Independent Bank Corp (INDB)
48.59
+0.12
(+0.25%)
USD |
NASDAQ |
Apr 17, 16:00
48.56
-0.03
(-0.06%)
Pre-Market: 20:00
Independent Bank Profit Margin (Quarterly): 31.34% for Dec. 31, 2023
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 31.34% |
| September 30, 2023 | 33.58% |
| June 30, 2023 | 34.59% |
| March 31, 2023 | 33.09% |
| December 31, 2022 | 38.80% |
| September 30, 2022 | 38.07% |
| June 30, 2022 | 36.15% |
| March 31, 2022 | 32.79% |
| December 31, 2021 | 1.13% |
| September 30, 2021 | 34.73% |
| June 30, 2021 | 32.07% |
| March 31, 2021 | 34.86% |
| December 31, 2020 | 29.65% |
| September 30, 2020 | 29.44% |
| June 30, 2020 | 20.88% |
| March 31, 2020 | 22.49% |
| December 31, 2019 | 36.78% |
| September 30, 2019 | 38.01% |
| June 30, 2019 | 22.99% |
| March 31, 2019 | 33.85% |
| December 31, 2018 | 28.84% |
| September 30, 2018 | 33.18% |
| June 30, 2018 | 32.74% |
| March 31, 2018 | 31.19% |
| December 31, 2017 | 24.81% |
| Date | Value |
|---|---|
| September 30, 2017 | 27.46% |
| June 30, 2017 | 24.39% |
| March 31, 2017 | 26.20% |
| December 31, 2016 | 21.05% |
| September 30, 2016 | 26.76% |
| June 30, 2016 | 26.50% |
| March 31, 2016 | 25.14% |
| December 31, 2015 | 26.96% |
| September 30, 2015 | 25.03% |
| June 30, 2015 | 23.95% |
| March 31, 2015 | 13.95% |
| December 31, 2014 | 23.03% |
| September 30, 2014 | 23.61% |
| June 30, 2014 | 22.76% |
| March 31, 2014 | 20.55% |
| December 31, 2013 | 16.65% |
| September 30, 2013 | 23.71% |
| June 30, 2013 | 20.98% |
| March 31, 2013 | 20.45% |
| December 31, 2012 | 16.13% |
| September 30, 2012 | 19.90% |
| June 30, 2012 | 15.59% |
| March 31, 2012 | 22.07% |
| December 31, 2011 | 20.96% |
| September 30, 2011 | 22.15% |
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
1.13%
Minimum
Dec 2021
38.80%
Maximum
Dec 2022
30.60%
Average
33.09%
Median
Mar 2023
Profit Margin (Quarterly) Benchmarks
| Banner Corp | 28.37% |
| CVB Financial Corp | 34.81% |
| International Bancshares Corp | 50.41% |
| Bank OZK | 42.16% |
| Peapack Gladstone Financial Corp | 17.05% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.34% |
| Return on Assets | 1.24% |
| Return on Invested Capital | 6.45% |
| Return on Net Operating Assets | 17.36% |