Independent Bank PE ratio IBCP

Share price divided by earnings per share over the last twelve months, since 2014.

Today, Oct 23, 2026: 10.8×
7-year median: 8.5×
Against its 7-year history: 84th; percentile: 0 is its lowest day, 100 its highest
7-year range: 5.7× to 13.1×
Peer median: 12.4×

Independent Bank's PE ratio is 10.8× as of Oct 23, 2026: a share price of $36.98 against $3.44 of earnings per share over the last twelve months.

That is above its 7-year median of 8.5×, higher than on 84% of days in the last 7 years.

Over that time it ranged from 5.7× in May 2023 to 13.1× in Nov 2024.

The median for 10 regional banks of a similar size is 12.4×.

PE ratio over time

median 8.5×

The dashed line is the 7-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	10.8×	9.8×	11.4×
2025	10.2×	8.9×	12.4×
2024	11.8×	8.0×	13.1×
2023	9.2×	5.7×	9.3×
2022	8.4×	6.8×	8.7×
2021	7.8×	6.0×	9.6×
2020	7.8×	5.7×	12.5×
2019	12.5×	12.2×	12.7×
2018	n/m a value too high to mean anything
2017	n/m a value too high to mean anything
2016	19.2×	17.9×	19.2×
2015	19.3×	16.3×	19.8×
2014	17.5×	3.8×	17.7×

Against its peers

Companies in Banks - Regional nearest Independent Bank's size, closest first, today.

Company	PE ratio
IBCPIndependent Bank	10.8×
SPFISouth Plains Financial	11.7×
PGCPeapack Gladstone Financial	15.7×
HTBHomeTrust Bancshares	12.6×
SMBCSouthern Missouri Bancorp	11.2×
CCBGCapital City Bank	14.0×
MPBMID Penn Bancorp	12.1×
ORRFOrrstown Financial Services	10.0×
GSBCGreat Southern Bancorp	13.4×
WASHWashington Trust Bancorp	13.5×
THFFFirst Financial	10.7×
Peer median	12.4×

Where Independent Bank ranks

#33of 193Regional banks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Independent Bank

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.