Stock Yearly Return 2022
Start date: 01/03/2022
End date: 12/30/2022
Start price/share: $24.21
End price/share: $23.92
Starting shares: 413.05
Ending shares: 430.02
Dividends reinvested/share: $0.88
Total return: 2.86%
IBCP Average Annual Return: 2.89%
Starting investment: $10,000.00
Ending investment: $10,286.00


IBCP average annual return is presented with the assumption of reinvestments of any dividends on ex-date.
Compare IBCP average annual return versus benchmarks:

S&P Average Annual Return
Dow Average Annual Return
Nasdaq 100 Average Annual Return
Russell 2000 Average Annual Return
Gold Average Annual Return
10 Year Treasury Average Annual Return
Growth of $10,000.00
With Dividends Reinvested Into IBCP


Also see:
IBCP YTD return
IBCP average annual return 10 years
Independent Bank is a bank holding company. Through its subsidiary, Independent Bank (the bank), Co. transacts business in the single industry of commercial banking. Co. provides banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. Co.'s bank does not provide trust services. Co.'s principal markets are the rural and suburban communities across Lower Michigan. Majority of Co.'s bank's branches provide lobby and drive-thru services, as well as automatic teller machines. Co. also provides internet and mobile banking capabilities to its customers. The IBCP stock yearly return is shown above.

The yearly return on the IBCP stock yearly return page and across the coverage universe of our site, is a measure of the annual return over the calendar year 2022 for the given stock. When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is more than just the change in price if that instrument pays a dividend or coupon.

One way to factor dividends into the return is simply to count them as cash — we don't do that here. Instead, our website aims to empower investors by performing the IBCP annual return calculation with any dividends reinvested as applicable (on ex-dates).
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Independent Bank (IBCP) is categorized under the Financials sector; to help you further research average annual return performance across stocks, below are some other companies in the same sector:

IBKR Average Annual Return
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