Company / Tangible Book Value per Share
Independent Bank Corp. Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$53.58
FY2025
5-year range
$40.99 / $58.28
FY2021-FY2025
Trend
+13.4%
vs FY2024
Sector context
#69 of 381
Financials
What the data says
Independent Bank Corp.'s tangible book value per share of $53.58 is higher than 82% of companies in the Financials sector (FY2025). Tangible Book Value per Share has increased for 3 consecutive years, from $40.99 in FY2022 to $53.58 in FY2025.
Based on SEC 10-K filings.
53.58 in FY2025 with a 5-year CAGR of +8.3%. Top quartile in the Financials sector.
Improved from $43.22 to $53.58 over the past 2 years.
Financials sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- +9.3%
- 5-Year CAGR
- +8.3%
- 10-Year CAGR
- -
Sector benchmark
-99.4% below sector average
Key checks
Key Insights
- Independent Bank Corp.'s tangible book value per share has grown for 3 consecutive years.
- In FY2025, tangible book value per share increased 13.4% year-over-year.
- Ranks #69 out of 381 companies in the Financials sector.
- Peak tangible book value per share was recorded in FY2021.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $53.58 | +13.4% |
| FY2024 | $47.24 | +9.3% |
| FY2023 | $43.22 | +5.4% |
| FY2022 | $40.99 | -29.7% |
| FY2021 | $58.28 | +62.1% |
| FY2020 | $35.95 | -1.7% |
| FY2019 | $36.58 | +78.3% |
| FY2018 | $20.51 | -18.4% |
| FY2017 | $25.12 | +3.3% |
| FY2016 | $24.31 | +10.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026