Quick Answer
INDEPENDENT BANK CORP /MI/ reported Net Income of $68.54 million for fiscal year 2025.
INDEPENDENT BANK CORP /MI/ Net Income — Annual History
| Fiscal Year | Net Income | YoY Change |
|---|---|---|
| 2025 | $68.54M | +2.6% |
| 2024 | $66.79M | +13.1% |
| 2023 | $59.07M | -6.8% |
| 2022 | $63.35M | +0.7% |
| 2021 | $62.90M | +12.0% |
| 2020 | $56.15M | +20.9% |
| 2019 | $46.44M | +16.6% |
| 2018 | $39.84M | +94.6% |
| 2017 | $20.48M | -10.1% |
| 2016 | $22.77M | +13.7% |
| 2015 | $20.02M | +11.1% |
| 2014 | $18.02M | -76.7% |
| 2013 | $77.51M | +195.9% |
| 2012 | $26.20M | +229.7% |
| 2011 | -$20.20M | -20.9% |
| 2010 | -$16.71M | +81.5% |
| 2009 | -$90.23M | — |
Quarterly Net Income
| Quarter Ending | Net Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $17.50M | +26.7% | +3.7% |
| June 30, 2025 | $16.88M | -8.9% | +8.3% |
| March 31, 2025 | $15.59M | -2.5% | +12.9% |
| September 30, 2024 | $13.81M | -21.3% | -25.5% |
| June 30, 2024 | $18.53M | +25.3% | +15.9% |
| March 31, 2024 | $15.99M | +23.1% | -8.8% |
| September 30, 2023 | $17.54M | +1.4% | +18.6% |
| June 30, 2023 | $14.79M | +13.8% | +13.8% |
- INDEPENDENT BANK CORP /MI/ showed an increase of +2.6% in Net Income compared to the prior fiscal year.
- Over the 2009–2025 period, INDEPENDENT BANK CORP /MI/’s net income has grown by 176.0% (from -$90.23 million to $68.54 million).
- The most recent figure is from INDEPENDENT BANK CORP /MI/’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 6, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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