INDEPENDENT BANK CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2019 | — | 324.1% | 178.9% |
| FY2020 | — | 356.7% | 233.7% |
| FY2021 | — | 294.3% | 216.1% |
| FY2022 | — | 307.3% | 200.2% |
| FY2023 | — | 477.2% | 179.5% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2019 | — | 324.1% | 178.9% |
| FY2020 | — | 356.7% | 233.7% |
| FY2021 | — | 294.3% | 216.1% |
| FY2022 | — | 307.3% | 200.2% |
| FY2023 | — | 477.2% | 179.5% |