Independent Bank IBCP
NASDAQ IBCP
$35.89 -0.34 (-0.94%)
At close: Sep 21, 2026 · 4:00 PM EDT

Independent Bank (IBCP) Operating Expenses (2011 - 2026)

Independent Bank's (IBCP) quarterly Operating Expenses came in at $37.8 million in Q2 2026, up 11.99% year-over-year from $33.8 million in Q2 2025, and down 1.31% quarter-over-quarter from $38.3 million in Q1 2026.

Analysis

Independent Bank (IBCP) Operating Expenses (2011 - 2026) Analysis & Trends

Independent Bank has disclosed Operating Expenses across 16 years of filings, most recently posting $37.8 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 11.99% year-over-year to $37.8 million; the TTM figure through Jun 2026 stood at $146.3 million (up 6.35% YoY), while the FY2025 annual figure was $138.2 million, up 2.32% from the prior year.
  • Operating Expenses came in at $37.8 million for Q2 2026 at Independent Bank, down from $38.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $38.3 million in Q1 2026 to a low of $31.0 million in Q1 2023.
  • Average Operating Expenses over 5 years is $33.6 million, with a median of $32.5 million recorded in 2022.
  • Year-over-year, Operating Expenses fell 6.22% in 2022 and rose 16.03% in 2024.
  • Over 5 years, Operating Expenses stood at $32.1 million in 2022, then slipped by 0.66% to $31.9 million in 2023, then rose by 16.03% to $37.0 million in 2024, then dropped by 2.46% to $36.1 million in 2025, then increased by 4.8% to $37.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $37.8 million in Q2 2026, $38.3 million in Q1 2026, and $36.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Banco Santander Chile 424.88 Bn 544.83 Bn - -259.95 Bn
2 Truist Financial 59.29 Bn 59.29 Bn - 3.06 Bn
3 Fifth Third Bancorp 47.98 Bn 24.26 Bn - 2.11 Bn
4 M&T Bank 32.82 Bn 32.82 Bn - 1.35 Bn
5 Huntington Bancshares 32.08 Bn 27.60 Bn - 1.81 Bn
6 Citizens Financial 28.34 Bn 28.34 Bn - 1.39 Bn
7 Regions Financial 24.27 Bn 24.34 Bn - 1.12 Bn
8 Keycorp 22.19 Bn -25.51 Bn - 1.22 Bn
9 First Citizens Bancshares 21.93 Bn 21.41 Bn 29.00 Mn 1.55 Bn
10 Independent Bank 746.43 Mn 580.98 Mn - 37.81 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.81 Mn
Mar 31, 2026 38.31 Mn
Dec 31, 2025 36.08 Mn
Sep 30, 2025 34.13 Mn
Jun 30, 2025 33.76 Mn
Mar 31, 2025 34.26 Mn
Dec 31, 2024 36.99 Mn
Sep 30, 2024 32.58 Mn
Jun 30, 2024 33.33 Mn
Mar 31, 2024 32.19 Mn
Dec 31, 2023 31.88 Mn
Sep 30, 2023 32.04 Mn
Jun 30, 2023 32.25 Mn
Mar 31, 2023 30.96 Mn
Dec 31, 2022 32.09 Mn
Sep 30, 2022 32.37 Mn
Jun 30, 2022 32.43 Mn
Mar 31, 2022 31.45 Mn
Dec 31, 2021 33.95 Mn
Sep 30, 2021 34.51 Mn
API Access

Independent Bank Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=IBCP&period=max&api_key=YOUR_API_KEY