Independent Bank Corp /Mi/ (IBCP) Price to Sales (2011 - 2026)
Independent Bank's (IBCP) Price to Sales was 3.13 for Q2 2026, up 4.0% from 3.01 a year earlier and up 5.1% from the prior quarter.
Powered by 
Analysis
Independent Bank Corp /Mi/ (IBCP) Price to Sales (2011 - 2026) Analysis & Trends
For FY2025, Price to Sales at Independent Bank was 2.96, down 9.4% from FY2024.
- By year, Price to Sales came in at 3.27 in FY2024 (+24.8%), 2.62 in FY2023 (+9.9%), 2.38 in FY2022 (-2.7%) and 2.45 in FY2021 (+24.0%).
- The Q2 2026 figure ranks as the highest quarterly Price to Sales since Q4 2024.
- Year over year, Price to Sales gained in six of the last eight quarters, with growth averaging 14.7%.
- The high point for year-over-year Price to Sales in five years was Q3 2024 (growth of 82.2%); the low point was Q1 2023 (a decline of 22.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.97 (Q1 2026), 2.96 (Q4 2025) and 2.80 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.13 |
| Mar 31, 2026 | 2.97 |
| Dec 31, 2025 | 2.96 |
| Sep 30, 2025 | 2.80 |
| Jun 30, 2025 | 3.01 |
| Mar 31, 2025 | 2.88 |
| Dec 31, 2024 | 3.27 |
| Sep 30, 2024 | 3.32 |
| Jun 30, 2024 | 2.64 |
| Mar 31, 2024 | 2.51 |
| Dec 31, 2023 | 2.62 |
| Sep 30, 2023 | 1.82 |
| Jun 30, 2023 | 1.68 |
| Mar 31, 2023 | 1.80 |
| Dec 31, 2022 | 2.38 |
| Sep 30, 2022 | 1.92 |
| Jun 30, 2022 | 1.97 |
| Mar 31, 2022 | 2.31 |
| Dec 31, 2021 | 2.45 |
| Sep 30, 2021 | 2.18 |
API Access
Independent Bank Corp /Mi/ Price to Sales 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-sales&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();