Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 21.64% is 16% below its 5-year average of 25.83%, around the middle of its 5-year range (1.11%–36.64%).
0.43% below its 12-month average of 21.73%.
Reported quarterly profit margin; no daily interpolation. Q2 FY2026 (2026-06-30): 28.29%.
NET PROFIT MARGIN
21.64%
NET PROFIT MARGIN AVG TTM
21.73%
NET PROFIT MARGIN AVG 3Y
22.70%
NET PROFIT MARGIN AVG 5Y
25.83%
NET PROFIT MARGIN AVG 10Y
26.28%
NET PROFIT MARGIN AVG 15Y
23.98%
NET PROFIT MARGIN AVG 20Y
21.71%
CURRENT VS TTM AVG
-0.43%
CURRENT VS 3Y AVG
-4.66%
CURRENT VS 5Y AVG
-16.22%
CURRENT VS 10Y AVG
-17.65%
CURRENT VS 15Y AVG
-9.76%
CURRENT VS 20Y AVG
-0.35%
SECTOR MEDIAN · FINANCIAL SERVICES
14.29%
median of 476 covered companies
CURRENT VS SECTOR MEDIAN
+51.49%
vs the sector median at left
Independent Bank Corp.
Market Cap
$3.89B
Net Profit Margin
21.64%
TTM Avg
21.73%
3Y Avg
22.70%
5Y Avg
25.83%
Market Cap
$3.89B
Net Profit Margin
11.72%
TTM Avg
11.07%
3Y Avg
10.24%
5Y Avg
9.94%
Market Cap
$3.75B
Net Profit Margin
32.25%
TTM Avg
26.50%
3Y Avg
27.81%
5Y Avg
27.73%
Market Cap
$3.71B
Net Profit Margin
3.03%
TTM Avg
3.85%
3Y Avg
5.28%
5Y Avg
5.75%
Market Cap
$4.08B
Net Profit Margin
24.97%
TTM Avg
21.66%
3Y Avg
27.51%
5Y Avg
30.37%
Market Cap
$3.64B
Net Profit Margin
32.25%
TTM Avg
26.50%
3Y Avg
27.81%
5Y Avg
27.73%
Market Cap
$3.51B
Net Profit Margin
13.22%
TTM Avg
7.93%
3Y Avg
11.55%
5Y Avg
13.20%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Independent Bank Corp. (INDB) | $3.89B | 21.64% | 21.73% | 22.70% | 25.83% |
| CorVel Corporation (CRVL)vs › | $3.89B | 11.72% | 11.07% | 10.24% | 9.94% |
| Sezzle Inc. (SEZL)vs › | $3.77B | 30.35% | 29.27% | 8.16% | -14.66% |
| BFC Capital Trust II PFD TR 7.20% (BANFP)vs › | $3.75B | 32.25% | 26.50% | 27.81% | 27.73% |
| Genworth Financial, Inc. (GNW)vs › | $3.71B | 3.03% | 3.85% | 5.28% | 5.75% |
| Cathay General Bancorp (CATY)vs › | $4.08B | 24.97% | 21.66% | 27.51% | 30.37% |
| BancFirst Corporation (BANF)vs › | $3.64B | 32.25% | 26.50% | 27.81% | 27.73% |
| Defiance Quantum ETF (QTUM)vs › | $4.16B | N/A | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAM)vs › | $3.51B | 13.22% | 7.93% | 11.55% | 13.20% |
| Brighthouse Financial, Inc. (BHFAN)vs › | $3.49B | 13.22% | 7.93% | 11.55% | 13.20% |
Operating Margin
22.7%
Net Profit Margin
21.6%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 28.29% |
| 2026-03-31 | 27.53% |
| 2025-12-31 | 22.22% |
| 2025-09-30 | 10.22% |
| 2025-06-30 | 20.40% |
| 2025-03-31 | 18.32% |
| 2024-12-31 | 20.29% |
| 2024-09-30 | 17.22% |
| 2024-06-30 | 21.16% |
| 2024-03-31 | 20.28% |
| 2023-12-31 | 23.13% |
| 2023-09-30 | 25.97% |
| 2023-06-30 | 27.57% |
| 2023-03-31 | 28.75% |
| 2022-12-31 | 35.95% |
| 2022-09-30 | 36.64% |
| 2022-06-30 | 35.47% |
| 2022-03-31 | 32.16% |
| 2021-12-31 | 1.11% |
| 2021-09-30 | 33.87% |
| 2021-06-30 | 31.18% |
| 2021-03-31 | 33.72% |
| 2020-12-31 | 28.11% |
| 2020-09-30 | 27.79% |
| 2020-06-30 | 19.43% |
| 2020-03-31 | 20.26% |
| 2019-12-31 | 33.25% |
| 2019-09-30 | 34.23% |
| 2019-06-30 | 20.51% |
| 2019-03-31 | 31.15% |
| 2018-12-31 | 27.12% |
| 2018-09-30 | 31.11% |
| 2018-06-30 | 30.79% |
| 2018-03-31 | 29.44% |
| 2017-12-31 | 23.02% |
| 2017-09-30 | 26.05% |
| 2017-06-30 | 23.19% |
| 2017-03-31 | 24.88% |
| 2016-12-31 | 20.17% |
| 2016-09-30 | 25.23% |
| 2016-06-30 | 25.00% |
| 2016-03-31 | 23.60% |
| 2015-12-31 | 25.22% |
| 2015-09-30 | 23.40% |
| 2015-06-30 | 22.33% |
| 2015-03-31 | 12.96% |
| 2014-12-31 | 21.67% |
| 2014-09-30 | 22.02% |
| 2014-06-30 | 21.06% |
| 2014-03-31 | 18.98% |
| 2013-12-31 | 15.29% |
| 2013-09-30 | 21.67% |
| 2013-06-30 | 19.13% |
| 2013-03-31 | 18.60% |
| 2012-12-31 | 14.57% |
| 2012-09-30 | 18.12% |
| 2012-06-30 | 14.15% |
| 2012-03-31 | 19.92% |
| 2011-12-31 | 17.81% |
| 2011-09-30 | 19.52% |
| 2011-06-30 | 17.67% |
| 2011-03-31 | 18.18% |
| 2010-12-31 | 18.64% |
| 2010-09-30 | 17.91% |
| 2010-06-30 | 12.90% |
| 2010-03-31 | 15.15% |
| 2009-12-31 | 14.78% |
| 2009-09-30 | 10.82% |
| 2009-06-30 | 1.00% |
| 2009-03-31 | 11.86% |
| 2008-12-31 | 6.15% |
| 2008-09-30 | 16.38% |
| 2008-06-30 | 11.15% |
| 2008-03-31 | 12.79% |
| 2007-12-31 | 15.89% |
| 2007-09-30 | 17.47% |
| 2007-06-30 | 11.99% |
| 2007-03-31 | 13.83% |
| 2006-12-31 | 16.56% |
| 2006-09-30 | 17.16% |
| 2006-06-30 | 17.12% |
| 2006-03-31 | 16.77% |
| 2005-12-31 | 18.00% |
| 2005-09-30 | 18.74% |
| 2005-06-30 | 17.72% |
| 2005-03-31 | 18.17% |
| 2004-12-31 | 20.68% |
| 2004-09-30 | 19.84% |
| 2004-06-30 | 17.15% |
| 2004-03-31 | 17.48% |
| 2003-12-31 | 19.48% |
| 2003-09-30 | 19.21% |
| 2003-06-30 | 22.38% |
| 2003-03-31 | 6.26% |
| 2002-12-31 | 17.14% |
| 2002-09-30 | 17.13% |
