Company / Financials
INDEPENDENT BANK CORP /MI/ Financials
FY2010-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableRevenue
$32.1M
FY2025 · +0.3% YoY
Net Income
$68.5M
FY2025 · +2.6% YoY
Profit Margin
213.7%
FY2025 · net income / revenue
ROE
13.6%
FY2025 · return on equity
Total Assets
$5.5B
FY2025
Total Debt
-
FY2025
Equity
$503.0M
FY2025
ROA
1.2%
FY2025 · return on assets
Statement paths
Financial highlights
Key Data Points
- Altman Z-Score 0.09 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Metric history
Revenue HistoryTotal revenue from operations$32.1M+0.3% YoYNet Income HistoryProfit after all expenses and taxes$68.5M+2.6% YoYInterest Expense HistoryCost of borrowing and debt obligations-Income Tax HistoryTotal income tax expense$12.8M-21.6% YoYEPS (Basic) HistoryBasic earnings per share$2.82-6.0% YoYEPS (Diluted) HistoryDiluted earnings per share including stock options and convertibles$2.79-6.1% YoYShares Outstanding HistoryWeighted average diluted shares outstanding20.9M+0.3% YoYTotal Assets HistoryTotal value of all assets owned$5.5B+3.1% YoYShareholders' Equity HistoryTotal assets minus total liabilities$503.0M+10.6% YoYCash & Equivalents HistoryCash and short-term liquid investments$138.4M+15.4% YoY