Independent Bank (IBCP) Net Margin (2011 - 2026)

Independent Bank has disclosed Net Margin across 16 years of filings, most recently posting 28.65% for Q1 2026.

• Net Margin for Q1 2026 came in at 28.65%, down 23.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.3% (up 67.0% YoY), and the FY2025 annual result was 30.37%, up 37.0% from the prior year.
• Net Margin came in at 28.65% for Q1 2026 at Independent Bank, down from 31.85% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 34.6% in Q1 2022 to a low of 25.61% in Q2 2022.
• The 5-year median for Net Margin is 29.71% (2024), against an average of 29.6%.
• Across the five-year window, Net Margin slumped 808 bps in 2023 and jumped 527 bps in 2024, its largest moves.
• Independent Bank's Net Margin stood at 28.91% in 2022, then fell by 3 bps to 27.93% in 2023, then increased by 6 bps to 29.71% in 2024, then advanced by 7 bps to 31.85% in 2025, then dropped by 10 bps to 28.65% in 2026.
• The last three Net Margin figures came in at 28.65% (Q1 2026), 31.85% (Q4 2025), and 30.55% (Q3 2025), per Business Quant data.