Debt-to-equity of INDEPENDENT BANK CORP /MI/ from 31 Mar 2012 to 30 Sep 2025

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
INDEPENDENT BANK CORP /MI/ quarterly Debt-to-equity in % history and change rate from 31 Mar 2012 to 30 Sep 2025.
  • INDEPENDENT BANK CORP /MI/ Debt-to-equity for the quarter ending 30 Sep 2025 was 1047%, a 7.8% decline year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

INDEPENDENT BANK CORP /MI/ Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q3 2025 1047% -89% -7.8% 30 Sep 2025
Q2 2025 1058% -132% -11% 30 Jun 2025
Q1 2025 1075% -152% -12% 31 Mar 2025
Q4 2024 1104% -158% -13% 31 Dec 2024
Q3 2024 1135% -162% -12% 30 Sep 2024
Q2 2024 1190% -130% -9.8% 30 Jun 2024
Q1 2024 1227% -116% -8.7% 31 Mar 2024
Q4 2023 1262% -66% -5% 31 Dec 2023
Q3 2023 1297% +41% +3.2% 30 Sep 2023
Q2 2023 1320% +146% +12% 30 Jun 2023
Q1 2023 1343% +246% +22% 31 Mar 2023
Q4 2022 1328% +277% +26% 31 Dec 2022
Q3 2022 1256% +230% +22% 30 Sep 2022
Q2 2022 1174% +157% +15% 30 Jun 2022
Q1 2022 1097% +78% +7.6% 31 Mar 2022
Q4 2021 1052% +47% +4.7% 31 Dec 2021
Q3 2021 1026% +36% +3.7% 30 Sep 2021
Q2 2021 1017% +46% +4.7% 30 Jun 2021
Q1 2021 1019% +74% +7.8% 31 Mar 2021
Q4 2020 1004% +84% +9.1% 31 Dec 2020
Q3 2020 990% +77% +8.4% 30 Sep 2020
Q2 2020 971% +80% +9% 30 Jun 2020
Q1 2020 946% +74% +8.5% 31 Mar 2020
Q4 2019 920% +37% +4.2% 31 Dec 2019
Q3 2019 913% +16% +1.8% 30 Sep 2019
Q2 2019 891% -26% -2.9% 30 Jun 2019
Q1 2019 871% -64% -6.8% 31 Mar 2019
Q4 2018 883% -45% -4.9% 31 Dec 2018
Q3 2018 897% -24% -2.6% 30 Sep 2018
Q2 2018 917% +1% +0.06% 30 Jun 2018
Q1 2018 935% +24% +2.6% 31 Mar 2018
Q4 2017 928% +12% +1.3% 31 Dec 2017
Q3 2017 921% +22% +2.4% 30 Sep 2017
Q2 2017 916% +34% +3.8% 30 Jun 2017
Q1 2017 911% +52% +6.1% 31 Mar 2017
Q4 2016 916% +86% +10% 31 Dec 2016
Q3 2016 899% +83% +10% 30 Sep 2016
Q2 2016 883% +77% +9.5% 30 Jun 2016
Q1 2016 859% +47% +5.7% 31 Mar 2016
Q4 2015 830% +9% +1.1% 31 Dec 2015
Q3 2015 816% -19% -2.3% 30 Sep 2015
Q2 2015 806% -44% -5.1% 30 Jun 2015
Q1 2015 812% -60% -6.9% 31 Mar 2015
Q4 2014 821% -143% -15% 31 Dec 2014
Q3 2014 835% -247% -23% 30 Sep 2014
Q2 2014 849% -472% -36% 30 Jun 2014
Q1 2014 873% -766% -47% 31 Mar 2014
Q4 2013 964% -884% -48% 31 Dec 2013
Q3 2013 1082% -972% -47% 30 Sep 2013
Q2 2013 1322% -767% -37% 30 Jun 2013
Q1 2013 1639% -424% -21% 31 Mar 2013
Q4 2012 1848% 31 Dec 2012
Q3 2012 2055% 30 Sep 2012
Q2 2012 2089% 30 Jun 2012
Q1 2012 2063% 31 Mar 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.