Company / FCF Margin
INDEPENDENT BANK CORP /MI/ FCF Margin History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
218.8%
FY2025
5-year range
172.6% / 358.5%
FY2021-FY2025
Trend
+26.7%
vs FY2024
Sector context
#14 of 200
Financials
What the data says
Among 200 Financials companies, INDEPENDENT BANK CORP /MI/ is in the top 7% for fcf margin. FCF Margin returned to growth in FY2025 after 3 years of decline, reaching 218.8%.
Based on SEC 10-K filings.
218.8% in FY2025 with a 5-year CAGR of -7.2%. Top quartile in the Financials sector.
Improved from 211.4% to 218.8% over the past 2 years.
Financials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -62.3pp
- 5-Year Change
- -7.2pp
- 10-Year Change
- -
Sector benchmark
Top 7% in FinancialsTop 7% of 200This company 218.8% Sector average 214.4%
▼
+2.0% above sector average
Key checks
Key Insights
- In FY2025, fcf margin increased 26.7% year-over-year.
- Currently 4.3pp above the Financials sector average.
- Peak fcf margin was recorded in FY2021.
- Lowest fcf margin in the period was in FY2019.
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 | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 218.8% | +26.7% |
| FY2024 | 172.6% | -18.4% |
| FY2023 | 211.4% | -24.8% |
| FY2022 | 281.1% | -21.6% |
| FY2021 | 358.5% | +58.6% |
| FY2020 | 226.0% | +98.5% |
| FY2019 | 113.9% | -24.8% |
| FY2018 | 151.4% | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026