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$ 137.59MOperating Expenses
VS
Market
57
Sector
56
Industry
47
History
-
$ 31.23Close
$ 28.08 - $ 38.99 52-Week Range
Ticker Information

Ticker

IBCP

Company Name

INDEPENDENT BANK CORP

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

INDEPENDENT BANK CORP - Operating Expenses Chart Analysis (TTM)

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IBCP - Op. Exp. Historical data
DateOperating Expenses
6/30/2025$ 137.59M
3/31/2025$ 137.16M
12/31/2024$ 135.1M
9/30/2024$ 129.99M
6/30/2024$ 129.44M
3/31/2024$ 128.35M
12/31/2023$ 127.12M
9/30/2023$ 127.33M
6/30/2023$ 127.66M
3/31/2023$ 127.85M
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Key Performance Insights, Last 5 Years

  • INDEPENDENT BANK CORP's latest trailing twelve months (TTM) Op. Exp. stands at $ 119.1M.
  • Over the past 5 years, INDEPENDENT BANK CORP's average Op. Exp. has been $ 129.3M.
  • The median Op. Exp. for INDEPENDENT BANK CORP during this period was $ 129.17M
  • INDEPENDENT BANK CORP reached its highest Op. Exp. over the past 5 years at $ 137.59M.
  • The lowest Op. Exp. recorded by INDEPENDENT BANK CORP in the same timeframe $ 119.1M

INDEPENDENT BANK CORP's Op. Exp. vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Op. Exp. Benchmarks
CompanyOp. Exp.
GSBC : GREAT SOUTHERN BANCORP INC $ 140.49MTHFF : FIRST FINANCIAL CORP $ 153.4MCCNE : CNB FINANCIAL CORP $ 157.24MORRF : ORRSTOWN FINANCIAL SERVICES INC $ 179.02MCAC : CAMDEN NATIONAL CORP $ 139.31MHBNC : HORIZON BANCORP INC $ 162.93MMPB : MID PENN BANCORP INC $ 136.56MHTB : HOMETRUST BANCSHARES INC $ 126.81MSPFI : SOUTH PLAINS FINANCIAL INC $ 129.65MHAFC : HANMI FINANCIAL CORP $ 140.95M

Definition of Operating Expenses

[Income Statement] Operating expenses are costs like [SGnA] and [RnD] incurred during regular operations. These costs can either be fixed or variable, and are dependend on the type of business. Common examples are rent, insurance, marketing, and payroll, it excludes cost of revenue [CoR].

IBCP - Operating Expenses, Last 5 years

$ 119.1M

Minimum

Sep 30, 2020

$ 137.59M

Maximum

Jun 30, 2025

$ 129.3M

Average

$ 129.17M

Median

Op. Exp. Benchmark Analysis

The chart above depicts the distribution of Op. Exp. for companies in the Total Stock Market. The average Op. Exp. of the companies is $ 232.67M with a standard deviation of $ 271.52M.
The following table provides additional summary stats:
Op. Exp. in the Market:
filtered constituents3.46K
min$ -391.56M
max$ 1.16B
average$ 232.67M
median$ 120.55M
std$ 271.52M