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CGBD vs IBCP

Comparison between Carlyle Secured Lending Inc (CGBD, Company) and Independent Bank Corporation (Ionia MI) (IBCP, Company).

Both CGBD and IBCP are from the Financial Services sector.

5-Year PerformanceIBCP has outperformed CGBD, delivering a return of +16.4% compared to +7.6%

CGBD vs IBCP - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
CGBD
$745M
Winner
IBCP
$747M
Max Drawdown
Winner
CGBD
78.14%
IBCP
98.00%
Sharpe Ratio
CGBD
-0.79
Winner
IBCP
0.40
5Y Beta
Winner
CGBD
0.61
IBCP
0.73
Industry
CGBD
Asset Management
IBCP
Banks - Regional
P/E Ratio
CGBD
14.92
Winner
IBCP
10.72
Forward P/E
Winner
CGBD
7.67
IBCP
12.05
PEG Ratio
CGBD
3.54
Winner
IBCP
1.62
Dividend Yield
Winner
CGBD
15.10%
IBCP
2.81%
5Y Dividends CAGR
Winner
CGBD
5.96%
IBCP
5.61%
5Y EPS CAGR
CGBD
N/A
IBCP
0.15%
Debt to Equity
CGBD
123.55%
Winner
IBCP
0.00%
Free Cash Flow Yield
CGBD
-18.52%
Winner
IBCP
3.46%
P/S Ratio
Winner
CGBD
2.73
IBCP
3.29
P/B Ratio
Winner
CGBD
0.65
IBCP
1.46

CGBD vs IBCP - Historical Returns

Returns include dividend reinvestment.

1M
CGBD
-0.58%
Winner
IBCP
+6.24%
3M
CGBD
-8.65%
Winner
IBCP
+5.54%
6M
CGBD
-12.97%
Winner
IBCP
+9.28%
1Y
CGBD
-15.82%
Winner
IBCP
+9.55%
5Y(CAGR)
CGBD
+7.60%
Winner
IBCP
+16.40%
10Y(CAGR)
CGBD
+6.52%
Winner
IBCP
+13.14%
Max(CAGR)
CGBD
+6.52%
Winner
IBCP
+7.57%

CGBD vs IBCP - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

YearCGBDIBCP
2026-10.82%+14.95%
2025-22.30%-2.22%
2024+33.98%+39.94%
2023+15.85%+12.93%
2022+17.64%+2.86%
2021+49.86%+32.60%
2020-8.93%-14.28%
2019+17.77%+9.60%
2018-25.29%-5.62%
2017+18.03%+3.33%
2016N/A+51.39%
2015N/A+22.89%
2014N/A+8.49%
2013N/A+242.86%
2012N/A+157.68%
2011N/A-2.21%
2010N/A+78.08%
2009N/A-67.38%
2008N/A-75.62%
2007N/A-60.53%
2006N/A-7.84%
2005N/A+0.96%
2004N/A+6.99%
2003N/A+57.58%
2002N/A+11.75%
2001N/A+54.45%

CGBD vs IBCP Drawdown Comparison

The maximum drawdown for CGBD was -71.12%, occurring on Mar 23, 2020. Recovery took 804 trading sessions.

The maximum drawdown for IBCP was -97.75%, occurring on Dec 1, 2009. Recovery took 3117 trading sessions.

The current CGBD drawdown is -32.10%. The current IBCP drawdown is -3.55%.

RankCGBDIBCP
#1-71.12%
Dec 29, 2017 - Mar 12, 2021
-97.75%
Dec 1, 2005 - Apr 23, 2018
#2-35.08%
Jan 31, 2025 - Mar 16, 2026
-61.76%
Jun 8, 2018 - Mar 12, 2021
#3-18.93%
Aug 12, 2022 - Nov 15, 2022
-36.44%
Dec 1, 2022 - Dec 13, 2023
#4-17.72%
Apr 19, 2022 - Aug 11, 2022
-29.16%
Jan 14, 2022 - Dec 1, 2022
#5-13.98%
Feb 24, 2023 - Jul 7, 2023
-27.46%
Nov 11, 2024 - Jul 16, 2026
#6-12.77%
Jul 28, 2023 - Dec 13, 2023
-20.87%
Dec 11, 2003 - Nov 29, 2004
#7-12.20%
Jul 16, 2024 - Dec 11, 2024
-18.51%
Apr 12, 2021 - Nov 5, 2021
#8-9.75%
Oct 3, 2017 - Dec 27, 2017
-18.26%
Aug 22, 2001 - Dec 11, 2001
#9-7.87%
Apr 29, 2021 - Aug 4, 2021
-17.08%
Jun 14, 2002 - Aug 26, 2002
#10-5.55%
Jan 8, 2024 - Feb 27, 2024
-13.78%
Mar 7, 2005 - Jul 28, 2005
#11-5.32%
Aug 12, 2021 - Oct 19, 2021
-13.47%
Jan 30, 2024 - Jun 28, 2024
#12-4.84%
Nov 5, 2021 - Jan 4, 2022
-12.84%
Oct 1, 2002 - Apr 22, 2003
#13-4.47%
Jan 12, 2022 - Mar 2, 2022
-12.05%
May 31, 2001 - Jul 16, 2001
#14-3.91%
Mar 2, 2022 - Mar 17, 2022
-11.89%
Jun 4, 2003 - Jul 2, 2003
#15-3.68%
Jan 3, 2025 - Jan 16, 2025
-11.09%
Sep 19, 2024 - Nov 6, 2024

Correlation

Correlation between CGBD and IBCP is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83
-101

Dividend Comparison (2001 - 2026)

CGBD vs IBCP dividend yield comparison.

YearCGBDIBCP
20267.18%1.54%
202513.21%3.20%
202410.43%2.76%
202311.76%3.54%
202211.46%3.68%
202110.92%3.52%
202014.33%4.33%
201913.00%3.18%
201813.55%2.85%
20176.09%1.88%
20160.00%1.57%
20150.00%1.71%
20140.00%1.38%
20090.00%4.17%
20080.00%15.74%
20070.00%8.74%
20050.00%2.62%
20040.00%1.64%
20030.00%2.52%
20020.00%2.38%
20010.00%2.18%

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