Independent Bank Operating Margin 2010-2024 | IBCP

Current and historical operating margin for Independent Bank (IBCP) over the last 10 years. The current operating profit margin for Independent Bank as of December 31, 2024 is 20.62%.
Independent Bank Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2024-12-31 $0.32B $0.08B 25.62%
2024-09-30 $0.31B $0.08B 25.00%
2024-06-30 $0.31B $0.08B 26.60%
2024-03-31 $0.30B $0.08B 25.74%
2023-12-31 $0.29B $0.07B 25.61%
2023-09-30 $0.28B $0.08B 27.08%
2023-06-30 $0.26B $0.07B 28.35%
2023-03-31 $0.24B $0.07B 29.88%
2022-12-31 $0.23B $0.08B 33.77%
2022-09-30 $0.22B $0.08B 33.94%
2022-06-30 $0.22B $0.07B 34.42%
2022-03-31 $0.21B $0.07B 34.76%
2021-12-31 $0.22B $0.08B 36.28%
2021-09-30 $0.22B $0.08B 37.56%
2021-06-30 $0.23B $0.09B 38.33%
2021-03-31 $0.23B $0.09B 38.63%
2020-12-31 $0.22B $0.07B 31.22%
2020-09-30 $0.22B $0.07B 30.09%
2020-06-30 $0.20B $0.06B 27.94%
2020-03-31 $0.20B $0.05B 26.40%
2019-12-31 $0.20B $0.06B 29.44%
2019-09-30 $0.19B $0.05B 28.04%
2019-06-30 $0.19B $0.05B 28.11%
2019-03-31 $0.18B $0.05B 28.96%
2018-12-31 $0.18B $0.05B 29.71%
2018-09-30 $0.17B $0.05B 30.54%
2018-06-30 $0.16B $0.05B 29.30%
2018-03-31 $0.15B $0.04B 28.08%
2017-12-31 $0.14B $0.04B 27.66%
2017-09-30 $0.14B $0.04B 26.62%
2017-06-30 $0.14B $0.04B 26.47%
2017-03-31 $0.13B $0.04B 27.07%
2016-12-31 $0.13B $0.03B 25.78%
2016-09-30 $0.12B $0.03B 25.81%
2016-06-30 $0.12B $0.03B 24.79%
2016-03-31 $0.12B $0.03B 23.97%
2015-12-31 $0.12B $0.03B 23.97%
2015-09-30 $0.12B $0.03B 21.85%
2015-06-30 $0.12B $0.03B 21.67%
2015-03-31 $0.12B $0.03B 21.85%
2014-12-31 $0.12B $0.03B 21.01%
2014-09-30 $0.12B $0.03B 21.31%
2014-06-30 $0.12B $0.02B 18.70%
2014-03-31 $0.13B $0.02B 17.19%
2013-12-31 $0.13B $0.02B 17.42%
2013-09-30 $0.15B $0.03B 20.00%
2013-06-30 $0.15B $0.03B 21.05%
2013-03-31 $0.16B $0.03B 18.71%
2012-12-31 $0.16B $0.03B 16.67%
2012-09-30 $0.16B $0.01B 4.49%
2012-06-30 $0.15B $-0.01B -3.25%
2012-03-31 $0.16B $-0.01B -5.70%
2011-12-31 $0.16B $-0.02B -12.42%
2011-09-30 $0.17B $-0.02B -9.83%
2011-06-30 $0.18B $-0.02B -10.87%
2011-03-31 $0.21B $-0.01B -5.71%
2010-12-31 $0.22B $-0.02B -8.60%
2010-09-30 $0.23B $-0.05B -20.43%
2010-06-30 $0.24B $-0.06B -23.87%
2010-03-31 $0.24B $-0.07B -29.51%
2009-12-31 $0.25B $-0.08B -30.52%
Sector Industry Market Cap Revenue
Finance BANKS-MIDWEST $0.661B $0.323B
Independent Bank Corporation is a bank holding company. Its subsidiary banks principally serve rural and suburban communities located across Michigan's Lower Peninsula. The Banks emphasize service and convenience as a principal means of competing in the delivery of financial services.
Stock Name Country Market Cap PE Ratio
Huntington Bancshares (HBAN) US $22.028B 11.51
Commerce Bancshares (CBSH) US $8.449B 15.26
Wintrust Financial (WTFC) US $7.751B 11.46
UMB Financial (UMBF) US $7.618B 10.58
Old National Bancorp (ONB) US $6.791B 11.42
Associated Banc-Corp (ASB) US $3.853B 10.38
First Interstate BancSystem (FIBK) US $2.828B 12.82
First Financial Bancorp (FFBC) US $2.287B 9.02
First Merchants (FRME) US $2.168B 10.37
Enterprise Financial Services (EFSC) US $1.957B 10.32
1st Source (SRCE) US $1.511B 10.57
Lakeland Financial (LKFN) US $1.489B 17.29
German American Bancorp (GABC) US $1.454B 13.08
First Busey (BUSE) US $1.235B 9.95
QCR Holdings (QCRH) US $1.123B 9.52
Peoples Bancorp (PEBO) US $1.064B 9.21
FirstSun Capital Bancorp (FSUN) US $0.994B 10.44
Old Second Bancorp (OSBC) US $0.734B 8.76
Mercantile Bank (MBWM) US $0.708B 9.05
First Financial Indiana (THFF) US $0.601B 10.97
MidWestOne Financial (MOFG) US $0.596B 11.31
Farmers National Banc (FMNB) US $0.506B 10.03
First Business Financial Services (FBIZ) US $0.413B 9.52
Civista Bancshares (CIVB) US $0.356B 10.13
Heartland BancCorp (HLAN) US $0.326B 16.39
First Western Financial (MYFW) US $0.210B 20.91
Ohio Valley Banc (OVBC) US $0.180B 14.27
Ames National (ATLO) US $0.158B 13.93
Eagle Bancorp Montana (EBMT) US $0.143B 12.74
CSB Bancorp (CSBB) US $0.108B 10.17
BNCCORP (BNCC) US $0.103B 12.83
United Bancshares (UBOH) US $0.080B 7.88
United Bancorp (UBCP) US $0.075B 9.89
Central Plains Bancshares (CPBI) US $0.063B 0.00