Independent Bank Gross Margin 2010-2023 | IBCP
Current and historical gross margin for Independent Bank (IBCP) over the last 10 years. The current gross profit margin for Independent Bank as of December 31, 2023 is %.
| Independent Bank Gross Margin Historical Data |
| Date |
TTM Revenue |
TTM Gross Profit |
Gross Margin |
| 2023-12-31 |
$0.29B |
$0.21B |
71.63% |
| 2023-09-30 |
$0.28B |
$0.21B |
75.81% |
| 2023-06-30 |
$0.26B |
$0.21B |
81.23% |
| 2023-03-31 |
$0.24B |
$0.21B |
86.72% |
| 2022-12-31 |
$0.23B |
$0.21B |
91.77% |
| 2022-09-30 |
$0.22B |
$0.21B |
95.02% |
| 2022-06-30 |
$0.22B |
$0.21B |
95.81% |
| 2022-03-31 |
$0.21B |
$0.20B |
95.71% |
| 2021-12-31 |
$0.22B |
$0.21B |
95.81% |
| 2021-09-30 |
$0.22B |
$0.21B |
94.57% |
| 2021-06-30 |
$0.23B |
$0.22B |
94.71% |
| 2021-03-31 |
$0.23B |
$0.22B |
94.42% |
| 2020-12-31 |
$0.22B |
$0.20B |
92.31% |
| 2020-09-30 |
$0.22B |
$0.20B |
91.20% |
| 2020-06-30 |
$0.20B |
$0.18B |
88.73% |
| 2020-03-31 |
$0.20B |
$0.17B |
86.80% |
| 2019-12-31 |
$0.20B |
$0.17B |
86.29% |
| 2019-09-30 |
$0.19B |
$0.16B |
86.77% |
| 2019-06-30 |
$0.19B |
$0.16B |
88.11% |
| 2019-03-31 |
$0.18B |
$0.16B |
89.07% |
| 2018-12-31 |
$0.18B |
$0.16B |
90.86% |
| 2018-09-30 |
$0.17B |
$0.15B |
92.22% |
| 2018-06-30 |
$0.16B |
$0.15B |
92.36% |
| 2018-03-31 |
$0.15B |
$0.14B |
93.15% |
| 2017-12-31 |
$0.14B |
$0.13B |
93.62% |
| 2017-09-30 |
$0.14B |
$0.13B |
93.53% |
| 2017-06-30 |
$0.14B |
$0.13B |
94.85% |
| 2017-03-31 |
$0.13B |
$0.13B |
94.74% |
| 2016-12-31 |
$0.13B |
$0.12B |
95.31% |
| 2016-09-30 |
$0.12B |
$0.12B |
95.16% |
| 2016-06-30 |
$0.12B |
$0.12B |
95.04% |
| 2016-03-31 |
$0.12B |
$0.12B |
95.87% |
| 2015-12-31 |
$0.12B |
$0.12B |
95.04% |
| 2015-09-30 |
$0.12B |
$0.11B |
94.96% |
| 2015-06-30 |
$0.12B |
$0.11B |
94.17% |
| 2015-03-31 |
$0.12B |
$0.11B |
94.12% |
| 2014-12-31 |
$0.12B |
$0.11B |
94.12% |
| 2014-09-30 |
$0.12B |
$0.12B |
94.26% |
| 2014-06-30 |
$0.12B |
$0.12B |
93.50% |
| 2014-03-31 |
$0.13B |
$0.12B |
92.97% |
| 2013-12-31 |
$0.13B |
$0.12B |
93.18% |
| 2013-09-30 |
$0.15B |
$0.14B |
93.10% |
| 2013-06-30 |
$0.15B |
$0.14B |
93.42% |
| 2013-03-31 |
$0.16B |
$0.14B |
92.90% |
| 2012-12-31 |
$0.16B |
$0.15B |
92.59% |
| 2012-09-30 |
$0.16B |
$0.14B |
91.67% |
| 2012-06-30 |
$0.15B |
$0.14B |
90.91% |
| 2012-03-31 |
$0.16B |
$0.14B |
89.24% |
| 2011-12-31 |
$0.16B |
$0.14B |
87.58% |
| 2011-09-30 |
$0.17B |
$0.15B |
86.13% |
| 2011-06-30 |
$0.18B |
$0.16B |
84.24% |
| 2011-03-31 |
$0.21B |
$0.18B |
84.29% |
| 2010-12-31 |
$0.22B |
$0.18B |
82.35% |
| 2010-09-30 |
$0.23B |
$0.19B |
81.30% |
| 2010-06-30 |
$0.24B |
$0.20B |
80.66% |
| 2010-03-31 |
$0.24B |
$0.20B |
79.92% |
| 2009-12-31 |
$0.25B |
$0.20B |
79.92% |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Midwest |
$0.522B |
$0.290B |
|
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.
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