Independent Bank Corporation

Independent Bank Corporation - Current Ratioverified

IBCP

Price:

$34.31

Market Cap:

$707.00M

As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through rou...[Read more]

Industry

Banks - Regional

IPO Date

1985-09-04

Stock Exchange

NASDAQ

Ticker

IBCP

The Current Ratio as of June 2026 (TTM) for Independent Bank Corporation (IBCP) is 61.78

According to Independent Bank Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 61.78. This represents a change of 298.79% compared to the average of 15.49 of the last 4 quarters.

Independent Bank Corporation (IBCP) Historical Current Ratio (quarterly & annually)

How has IBCP Current Ratio performed in the past?

The mean historical Current Ratio of Independent Bank Corporation over the last ten years is 0.21. The current 61.78 Current Ratio has changed 2.89% with respect to the historical average. Over the past ten years (40 quarters), IBCP's Current Ratio was at its highest in in the March 2026 quarter at 61.78. The Current Ratio was at its lowest in in the December 2024 quarter at 0.03.

Quarterly (TTM)
Annual

Average

0.21

Median

0.21

Minimum

0.03

Maximum

0.38

Independent Bank Corporation (IBCP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Independent Bank Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 68.88%

Maximum Annual Current Ratio = 0.38

Minimum Annual Increase = -83.01%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.038.73%
20240.03-83.01%
20230.18-14.98%
20220.22-42.91%
20210.3811.89%
20200.3468.88%
20190.2011.06%
20180.18-27.24%
20170.25-23.71%
20160.32-0.68%

Independent Bank Corporation (IBCP) Average Current Ratio

How has IBCP Current Ratio performed in the past?

The current Current Ratio of Independent Bank Corporation (IBCP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.08

5-year avg

0.17

10-year avg

0.21

Independent Bank Corporation (IBCP) Current Ratio vs. Peers

How is IBCP’s Current Ratio compared to its peers?

Independent Bank Corporation’s Current Ratio is greater than Great Southern Bancorp, Inc. (0.24), greater than First Financial Corporation (0.36), greater than South Plains Financial, Inc. (0.01), greater than Camden National Corporation (0.16), less than MetroCity Bankshares, Inc. (134.88), greater than Southern Missouri Bancorp, Inc. (0.12), greater than Orrstown Financial Services, Inc. (52.80), greater than Southern California Bancorp (0.10), greater than SmartFinancial, Inc. (1.03), greater than Capital City Bank Group, Inc. (1.00),

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