Independent Bank Corporation IBCP Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Net margin | 30.4%+0.4pp | 30%+1.5pp | 28.5%-1.4pp | 30%-0.5pp | |
| Free cash flow margin | 31.1%+6.3pp | 24.8%-8.8pp | 33.6%-8.9pp | 42.5%— | |
| Returns | |||||
| Return on equity | 14.3%-1.2pp | 15.5%-0.2pp | 15.7%-1.3pp | 17%+1.0pp | |
| Return on assets | 1.3%0.0pp | 1.3%+0.1pp | 1.2%-0.2pp | 1.3%-0.1pp | |
| Efficiency | |||||
| Asset turnover | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Leverage | |||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Valuation | |||||
| Market capitalization | $733.37M+16.4% | $727.74M+34.2% | $542.27M+7.6% | $503.88M-0.8% | |
| Enterprise value | $565.68M+11.3% | $614.2M+62.7% | $377.6M-13.3% | $435.28M+7.5% | |
| Price / earnings | 10.5×+1.0× | 10.9×+1.7× | 9.2×+1.2× | 8×-0.1× | |
| Price / sales | 3.2×+0.4× | 3.3×+0.6× | 2.6×+0.2× | 2.4×-0.1× | |
| Price / book | 1.4×+0.1× | 1.6×+0.3× | 1.3×-0.1× | 1.4×+0.2× | |
| EV / sales | 2.5×+0.2× | 2.8×+0.9× | 1.8×-0.2× | 2.1×+0.1× | |
| Free cash flow yield | 5.2%-3.2pp | 7.6%-5.2pp | 12.8%-5.0pp | 17.8%— | |
| Earnings yield | 9.5%-1.0pp | 9.2%-1.7pp | 10.9%-1.7pp | 12.6%+0.2pp | |
| Dividend yield | 3%-0.3pp | 2.8%-0.8pp | 3.6%-0.1pp | 3.7%+0.1pp | |
| PEG ratio | 2×+0.7× | 0.8×— | —— | 11×+10.3× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Independent Bank Corporation's ratios come from?
- Every ratio is computed from Independent Bank Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
