Independent Bank Corporation IBCP Independent Bank — Interchange expense
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Where this comes from
Reported directly by Independent Bank Corporation in its filing.
Tagged under the XBRL concept ibcp:InterchangeExpense.
The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Independent Bank Corporation's independent bank — interchange expense?
- Independent Bank Corporation (IBCP) reported independent bank — interchange expense of $1.19M in Q1 2026.
- How has Independent Bank Corporation's independent bank — interchange expense changed year-over-year?
- Independent Bank Corporation's independent bank — interchange expense increased by 6.4% year-over-year, from $1.12M to $1.19M.
- What is the long-term trend for Independent Bank Corporation's independent bank — interchange expense?
- Over 3 years (2022 to 2025), Independent Bank Corporation's independent bank — interchange expense has grown at a 3.0% compound annual growth rate (CAGR), from $4.24M to $4.64M.
- What does independent bank — interchange expense mean?
- Reflects the costs paid by the bank to payment networks and card issuers for processing debit and credit card transactions. It is a direct operational cost associated with providing electronic payment services to customers.