Independent Bank (IBCP) Operating Expenses (2011 - 2026)
Independent Bank (IBCP) posted Operating Expenses of $38.3 million for Q1 2026, up 6.19% sequentially from $36.1 million in Q4 2025, and up 11.82% YoY from $34.3 million in Q1 2025.
Independent Bank (IBCP) Operating Expenses (2011 - 2026) Analysis & Trends
Independent Bank has reported Operating Expenses for 16 years, with the latest figure at $38.3 million in Q1 2026.
- Quarterly Operating Expenses rose 11.82% year-over-year to $38.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $142.3 million (up 3.73% YoY) and the FY2025 annual result came in at $138.2 million, up 2.32% from the prior year.
- Operating Expenses climbed to $38.3 million in Q1 2026 per IBCP's latest filing, from $36.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $38.3 million in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 6.22% in 2022, then gained 16.03% in 2024.
- Over 5 years, Operating Expenses stood at $32.1 million in 2022, then declined by 0.66% to $31.9 million in 2023, then advanced by 16.03% to $37.0 million in 2024, then fell by 2.46% to $36.1 million in 2025, then rose 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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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | Independent Bank | 767.09 Mn | 601.64 Mn | - | 37.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |