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

Independent Bank has disclosed Operating Expenses across 16 years of filings, most recently posting $38.3 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $38.3 million, up 11.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $142.3 million (up 3.73% YoY), and the FY2025 annual result was $138.2 million, up 2.32% from the prior year.
• Operating Expenses came in at $38.3 million for Q1 2026 at Independent Bank, up 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.
• The 5-year median for Operating Expenses is $32.4 million (2022), against an average of $33.4 million.
• Across the five-year window, Operating Expenses declined 6.22% in 2022 and increased 16.03% in 2024, its largest moves.
• Independent Bank's 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 grew by 6.19% to $38.3 million in 2026.
• The last three Operating Expenses figures came in at $38.3 million (Q1 2026), $36.1 million (Q4 2025), and $34.1 million (Q3 2025), per Business Quant data.