Independent Bank Corp.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | — | 38.8% | 22.3% |
| FY2016 | — | 42.2% | 24.7% |
| FY2017 | — | 44.7% | 25.5% |
| FY2018 | — | 46.9% | 31.5% |
| FY2019 | — | 53.5% | 32.5% |
| FY2020 | — | 39.1% | 25.3% |
| FY2021 | — | 33.6% | 23.8% |
| FY2022 | — | 51.8% | 36.2% |
| FY2023 | — | 69.0% | 32.8% |
| FY2024 | — | 35.8% | 27.8% |