StockWatch
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INDEPENDENT BANK CORP /MI/

Ticker: 39311

values in millions

Revenue & Profit Trend

in millions
RevenueExpenditureNet Profit
-20.34-5.698.9523.60Q3 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q1 FY2026

Margin Trend

percentage
OPM %NPM %
99.0099.67100.33101.00Q3 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q1 FY2026
PeriodQ1 FY2026Q3 FY2025Q2 FY2025Q1 FY2025Q3 FY2024Q2 FY2024Q1 FY2024Q3 FY2023
INCOME
Revenue7.59-14.9%8.92+13.2%7.88+7.4%7.34-17.0%8.84+11.9%7.90+4.2%7.58-16.8%9.11
Total Income7.59-14.9%8.92+13.2%7.88+7.4%7.34-17.0%8.84+11.9%7.90+4.2%7.58-16.8%9.11
EXPENSES
Expenditure-12.64-3.1%-12.26+4.2%-12.80-8.7%-11.78-39.2%-8.46+44.6%-15.27-24.7%-12.25+2.3%-12.54
Tax3.36-8.4%3.67-3.4%3.80+7.3%3.54+1.7%3.48-25.0%4.64+21.1%3.83-6.8%4.11
PROFIT
PBT20.23-4.5%21.18+2.4%20.68+8.1%19.13+10.6%17.29-25.4%23.17+16.9%19.82-8.5%21.65
Net Profit16.88-3.5%17.50+3.7%16.88+8.3%15.59+12.9%13.81-25.5%18.53+15.9%15.99-8.8%17.54
KEY METRICS
NPM %100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
EPS0.82-3.5%0.85+4.9%0.81+9.5%0.74+12.1%0.66-25.8%0.89+15.6%0.77-8.3%0.84