Independent Bank (IBCP) Net Margin (2011 - 2026)
Independent Bank's (IBCP) quarterly Net Margin came in at 29.74% in Q2 2026, down 43.0% year-over-year from 52.17% in Q2 2025, and up 4.08% quarter-over-quarter from 28.57% in Q1 2026.
Powered by 
Analysis
Independent Bank (IBCP) Net Margin (2011 - 2026) Analysis & Trends
Independent Bank has disclosed Net Margin across 16 years of filings, most recently posting 29.74% for Q2 2026.
- In Q2 2026, Net Margin fell 43.0% year-over-year to 29.74%; the TTM figure through Jun 2026 stood at 30.15% (up 118.0% YoY), while the FY2025 annual figure was 30.37%, up 37.0% from the prior year.
- Net Margin came in at 29.74% for Q2 2026 at Independent Bank, up from 28.57% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 34.59% in Q1 2022 to a low of 21.72% in Q4 2022.
- Average Net Margin over 5 years is 29.19%, with a median of 29.76% recorded in 2024.
- The largest YoY upside for Net Margin was 620 bps in 2023 against a maximum downside of 810 bps in 2023.
- Over 5 years, Net Margin stood at 21.72% in 2022, then increased by 29 bps to 27.93% in 2023, then increased by 7 bps to 29.79% in 2024, then gained by 7 bps to 31.85% in 2025, then fell by 7 bps to 29.74% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 29.74% in Q2 2026, 28.57% in Q1 2026, and 31.85% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 23.30% |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 24.18% |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 24.27% |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 28.79% |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 24.18% |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 864.86% |
| 10 | Independent Bank | 746.43 Mn | 580.98 Mn | - | 29.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.74% |
| Mar 31, 2026 | 28.57% |
| Dec 31, 2025 | 31.85% |
| Sep 30, 2025 | 30.50% |
| Jun 30, 2025 | 30.17% |
| Mar 31, 2025 | 28.81% |
| Dec 31, 2024 | 29.79% |
| Sep 30, 2024 | 26.85% |
| Jun 30, 2024 | 32.78% |
| Mar 31, 2024 | 30.31% |
| Dec 31, 2023 | 27.93% |
| Sep 30, 2023 | 31.87% |
| Jun 30, 2023 | 27.51% |
| Mar 31, 2023 | 26.48% |
| Dec 31, 2022 | 21.72% |
| Sep 30, 2022 | 30.39% |
| Jun 30, 2022 | 25.61% |
| Mar 31, 2022 | 34.59% |
| Dec 31, 2021 | 25.08% |
| Sep 30, 2021 | 29.80% |
API Access
Independent Bank Net 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=net-margin&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();