Independent Bank annual operating expenses
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Independent Bank Operating Expenses Growth & History (IBCP)
Independent Bank's operating expenses was $138.2M for fiscal 2025.
View full Independent Bank company overviewIndependent Bank annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $138.2M | $3.1M | +2.32% |
| 2024 | 2024-12-31 | $135.1M | $8.0M | +6.28% |
| 2023 | 2023-12-31 | $127.1M | −$1.2M | −0.95% |
| 2022 | 2022-12-31 | $128.3M | −$2.7M | −2.05% |
| 2021 | 2021-12-31 | $131.0M | $8.6M | +7.03% |
| 2020 | 2020-12-31 | $122.4M | $10.7M | +9.56% |
| 2019 | 2019-12-31 | $111.7M | $4.3M | +3.98% |
| 2018 | 2018-12-31 | $107.5M | $15.4M | +16.70% |
| 2017 | 2017-12-31 | $92.1M | $1.7M | +1.92% |
| 2016 | 2016-12-31 | $90.3M | $1.9M | +2.14% |
| 2015 | 2015-12-31 | $88.5M | −$1.5M | −1.67% |
| 2014 | 2014-12-31 | $90.0M | −$14.2M | −13.61% |
| 2013 | 2013-12-31 | $104.1M | −$12.6M | −10.81% |
| 2012 | 2012-12-31 | $116.7M | −$17.2M | −12.85% |
| 2011 | 2011-12-31 | $133.9M | −$21.1M | −13.58% |
| 2010 | 2010-12-31 | $155.0M | −$33.4M | −17.75% |
| 2009 | 2009-12-31 | $188.4M | — | — |
Independent Bank quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $37.8M | $4.0M | +11.99% |
| Q1 2026 | 2026-03-31 | $38.3M | $4.0M | +11.82% |
| Q4 2025 | 2025-12-31 | $36.1M | −$909,000 | −2.46% |
| Q3 2025 | 2025-09-30 | $34.1M | $1.5M | +4.75% |
| Q2 2025 | 2025-06-30 | $33.8M | $429,000 | +1.29% |
| Q1 2025 | 2025-03-31 | $34.3M | $2.1M | +6.43% |
| Q4 2024 | 2024-12-31 | $37.0M | $5.1M | +16.03% |
| Q3 2024 | 2024-09-30 | $32.6M | $547,000 | +1.71% |
| Q2 2024 | 2024-06-30 | $33.3M | $1.1M | +3.36% |
| Q1 2024 | 2024-03-31 | $32.2M | $1.2M | +3.99% |
| Q4 2023 | 2023-12-31 | $31.9M | −$213,000 | −0.66% |
| Q3 2023 | 2023-09-30 | $32.0M | −$330,000 | −1.02% |
| Q2 2023 | 2023-06-30 | $32.2M | −$186,000 | −0.57% |
| Q1 2023 | 2023-03-31 | $31.0M | −$493,000 | −1.57% |
| Q4 2022 | 2022-12-31 | $32.1M | −$1.9M | −5.49% |
| Q3 2022 | 2022-09-30 | $32.4M | −$2.1M | −6.22% |
| Q2 2022 | 2022-06-30 | $32.4M | −$102,000 | −0.31% |
| Q1 2022 | 2022-03-31 | $31.4M | $1.4M | +4.76% |
| Q4 2021 | 2021-12-31 | $34.0M | $1.2M | +3.81% |
| Q3 2021 | 2021-09-30 | $34.5M | $871,000 | +2.59% |
| Q2 2021 | 2021-06-30 | $32.5M | $5.2M | +18.98% |
| Q1 2021 | 2021-03-31 | $30.0M | $1.3M | +4.53% |
| Q4 2020 | 2020-12-31 | $32.7M | $3.4M | +11.62% |
| Q3 2020 | 2020-09-30 | $33.6M | $5.8M | +20.80% |
| Q2 2020 | 2020-06-30 | $27.3M | $754,000 | +2.84% |
| Q1 2020 | 2020-03-31 | $28.7M | $729,000 | +2.60% |
| Q4 2019 | 2019-12-31 | $29.3M | $2.5M | +9.24% |
| Q3 2019 | 2019-09-30 | $27.8M | $1.1M | +4.14% |
| Q2 2019 | 2019-06-30 | $26.6M | −$3.2M | −10.65% |
| Q1 2019 | 2019-03-31 | $28.0M | $3.9M | +15.97% |
| Q4 2018 | 2018-12-31 | $26.8M | $3.7M | +15.94% |
| Q3 2018 | 2018-09-30 | $26.7M | $4.1M | +18.23% |
| Q2 2018 | 2018-06-30 | $29.8M | $7.0M | +30.75% |
| Q1 2018 | 2018-03-31 | $24.1M | $566,000 | +2.40% |
| Q4 2017 | 2017-12-31 | $23.1M | −$1.7M | −7.00% |
| Q3 2017 | 2017-09-30 | $22.6M | $87,000 | +0.39% |
| Q2 2017 | 2017-06-30 | $22.8M | $1.9M | +8.93% |
| Q1 2017 | 2017-03-31 | $23.6M | $1.5M | +6.91% |
| Q4 2016 | 2016-12-31 | $24.9M | $2.0M | +8.92% |
| Q3 2016 | 2016-09-30 | $22.5M | $650,000 | +2.97% |
| Q2 2016 | 2016-06-30 | $20.9M | −$684,000 | −3.17% |
| Q1 2016 | 2016-03-31 | $22.0M | −$106,000 | −0.48% |
| Q4 2015 | 2015-12-31 | $22.8M | −$66,000 | −0.29% |
| Q3 2015 | 2015-09-30 | $21.9M | −$205,000 | −0.93% |
| Q2 2015 | 2015-06-30 | $21.6M | −$981,000 | −4.35% |
| Q1 2015 | 2015-03-31 | $22.2M | −$249,000 | −1.11% |
| Q4 2014 | 2014-12-31 | $22.9M | −$2.1M | −8.26% |
| Q3 2014 | 2014-09-30 | $22.1M | −$3.9M | −14.85% |
| Q2 2014 | 2014-06-30 | $22.6M | −$5.2M | −18.68% |
| Q1 2014 | 2014-03-31 | $22.4M | −$3.1M | −12.06% |
| Q4 2013 | 2013-12-31 | $25.0M | −$4.9M | −16.51% |
| Q3 2013 | 2013-09-30 | $25.9M | −$3.4M | −11.48% |
| Q2 2013 | 2013-06-30 | $27.7M | −$1.7M | −5.91% |
| Q1 2013 | 2013-03-31 | $25.5M | −$2.6M | −9.18% |
| Q4 2012 | 2012-12-31 | $29.9M | −$6.8M | −18.54% |
| Q3 2012 | 2012-09-30 | $29.3M | −$2.2M | −6.88% |
| Q2 2012 | 2012-06-30 | $29.5M | −$2.4M | −7.59% |
| Q1 2012 | 2012-03-31 | $28.0M | −$5.8M | −17.18% |
| Q4 2011 | 2011-12-31 | $36.7M | — | — |
| Q3 2011 | 2011-09-30 | $31.5M | −$6.0M | −16.12% |
| Q2 2011 | 2011-06-30 | $31.9M | −$5.7M | −15.14% |
| Q1 2011 | 2011-03-31 | $33.9M | — | — |
| Q3 2010 | 2010-09-30 | $37.5M | — | — |
| Q2 2010 | 2010-06-30 | $37.6M | — | — |
Independent Bank operating expenses trends
Over the last five fiscal years, Independent Bank's operating expenses increased from $122.4M to $138.2M, a change of $15.8M. The latest reported quarter, Q2 2026, shows $37.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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