Company / Operating Cash Flow
INDEPENDENT BANK CORP /MI/ Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$76.7M
FY2025
5-year range
$63.2M / $110.2M
FY2021-FY2025
Trend
+21.4%
vs FY2024
Sector context
#312 of 405
Financials
What the data says
INDEPENDENT BANK CORP /MI/'s operating cash flow of $77M is lower than 77% of companies in the Financials sector (FY2025). Operating Cash Flow returned to growth in FY2025 after 3 years of decline, reaching $77M.
Based on SEC 10-K filings.
$77M in FY2025 with a 5-year CAGR of +5.5%.
Remained stable around $77M over the past 2 years.
Financials sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- -6.8%
- 5-Year CAGR
- +5.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom 23% in FinancialsTop 77% of 405This company $76.7M Sector average $611.8M
▼
-87.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.5%, indicating consistent growth.
- In FY2025, operating cash flow increased 21.4% year-over-year.
- Ranks #312 out of 405 companies in the Financials sector.
- Peak operating cash flow was recorded in FY2021.
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 | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $76.7M | +21.4% |
| FY2024 | $63.2M | -16.5% |
| FY2023 | $75.6M | -20.1% |
| FY2022 | $94.6M | -14.1% |
| FY2021 | $110.2M | +87.7% |
| FY2020 | $58.7M | +70.1% |
| FY2019 | $34.5M | -23.2% |
| FY2018 | $44.9M | +16.4% |
| FY2017 | $38.6M | +62.9% |
| FY2016 | $23.7M | +3.7% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026