Performance analysis of Independent Bank Corporation (Ionia MI) (IBCP)
Annual Return
Over the past 3 years, IBCP has had an average annual return of +28.10%, outperforming the benchmark SPY, which returned +19.31% annual.
Over the past 5 years, IBCP has had an average annual return of +17.30%, outperforming the benchmark SPY, which returned +12.55% annual.
Over the past 10 years, IBCP has had an average annual return of +13.15%, underperforming the benchmark SPY, which returned +14.95% annual.
Since Jan 2, 2001, IBCP has had an average annual return of +7.57%, underperforming the benchmark SPY, which returned +9.03% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +14% | -3.51% | +38.49% | +14.01% | +4.33% | +34.25% | -14.20% | +11.37% | -3.51% | +4.99% | +45.63% | +18.93% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +10.30% | +242.44% | +163.47% | +2.31% | +80.63% | -66.04% | -76.32% | -60.53% | -7.12% | -1.65% | +7.14% | +61.15% |
| 2002 | 2001 | ||||||||||
| +11.47% | +54.45% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.05% | -0.38% | -4.17% | -0.27% | +4.22% | +5.10% | +1.17% | +14% | |||||
| 2025 | +4.51% | -5.98% | -9.39% | -1.07% | +4.37% | +2.79% | -5.74% | +8.59% | -5.82% | -2.44% | +8.97% | -0.37% | -3.51% |
| 2024 | -2.23% | -2.96% | +3.68% | -2.13% | +1.98% | +7.74% | +28.48% | -1.58% | -1.56% | -1.71% | +15.63% | -7.44% | +38.49% |
| 2023 | -7.32% | +0.47% | -19.41% | +0.28% | -6.90% | +3.73% | +21.82% | -6.57% | -3.93% | +8.78% | +9.60% | +20.35% | +14.01% |
| 2022 | +2.56% | -1.90% | -7.56% | -10.27% | +1.44% | -2.68% | +8.82% | -1.14% | -6.92% | +21.10% | +7.14% | -2.53% | +4.33% |
| 2021 | -0.59% | +13.74% | +14.37% | -0.34% | -0.23% | -6.82% | -3.13% | +0.57% | +2.58% | +4.89% | +0.99% | +5.85% | +34.25% |
| 2020 | -5.61% | -7.63% | -34.24% | +14.14% | -4.60% | +7.46% | -5.96% | +8.31% | -15.69% | +19.09% | +15.16% | +8.58% | -14.20% |
| 2019 | +5.43% | +5.77% | -7.53% | +0.14% | -0.95% | +3.02% | -0.23% | -9.82% | +9.73% | +5.58% | +0.07% | +1.34% | +11.37% |
| 2018 | +3.13% | -0.21% | +0.22% | +4.37% | +7.58% | -0.20% | -3.92% | +2.46% | -5.21% | -6.43% | +4.53% | -8.53% | -3.51% |
| 2017 | -3.23% | +2.38% | -3.27% | +7.73% | -8.34% | +6.88% | -2.53% | -3.31% | +11.03% | -0.66% | +0.08% | -0.22% | +4.99% |
Drawdown analysis of Independent Bank Corporation (Ionia MI) (IBCP)
The maximum drawdown for the IBCP was -97.75%, occurring on Dec 1, 2009. Recovery took 2111 trading sessions.
The current IBCP drawdown is -3.34%.
Since Jan 2, 2001 IBCP has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 2 times
- 30% or more: 3 times
- 20% or more: 6 times
- 10% or more: 17 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -97.75% | Dec 1, 2005 | 1006 | Dec 1, 2009 | 2111 | Apr 23, 2018 | 3117 |
| -61.76% | Jun 8, 2018 | 446 | Mar 18, 2020 | 248 | Mar 12, 2021 | 694 |
| -36.44% | Dec 1, 2022 | 110 | May 11, 2023 | 149 | Dec 13, 2023 | 259 |
| -29.16% | Jan 14, 2022 | 102 | Jun 13, 2022 | 119 | Dec 1, 2022 | 221 |
| -27.46% | Nov 11, 2024 | 98 | Apr 4, 2025 | 320 | Jul 16, 2026 | 418 |
| -20.88% | Dec 11, 2003 | 101 | May 7, 2004 | 141 | Nov 29, 2004 | 242 |
| -18.51% | Apr 12, 2021 | 68 | Jul 19, 2021 | 78 | Nov 5, 2021 | 146 |
| -18.26% | Aug 22, 2001 | 17 | Sep 21, 2001 | 56 | Dec 11, 2001 | 73 |
| -17.08% | Jun 14, 2002 | 24 | Jul 19, 2002 | 26 | Aug 26, 2002 | 50 |
| -13.78% | Mar 7, 2005 | 48 | May 13, 2005 | 52 | Jul 28, 2005 | 100 |
| -13.47% | Jan 30, 2024 | 52 | Apr 15, 2024 | 52 | Jun 28, 2024 | 104 |
| -12.85% | Oct 1, 2002 | 92 | Feb 12, 2003 | 47 | Apr 22, 2003 | 139 |
| -12.05% | May 31, 2001 | 20 | Jun 28, 2001 | 11 | Jul 16, 2001 | 31 |
| -11.89% | Jun 4, 2003 | 14 | Jun 24, 2003 | 6 | Jul 2, 2003 | 20 |
| -11.09% | Sep 19, 2024 | 10 | Oct 3, 2024 | 24 | Nov 6, 2024 | 34 |
| -10.99% | Sep 16, 2005 | 22 | Oct 18, 2005 | 31 | Dec 1, 2005 | 53 |
| -10.96% | Jul 25, 2024 | 9 | Aug 7, 2024 | 30 | Sep 19, 2024 | 39 |
| -9.65% | Dec 19, 2001 | 12 | Jan 8, 2002 | 11 | Jan 24, 2002 | 23 |
| -9.02% | Jan 31, 2002 | 28 | Mar 13, 2002 | 21 | Apr 12, 2002 | 49 |
| -8.43% | Aug 26, 2002 | 17 | Sep 19, 2002 | 8 | Oct 1, 2002 | 25 |
| -8.19% | Nov 11, 2021 | 21 | Dec 13, 2021 | 17 | Jan 6, 2022 | 38 |
| -7.95% | Mar 12, 2021 | 7 | Mar 23, 2021 | 13 | Apr 12, 2021 | 20 |
| -7.71% | Oct 14, 2003 | 6 | Oct 22, 2003 | 6 | Oct 30, 2003 | 12 |
| -7.51% | Apr 24, 2018 | 7 | May 3, 2018 | 12 | May 21, 2018 | 19 |
| -7.32% | May 15, 2001 | 2 | May 17, 2001 | 6 | May 25, 2001 | 8 |