IBCP
Independent Bank Corporation
NASDAQ: IBCP · FINANCIAL SERVICES · BANKS - REGIONAL
$33.21
-0.63% today
Updated 2026-04-30
Market cap
$689.83M
P/E ratio
10.03
P/S ratio
3.07x
EPS (TTM)
$3.34
Dividend yield
3.17%
52W range
$29 – $37
Volume
0.2M
Independent Bank Corporation (IBCP) Financial statements
SEC filings — annual and quarterly data.
Profit margin
31.10%
Operating margin
39.00%
ROE
14.30%
ROA
1.28%
Debt/equity
0.23x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $258.94M | $33.20M | 57.50% | 17.57% | 12.82% |
| 2007 | $270.40M | $10.36M | 46.07% | 3.27% | 3.83% |
| 2008 | $233.62M | $-91.66M | 37.97% | -37.92% | -39.24% |
| 2009 | $248.86M | $-90.23M | 38.18% | -37.55% | -36.26% |
| 2010 | $170.51M | $-16.71M | 50.95% | -10.73% | -9.80% |
| 2011 | $138.24M | $-20.20M | 63.76% | -14.77% | -14.61% |
| 2012 | $140.85M | $26.20M | 85.48% | 18.60% | 18.60% |
| 2013 | $120.92M | $77.51M | 94.02% | 18.74% | 64.10% |
| 2014 | $111.70M | $18.02M | 96.69% | 22.57% | 16.13% |
| 2015 | $114.43M | $20.02M | 97.25% | 25.68% | 17.49% |
| 2016 | $124.16M | $22.77M | 95.51% | 26.50% | 18.34% |
| 2017 | $138.06M | $20.48M | 92.52% | 27.84% | 14.83% |
| 2018 | $170.88M | $39.84M | 88.88% | 28.75% | 23.31% |
| 2019 | $190.76M | $46.44M | 85.63% | 30.28% | 24.34% |
| 2020 | $214.19M | $56.15M | 86.49% | 32.44% | 26.22% |
| 2021 | $207.12M | $62.90M | 96.33% | 37.33% | 30.37% |
| 2022 | $224.23M | $63.35M | 88.65% | 34.69% | 28.25% |
| 2023 | $283.83M | $59.07M | 68.29% | 25.96% | 20.81% |
| 2024 | $316.33M | $66.79M | 66.92% | 26.25% | 21.11% |
| 2025 | $315.38M | $68.54M | 69.61% | 25.78% | 21.73% |