INDEPENDENT BANK CORPORATION
P/B (Price-to-Book)
Price
Book Per Share
P/B (Price-to-Book)
| Fiscal Year | P/B (Price-to-Book) | Book Per Share | Price |
|---|---|---|---|
| Dec 2010 | 0.09x | $0.01 | $0.00 |
| Dec 2011 | 0.11x | $0.01 | $0.00 |
| Dec 2012 | 0.24x | $14.84 | $3.50 |
| Dec 2013 | 1.18x | $10.15 | $12.00 |
| Dec 2014 | 1.20x | $10.92 | $13.05 |
| Dec 2015 | 1.37x | $11.11 | $15.23 |
| Dec 2016 | 1.86x | $11.66 | $21.70 |
| Dec 2017 | 1.80x | $12.42 | $22.35 |
| Dec 2018 | 1.45x | $14.48 | $21.02 |
| Dec 2019 | 1.48x | $15.30 | $22.65 |
| Dec 2020 | 1.04x | $17.72 | $18.47 |
| Dec 2021 | 1.29x | $18.46 | $23.87 |
| Dec 2022 | 1.45x | $16.48 | $23.92 |
| Dec 2023 | 1.35x | $19.28 | $26.02 |
| Dec 2024 | 1.60x | $21.76 | $34.83 |
| Dec 2025 | 1.35x | $24.23 | $32.77 |