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.

• On a quarterly basis, Operating Expenses rose 34.98% year-over-year to $142.9 million in Q1 2026; TTM through Mar 2026 was $566.9 million, a 37.48% increase from a year earlier, with the FY2025 full-year figure at $529.9 million, up 30.4% from the prior year.
• Operating Expenses slipped to $142.9 million in Q1 2026 per INDB's latest filing, from $154.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $160.8 million in Q3 2025 and bottomed at $90.6 million in Q2 2022.
• The 5-year median for Operating Expenses is $99.9 million (2024), against an average of $108.6 million.
• Across the five-year window, Operating Expenses decreased 19.0% in 2022 and jumped 60.13% in 2025, its largest moves.
• Year by year, Operating Expenses 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.
• Per Business Quant, the three latest INDB Operating Expenses figures stand at $142.9 million (Q1 2026), $154.4 million (Q4 2025), and $160.8 million (Q3 2025).