 - 2026) Analysis & Trends
For FY2025, Independent Bank's Price to Earnings was 9.75, down 10.5% from FY2024.
- Going back by year, Price to Earnings was 10.90 in FY2024 (+18.7%), 9.18 in FY2023 (+15.4%), 7.95 in FY2022 (-1.0%) and 8.03 in FY2021 (+11.8%).
- The five-year range for quarterly Price to Earnings is 5.90 (Q2 2023) to 11.23 (Q3 2024).
- Year-over-year, Price to Earnings increased in five of the last eight quarters, with growth averaging 13.1%.
- The fastest year-over-year change in Price to Earnings over five years came in Q3 2024 (growth of 77.3%), and the weakest in Q1 2023 (a decline of 18.7%).
- Business Quant data shows IBCP's Price to Earnings at 9.82 (Q1 2026), 9.75 (Q4 2025) and 9.37 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.36 |
| Mar 31, 2026 | 9.82 |
| Dec 31, 2025 | 9.75 |
| Sep 30, 2025 | 9.37 |
| Jun 30, 2025 | 10.37 |
| Mar 31, 2025 | 9.73 |
| Dec 31, 2024 | 10.90 |
| Sep 30, 2024 | 11.23 |
| Jun 30, 2024 | 8.58 |
| Mar 31, 2024 | 8.54 |
| Dec 31, 2023 | 9.18 |
| Sep 30, 2023 | 6.33 |
| Jun 30, 2023 | 5.90 |
| Mar 31, 2023 | 6.43 |
| Dec 31, 2022 | 7.95 |
| Sep 30, 2022 | 6.62 |
| Jun 30, 2022 | 6.83 |
| Mar 31, 2022 | 7.92 |
| Dec 31, 2021 | 8.03 |
| Sep 30, 2021 | 6.80 |
API Access
Independent Bank Corp /Mi/ Price to Earnings 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=price-to-earnings&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();