Independent Bank Net Profit Margin 2010-2023 | IBCP
Independent Bank net profit margin from 2010 to 2023. Net profit margin can be defined as net Income as a portion of total sales revenue.
| Independent Bank Net Profit Margin Historical Data |
| Date |
TTM Revenue |
TTM Net Income |
Net Margin |
| 2023-12-31 |
$0.29B |
$0.06B |
20.76% |
| 2023-09-30 |
$0.28B |
$0.06B |
22.02% |
| 2023-06-30 |
$0.26B |
$0.06B |
22.99% |
| 2023-03-31 |
$0.24B |
$0.06B |
24.07% |
| 2022-12-31 |
$0.23B |
$0.06B |
27.27% |
| 2022-09-30 |
$0.22B |
$0.06B |
27.60% |
| 2022-06-30 |
$0.22B |
$0.06B |
27.91% |
| 2022-03-31 |
$0.21B |
$0.06B |
28.10% |
| 2021-12-31 |
$0.22B |
$0.06B |
29.30% |
| 2021-09-30 |
$0.22B |
$0.07B |
30.32% |
| 2021-06-30 |
$0.23B |
$0.07B |
31.28% |
| 2021-03-31 |
$0.23B |
$0.07B |
31.76% |
| 2020-12-31 |
$0.22B |
$0.06B |
25.79% |
| 2020-09-30 |
$0.22B |
$0.05B |
25.00% |
| 2020-06-30 |
$0.20B |
$0.05B |
22.55% |
| 2020-03-31 |
$0.20B |
$0.04B |
21.32% |
| 2019-12-31 |
$0.20B |
$0.05B |
23.35% |
| 2019-09-30 |
$0.19B |
$0.04B |
22.22% |
| 2019-06-30 |
$0.19B |
$0.04B |
22.70% |
| 2019-03-31 |
$0.18B |
$0.04B |
21.86% |
| 2018-12-31 |
$0.18B |
$0.04B |
22.86% |
| 2018-09-30 |
$0.17B |
$0.03B |
19.16% |
| 2018-06-30 |
$0.16B |
$0.03B |
17.20% |
| 2018-03-31 |
$0.15B |
$0.02B |
16.44% |
| 2017-12-31 |
$0.14B |
$0.02B |
14.89% |
| 2017-09-30 |
$0.14B |
$0.03B |
17.99% |
| 2017-06-30 |
$0.14B |
$0.02B |
17.65% |
| 2017-03-31 |
$0.13B |
$0.02B |
18.05% |
| 2016-12-31 |
$0.13B |
$0.02B |
17.19% |
| 2016-09-30 |
$0.12B |
$0.02B |
17.74% |
| 2016-06-30 |
$0.12B |
$0.02B |
17.36% |
| 2016-03-31 |
$0.12B |
$0.02B |
17.36% |
| 2015-12-31 |
$0.12B |
$0.02B |
17.36% |
| 2015-09-30 |
$0.12B |
$0.02B |
15.97% |
| 2015-06-30 |
$0.12B |
$0.02B |
15.83% |
| 2015-03-31 |
$0.12B |
$0.02B |
15.97% |
| 2014-12-31 |
$0.12B |
$0.02B |
15.13% |
| 2014-09-30 |
$0.12B |
$0.02B |
15.57% |
| 2014-06-30 |
$0.12B |
$0.02B |
19.51% |
| 2014-03-31 |
$0.13B |
$0.08B |
62.50% |
| 2013-12-31 |
$0.13B |
$0.08B |
62.12% |
| 2013-09-30 |
$0.15B |
$0.09B |
60.69% |
| 2013-06-30 |
$0.15B |
$0.08B |
54.61% |
| 2013-03-31 |
$0.16B |
$0.02B |
15.48% |
| 2012-12-31 |
$0.16B |
$0.02B |
12.96% |
| 2012-09-30 |
$0.16B |
0 |
0.00% |
| 2012-06-30 |
$0.15B |
$-0.01B |
-6.49% |
| 2012-03-31 |
$0.16B |
$-0.01B |
-8.86% |
| 2011-12-31 |
$0.16B |
$-0.02B |
-14.91% |
| 2011-09-30 |
$0.17B |
$-0.02B |
-10.98% |
| 2011-06-30 |
$0.18B |
$-0.02B |
-11.96% |
| 2011-03-31 |
$0.21B |
$-0.01B |
-6.67% |
| 2010-12-31 |
$0.22B |
$-0.02B |
-9.50% |
| 2010-09-30 |
$0.23B |
$-0.07B |
-28.26% |
| 2010-06-30 |
$0.24B |
$-0.08B |
-31.28% |
| 2010-03-31 |
$0.24B |
$-0.09B |
-36.48% |
| 2009-12-31 |
$0.25B |
$-0.09B |
-37.75% |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Midwest |
$0.523B |
$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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