Company / Cash per Share
INDEPENDENT BANK CORP /MI/ Cash per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cash per Share
$6.62
FY2025
5-year range
$3.51 / $8.06
FY2021-FY2025
Trend
+15.1%
vs FY2024
Sector context
#130 of 247
Financials
What the data says
At $6.62, INDEPENDENT BANK CORP /MI/'s cash per share ranks #130 of 247 in the Financials sector. Cash per Share has fluctuated over the past 10 years, ranging from $2.57 in FY2017 to $8.06 in FY2023.
Based on SEC 10-K filings.
6.62 in FY2025 with a 5-year CAGR of +4.6%.
Declined from $8.06 to $6.62 over the past 2 years.
Financials sector context is included.
Cash per Share over time
Growth rates
- 3-Year CAGR
- +23.5%
- 5-Year CAGR
- +4.6%
- 10-Year CAGR
- -
Sector benchmark
#130 of 247 in FinancialsTop 53% of 247This company $6.62 Sector average $849.25
▼
-99.2% below sector average
Key checks
Key Insights
- In FY2025, cash per share increased 15.1% year-over-year.
- Ranks #130 out of 247 companies in the Financials sector.
- Peak cash per share was recorded in FY2023.
- Lowest cash per share in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.09 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cash per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.62 | +15.1% |
| FY2024 | $5.75 | -28.6% |
| FY2023 | $8.06 | +129.4% |
| FY2022 | $3.51 | -29.9% |
| FY2021 | $5.01 | -5.1% |
| FY2020 | $5.28 | +90.7% |
| FY2019 | $2.77 | -15.9% |
| FY2018 | $3.29 | +28.3% |
| FY2017 | $2.57 | -34.4% |
| FY2016 | $3.91 | +1.5% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026