INDEPENDENT BANK CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | — | 294.3% | 216.1% |
| FY2022 | — | 307.3% | 200.2% |
| FY2023 | — | 477.2% | 179.5% |
| FY2024 | — | 259.7% | 208.9% |
| FY2025 | — | 253.4% | 213.7% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | — | 294.3% | 216.1% |
| FY2022 | — | 307.3% | 200.2% |
| FY2023 | — | 477.2% | 179.5% |
| FY2024 | — | 259.7% | 208.9% |
| FY2025 | — | 253.4% | 213.7% |