Independent Bank Operating Margin 2012-2026 | 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 March 31, 2026 is 21.73%.
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Independent Bank Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2026-03-31 $0.32B $0.08B 26.27%
2025-12-31 $0.32B $0.08B 25.71%
2025-09-30 $0.32B $0.08B 26.09%
2025-06-30 $0.32B $0.08B 25.08%
2025-03-31 $0.32B $0.08B 25.39%
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%
2009-09-30 $0.24B $-0.07B -30.54%
2009-06-30 $0.23B $-0.07B -27.78%
2009-03-31 $0.23B $-0.06B -23.81%
2008-12-31 $0.24B $-0.04B -16.60%
2008-09-30 $0.25B $-0.01B -2.38%
2008-06-30 $0.26B $0.01B 3.41%
2008-03-31 $0.27B $0.00B 1.50%
2007-12-31 $0.27B $0.01B 3.70%
2007-09-30 $0.27B $0.01B 3.33%
2007-06-30 $0.27B $0.02B 6.72%
2007-03-31 $0.26B $0.03B 12.50%
2006-12-31 $0.26B $0.05B 17.49%
2006-09-30 $0.25B $0.06B 23.29%
2006-06-30 $0.25B $0.06B 25.20%
2006-03-31 $0.24B $0.07B 26.75%
2005-12-31 $0.24B $0.06B 27.23%
2005-09-30 $0.23B $0.07B 29.39%
2005-06-30 $0.22B $0.06B 29.22%
2005-03-31 $0.21B $0.06B 28.64%
2004-12-31 $0.19B $0.05B 28.13%
2004-09-30 $0.19B $0.05B 25.52%
2004-06-30 $0.19B $0.05B 26.34%
2004-03-31 $0.18B $0.05B 27.32%
2003-12-31 $0.18B $0.05B 28.02%
2003-09-30 $0.18B $0.05B 28.09%
2003-06-30 $0.17B $0.05B 27.06%
2003-03-31 $0.16B $0.04B 26.22%
2002-12-31 $0.16B $0.04B 25.47%
2002-09-30 $0.16B $0.04B 24.38%
2002-06-30 $0.16B $0.04B 23.60%
2002-03-31 $0.16B $0.04B 22.22%
2001-12-31 $0.16B $0.03B 20.37%
2001-09-30 $0.16B $0.03B 18.01%
2001-06-30 $0.16B $0.03B 17.50%
2001-03-31 $0.16B $0.03B 16.46%
2000-12-31 $0.16B $0.03B 16.03%
2000-09-30 $0.15B $0.01B 3.29%
2000-06-30 $0.15B $-0.01B -3.38%
2000-03-31 $0.13B $-0.01B -5.22%
1999-12-31 $0.12B $-0.01B -7.38%
1999-09-30 $0.11B $0.01B 8.93%
1999-06-30 $0.10B $0.02B 15.69%
1999-03-31 $0.10B $0.02B 15.69%
1998-12-31 $0.10B $0.02B 15.00%
1998-09-30 $0.10B $0.03B 35.05%
1998-06-30 $0.09B $0.05B 49.46%
1998-03-31 $0.09B $0.06B 65.17%
1997-12-31 $0.09B $0.07B 80.23%
1997-09-30 $0.08B $0.06B 74.07%
1997-06-30 $0.08B $0.06B 74.03%
1997-03-31 $0.07B $0.04B 61.97%
1996-12-31 $0.07B $0.03B 50.77%
1996-09-30 $0.06B $0.03B 49.18%
1996-06-30 $0.06B $0.03B 48.21%
1996-03-31 $0.05B $0.03B 62.26%
1995-12-31 $0.05B $0.04B 76.00%
1995-06-30 $0.03B $0.03B 81.82%
1995-03-31 $0.03B $0.02B 60.71%
1994-09-30 $0.03B $0.01B 50.00%
1994-06-30 $0.04B $0.00B 11.43%
1994-03-31 $0.03B $0.01B 14.71%
1993-12-31 $0.03B $0.01B 15.15%
1993-09-30 $0.04B $0.01B 11.90%
1993-06-30 $0.03B $0.01B 18.75%
1993-03-31 $0.04B $0.01B 22.86%
1992-12-31 $0.04B $0.01B 20.00%
1992-09-30 $0.04B $0.01B 18.92%
1992-06-30 $0.04B $0.01B 15.79%
1992-03-31 $0.04B $0.01B 12.82%
1991-12-31 $0.04B $0.01B 12.82%
1991-09-30 $0.04B $0.00B 10.53%
1991-06-30 $0.04B $0.00B 10.81%
1991-03-31 $0.04B $0.00B 11.11%
1990-12-31 $0.04B $0.00B 11.11%
1990-09-30 $0.04B $0.00B 11.11%
1990-06-30 $0.04B $0.00B 11.11%
1990-03-31 $0.04B $0.00B 11.11%
1989-12-31 $0.04B $0.00B 11.43%
1989-09-30 $0.03B $0.00B 11.76%
1989-06-30 $0.03B $0.00B 12.12%
1989-03-31 $0.03B $0.00B 9.68%
1988-12-31 $0.03B $0.00B 6.67%
1988-09-30 $0.03B $0.00B 3.45%
1988-06-30 $0.03B $0.00B 3.70%
1988-03-31 $0.03B $0.00B 7.69%
1987-12-31 $0.03B $0.00B 8.00%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.714B $0.315B
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
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Wintrust Financial (WTFC) United States $9.840B 12.49
UMB Financial (UMBF) United States $9.154B 10.62
Old National Bancorp (ONB) United States $9.075B 10.73
Commerce Bancshares (CBSH) United States $7.414B 12.05
Associated Banc-Corp (ASB) United States $4.543B 9.92
First Interstate BancSystem (FIBK) United States $3.441B 11.54
First Financial Bancorp (FFBC) United States $3.074B 10.03
First Merchants (FRME) United States $2.601B 10.56
First Busey (BUSE) United States $2.280B 10.58
Enterprise Financial Services (EFSC) United States $2.132B 11.04
1st Source (SRCE) United States $1.798B 11.53
German American Bancorp (GABC) United States $1.652B 12.48
Lakeland Financial (LKFN) United States $1.538B 15.18
QCR Holdings (QCRH) United States $1.520B 11.88
Peoples Bancorp (PEBO) United States $1.232B 11.00
Old Second Bancorp (OSBC) United States $1.103B 10.45
FirstSun Capital Bancorp (FSUN) United States $1.052B 10.67
MidWestOne Financial (MOFG) United States $1.017B 17.24
Mercantile Bank (MBWM) United States $0.924B 9.80
First Financial Indiana (THFF) United States $0.795B 10.01
Civista Bancshares (CIVB) United States $0.593B 8.75
Farmers National Banc (FMNB) United States $0.524B 8.79
First Business Financial Services (FBIZ) United States $0.489B 9.85
Ames National (ATLO) United States $0.260B 13.69
First Western Financial (MYFW) United States $0.258B 19.62
Ohio Valley Banc (OVBC) United States $0.215B 13.77
Eagle Bancorp Montana (EBMT) United States $0.175B 11.66
CSB Bancorp (CSBB) United States $0.163B 12.25
BNCCORP (BNCC) United States $0.124B 14.07
United Bancshares (UBOH) United States $0.103B 9.22
United Bancorp (UBCP) United States $0.093B 12.10
Solera National Bancorp (SLRK) United States $0.082B 3.55
Central Plains Bancshares (CPBI) United States $0.075B 17.20
Commercial National Financial (CEFC) United States $0.056B 8.44