Independent Bank Corporation IBCP Interchange expense

Interchange expense at other companies

First Busey CorporationBUSE

$1.12M-16.9%

Old Second BancorpOSBC

$1.52M+10.1%

First Busey CorporationBUSE

$0—

National Bank HoldingsNBHC

$1.08M-2.3%

First Financial CorporationTHFF

$186K-13.1%

PopularBPOP

$11.3M—

Questions, answered.

What is Independent Bank Corporation's interchange expense?

Independent Bank Corporation (IBCP) reported interchange expense of $1.19M in Q1 2026.

How has Independent Bank Corporation's interchange expense changed year-over-year?

Independent Bank Corporation's 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 interchange expense?

Over 4 years (2021 to 2025), Independent Bank Corporation's interchange expense has grown at a 1.1% compound annual growth rate (CAGR), from $4.43M to $4.64M.

What does interchange expense mean?

These are the costs incurred by the bank for processing debit and credit card transactions through payment networks. This expense is directly tied to the volume of card-based activity and represents the friction costs of providing electronic payment services to customers.