Independent Bank Corporation (IBCP)

Independent Bank Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Year	Current	2023	2022	2021	2020	2019
Market Capitalization	553	542	504	508	404	509
Market Cap Growth	41.14%	7.62%	-0.79%	25.65%	-20.62%	0.49%
Enterprise Value	520	502	595	507	394	572
PE Ratio	9.00	9.18	7.95	8.07	7.20	10.97
PS Ratio	2.69	2.70	2.44	2.44	2.11	3.00
PB Ratio	1.33	1.34	1.45	1.27	1.04	1.45
P/FCF Ratio	7.97	7.61	5.55	4.87	7.29	17.19
P/OCF Ratio	7.59	7.17	5.32	4.61	6.89	14.76
EV/Sales Ratio	2.53	2.50	2.88	2.44	2.05	3.37
EV/EBITDA Ratio	5.93	5.99	6.71	5.67	5.01	8.96
EV/EBIT Ratio	6.71	6.81	7.64	6.56	5.68	9.90
EV/FCF Ratio	7.50	7.05	6.55	4.86	7.11	19.30
Debt / Equity Ratio	0.31	0.32	0.47	0.27	0.28	0.37
Debt / EBITDA Ratio	1.47	1.54	1.86	1.22	1.38	2.01
Debt / FCF Ratio	1.86	1.82	1.82	1.04	1.96	4.32
Asset Turnover	0.04	0.04	0.04	0.05	0.05	0.05
Return on Equity (ROE)	15.80%	15.50%	18.50%	15.90%	15.50%	13.60%
Return on Assets (ROA)	1.20%	1.10%	1.30%	1.40%	1.40%	1.30%
Return on Capital (ROIC)	11.39%	11.07%	12.36%	12.39%	11.27%	9.71%
Earnings Yield	11.22%	10.89%	12.57%	12.38%	13.89%	9.12%
FCF Yield	12.55%	13.13%	18.02%	20.55%	13.71%	5.82%
Dividend Yield	3.63%	3.50%	3.70%	3.50%	4.30%	3.20%
Payout Ratio	32.65%	32.60%	29.30%	28.90%	31.20%	35.50%
Buyback Yield / Dilution	1.06%	1.07%	1.00%	2.78%	2.66%	6.74%
Total Shareholder Return	4.69%	4.57%	4.70%	6.28%	6.96%	9.94%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).