Independent Bank (IBCP) Return on Equity [ROE] (2011 - 2026)
Independent Bank's Return on Equity [ROE] came in at 13.80% for Q2 2026, down 0.02 percentage points from 13.82% a year earlier but up 0.03 percentage points from the prior quarter.
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Analysis
Independent Bank (IBCP) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Independent Bank's Return on Equity [ROE] was 14.31%, down 1.23 percentage points from FY2024.
- Return on Equity [ROE] has declined in each of the last three years, with a five-year change of -0.87 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 15.55% in FY2024 (-0.16 pp), 15.71% in FY2023 (-1.27 pp), 16.98% in FY2022 (+1.02 pp) and 15.96% in FY2021 (+0.78 pp).
- The five-year range for quarterly Return on Equity [ROE] is 13.77% (Q1 2026) to 18.61% (Q4 2022).
- Year-over-year, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of -0.79 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2022 (a gain of 2.86 percentage points), and the weakest in Q4 2023 (a drop of 3.46 percentage points).
- Business Quant data shows IBCP's Return on Equity [ROE] at 13.77% (Q1 2026), 13.79% (Q4 2025) and 14.25% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 17.62% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 11.19% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 13.21% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 17.50% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 15.91% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 17.08% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 11.72% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 12.67% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | 12.87% |
| 10 | Independent Bank | 761.88 Mn | 74.44 Mn | - | 13.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.80% |
| Mar 31, 2026 | 13.77% |
| Dec 31, 2025 | 13.79% |
| Sep 30, 2025 | 14.25% |
| Jun 30, 2025 | 13.82% |
| Mar 31, 2025 | 14.40% |
| Dec 31, 2024 | 14.72% |
| Sep 30, 2024 | 14.06% |
| Jun 30, 2024 | 15.56% |
| Mar 31, 2024 | 15.14% |
| Dec 31, 2023 | 15.15% |
| Sep 30, 2023 | 16.10% |
| Jun 30, 2023 | 16.18% |
| Mar 31, 2023 | 16.30% |
| Dec 31, 2022 | 18.61% |
| Sep 30, 2022 | 18.31% |
| Jun 30, 2022 | 17.32% |
| Mar 31, 2022 | 15.60% |
| Dec 31, 2021 | 15.75% |
| Sep 30, 2021 | 16.91% |
API Access
Independent Bank Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();