Independent Bank Corp /Mi/ (IBCP) EBIT Margin (2011 - 2026)
Independent Bank (IBCP) reported EBIT Margin of 66.58% for Q2 2026, down 10.18 percentage points from 76.76% a year earlier and down 0.55 percentage points from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) EBIT Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Independent Bank's EBIT Margin came in at 70.72%, down 7.71 percentage points year-over-year; for FY2025, it was 75.78%, down 6.68 percentage points from FY2024.
- EBIT Margin has a five-year change of +33.85 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 82.46% in FY2024 (+6.61 pp), 75.86% in FY2023 (+29.87 pp), 45.98% in FY2022 (+4.50 pp) and 41.48% in FY2021 (-0.45 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBIT Margin since Q1 2023.
- Year over year, EBIT Margin has now declined in each of the last seven quarters, with an average year-over-year change of -6.94 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q3 2023 (a gain of 34.85 percentage points); the low point was Q4 2021 (a drop of 13.08 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 67.13% (Q1 2026), 70.97% (Q4 2025) and 78.72% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.58% |
| Mar 31, 2026 | 67.13% |
| Dec 31, 2025 | 70.97% |
| Sep 30, 2025 | 78.72% |
| Jun 30, 2025 | 76.76% |
| Mar 31, 2025 | 76.85% |
| Dec 31, 2024 | 75.67% |
| Sep 30, 2024 | 85.22% |
| Jun 30, 2024 | 85.21% |
| Mar 31, 2024 | 84.82% |
| Dec 31, 2023 | 87.78% |
| Sep 30, 2023 | 81.14% |
| Jun 30, 2023 | 70.30% |
| Mar 31, 2023 | 64.03% |
| Dec 31, 2022 | 55.63% |
| Sep 30, 2022 | 46.29% |
| Jun 30, 2022 | 35.87% |
| Mar 31, 2022 | 45.84% |
| Dec 31, 2021 | 34.78% |
| Sep 30, 2021 | 40.56% |
API Access
Independent Bank Corp /Mi/ EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "IBCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();