Independent Bank Corp (Ionia MI) (IBCP)
25.00
-0.17
(-0.68%)
USD |
NASDAQ |
Apr 26, 16:00
25.00
0.00 (0.00%)
After-Hours: 20:00
Independent Bank Profit Margin (Quarterly): 28.85% for Dec. 31, 2023
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 28.85% |
| September 30, 2023 | 32.85% |
| June 30, 2023 | 28.39% |
| March 31, 2023 | 27.43% |
| December 31, 2022 | 29.96% |
| September 30, 2022 | 31.42% |
| June 30, 2022 | 26.65% |
| March 31, 2022 | 35.66% |
| December 31, 2021 | 25.98% |
| September 30, 2021 | 30.96% |
| June 30, 2021 | 28.09% |
| March 31, 2021 | 39.95% |
| December 31, 2020 | 32.84% |
| September 30, 2020 | 34.13% |
| June 30, 2020 | 30.05% |
| March 31, 2020 | 12.27% |
| December 31, 2019 | 30.62% |
| September 30, 2019 | 30.18% |
| June 30, 2019 | 27.27% |
| March 31, 2019 | 24.13% |
| December 31, 2018 | 25.62% |
| September 30, 2018 | 29.60% |
| June 30, 2018 | 22.07% |
| March 31, 2018 | 26.65% |
| December 31, 2017 | 4.97% |
| Date | Value |
|---|---|
| September 30, 2017 | 21.14% |
| June 30, 2017 | 19.23% |
| March 31, 2017 | 19.32% |
| December 31, 2016 | 18.21% |
| September 30, 2016 | 20.79% |
| June 30, 2016 | 22.85% |
| March 31, 2016 | 15.59% |
| December 31, 2015 | 19.69% |
| September 30, 2015 | 19.07% |
| June 30, 2015 | 19.81% |
| March 31, 2015 | 14.86% |
| December 31, 2014 | 15.39% |
| September 30, 2014 | 18.24% |
| June 30, 2014 | 22.72% |
| March 31, 2014 | 12.36% |
| December 31, 2013 | 17.14% |
| September 30, 2013 | 13.01% |
| June 30, 2013 | |
| March 31, 2013 | 21.51% |
| December 31, 2012 | 35.86% |
| September 30, 2012 | 20.16% |
| June 30, 2012 | 14.09% |
| March 31, 2012 | 11.04% |
| December 31, 2011 | -72.53% |
| September 30, 2011 | -12.48% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
12.27%
Minimum
Mar 2020
39.95%
Maximum
Mar 2021
29.66%
Average
30.05%
Median
Jun 2020
Profit Margin (Quarterly) Benchmarks
| ChoiceOne Financial Services Inc | 25.69% |
| Bar Harbor Bankshares Inc | 27.55% |
| Evans Bancorp Inc | 31.31% |
| Park National Corp | 28.90% |
| Tompkins Financial Corp | 21.38% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 15.79% |
| Return on Assets | 1.15% |
| Return on Invested Capital | 11.39% |
| Return on Net Operating Assets | 34.55% |