Independent Bank Corporation (IBCP) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Independent Bank Corporation, with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 9.81x | 10.88x | 9.23x | 7.97x | 8.20x | 7.21x |
| P/B Ratio | 1.34x | 1.60x | 1.35x | 1.45x | 1.29x | 1.04x |
| P/S Ratio | 2.13x | 2.30x | 1.92x | 2.25x | 2.49x | 1.89x |
| Profitability | ||||||
| Gross Margin | 69.6% | 66.9% | 68.3% | 88.7% | 96.3% | 86.5% |
| Operating Margin | 25.8% | 26.3% | 26.0% | 34.7% | 37.3% | 32.4% |
| Net Margin | 21.7% | 21.1% | 20.8% | 28.3% | 30.4% | 26.2% |
| EBITDA Margin | 25.8% | 29.4% | 29.5% | 39.5% | 43.2% | 36.7% |
| Liquidity | ||||||
| Current Ratio | 0.03x | 0.03x | 0.18x | 0.22x | 0.38x | 0.34x |
| Quick Ratio | 0.03x | 0.03x | 0.18x | 0.22x | 0.38x | 0.34x |
| Leverage | ||||||
| Debt/Equity | 0.23x | 0.27x | 0.32x | 0.65x | 0.27x | 0.28x |
YoY = year-over-year change. Source: FMP..