Independent Bank CorporationIBCPNASDAQ
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ROIC Trend
Modest growth trend.
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Return on invested capital
Latest
9.76%
Near historical average
Average (9y)
9.48%
Historical baseline
Range
High:12.39%
Low:5.77%
CAGR
+4.3%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 9.76% | +5.9% |
| 2023 | 9.22% | -25.4% |
| 2022 | 12.36% | -0.3% |
| 2021 | 12.39% | +10.0% |
| 2020 | 11.27% | +16.1% |
| 2019 | 9.71% | -1.5% |
| 2018 | 9.86% | +71.0% |
| 2017 | 5.77% | -25.4% |
| 2016 | 7.73% | +15.2% |
| 2015 | 6.70% | - |