Independent Bank Corp.

IBCP Financial Banks Regional

Independent Bank Corp.’s revenue for fiscal 2025 (year ended December 2025) was $315.4 million, down 2.40% from fiscal 2024.

Revenue
+14.7%
EPS
−4.71%
Free cash flow
−1.00%
Total debt
−8.02%

Quarter to September 2026, against a year earlier

36.41 0.84 −2.26%
Market cap
$802.2M
P/E
10.6×
Fwd P/E
10.8×
Dividend yield
3.08%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Independent Bank Corp. (IBCP) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Independent Bank Corp. (IBCP) trades at a P/E ratio of 10.6×. Over the past ten years it has ranged from 4.7× (March 2020) to 25.4× (March 2018); the current reading is higher than 49% of that period. That is below the Banks Regional industry median of 12.0× and below the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 9.9× (9.43%)
FY2024 10.9× 19.20%
FY2023 9.1× 13.81%
FY2022 8.0× (2.19%)
FY2021 8.2× 14.14%
FY2020 7.2× (35.27%)
FY2019 11.1× (10.20%)
FY2018 12.4× (48.05%)
FY2017 23.8× 15.50%
FY2016 20.6× 19.07%

Quarterly newest first

Period P/E ratio Change
Sep 2026 10.2× (1.16%)
Jun 2026 10.4× 5.20%
Mar 2026 9.9× (0.06%)
Dec 2025 9.9× 4.37%
43 more quarters

Against its own ten years

Low 4.7× High 25.4×
Ten-year median 10.6×
Current reading's percentile 54

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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