Independent Bank Book Value Per Share Growth & History (IBCP)
Independent Bank's book value per share was $24.48 for fiscal 2025.
View full Independent Bank company overviewIndependent Bank annual book value per share history
| Fiscal year | Period ended | Book value per share | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $24.48 | $2.72 | +12.48% |
| 2024 | 2024-12-31 | $21.76 | $2.35 | +12.10% |
| 2023 | 2023-12-31 | $19.41 | $2.91 | +17.63% |
| 2022 | 2022-12-31 | $16.50 | -$2.32 | −12.33% |
| 2021 | 2021-12-31 | $18.82 | $1.00 | +5.60% |
| 2020 | 2020-12-31 | $17.82 | $2.25 | +14.43% |
| 2019 | 2019-12-31 | $15.58 | $1.20 | +8.34% |
| 2018 | 2018-12-31 | $14.38 | $1.96 | +15.77% |
| 2017 | 2017-12-31 | $12.42 | $0.69 | +5.88% |
| 2016 | 2016-12-31 | $11.73 | $0.39 | +3.43% |
| 2015 | 2015-12-31 | $11.34 | $0.43 | +3.98% |
| 2014 | 2014-12-31 | $10.91 | $0.76 | +7.46% |
| 2013 | 2013-12-31 | $10.15 | $4.57 | +81.77% |
| 2012 | 2012-12-31 | $5.58 | $2.90 | +108.21% |
| 2011 | 2011-12-31 | $2.68 | -$2.84 | −51.42% |
| 2010 | 2010-12-31 | $5.52 | — | — |
Independent Bank quarterly book value per share
| Fiscal quarter | Period ended | Book value per share | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $25.65 | $3.00 | +13.23% |
| Q1 2026 | 2026-03-31 | $24.80 | $2.52 | +11.30% |
| Q4 2025 | 2025-12-31 | $24.48 | $2.72 | +12.48% |
| Q3 2025 | 2025-09-30 | $23.72 | $2.07 | +9.54% |
| Q2 2025 | 2025-06-30 | $22.65 | $2.06 | +9.98% |
| Q1 2025 | 2025-03-31 | $22.28 | $2.40 | +12.09% |
| Q4 2024 | 2024-12-31 | $21.76 | $2.35 | +12.10% |
| Q3 2024 | 2024-09-30 | $21.65 | $3.67 | +20.38% |
| Q2 2024 | 2024-06-30 | $20.60 | $2.68 | +14.98% |
| Q1 2024 | 2024-03-31 | $19.88 | $2.48 | +14.28% |
| Q4 2023 | 2023-12-31 | $19.41 | $2.91 | +17.63% |
| Q3 2023 | 2023-09-30 | $17.99 | $2.21 | +14.00% |
| Q2 2023 | 2023-06-30 | $17.91 | $2.18 | +13.87% |
| Q1 2023 | 2023-03-31 | $17.40 | $0.60 | +3.60% |
| Q4 2022 | 2022-12-31 | $16.50 | -$2.32 | −12.33% |
| Q3 2022 | 2022-09-30 | $15.78 | -$2.99 | −15.92% |
| Q2 2022 | 2022-06-30 | $15.73 | -$2.57 | −14.06% |
| Q1 2022 | 2022-03-31 | $16.79 | -$1.00 | −5.61% |
| Q4 2021 | 2021-12-31 | $18.82 | $1.00 | +5.60% |
| Q3 2021 | 2021-09-30 | $18.76 | $1.71 | +10.06% |
| Q2 2021 | 2021-06-30 | $18.30 | $2.07 | +12.78% |
| Q1 2021 | 2021-03-31 | $17.79 | $2.46 | +16.03% |
| Q4 2020 | 2020-12-31 | $17.82 | $2.25 | +14.43% |
| Q3 2020 | 2020-09-30 | $17.05 | $1.91 | +12.64% |
| Q2 2020 | 2020-06-30 | $16.23 | $1.53 | +10.37% |
| Q1 2020 | 2020-03-31 | $15.33 | $0.70 | +4.78% |
| Q4 2019 | 2019-12-31 | $15.58 | $1.20 | +8.34% |
| Q3 2019 | 2019-09-30 | $15.13 | $0.84 | +5.88% |
| Q2 2019 | 2019-06-30 | $14.71 | $0.74 | +5.32% |
| Q1 2019 | 2019-03-31 | $14.63 | $2.10 | +16.73% |
| Q4 2018 | 2018-12-31 | $14.38 | $1.96 | +15.77% |
| Q3 2018 | 2018-09-30 | $14.29 | $1.74 | +13.90% |
| Q2 2018 | 2018-06-30 | $13.96 | $1.66 | +13.50% |
| Q1 2018 | 2018-03-31 | $12.53 | $0.56 | +4.64% |
| Q4 2017 | 2017-12-31 | $12.42 | $0.69 | +5.88% |
| Q3 2017 | 2017-09-30 | $12.55 | $0.73 | +6.18% |
| Q2 2017 | 2017-06-30 | $12.30 | $0.72 | +6.20% |
| Q1 2017 | 2017-03-31 | $11.98 | $0.71 | +6.32% |
| Q4 2016 | 2016-12-31 | $11.73 | $0.39 | +3.43% |
| Q3 2016 | 2016-09-30 | $11.82 | $0.60 | +5.35% |
| Q2 2016 | 2016-06-30 | $11.58 | $0.41 | +3.69% |
| Q1 2016 | 2016-03-31 | $11.27 | $0.22 | +1.98% |
| Q4 2015 | 2015-12-31 | $11.34 | $0.43 | +3.98% |
| Q3 2015 | 2015-09-30 | $11.22 | $0.45 | +4.20% |
| Q2 2015 | 2015-06-30 | $11.17 | $0.58 | +5.44% |
| Q1 2015 | 2015-03-31 | $11.05 | $0.73 | +7.03% |
| Q4 2014 | 2014-12-31 | $10.91 | $0.76 | +7.46% |
| Q3 2014 | 2014-09-30 | $10.77 | $0.83 | +8.38% |
| Q2 2014 | 2014-06-30 | $10.59 | -$2.31 | −17.91% |
| Q1 2014 | 2014-03-31 | $10.32 | $4.12 | +66.33% |
| Q4 2013 | 2013-12-31 | $10.15 | $4.57 | +81.77% |
| Q3 2013 | 2013-09-30 | $9.93 | $5.57 | +127.60% |
| Q2 2013 | 2013-06-30 | $12.91 | $9.34 | +262.32% |
| Q1 2013 | 2013-03-31 | $6.21 | $3.38 | +119.88% |
| Q4 2012 | 2012-12-31 | $5.58 | $2.90 | +108.21% |
| Q3 2012 | 2012-09-30 | $4.36 | $0.56 | +14.76% |
| Q2 2012 | 2012-06-30 | $3.56 | -$0.83 | −18.95% |
| Q1 2012 | 2012-03-31 | $2.82 | — | — |
| Q4 2011 | 2011-12-31 | $2.68 | -$2.84 | −51.42% |
| Q3 2011 | 2011-09-30 | $3.80 | — | — |
| Q2 2011 | 2011-06-30 | $4.40 | — | — |
| Q4 2010 | 2010-12-31 | $5.52 | — | — |
Independent Bank book value per share trends
Over the last five fiscal years, Independent Bank's book value per share increased from $17.82 to $24.48, a change of $6.65. The latest reported quarter, Q2 2026, shows $25.65.
What book value per share means
Book value per share estimates the common shareholders’ accounting equity represented by each share. It can help compare a company’s balance-sheet value over time, although market value can differ substantially from book value.
How book value per share is calculated
TickerStat calculates book value per share as SEC-reported common shareholders’ equity divided by reported period-end common shares. Preferred equity is subtracted when separately reported, and basic weighted-average shares are used only when period-end shares are unavailable. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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