Independent Bank (IBCP) Deferred Taxes (2013 - 2026)
Independent Bank (IBCP) posted Deferred Taxes of -$1.4 million for Q1 2026, down 250.05% sequentially from $931000.0 in Q4 2025, and down 234.85% YoY from $1.0 million in Q1 2025.
Independent Bank (IBCP) Deferred Taxes (2013 - 2026) Analysis & Trends
Independent Bank has reported Deferred Taxes for 14 years, with the latest figure at -$1.4 million in Q1 2026.
- Quarterly Deferred Taxes fell 234.85% year-over-year to -$1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 million (down 71.25% YoY) and the FY2025 annual result came in at $3.5 million, up 182.93% from the prior year.
- Deferred Taxes fell to -$1.4 million in Q1 2026 per IBCP's latest filing, from $931000.0 in the prior quarter.
- Over five years, Deferred Taxes peaked at $2.3 million in Q4 2022 and troughed at -$2.2 million in Q1 2022.
- A 5-year average of $207411.8 and a median of $606000.0 in 2023 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2022 and 2026: Deferred Taxes jumped 308.88% in 2022, then slumped 234.85% in 2026.
- Over 5 years, Deferred Taxes stood at $2.3 million in 2022, then tumbled by 73.43% to $606000.0 in 2023, then surged by 81.19% to $1.1 million in 2024, then dropped by 15.21% to $931000.0 in 2025, then tumbled by 250.05% to -$1.4 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$1.4 million, $931000.0, and $789000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Independent Bank | 764.20 Mn | 598.75 Mn | - | 422,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 422,000.00 |
| Mar 31, 2026 | -1.40 Mn |
| Dec 31, 2025 | 931,000.00 |
| Sep 30, 2025 | 789,000.00 |
| Jun 30, 2025 | 775,000.00 |
| Mar 31, 2025 | 1.04 Mn |
| Dec 31, 2024 | 1.10 Mn |
| Sep 30, 2024 | 1.32 Mn |
| Jun 30, 2024 | 361,000.00 |
| Mar 31, 2024 | -1.54 Mn |
| Dec 31, 2023 | 606,000.00 |
| Sep 30, 2023 | 434,000.00 |
| Jun 30, 2023 | 181,000.00 |
| Mar 31, 2023 | -1.44 Mn |
| Dec 31, 2022 | 2.28 Mn |
| Sep 30, 2022 | 758,000.00 |
| Jun 30, 2022 | -506,000.00 |
| Mar 31, 2022 | -2.17 Mn |
| Dec 31, 2021 | -1.09 Mn |
| Sep 30, 2021 | -1.07 Mn |