Company / Total Assets
INDEPENDENT BANK CORP /MI/ Total Assets History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Assets
$5.5B
FY2025
5-year range
$4.7B / $5.5B
FY2021-FY2025
Trend
+3.1%
vs FY2024
Sector context
#301 of 407
Financials
What the data says
At $5.5B, INDEPENDENT BANK CORP /MI/'s total assets ranks #301 of 407 in the Financials sector. Total Assets has increased for 9 consecutive years, from $2.5B in FY2016 to $5.5B in FY2025.
Based on SEC 10-K filings.
$5.5B in FY2025 with a 5-year CAGR of +5.5%.
Improved from $5.3B to $5.5B over the past 2 years.
Financials sector context is included.
Total Assets over time
Growth rates
- 3-Year CAGR
- +3.3%
- 5-Year CAGR
- +5.5%
- 10-Year CAGR
- -
Sector benchmark
#301 of 407 in FinancialsTop 74% of 407This company $5.5B Sector average $91.1B
▼
-94.0% below sector average
Key checks
Key Insights
- INDEPENDENT BANK CORP /MI/'s total assets has grown for 9 consecutive years.
- 5-year CAGR of +5.5%, indicating consistent growth.
- In FY2025, total assets increased 3.1% year-over-year.
- Ranks #301 out of 407 companies in the Financials sector.
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 | Total AssetsValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $5.5B | +3.1% |
| FY2024 | $5.3B | +1.4% |
| FY2023 | $5.3B | +5.3% |
| FY2022 | $5.0B | +6.3% |
| FY2021 | $4.7B | +11.9% |
| FY2020 | $4.2B | +17.9% |
| FY2019 | $3.6B | +6.3% |
| FY2018 | $3.4B | +20.2% |
| FY2017 | $2.8B | +9.4% |
| FY2016 | $2.5B | +5.8% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026