Company / Assets per Share
INDEPENDENT BANK CORP /MI/ Assets per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Assets per Share
$263.49
FY2025
5-year range
$215.28 / $263.49
FY2021-FY2025
Trend
+2.8%
vs FY2024
Sector context
#170 of 382
Financials
What the data says
At $263.49, INDEPENDENT BANK CORP /MI/'s assets per share ranks #170 of 382 in the Financials sector. Assets per Share has increased for 6 consecutive years, from $151.18 in FY2019 to $263.49 in FY2025.
Based on SEC 10-K filings.
263.49 in FY2025 with a 5-year CAGR of +7.1%.
Improved from $249.89 to $263.49 over the past 2 years.
Financials sector context is included.
Assets per Share over time
Growth rates
- 3-Year CAGR
- +3.7%
- 5-Year CAGR
- +7.1%
- 10-Year CAGR
- -
Sector benchmark
#170 of 382 in FinancialsTop 45% of 382This company $263.49 Sector average $9671.60
▼
-97.3% below sector average
Key checks
Key Insights
- INDEPENDENT BANK CORP /MI/'s assets per share has grown for 6 consecutive years.
- In FY2025, assets per share increased 2.8% year-over-year.
- Ranks #170 out of 382 companies in the Financials sector.
- Lowest assets per share in the period was in FY2016.
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 | Assets per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $263.49 | +2.8% |
| FY2024 | $256.20 | +2.5% |
| FY2023 | $249.89 | +5.8% |
| FY2022 | $236.16 | +9.7% |
| FY2021 | $215.28 | +15.1% |
| FY2020 | $187.00 | +23.7% |
| FY2019 | $151.18 | -3.8% |
| FY2018 | $157.18 | +20.2% |
| FY2017 | $130.75 | +9.0% |
| FY2016 | $119.90 | +10.8% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026