Independent Bank (IBCP) Net Margin (2011 - 2026)
Independent Bank recorded quarterly Net Margin of 28.65% in Q1 2026, down 10.05% quarter-over-quarter from 31.85% in Q4 2025, and down 23.0% year-over-year from 37.21% in Q1 2025.
Independent Bank's Net Margin history runs 16 years deep, the most recent figure standing at 28.65% for Q1 2026.
- In Q1 2026, Net Margin fell 23.0% year-over-year to 28.65%; the TTM figure through Mar 2026 stood at 30.3% (up 67.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 29.6% and a median of 29.71% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 808 bps in 2023 and surged 527 bps in 2024, its largest moves.
- Independent Bank's Net Margin stood at 28.91% in 2022, then retreated by 3 bps to 27.93% in 2023, then rose by 6 bps to 29.71% in 2024, then climbed by 7 bps to 31.85% in 2025, then declined by 10 bps to 28.65% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 28.65%, 31.85%, and 30.55% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 251.45% |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 26.97% |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | -0.97% |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 27.35% |
| 10 | Independent Bank | 697.49 Mn | 522.58 Mn | - | 28.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.65% |
| Dec 31, 2025 | 31.85% |
| Sep 30, 2025 | 30.55% |
| Jun 30, 2025 | 30.17% |
| Mar 31, 2025 | 28.88% |
| Dec 31, 2024 | 29.71% |
| Sep 30, 2024 | 26.85% |
| Jun 30, 2024 | 32.78% |
| Mar 31, 2024 | 30.37% |
| Dec 31, 2023 | 27.93% |
| Sep 30, 2023 | 31.89% |
| Jun 30, 2023 | 27.51% |
| Mar 31, 2023 | 26.52% |
| Dec 31, 2022 | 28.91% |
| Sep 30, 2022 | 30.47% |
| Jun 30, 2022 | 25.61% |
| Mar 31, 2022 | 34.60% |
| Dec 31, 2021 | 24.99% |
| Sep 30, 2021 | 29.84% |
| Jun 30, 2021 | 26.83% |
| Mar 31, 2021 | 38.88% |
| Dec 31, 2020 | 31.84% |
| Sep 30, 2020 | 33.21% |
| Jun 30, 2020 | 29.11% |
| Mar 31, 2020 | 11.79% |
| Dec 31, 2019 | 29.97% |
| Sep 30, 2019 | 28.90% |
| Jun 30, 2019 | 26.36% |
| Mar 31, 2019 | 23.33% |
| Dec 31, 2018 | 48.54% |
| Sep 30, 2018 | 28.71% |
| Jun 30, 2018 | 21.35% |
| Mar 31, 2018 | 145.92% |
| Dec 31, 2017 | 4.92% |
| Sep 30, 2017 | 20.65% |
| Jun 30, 2017 | 18.57% |
| Mar 31, 2017 | 310.82% |
| Dec 31, 2016 | 46.72% |
| Sep 30, 2016 | 20.10% |
| Jun 30, 2016 | 22.04% |
| Mar 31, 2016 | 14.87% |
| Dec 31, 2015 | 18.94% |
| Sep 30, 2015 | 17.43% |
| Jun 30, 2015 | 18.93% |
| Mar 31, 2015 | 13.98% |
| Dec 31, 2014 | 14.32% |
| Sep 30, 2014 | 17.16% |
| Jun 30, 2014 | 21.15% |
| Mar 31, 2014 | 11.44% |
| Dec 31, 2013 | 15.89% |
| Sep 30, 2013 | 35.11% |
| Jun 30, 2013 | 194.84% |
| Mar 31, 2013 | 18.96% |
| Dec 31, 2012 | 25.57% |
| Sep 30, 2012 | 14.87% |
| Jun 30, 2012 | 9.29% |
| Mar 31, 2012 | 9.55% |
| Dec 31, 2011 | -27.56% |
| Sep 30, 2011 | -5.56% |
| Jun 30, 2011 | -1.52% |
| Mar 31, 2011 | -22.63% |