Company / Capital Returned to Shareholders
INDEPENDENT BANK CORP /MI/ Capital Returned to Shareholders History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Returned to Shareholders
$34.0M
FY2025
5-year range
$20.0M / $35.4M
FY2021-FY2025
Trend
+69.8%
vs FY2024
Sector context
#287 of 362
Financials
What the data says
INDEPENDENT BANK CORP /MI/'s capital returned to shareholders of $34M is lower than 79% of companies in the Financials sector (FY2025). Capital Returned to Shareholders has fluctuated over the past 10 years, ranging from $9M in FY2017 to $43M in FY2019.
Based on SEC 10-K filings.
$34M in FY2025 with a 5-year CAGR of +1.3%.
Improved from $24M to $34M over the past 2 years.
Financials sector context is included.
Capital Returned to Shareholders over time
Growth rates
- 3-Year CAGR
- +14.7%
- 5-Year CAGR
- +1.3%
- 10-Year CAGR
- -
Sector benchmark
-97.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +1.3%, indicating consistent growth.
- In FY2025, capital returned to shareholders increased 69.8% year-over-year.
- Ranks #287 out of 362 companies in the Financials sector.
- Peak capital returned to shareholders was recorded in FY2019.
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 | Capital Returned to ShareholdersValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $34.0M | +69.8% |
| FY2024 | $20.0M | -18.1% |
| FY2023 | $24.5M | +8.5% |
| FY2022 | $22.6M | -36.3% |
| FY2021 | $35.4M | +11.2% |
| FY2020 | $31.8M | -25.7% |
| FY2019 | $42.8M | +60.2% |
| FY2018 | $26.7M | +198.4% |
| FY2017 | $9.0M | -62.9% |
| FY2016 | $24.1M | +24.4% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026