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

Independent Bank's Operating Expenses history runs 16 years deep, the most recent figure standing at $38.3 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 11.82% year-over-year to $38.3 million; the TTM figure through Mar 2026 stood at $142.3 million (up 3.73% YoY), while the FY2025 annual figure 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.
• 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 fell 6.22% in 2022 and rose 16.03% in 2024, its largest moves.
• Independent Bank's Operating Expenses stood at $32.1 million in 2022, then dropped by 0.66% to $31.9 million in 2023, then gained by 16.03% to $37.0 million in 2024, then declined by 2.46% to $36.1 million in 2025, then increased by 6.19% to $38.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $38.3 million, $36.1 million, and $34.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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