Independent Bank Corp /Mi/ (IBCP) Total Debt (2010 - 2026)
Independent Bank's Total Debt came in at $127.01 million for Q2 2026, up 24.5% from $102.01 million a year earlier and up 218.5% from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, Independent Bank's Total Debt was $77 million, up 71.1% from FY2024.
- Total Debt carries a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- Going back by year, Total Debt was $45.01 million in FY2024 (-10.0%), $50.03 million in FY2023 (-41.8%), $86.01 million in FY2022 (+117.2%) and $39.59 million in FY2021 (+0.2%).
- The Q2 2026 figure represents the highest quarterly Total Debt in data going back to Q4 2010.
- Year-over-year, Total Debt increased in four of the last eight quarters, with growth averaging 18.5%.
- The fastest year-over-year change in Total Debt over five years came in Q2 2023 (growth of 127.2%), and the weakest in Q2 2024 (a decline of 44.4%).
- Business Quant data shows IBCP's Total Debt at $39.88 million (Q1 2026), $77 million (Q4 2025) and $39.85 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 166.90 Mn |
| Mar 31, 2026 | 66.89 Mn |
| Dec 31, 2025 | 116.87 Mn |
| Sep 30, 2025 | 41.85 Mn |
| Jun 30, 2025 | 141.84 Mn |
| Mar 31, 2025 | 84.83 Mn |
| Dec 31, 2024 | 84.81 Mn |
| Sep 30, 2024 | 39.78 Mn |
| Jun 30, 2024 | 89.77 Mn |
| Mar 31, 2024 | 89.72 Mn |
| Dec 31, 2023 | 89.75 Mn |
| Sep 30, 2023 | 89.73 Mn |
| Jun 30, 2023 | 129.71 Mn |
| Mar 31, 2023 | 89.71 Mn |
| Dec 31, 2022 | 125.67 Mn |
| Sep 30, 2022 | 126.35 Mn |
| Jun 30, 2022 | 65.13 Mn |
| Mar 31, 2022 | 69.62 Mn |
| Dec 31, 2021 | 99.60 Mn |
| Sep 30, 2021 | 69.58 Mn |
API Access
Independent Bank Corp /Mi/ Total Debt 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=total-debt&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();