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
DateValue
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