Independent Bank CorporationIBCPNASDAQ
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank71
3Y CAGR+20.3%
Year-over-Year Change
Year-over-year SG&A expense growth
3Y CAGR
+20.3%/yr
vs -27.2%/yr prior
Acceleration
+47.6pp
Accelerating
Percentile
P71
Within normal range
vs 3Y Ago
1.7x
Solid growth
Streak
1 yr
Consecutive declineDecelerating
| Period | Value |
|---|---|
| 2025 | 5.88% |
| 2024 | 7.93% |
| 2023 | -1.17% |
| 2022 | 3.37% |
| 2021 | 1.81% |
| 2020 | -0.83% |
| 2019 | 7.93% |
| 2018 | 12.01% |
| 2017 | 7.32% |
| 2016 | 1.60% |