Independent Bank Corporation
IBCP
Rank in Stocks
#9624
As the holding company for Independent Bank, Independent Bank Corporation... As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities. The company further diversifies its portfolio with title insurance, insurance brokerage, and investment services. Headquartered in Grand Rapids, Michigan, and founded in 1864, Independent Bank Corporation reaches its clientele through roughly 59 branches, two drive-through facilities, and seven loan production offices across Michigan, in addition to two loan production offices in Ohio.
Share Price
$36.99
Last synced: 2026-11-09
Market Cap
$816.79M
Change (1 day)
1.87%
Change (1 year)
18.94%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Independent Bank Corporation (IBCP)
Category
Financial Services
Operating Margin for Independent Bank Corporation (IBCP)
Operating Margin as of November 2026 TTM: 26.25%
According to Independent Bank Corporation's latest financial reports, its current operating margin (TTM) is 26.25%. At the end of 2025 the company had an operating margin of 25.78%.
Operating Margin history for Independent Bank Corporation from 2000 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 26.25% | 1.82% |
| 2025 | 25.78% | -1.79% |
| 2024 | 26.25% | 1.12% |
| 2023 | 25.96% | -25.17% |
| 2022 | 34.69% | -7.07% |
| 2021 | 37.33% | 15.07% |
| 2020 | 32.44% | 7.13% |
| 2019 | 30.28% | 5.32% |
| 2018 | 28.75% | 3.27% |
| 2017 | 27.84% | 5.06% |
| 2016 | 26.50% | 3.19% |
| 2015 | 25.68% | 13.78% |
| 2014 | 22.57% | 20.44% |
| 2013 | 18.74% | 0.75% |
| 2012 | 18.60% | -225.93% |
| 2011 | -14.77% | 37.65% |
| 2010 | -10.73% | -71.42% |
| 2009 | -37.55% | -0.98% |
| 2008 | -37.92% | -1,259.63% |
| 2007 | 3.27% | -81.39% |
| 2006 | 17.57% | -34.39% |
| 2005 | 26.78% | -6.33% |
| 2004 | 28.59% | 1.38% |
| 2003 | 28.20% | 10.94% |
| 2002 | 25.42% | 21.69% |
| 2001 | 20.89% | 16.25% |
| 2000 | 17.97% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 54.30% | -97.93% |
CN
|
|
| 57.52% | -97.81% |
IT
|
|
| 21.82% | -99.17% |
IN
|
|
| 26.74% | -98.98% |
IN
|
|
| 20.55% | -99.22% |
JP
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Independent Bank Corporation's operating margin
What is Independent Bank Corporation's operating margin?
Independent Bank Corporation's operating margin is 26.25%, as of Nov 2026.
What was Independent Bank Corporation's operating margin in 2025?
In 2025, Independent Bank Corporation's operating margin was 25.78%, compared with 26.25% in 2024.
How has Independent Bank Corporation's operating margin changed since 2020?
From 2020 to 2025, Independent Bank Corporation's operating margin was highest in 2021 (37.33%) and lowest in 2025 (25.78%).
How does Independent Bank Corporation's operating margin compare with similar companies?
Independent Bank Corporation's operating margin (26.25%) is higher than that of 2 of the 5 similar companies listed above. The highest among them is UniCredit S.p.A., with 57.52%.