INDEPENDENT BANK CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2012 | — | 24.4% | 16.2% |
| FY2013 | — | 24.2% | 58.8% |
| FY2014 | — | 26.2% | 14.5% |
| FY2015 | — | 26.1% | 14.8% |
| FY2016 | — | 27.3% | 15.6% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2012 | — | 24.4% | 16.2% |
| FY2013 | — | 24.2% | 58.8% |
| FY2014 | — | 26.2% | 14.5% |
| FY2015 | — | 26.1% | 14.8% |
| FY2016 | — | 27.3% | 15.6% |