INDEPENDENT BANK CORPORATION
Returns on Capital
| Fiscal Year | ROE | ROI | ROA |
|---|---|---|---|
| FY2016 | 9.1% | 9.1% | 0.9% |
| FY2017 | 7.7% | 7.7% | 0.7% |
| FY2018 | 11.8% | 11.8% | 1.2% |
| FY2019 | 13.3% | 13.3% | 1.3% |
| FY2020 | 14.4% | 14.4% | 1.3% |
| FY2021 | 15.8% | 15.8% | 1.3% |
| FY2022 | 18.2% | 18.2% | 1.3% |
| FY2023 | 14.6% | 14.6% | 1.1% |
| FY2024 | 14.7% | 14.7% | 1.3% |
| FY2025 | 13.6% | 13.6% | 1.2% |