Independent Bank Corporation
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Independent Bank Corporation's yearly results (2022–2025), compared with Financial Services companies in United States. Tap ? on any ratio for what it means.
Cash quality
Profit Cash Ratio
—Not applicable for banks
Deposits and loans are a bank's raw material, so cash-flow and debt figures mean something different for banks.
Self-Funding Ratio
—Not applicable for banks
Deposits and loans are a bank's raw material, so cash-flow and debt figures mean something different for banks.
Cash Locked Ratio
—Not applicable for banks
Deposits and loans are a bank's raw material, so cash-flow and debt figures mean something different for banks.
Growth quality
Steadiness Ratio
2/3 · 2/3Sales grew in 2 of the last 3 years; profit grew in 2 of 3.
Steadier than 53% of Financial Services companies in United States.
Growth Efficiency Ratio
$38Sales grew 7% in 3 years; of every extra $100 of sales, $38 became extra profit.
Higher than 65% of Financial Services companies in United States.
Asset Productivity Ratio
+7% / +10%In 3 years sales changed by +7% while total assets changed by +10%. Both moved at about the same pace.
Balance-sheet strength
Debt Due Cover Ratio
—Not applicable for banks
Deposits and loans are a bank's raw material, so cash-flow and debt figures mean something different for banks.
Cash Cushion Ratio
—Not applicable for banks
Deposits and loans are a bank's raw material, so cash-flow and debt figures mean something different for banks.
Tangible Assets Ratio
99%Of every $100 the company owns, $99 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 67% of Financial Services companies in United States.
Tangible Net Worth Ratio
88%Of every $100 of net worth, $88 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 60% of Financial Services companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (11)
Independent Bank Corporation owes $0.91 for every $1 it owns. Net profit rose 3% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Compared with Financial Services companies in United States · latest annual results Dec 2025.
P/E ratio
10.7Investors pay $10.7 for every $1 of Independent Bank Corporation's yearly profit, lower than 73% of Financial Services companies in United States.
P/B ratio
1.44The share price is 1.44 times Independent Bank Corporation's book value per share, higher than 64% of Financial Services companies in United States.
Market cap
$761 MThe total market value of all of Independent Bank Corporation's shares at today's price (share price × number of shares), larger than 50% of Financial Services companies in United States. PosiCap size class: Mini Cap.
Net worth (book value)
$528 MWhat Independent Bank Corporation would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$25.65Net worth divided by the number of shares. The share price of $36.96 is 1.4 times this, which is the P/B above.
Return on equity (ROE)
14.4%Independent Bank Corporation earned 14.4% on its shareholders' money over the last year, higher than 73% of Financial Services companies in United States.
Owes vs Owns
0.91×Independent Bank Corporation owes $0.91 for every $1 it owns (high), higher than 84% of Financial Services companies in United States. Banks and lenders usually show higher figures.
Dividend yield
3.11%Independent Bank Corporation pays 3.11% of its share price as dividends a year, higher than 55% of dividend-paying Financial Services companies in United States.
Revenue growth
+1%Revenue rose 1% in the year to Dec 2025, and grew 2% a year on average over 3 years.
Profit growth
+3%Net profit rose 3% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Profit margin
31.4%Independent Bank Corporation keeps $31 of every $100 of revenue as net profit.
Questions
What is Independent Bank Corporation's P/E ratio?
Investors pay $10.7 for every $1 of Independent Bank Corporation's yearly profit, lower than 73% of Financial Services companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Independent Bank Corporation: $761 M ÷ $528 M (30 Jun 2026) = 1.4.
What is Independent Bank Corporation's return on equity?
Independent Bank Corporation earned 14.4% on its shareholders' money over the last year, higher than 73% of Financial Services companies in United States.
How much does Independent Bank Corporation owe compared with what it owns?
Independent Bank Corporation owes $0.91 for every $1 it owns (high), higher than 84% of Financial Services companies in United States. Banks and lenders usually show higher figures.
Does Independent Bank Corporation pay a dividend?
Yes. Independent Bank Corporation pays 3.11% of its share price as dividends a year, higher than 55% of dividend-paying Financial Services companies in United States.
Is Independent Bank Corporation's revenue growing?
Revenue rose 1% in the year to Dec 2025, and grew 2% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.