Independent Bank Corp (Ionia MI) (IBCP)
25.77
+0.27
(+1.06%)
USD |
NASDAQ |
May 09, 13:53
Independent Bank Profit Margin (Quarterly): 31.26% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 31.26% |
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% |
Date | Value |
---|---|
December 31, 2017 | 4.97% |
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% |
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
29.74%
Average
30.12%
Median
Profit Margin (Quarterly) Benchmarks
ChoiceOne Financial Services Inc | 27.45% |
Bar Harbor Bankshares Inc | 27.55% |
Evans Bancorp Inc | 14.43% |
Park National Corp | 28.90% |
Tompkins Financial Corp | 23.17% |
Profit Margin (Quarterly) Related Metrics
Return on Equity | 16.01% |
Return on Assets | 1.20% |
Return on Invested Capital | 11.83% |
Return on Net Operating Assets | 37.60% |