Independent Bank (IBCP) Operating Expenses (2011 - 2026)
Independent Bank (IBCP) reported Operating Expenses of $38.3 million for Q1 2026, up 11.82% on a YoY basis from $34.3 million in Q1 2025, and up 6.19% sequentially from $36.1 million in Q4 2025.
Independent Bank (IBCP) Operating Expenses (2011 - 2026) Analysis & Trends
Independent Bank (IBCP) has 16 years of Operating Expenses data on file, last reported at $38.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 11.82% year-over-year to $38.3 million; the trailing twelve-month figure through Mar 2026 stood at $142.3 million (up 3.73% YoY), and the FY2025 full-year result was $138.2 million, up 2.32% from the prior year.
- Operating Expenses climbed to $38.3 million in Q1 2026, from $36.1 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.
- A 5-year average of $33.4 million and a median of $32.4 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses declined 6.22% in 2022 and increased 16.03% in 2024, its largest moves.
- Tracing IBCP's Operating Expenses over 5 years: stood at $32.1 million in 2022, then decreased by 0.66% to $31.9 million in 2023, then increased by 16.03% to $37.0 million in 2024, then slipped by 2.46% to $36.1 million in 2025, then climbed by 6.19% to $38.3 million in 2026.
- Business Quant data shows IBCP's Operating Expenses at $38.3 million in Q1 2026, $36.1 million in Q4 2025, and $34.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Independent Bank | 776.91 Mn | 602.00 Mn | - | 38.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 32.54 Mn |