Independent Bank Corp /Mi/ (IBCP) Return on Sales [ROS] (2011 - 2026)
Independent Bank (IBCP) posted Return on Sales [ROS] 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.
Independent Bank Corp /Mi/ (IBCP) Return on Sales [ROS] (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Return on Sales [ROS] at Independent Bank was 70.72%, down 7.71 percentage points year-over-year; for FY2025, it was 75.78%, down 6.68 percentage points from FY2024.
- Annual Return on Sales [ROS] shows a five-year change of +33.85 percentage points (FY2020 to FY2025).
- In prior years, Independent Bank's Return on Sales [ROS] was 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 stands as the lowest quarterly Return on Sales [ROS] since Q1 2023.
- On a year-over-year basis, Return on Sales [ROS] has 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 strongest year-over-year quarter for Return on Sales [ROS] in the past five years was Q3 2023, with a gain of 34.85 percentage points; the weakest was Q4 2021, with a drop of 13.08 percentage points.
- According to Business Quant data, Return on Sales [ROS] for the three prior quarters was 67.13% (Q1 2026), 70.97% (Q4 2025) and 78.72% (Q3 2025).
Peer Comparison
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% |
Independent Bank Corp /Mi/ Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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=return-on-sales-%5Bros%5D&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();