Independent Bank Corp /Mi/ (IBCP) EBITDA Margin (2011 - 2026)
Independent Bank (IBCP) recorded EBITDA Margin of 70.36% in Q2 2026, down 10.70 percentage points from 81.06% a year earlier and down 0.80 percentage points from the prior quarter.
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Analysis
Independent Bank Corp /Mi/ (IBCP) EBITDA Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Independent Bank's EBITDA Margin came in at 74.89% as of Jun 30, 2026, down 7.90 percentage points year-over-year; for FY2025, it came in at 80.17%, down 6.79 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +33.76 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 86.96% in FY2024 (+6.26 pp), 80.70% in FY2023 (+29.59 pp), 51.10% in FY2022 (+3.74 pp) and 47.36% in FY2021 (+0.94 pp).
- The Q2 2026 figure is the lowest quarterly EBITDA Margin since Q1 2023.
- On a year-over-year basis, EBITDA Margin has declined for seven consecutive quarters, with an average year-over-year change of -7.22 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 34.85 percentage points in Q3 2023, against a drop of 13.38 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 71.16% (Q1 2026), 75.06% (Q4 2025) and 83.54% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.36% |
| Mar 31, 2026 | 71.16% |
| Dec 31, 2025 | 75.06% |
| Sep 30, 2025 | 83.54% |
| Jun 30, 2025 | 81.06% |
| Mar 31, 2025 | 81.20% |
| Dec 31, 2024 | 79.68% |
| Sep 30, 2024 | 90.11% |
| Jun 30, 2024 | 89.64% |
| Mar 31, 2024 | 89.58% |
| Dec 31, 2023 | 92.95% |
| Sep 30, 2023 | 85.73% |
| Jun 30, 2023 | 75.00% |
| Mar 31, 2023 | 68.98% |
| Dec 31, 2022 | 60.40% |
| Sep 30, 2022 | 50.88% |
| Jun 30, 2022 | 41.52% |
| Mar 31, 2022 | 51.36% |
| Dec 31, 2021 | 40.48% |
| Sep 30, 2021 | 46.16% |
API Access
Independent Bank Corp /Mi/ EBITDA 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=ebitda-margin&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();