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Annual data and sources

INDEPENDENT BANK CORP /MI/ (IBCP) · Nasdaq · USD · Sector unavailable · CIK 0000039311

Annual coverage: 2009-12-31–2025-12-31 (17 periods). Financial snapshot built 2026-10-09.

IBCP annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for INDEPENDENT BANK CORP /MI/
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
3.303.27Unavailable1.043.14%Basic EPS (2026-03-06)
Diluted EPS (2026-03-06)
Operating cash flow (2026-03-06) · Capex (2026-03-06)
Dividend (2026-03-06)
2024
2024-12-31
3.203.16Unavailable0.962.77%Basic EPS (2026-03-06)
Diluted EPS (2026-03-06)
Operating cash flow (2026-03-06) · Capex (2026-03-06)
Dividend (2026-03-06)
2023
2023-12-31
2.822.79Unavailable0.923.54%Basic EPS (2026-03-06)
Diluted EPS (2026-03-06)
Operating cash flow (2026-03-06) · Capex (2026-03-06)
Dividend (2026-03-06)
2022
2022-12-31
3.002.97Unavailable0.883.68%Basic EPS (2025-03-07)
Diluted EPS (2025-03-07)
Operating cash flow (2025-03-07) · Capex (2025-03-07)
Dividend (2025-03-07)
2021
2021-12-31
2.912.88Unavailable0.843.66%Basic EPS (2024-03-08)
Diluted EPS (2024-03-08)
Operating cash flow (2024-03-08) · Capex (2024-03-08)
Dividend (2024-03-08)
2020
2020-12-31
2.562.53Unavailable0.804.69%Basic EPS (2023-03-03)
Diluted EPS (2023-03-03)
Operating cash flow (2023-03-03) · Capex (2023-03-03)
Dividend (2023-03-03)
2019
2019-12-31
2.032.00Unavailable0.723.63%Basic EPS (2022-03-04)
Diluted EPS (2022-03-04)
Operating cash flow (2022-03-04) · Capex (2022-03-04)
Dividend (2022-03-04)
2018
2018-12-31
1.701.68Unavailable0.603.36%Basic EPS (2021-03-05)
Diluted EPS (2021-03-05)
Operating cash flow (2021-03-05) · Capex (2021-03-05)
Dividend (2021-03-05)
2017
2017-12-31
0.960.95Unavailable0.422.27%Basic EPS (2020-03-06)
Diluted EPS (2020-03-06)
Operating cash flow (2020-03-06) · Capex (2020-03-06)
Dividend (2020-03-06)
2016
2016-12-31
1.061.05Unavailable0.341.93%Basic EPS (2019-03-07)
Diluted EPS (2019-03-07)
Operating cash flow (2019-03-07) · Capex (2019-03-07)
Dividend (2019-03-07)
2015
2015-12-31
0.880.86Unavailable0.262.15%Basic EPS (2018-03-07)
Diluted EPS (2018-03-07)
Operating cash flow (2018-03-07) · Capex (2018-03-07)
Dividend (2018-03-07)
2014
2014-12-31
0.790.77Unavailable0.181.76%Basic EPS (2017-03-07)
Diluted EPS (2017-03-07)
Operating cash flow (2017-03-07) · Capex (2017-03-07)
Dividend (2017-03-07)
2013
2013-12-31
5.873.55Unavailable0.000.00%Basic EPS (2016-03-07)
Diluted EPS (2016-03-07)
Operating cash flow (2014-03-07) · Capex (2016-03-07)
Dividend (2016-03-07)
2012
2012-12-31
2.510.80Unavailable0.000.00%Basic EPS (2015-03-06)
Diluted EPS (2015-03-06)
Operating cash flow (2014-03-07) · Capex (2015-03-06)
Dividend (2015-03-06)
2011
2011-12-31
-2.94-2.94Unavailable0.000.00%Basic EPS (2014-03-07)
Diluted EPS (2014-03-07)
Operating cash flow (2014-03-07) · Capex (2014-03-07)
Dividend (2014-03-07)
2010
2010-12-31
-4.09-4.09Unavailable0.000.00%Basic EPS (2012-03-13)
Diluted EPS (2012-03-13)
Operating cash flow (2012-03-13) · Capex (2012-03-13)
Dividend (2012-03-13)
2009
2009-12-31
-39.60-39.60Unavailable0.305.41%Basic EPS (2012-03-13)
Diluted EPS (2012-03-13)
Operating cash flow (2012-03-13) · Capex (2012-03-13)
Dividend (2012-03-13)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2024-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2023-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2022-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2021-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2020-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2019-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2018-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2017-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2016-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2015-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2014-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2013-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2012-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2011-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2010-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable
2009-12-31UnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; averageDilutedShares: Banking or insurance accounting is outside this metric policy; totalDebt: Banking or insurance accounting is outside this metric policy; periodEndShares: Banking or insurance accounting is outside this metric policy

Source unavailable

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2024-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2023-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2022-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2021-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2020-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2019-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2018-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2017-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2016-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2015-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2014-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2013-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2012-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2011-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2010-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable
2009-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{},"recovered":{}}; fcfMargin: Banking or insurance accounting is outside this metric policy; cashConversion: Banking or insurance accounting is outside this metric policy; roce: Banking or insurance accounting is outside this metric policy

Source unavailable

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2024-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2023-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2022-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2021-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2020-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2019-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2018-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2017-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2016-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2015-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2014-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2013-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2012-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2011-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2010-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable
2009-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Banking or insurance accounting is outside this metric policy; operatingIncome: Banking or insurance accounting is outside this metric policy; netIncome: Banking or insurance accounting is outside this metric policy

Source unavailable

INDEPENDENT BANK CORP /MI/ (IBCP) P/E ratio history

The interactive P/E chart contains all 1129 stored weekly price points (2005-02-25–2026-10-08); 719 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

14 eligible fiscal-year-end observations span 2012-12-31–2025-12-31. Latest eligible diluted P/E: 10.13×; basic P/E: 10.04×, for fiscal end 2025-12-31, using the close on 2025-12-26.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (17 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-2633.12Adjusted close10.0410.13Basic EPS (2026-03-06) Diluted EPS (2026-03-06)
2024-12-312024-12-2734.69Adjusted close10.8410.98Basic EPS (2026-03-06) Diluted EPS (2026-03-06)
2023-12-312023-12-2926.02Adjusted close9.239.33Basic EPS (2026-03-06) Diluted EPS (2026-03-06)
2022-12-312022-12-3023.92Adjusted close7.978.05Basic EPS (2025-03-07) Diluted EPS (2025-03-07)
2021-12-312021-12-3122.92Adjusted close7.887.96Basic EPS (2024-03-08) Diluted EPS (2024-03-08)
2020-12-312020-12-3117.07Adjusted close6.676.75Basic EPS (2023-03-03) Diluted EPS (2023-03-03)
2019-12-312019-12-2719.84Adjusted close9.779.92Basic EPS (2022-03-04) Diluted EPS (2022-03-04)
2018-12-312018-12-2817.87Adjusted close10.5110.64Basic EPS (2021-03-05) Diluted EPS (2021-03-05)
2017-12-312017-12-2918.53Adjusted close19.3019.50Basic EPS (2020-03-06) Diluted EPS (2020-03-06)
2016-12-312016-12-3017.65Adjusted close16.6516.81Basic EPS (2019-03-07) Diluted EPS (2019-03-07)
2015-12-312015-12-3112.12Adjusted close13.7714.09Basic EPS (2018-03-07) Diluted EPS (2018-03-07)
2014-12-312014-12-2610.23Adjusted close12.9513.29Basic EPS (2017-03-07) Diluted EPS (2017-03-07)
2013-12-312013-12-279.38Adjusted close1.602.64Basic EPS (2016-03-07) Diluted EPS (2016-03-07)
2012-12-312012-12-282.64Adjusted close1.053.30Basic EPS (2015-03-06) Diluted EPS (2015-03-06)
2011-12-312011-12-301.02Adjusted closeUnavailableUnavailableBasic EPS (2014-03-07) Diluted EPS (2014-03-07)
2010-12-312010-12-311.00Adjusted closeUnavailableUnavailableBasic EPS (2012-03-13) Diluted EPS (2012-03-13)
2009-12-312009-12-315.54Adjusted closeUnavailableUnavailableBasic EPS (2012-03-13) Diluted EPS (2012-03-13)

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