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Price / book at other companies

Fifth Third Bank logo
Fifth Third BankFITB
1.5×+0.2×
Huntington Bancshares logo
Huntington BancsharesHBAN
1.1×0.0×
Equity Bancshares logo
Equity BancsharesEQBK
1.2×+0.1×
SR Bancorp, Inc. logo
SR Bancorp, Inc.SRBK
0.7×+0.2×
BSR
Sierra BancorpBSRR
1.5×+0.3×
Burke & Herbert Financial Services Corp. logo
Burke & Herbert Financial Services Corp.BHRB
1.2×+0.1×

Other financials

Income statement

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Revenue$63.2M+13.0%
Net income$18.8M+11.4%
EPS (diluted)$0.90+11.1%

Balance sheet

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Cash & equivalents$165.5M+13.2%
Total debt$7.0M+0.5%
Total equity$528.4M+12.6%
Total assets$5.7B+4.5%

Cash flow

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Operating cash flow$20.3M+5.7%
CapEx$3.6M+56.3%
Free cash flow$16.7M-1.1%

Valuation

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Market cap$844.24M+33.2%
Enterprise value$685.83M+38.7%
P/E11.8×+2.0×
P/S3.6×+0.7×

Profitability

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Net margin30.2%+1.2pp
FCF margin16%-12.2pp

Returns & leverage

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Return on equity14.4%0.0pp
Debt / equity0.0×

Where this comes from

Calculated from Independent Bank Corporation’s reported figures.

Based on the most recent quarter.

The source filing: Independent Bank Corporation’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 12:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000039311-26-000061

FAQ

What is Independent Bank Corporation's price / book?
Independent Bank Corporation (IBCP) reported price / book of 1.4× in Q2 2026.
How has Independent Bank Corporation's price / book changed year-over-year?
Independent Bank Corporation's price / book increased by 1.0% year-over-year, from 1.4× to 1.4×.
What is the long-term trend for Independent Bank Corporation's price / book?
Over 5 years (2020 to 2025), Independent Bank Corporation's price / book has grown at a 5.8% compound annual growth rate (CAGR), from 1× to 1.3×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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