Independent Bank (Michigan)
IBCP
#6632
Rank
NZ$1.12 B
Marketcap
NZ$54.07
Share price
-0.52%
Change (1 day)
-7.27%
Change (1 year)

Operating Margin for Independent Bank (Michigan) (IBCP)

Operating Margin as of July 2025 (TTM): 37.95%

According to Independent Bank (Michigan)'s latest financial reports and stock price the company's current Operating Margin is 37.95%. At the end of 2024 the company had an Operating Margin of 38.48%.

Operating Margin history for Independent Bank (Michigan) from 2001 to 2025

Operating Margin at the end of each year

Year Operating Margin Change
202438.48%4.71%
202336.75%-3.25%
202237.99%-2.33%
202138.89%10.81%
202035.10%-0.1%
201935.13%9.67%
201832.03%7.45%
201729.81%6.26%
201628.05%3.67%
201527.06%12.04%
201424.15%19.13%
201320.27%-1.17%
201220.51%-218.63%
2011-17.29%25.98%
2010-13.73%-70.87%
2009-47.11%-14.9%
2008-55.36%-1149.07%
20075.28%-80.83%
200627.53%-24.72%
200536.57%-0.66%
200436.81%-1.13%
200337.23%2.69%
200236.25%6.41%
200134.07%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
Mercantile Bank
MBWM
41.36% 8.99%๐Ÿ‡บ๐Ÿ‡ธ USA
Macatawa Bank
MCBC
49.67% 30.88%๐Ÿ‡บ๐Ÿ‡ธ USA
1st Source
SRCE
45.54% 20.00%๐Ÿ‡บ๐Ÿ‡ธ USA
Huntington Bancshares
HBAN
33.71%-11.17%๐Ÿ‡บ๐Ÿ‡ธ USA

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.