Independent Bank Corp. (INDB)

USD 54.63

(-0.49%)

Operating Expenses Summary of Independent Bank Corp.

  • Independent Bank Corp.'s latest annual operating expenses in 2023 was 722.12 Million USD , down -23.43% from previous year.
  • Independent Bank Corp.'s latest quarterly operating expenses in 2024 Q2 was 29.94 Million USD , up 2.65% from previous quarter.
  • Independent Bank Corp. reported a annual operating expenses of -389.37 Million USD in annual operating expenses 2022, down -11.02% from previous year.
  • Independent Bank Corp. reported a annual operating expenses of -350.73 Million USD in annual operating expenses 2021, down -8.05% from previous year.
  • Independent Bank Corp. reported a quarterly operating expenses of 29.17 Million USD for 2024 Q1, up 121.41% from previous quarter.
  • Independent Bank Corp. reported a quarterly operating expenses of 121.83 Million USD for 2024 Q3, up 483.16% from previous quarter.

Annual Operating Expenses Chart of Independent Bank Corp. (2023 - 1989)

Historical Annual Operating Expenses of Independent Bank Corp. (2023 - 1989)

Year Operating Expenses Operating Expenses Growth
2023 722.12 Million USD -23.43%
2022 -389.37 Million USD -11.02%
2021 -350.73 Million USD -8.05%
2020 -324.61 Million USD -11.81%
2019 -290.32 Million USD -43.88%
2018 -201.77 Million USD -6.78%
2017 -188.95 Million USD -5.34%
2016 -179.37 Million USD -1.46%
2015 -176.79 Million USD -10.02%
2014 -160.7 Million USD -3854.72%
2013 4.28 Million USD 102.78%
2012 -154.11 Million USD -19.91%
2011 -128.52 Million USD -246.81%
2010 87.54 Million USD 9.9%
2009 79.65 Million USD 241.98%
2008 -56.1 Million USD -103.97%
2007 -27.5 Million USD -65.2%
2006 -16.65 Million USD 52.22%
2005 -34.84 Million USD -1524.15%
2004 2.44 Million USD 23.27%
2003 1.98 Million USD 4.8%
2002 1.89 Million USD 107.62%
2001 -24.85 Million USD -115.34%
2000 -11.54 Million USD -518.21%
1999 -1.86 Million USD -243.62%
1998 1.3 Million USD 168.42%
1997 -1.9 Million USD 74.32%
1996 -7.4 Million USD 33.93%
1995 -11.2 Million USD 31.29%
1994 -16.3 Million USD -3.82%
1993 -15.7 Million USD 15.59%
1992 -18.6 Million USD 1.59%
1991 -18.9 Million USD -5.59%
1990 -17.9 Million USD -403.39%
1989 5.9 Million USD -33.71%

Peer Operating Expenses Comparison of Independent Bank Corp.

Name Operating Expenses Operating Expenses Difference
Heritage Financial Corporation 243.81 Million USD -196.175%
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Pioneer Bancorp, Inc. 53.95 Million USD -1238.462%
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Republic Bancorp, Inc. 170.59 Million USD -323.304%
Richmond Mutual Bancorporation, Inc. 42.06 Million USD -1616.53%
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BayCom Corp 104.44 Million USD -591.368%
Riverview Bancorp, Inc. 48.32 Million USD -1394.221%
Burke & Herbert Bank & Trust Company 110.93 Million USD -550.946%
Shore Bancshares, Inc. 159.65 Million USD -352.319%
Southern Missouri Bancorp, Inc. 164.32 Million USD -339.445%
Brookline Bancorp, Inc. 198.05 Million USD -264.615%
Territorial Bancorp Inc. 37.28 Million USD -1836.724%
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Capital Bancorp, Inc. 166.5 Million USD -333.707%
William Penn Bancorporation 17.63 Million USD -3995.78%
WesBanco, Inc. 297.02 Million USD -143.123%
Waterstone Financial, Inc. 104.52 Million USD -590.865%
Wintrust Financial Corporation 1.11 Billion USD 34.985%
Zions Bancorporation, National Association 2.09 Billion USD 65.564%
The First Bancshares, Inc. 290.17 Million USD -148.86%
First Community Corporation 54.52 Million USD -1224.42%
First Guaranty Bancshares, Inc. 52.37 Million USD -1278.736%
First Interstate BancSystem, Inc. 656.8 Million USD -9.946%
FinWise Bancorp 76.23 Million USD -847.188%
Fifth Third Bancorp 3.76 Billion USD 80.8%
Farmers & Merchants Bancorp, Inc. 94.69 Million USD -662.614%
First United Corporation 43.31 Million USD -1567.152%
Hope Bancorp, Inc. 276.18 Million USD -161.463%
MainStreet Bancshares, Inc. 79.58 Million USD -807.366%
Landmark Bancorp, Inc. 2.45 Million USD -29350.53%
Flushing Financial Corporation 121.95 Million USD -492.14%
Pinnacle Financial Partners, Inc. 705.86 Million USD -2.304%
FS Bancorp, Inc. 70.78 Million USD -920.17%
Renasant Corporation 13.67 Million USD -5182.181%
TFS Financial Corporation 63.5 Million USD -1037.083%
First Financial Corporation 209.96 Million USD -243.929%
United Security Bancshares 25.95 Million USD -2682.334%
USCB Financial Holdings, Inc. 32.84 Million USD -2098.59%
Valley National Bancorp 868.72 Million USD 16.875%
WSFS Financial Corporation 425.71 Million USD -69.626%
Auburn National Bancorporation, Inc. 16.35 Million USD -4315.599%
Merchants Bancorp 559.33 Million USD -29.106%
Cullman Bancorp, Inc. 11.42 Million USD -6222.8%
Columbia Banking System, Inc. 1.99 Billion USD 63.841%
Fidelity D & D Bancorp, Inc. 44.91 Million USD -1507.799%
First Guaranty Bancshares, Inc. 52.37 Million USD -1278.736%
Merchants Bancorp 559.33 Million USD -29.106%
Mid Penn Bancorp, Inc. 165.01 Million USD -337.608%
NBT Bancorp Inc. 517.77 Million USD -39.466%
Southern California Bancorp 97.51 Million USD -640.514%
Civista Bancshares, Inc. 160.23 Million USD -350.656%
Simmons First National Corporation 371.4 Million USD -94.429%
HomeStreet, Inc. 38.8 Million USD -1760.72%
MVB Financial Corp. 146.48 Million USD -392.977%
CrossFirst Bankshares, Inc. 245.43 Million USD -194.22%
First Mid Bancshares, Inc. 274.92 Million USD -162.661%
Veritex Holdings, Inc. 196.38 Million USD -267.717%
Kearny Financial Corp. 140.6 Million USD -413.6%
HarborOne Bancorp, Inc. 166.35 Million USD -334.096%
NB Bancorp, Inc. Common Stock 145.63 Million USD -395.851%
OptimumBank Holdings, Inc. 27.16 Million USD -2558.299%
Univest Financial Corporation 296.82 Million USD -143.287%
Bank OZK 347.58 Million USD -107.754%
OceanFirst Financial Corp. 209.01 Million USD -245.499%
The Bank of Princeton 38.75 Million USD -1763.457%
Provident Bancorp, Inc. 64.07 Million USD -1026.95%
Mercantile Bank Corporation 225.68 Million USD -219.967%
Premier Financial Corp. 300.56 Million USD -140.259%
Citizens Financial Services, Inc. 91.86 Million USD -686.074%
Oconee Federal Financial Corp. 3.3 Million USD -21756.144%
First Financial Northwest, Inc. 43.31 Million USD -1567.114%
ESSA Bancorp, Inc. 15.03 Million USD -4703.932%
First Western Financial, Inc. 70.01 Million USD -931.418%
Triumph Financial, Inc. 417.5 Million USD -72.962%
QCR Holdings, Inc. 188.67 Million USD -282.734%
ChoiceOne Financial Services, Inc. 80.79 Million USD -793.821%
Blue Foundry Bancorp 43.72 Million USD -1551.557%
Huntington Bancshares Incorporated 115 Million USD -527.937%
First Bank 52.01 Million USD -1288.332%
Five Star Bancorp 38.3 Million USD -1785.055%
Financial Institutions, Inc. 116.18 Million USD -521.543%
CF Bankshares Inc. 51.05 Million USD -1314.493%
United Bankshares, Inc. 1.04 Billion USD 31.059%
Capital City Bank Group, Inc. 223.61 Million USD -222.935%
RBB Bancorp 63.59 Million USD -1035.563%
Southern States Bancshares, Inc. 30.96 Million USD -2231.774%
Northeast Bank 151.19 Million USD -377.607%
Hawthorn Bancshares, Inc. 38.48 Million USD -1776.483%
SmartFinancial, Inc. 152.4 Million USD -373.821%
AmeriServ Financial, Inc. 52.4 Million USD -1277.868%
FFBW, Inc. 8.42 Million USD -8467.173%
Sandy Spring Bancorp, Inc. 419.33 Million USD -72.207%
Citizens & Northern Corporation 103.13 Million USD -600.176%
Preferred Bank 64.95 Million USD -1011.683%
Primis Financial Corp. 143.96 Million USD -401.613%
Union Bankshares, Inc. 26.02 Million USD -2674.424%
CNB Financial Corporation 218.13 Million USD -231.04%
Sound Financial Bancorp, Inc. 38.84 Million USD -1759.092%
Fulton Financial Corporation 581.41 Million USD -24.201%
Generations Bancorp NY, Inc. 12.78 Million USD -5550.446%
Ames National Corporation 53.84 Million USD -1241.246%
United Bancorp, Inc. 14.89 Million USD -4747.141%
SB Financial Group, Inc. 56.99 Million USD -1167.023%
Wintrust Financial Corporation 1.11 Billion USD 34.985%
Hanmi Financial Corporation 125.27 Million USD -476.447%
Commerce Bancshares, Inc. 1.58 Billion USD 54.473%
BOK Financial Corporation 1.97 Billion USD 63.433%
Southern First Bancshares, Inc. 87.51 Million USD -725.156%
Middlefield Banc Corp. 71.89 Million USD -904.433%
Eagle Bancorp Montana, Inc. 83.31 Million USD -766.774%
Coastal Financial Corporation 517 Thousand USD -139576.402%
Glen Burnie Bancorp 11.63 Million USD -6104.906%
Northfield Bancorp, Inc. (Staten Island, NY) 136.56 Million USD -428.787%
CNB Financial Corporation 218.13 Million USD -231.04%
Investar Holding Corporation 49.63 Million USD -1354.904%
West Bancorporation, Inc. 41.04 Million USD -1659.483%
Plumas Bancorp 80.09 Million USD -801.611%
Eagle Bancorp, Inc. 312.08 Million USD -131.39%
SR Bancorp, Inc. Common stock 26.88 Million USD -2586.484%
Columbia Financial, Inc. 233.25 Million USD -209.587%
First Community Bankshares, Inc. 156.22 Million USD -362.226%
Pathfinder Bancorp, Inc. 43.07 Million USD -1576.402%
Popular, Inc. 2.64 Billion USD 72.69%
TowneBank 391.59 Million USD -84.406%
Arrow Financial Corporation 133.94 Million USD -439.106%
Colony Bankcorp, Inc. 71.59 Million USD -908.571%
Trustmark Corporation 360.28 Million USD -100.43%
Wintrust Financial Corporation 1.11 Billion USD 34.985%
Finward Bancorp 65.3 Million USD -1005.844%
Provident Financial Holdings, Inc. 38.86 Million USD -1758.087%
Eastern Bankshares, Inc. 308.19 Million USD -134.312%
Esquire Financial Holdings, Inc. 49.26 Million USD -1365.831%
Bank First Corporation 137.47 Million USD -425.298%
Peapack-Gladstone Financial Corporation 122.12 Million USD -491.282%
Camden National Corporation 156.33 Million USD -361.916%
Stock Yards Bancorp, Inc. 158.1 Million USD -356.753%
BCB Bancorp, Inc. 108.15 Million USD -567.709%
Oak Valley Bancorp 82.43 Million USD -776.017%
Summit State Bank 18.38 Million USD -3827.592%
MainStreet Bancshares, Inc. 79.58 Million USD -807.366%
C&F Financial Corporation 79.7 Million USD -806.034%
Valley National Bancorp 868.72 Million USD 16.875%
SHF Holdings, Inc. 17.99 Million USD -3913.204%
Bridgewater Bancshares, Inc. 49.65 Million USD -1354.201%
Westamerica Bancorporation 323.64 Million USD -123.123%
Chemung Financial Corporation 97.95 Million USD -637.173%
Hancock Whitney Corporation 716.83 Million USD -0.739%
Fifth Third Bancorp 3.76 Billion USD 80.8%
Sierra Bancorp 118.16 Million USD -511.128%
ACNB Corporation 106.42 Million USD -578.512%
City Holding Company 108.13 Million USD -567.777%
Rhinebeck Bancorp, Inc. 28.2 Million USD -2460.371%
Enterprise Financial Services Corp 541.18 Million USD -33.433%
PB Bankshares, Inc. 12.78 Million USD -5546.47%
Ponce Financial Group, Inc. 68.66 Million USD -951.697%
Guaranty Bancshares, Inc. 116.58 Million USD -519.378%
Broadway Financial Corporation 34.81 Million USD -1973.945%
Lake Shore Bancorp, Inc. 26.99 Million USD -2575.238%
Affinity Bancshares, Inc. 29.66 Million USD -2334.355%
Business First Bancshares, Inc. 247.42 Million USD -191.86%
Amalgamated Financial Corp. 285.71 Million USD -152.744%
German American Bancorp, Inc. 144.49 Million USD -399.752%
Citizens Community Bancorp, Inc. 34.74 Million USD -1978.303%
Meridian Corporation 100.9 Million USD -615.636%
Capitol Federal Financial, Inc. 4.26 Million USD -16835.436%
Old Second Bancorp, Inc. 280.98 Million USD -156.997%
First National Corporation 53.57 Million USD -1247.956%
Huntington Bancshares Incorporated 115 Million USD -527.937%
Western New England Bancorp, Inc. 78.8 Million USD -816.3%
Hingham Institution for Savings 25.55 Million USD -2725.665%
CFSB Bancorp, Inc. 7.49 Million USD -9532.213%
Old National Bancorp 1.01 Billion USD 28.569%
Bank7 Corp. 91.78 Million USD -686.734%
Carver Bancorp, Inc. 29.28 Million USD -2365.944%
Fifth Third Bancorp 3.76 Billion USD 80.8%
Bank OZK 347.58 Million USD -107.754%
Hanover Bancorp, Inc. 32.1 Million USD -2149.126%
OceanFirst Financial Corp. 209.01 Million USD -245.499%
Fulton Financial Corporation 581.41 Million USD -24.201%
Equity Bancshares, Inc. 136.98 Million USD -427.173%
Ameris Bancorp 1.04 Billion USD 30.732%
Pathward Financial, Inc. 233.43 Million USD -209.346%
Independent Bank Group, Inc. 507.66 Million USD -42.244%
Bank of Marin Bancorp 65.53 Million USD -1001.946%
Carter Bankshares, Inc. 136.61 Million USD -428.593%
First Citizens BancShares, Inc. 4.27 Billion USD 83.1%
1st Source Corporation 369.27 Million USD -95.555%
BancFirst Corporation 257.15 Million USD -180.817%
Huntington Bancshares Incorporated 115 Million USD -527.937%
South Plains Financial, Inc. 131.53 Million USD -448.992%
Old National Bancorp 1.01 Billion USD 28.569%
Independent Bank Corporation 109.27 Million USD -560.865%
S&T Bancorp, Inc. 407.03 Million USD -77.414%
PCB Bancorp 99.18 Million USD -628.046%
Parke Bancorp, Inc. 18.65 Million USD -3770.542%
Bogota Financial Corp. 16.11 Million USD -4381.78%
Pacific Premier Bancorp, Inc. 7.08 Million USD -10099.534%
Catalyst Bancorp, Inc. 7.68 Million USD -9297.801%
SHF Holdings, Inc. 17.99 Million USD -3913.204%
BayFirst Financial Corp. 56.23 Million USD -1184.055%
Patriot National Bancorp, Inc. 34.24 Million USD -2008.646%
MetroCity Bankshares, Inc. 47.72 Million USD -1413.068%
First Capital, Inc. 42.22 Million USD -1610.391%
Peoples Bancorp of North Carolina, Inc. 37.06 Million USD -1848.114%
Mid-Southern Bancorp, Inc. 2.95 Million USD -24362.297%
Texas Capital Bancshares, Inc. 25.85 Million USD -2693.096%
Orrstown Financial Services, Inc. 71.46 Million USD -910.448%
First Hawaiian, Inc. 805.31 Million USD 10.33%
First Merchants Corporation 651 Million USD -10.925%
Signature Bank 74.03 Million USD -875.373%
Enterprise Bancorp, Inc. 170.69 Million USD -323.056%
TriCo Bancshares 411.13 Million USD -75.644%
First Business Financial Services, Inc. - USD -Infinity%
Zions Bancorporation, National Association 2.09 Billion USD 65.564%
Midland States Bancorp, Inc. 298.4 Million USD -141.999%
First Financial Bankshares, Inc. 243.29 Million USD -196.806%
Merchants Bancorp 559.33 Million USD -29.106%
Tectonic Financial, Inc. 36.58 Million USD -1873.887%
First US Bancshares, Inc. 22.41 Million USD -3121.48%
The Bancorp, Inc. 168.22 Million USD -329.265%
Merchants Bancorp 559.33 Million USD -29.106%
Alerus Financial Corporation 166.16 Million USD -334.582%
Old Point Financial Corporation 61.96 Million USD -1065.473%
ConnectOne Bancorp, Inc. 269.1 Million USD -168.342%
John Marshall Bancorp, Inc. 22.71 Million USD -3079.355%
First Bancorp 404.29 Million USD -78.613%
Community West Bancshares 88.11 Million USD -719.546%
The First Bancorp, Inc. 31.83 Million USD -2168.058%
Farmers National Banc Corp. 78.95 Million USD -814.641%
First Internet Bancorp - Fixed- 95.31 Million USD -657.622%
International Bancshares Corporation 275.35 Million USD -162.254%
Washington Federal, Inc. 1.17 Billion USD 38.616%
Bridgewater Bancshares, Inc. 49.65 Million USD -1354.201%
Bank of the James Financial Group, Inc. 41.8 Million USD -1627.494%
Valley National Bancorp 868.72 Million USD 16.875%
Lakeland Financial Corporation 246.89 Million USD -192.486%
The First of Long Island Corporation 92.96 Million USD -676.806%
CVB Financial Corp. 191.18 Million USD -277.703%
Orange County Bancorp, Inc. 101.69 Million USD -610.126%
Heritage Commerce Corp 192.22 Million USD -275.673%
First Financial Bancorp. 387.41 Million USD -86.395%
National Bankshares, Inc. 24.61 Million USD -2834.164%
Virginia National Bankshares Corporation 58.07 Million USD -1143.546%
TrustCo Bank Corp NY 94.44 Million USD -664.633%
First Busey Corporation 441.83 Million USD -63.438%
Dime Community Bancshares, Inc. 175.9 Million USD -310.528%
Triumph Financial, Inc. 417.5 Million USD -72.962%
Zions Bancorporation, National Association 2.09 Billion USD 65.564%
Greene County Bancorp, Inc. 64.88 Million USD -1012.899%
WesBanco, Inc. 297.02 Million USD -143.123%
Midland States Bancorp, Inc. 298.4 Million USD -141.999%
Huntington Bancshares Incorporated 115 Million USD -527.937%
NSTS Bancorp, Inc. 4.95 Million USD -14479.588%
Dime Community Bancshares, Inc. 175.9 Million USD -310.528%
UMB Financial Corporation 1.32 Billion USD 45.537%
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Home Federal Bancorp, Inc. of Louisiana 20.38 Million USD -3443.312%
Timberland Bancorp, Inc. 14.69 Million USD -4814.769%
Cathay General Bancorp 810.03 Million USD 10.853%
HomeTrust Bancshares, Inc. 113.39 Million USD -536.808%
CB Financial Services, Inc. 31.06 Million USD -2224.792%
First Savings Financial Group, Inc. -66.52 Million USD 1185.465%
HBT Financial, Inc. 225.71 Million USD -219.927%
Kentucky First Federal Bancorp 2.45 Million USD -29302.565%
Fifth Third Bancorp 3.76 Billion USD 80.8%
FVCBankcorp, Inc. 42.13 Million USD -1613.801%
Magyar Bancorp, Inc. -41.08 Million USD 1857.684%
Heartland Financial USA, Inc. 580.38 Million USD -24.421%
First Merchants Corporation 651 Million USD -10.925%
Third Coast Bancshares, Inc. 147.05 Million USD -391.052%
ECB Bancorp, Inc. 25.84 Million USD -2694.393%
Republic First Bancorp, Inc. -128.25 Million USD 663.044%
Heartland Financial USA, Inc. 580.38 Million USD -24.421%
Unity Bancorp, Inc. 102.22 Million USD -606.437%
Franklin Financial Services Corporation 67.25 Million USD -973.747%
SouthState Corporation 28.02 Million USD -2477.092%
Bankwell Financial Group, Inc. 99.31 Million USD -627.144%
Banner Corporation 335.51 Million USD -115.227%
Hancock Whitney Corporation - 6 716.83 Million USD -0.739%
Washington Federal, Inc. 1.17 Billion USD 38.616%
Sterling Bancorp, Inc. (Southfield, MI) 63.22 Million USD -1042.19%
Stellar Bancorp, Inc. 11.58 Million USD -6134.908%
Atlantic Union Bankshares Corporation 233.1 Million USD -209.785%
Great Southern Bancorp, Inc. 223.28 Million USD -223.406%
ConnectOne Bancorp, Inc. 269.1 Million USD -168.342%
First Citizens BancShares, Inc. 4.27 Billion USD 83.1%
Norwood Financial Corp. 70.19 Million USD -928.803%
First Citizens BancShares, Inc. 4.27 Billion USD 83.1%
Enterprise Financial Services Corp 541.18 Million USD -33.433%
First Foundation Inc. 15.18 Million USD -4655.842%
Seacoast Banking Corporation of Florida 289.38 Million USD -149.537%
Northeast Community Bancorp, Inc. 25.22 Million USD -2763.311%
Southside Bancshares, Inc. 250.86 Million USD -187.859%
BankFinancial Corporation 37.36 Million USD -1832.785%
United Bancshares, Inc. 38.74 Million USD -1763.89%
Penns Woods Bancorp, Inc. 63.33 Million USD -1040.099%
First Seacoast Bancorp 14.56 Million USD -4858.301%
Home Bancorp, Inc. 135.32 Million USD -433.612%
Texas Community Bancshares, Inc. 11.41 Million USD -6225.015%
Bank of South Carolina Corporation 2.61 Million USD -27551.809%
First Northwest Bancorp 65.45 Million USD -1003.292%
First Internet Bancorp 95.31 Million USD -657.622%
Ohio Valley Banc Corp. 34.73 Million USD -1978.721%
TC Bancshares, Inc. 15.06 Million USD -4692.363%
HMN Financial, Inc. -34.92 Million USD 2167.71%
IF Bancorp, Inc. 22.11 Million USD -3165.474%
Horizon Bancorp, Inc. 118.37 Million USD -510.023%