Company / Income Tax per Share
INDEPENDENT BANK CORP /MI/ Income Tax per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax per Share
$0.61
FY2025
5-year range
$0.52 / $0.78
FY2021-FY2025
Trend
-21.8%
vs FY2024
Sector context
#245 of 384
Financials
What the data says
At $0.61, INDEPENDENT BANK CORP /MI/'s income tax per share ranks #140 of 384 in the Financials sector. Income Tax per Share has fluctuated over the past 10 years, ranging from $0.41 in FY2020 to $0.84 in FY2017.
Based on SEC 10-K filings.
0.61 in FY2025 with a 5-year CAGR of +8.1%.
Improved from $0.69 to $0.61 over the past 2 years.
Financials sector context is included.
Income Tax per Share over time
Growth rates
- 3-Year CAGR
- -1.0%
- 5-Year CAGR
- +8.1%
- 10-Year CAGR
- -
Sector benchmark
#140 of 384 in FinancialsTop 36% of 384This company $0.61 Sector average $98.16
▼
-99.4% below sector average
Key checks
Key Insights
- In FY2025, income tax per share decreased 21.8% year-over-year.
- Ranks #245 out of 384 companies in the Financials sector.
- Peak income tax per share was recorded in FY2017.
- Lowest income tax per share in the period was in FY2020.
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 | Income Tax per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $0.61 | -21.8% |
| FY2024 | $0.78 | +12.5% |
| FY2023 | $0.69 | +10.2% |
| FY2022 | $0.63 | +21.5% |
| FY2021 | $0.52 | +25.4% |
| FY2020 | $0.41 | -45.7% |
| FY2019 | $0.76 | +60.4% |
| FY2018 | $0.48 | -43.6% |
| FY2017 | $0.84 | +76.6% |
| FY2016 | $0.48 | +13.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026