INDEPENDENT BANK CORP /MI/ Quarterly Return On Assets in % from Q1 2012 to Q3 2024

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Independent Bank Corp /Mi/ quarterly/annual Return On Assets history and growth rate from Q1 2012 to Q3 2024.
  • Independent Bank Corp /Mi/ Return On Assets for the quarter ending September 30, 2024 was 1.18 %, unchanged year-over-year.
  • Independent Bank Corp /Mi/ annual Return On Assets for 2023 was 1.14 %, a 12.3% decline from 2022.
  • Independent Bank Corp /Mi/ annual Return On Assets for 2022 was 1.3 %, a 5.79% decline from 2021.
  • Independent Bank Corp /Mi/ annual Return On Assets for 2021 was 1.38 %, a 1.43% decline from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 1.18 0 0% Jul 1, 2024 Sep 30, 2024
Q2 2024 1.26 +0.06 +5.04% Apr 1, 2024 Jun 30, 2024
Q1 2024 1.19 +0.02 +1.7% Jan 1, 2024 Mar 31, 2024
Q4 2023 1.14 -0.16 -12.3% Oct 1, 2023 Dec 31, 2023
Q3 2023 1.18 -0.08 -6.33% Jul 1, 2023 Sep 30, 2023
Q2 2023 1.19 -0.07 -5.57% Apr 1, 2023 Jun 30, 2023
Q1 2023 1.17 -0.09 -7.1% Jan 1, 2023 Mar 31, 2023
Q4 2022 1.3 -0.08 -5.79% Oct 1, 2022 Dec 31, 2022
Q3 2022 1.26 -0.26 -17.1% Jul 1, 2022 Sep 30, 2022
Q2 2022 1.26 -0.39 -23.7% Apr 1, 2022 Jun 30, 2022
Q1 2022 1.27 -0.47 -27% Jan 1, 2022 Mar 31, 2022
Q4 2021 1.38 -0.02 -1.43% Oct 1, 2021 Dec 31, 2021
Q3 2021 1.52 +0.14 +10.2% Jul 1, 2021 Sep 30, 2021
Q2 2021 1.65 +0.4 +32.2% Apr 1, 2021 Jun 30, 2021
Q1 2021 1.74 +0.56 +47.4% Jan 1, 2021 Mar 31, 2021
Q4 2020 1.4 +0.07 +5.25% Oct 1, 2020 Dec 31, 2020
Q3 2020 1.38 +0.14 +11.3% Jul 1, 2020 Sep 30, 2020
Q2 2020 1.24 0 0% Apr 1, 2020 Jun 30, 2020
Q1 2020 1.18 -0.03 -2.48% Jan 1, 2020 Mar 31, 2020
Q4 2019 1.33 +0.08 +6.37% Oct 1, 2019 Dec 31, 2019
Q3 2019 1.24 +0.19 +18.2% Jul 1, 2019 Sep 30, 2019
Q2 2019 1.25 +0.33 +36% Apr 1, 2019 Jun 30, 2019
Q1 2019 1.21 +0.35 +40.7% Jan 1, 2019 Mar 31, 2019
Q4 2018 1.26 +0.5 +66% Oct 1, 2018 Dec 31, 2018
Q3 2018 1.04 +0.11 +11.8% Jul 1, 2018 Sep 30, 2018
Q2 2018 0.92 -0.01 -1.07% Apr 1, 2018 Jun 30, 2018
Q1 2018 0.86 -0.11 -11.3% Jan 1, 2018 Mar 31, 2018
Q4 2017 0.76 -0.15 -16.5% Oct 1, 2017 Dec 31, 2017
Q3 2017 0.93 +0.02 +2.2% Jul 1, 2017 Sep 30, 2017
Q2 2017 0.93 +0.06 +6.91% Apr 1, 2017 Jun 30, 2017
Q1 2017 0.97 +0.12 +14.1% Jan 1, 2017 Mar 31, 2017
Q4 2016 0.91 +0.06 +7.06% Oct 1, 2016 Dec 31, 2016
Q3 2016 0.91 +0.12 +15.1% Jul 1, 2016 Sep 30, 2016
Q2 2016 0.87 +0.07 +8.74% Apr 1, 2016 Jun 30, 2016
Q1 2016 0.85 +0.03 +3.64% Jan 1, 2016 Mar 31, 2016
Q4 2015 0.85 +0.05 +6.24% Oct 1, 2015 Dec 31, 2015
Q3 2015 0.79 -0.05 -5.92% Jul 1, 2015 Sep 30, 2015
Q2 2015 0.8 +0.01 +1.27% Apr 1, 2015 Jun 30, 2015
Q1 2015 0.82 -2.58 -75.7% Jan 1, 2015 Mar 31, 2015
Q4 2014 0.8 -2.79 -77.7% Oct 1, 2014 Dec 31, 2014
Q3 2014 0.85 -3.16 -78.9% Jul 1, 2014 Sep 30, 2014
Q2 2014 0.79 -3.26 -80.7% Apr 1, 2014 Jun 30, 2014
Q1 2014 3.41 +2.13 +167% Jan 1, 2014 Mar 31, 2014
Q4 2013 3.59 +2.46 +217% Oct 1, 2013 Dec 31, 2013
Q3 2013 4.01 +3.77 +1613% Jul 1, 2013 Sep 30, 2013
Q2 2013 4.04 +4.25 Mar 31, 2013 Jun 30, 2013
Q1 2013 1.28 +1.67 Jan 1, 2013 Mar 31, 2013
Q4 2012 1.13 Oct 1, 2012 Dec 31, 2012
Q3 2012 0.23 Jul 1, 2012 Sep 30, 2012
Q2 2012 -0.21 Mar 31, 2012 Jun 30, 2012
Q1 2012 -0.4 Jan 1, 2012 Mar 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.