Independent Bank CorporationIBCPNASDAQ
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Return on Tangible Assets Over Time
Trending higher, modest growth trend.
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Return on tangible assets
Latest
1.27%
↑ 11% above average
Average (9y)
1.14%
Historical baseline
Range
High:1.35%
Low:0.74%
CAGR
+4.8%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 1.27% | +11.6% |
| 2023 | 1.14% | -11.5% |
| 2022 | 1.29% | -5.0% |
| 2021 | 1.35% | +0.1% |
| 2020 | 1.35% | +2.2% |
| 2019 | 1.32% | +9.4% |
| 2018 | 1.21% | +63.6% |
| 2017 | 0.74% | -17.8% |
| 2016 | 0.90% | +7.5% |
| 2015 | 0.84% | - |