Company / Shares Outstanding
INDEPENDENT BANK CORP /MI/ Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
20.9M
FY2025
5-year range
20.8M / 21.9M
FY2021-FY2025
Trend
+0.3%
vs FY2024
Sector context
#334 of 385
Financials
What the data says
INDEPENDENT BANK CORP /MI/'s shares outstanding of 20895714.00 is lower than 87% of companies in the Financials sector (FY2025). Shares Outstanding returned to growth in FY2025 after 5 years of decline, reaching 20895714.00.
Based on SEC 10-K filings.
20895714.00 in FY2025 with a 5-year CAGR of -1.5%.
Remained stable around 20895714.00 over the past 2 years.
Financials sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- -0.4%
- 5-Year CAGR
- -1.5%
- 10-Year CAGR
- -
Sector benchmark
Top 13% in FinancialsTop 13% of 385This company 20.9M Sector average 213.0M
▼
-90.2% below sector average
Key checks
Key Insights
- In FY2025, shares outstanding increased 0.3% year-over-year.
- Ranks #334 out of 385 companies in the Financials sector.
- Peak shares outstanding was recorded in FY2019.
- Lowest shares outstanding in the period was in FY2024.
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 | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 20.9M | +0.3% |
| FY2024 | 20.8M | -1.1% |
| FY2023 | 21.1M | -0.5% |
| FY2022 | 21.2M | -3.1% |
| FY2021 | 21.9M | -2.8% |
| FY2020 | 22.5M | -4.7% |
| FY2019 | 23.6M | +10.5% |
| FY2018 | 21.3M | +0.0% |
| FY2017 | 21.3M | +0.4% |
| FY2016 | 21.3M | -4.5% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026