Independent Bank (INDB) Operating Expenses (2010 - 2026)

Independent Bank's Operating Expenses history runs 17 years deep, the most recent figure standing at $142.9 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 34.98% year-over-year to $142.9 million; the TTM figure through Mar 2026 stood at $566.9 million (up 37.48% YoY), while the FY2025 annual figure was $529.9 million, up 30.4% from the prior year.
• Operating Expenses was $142.9 million for Q1 2026 at Independent Bank, down from $154.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $160.8 million in Q3 2025 to a low of $90.6 million in Q2 2022.
• Historically, Operating Expenses has averaged $108.6 million across 5 years, with a median of $99.9 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses fell 19.0% in 2022, then surged 60.13% in 2025.
• A 5-year view of Operating Expenses shows it stood at $94.9 million in 2022, then gained by 6.19% to $100.7 million in 2023, then advanced by 5.63% to $106.4 million in 2024, then soared by 45.05% to $154.4 million in 2025, then fell by 7.42% to $142.9 million in 2026.
• The last three Operating Expenses figures came in at $142.9 million (Q1 2026), $154.4 million (Q4 2025), and $160.8 million (Q3 2025), per Business Quant data.