Independent Bank (IBCP) Depreciation Expense (2011 - 2026)
Independent Bank recorded quarterly Depreciation Expense of $894000.0 in Q1 2026, little changed quarter-over-quarter from $897000.0 in Q4 2025, and up 1.02% year-over-year from $885000.0 in Q1 2025.
Independent Bank's Depreciation Expense history runs 16 years deep, the most recent figure standing at $894000.0 for Q1 2026.
- In Q1 2026, Depreciation Expense rose 1.02% year-over-year to $894000.0; the TTM figure through Mar 2026 stood at $3.5 million (down 5.88% YoY), while the FY2025 annual figure was $3.5 million, down 7.84% from the prior year.
- Depreciation Expense came in at $894000.0 for Q1 2026 at Independent Bank, roughly flat from $897000.0 in the prior quarter.
- In the past five years, Depreciation Expense ranged from a high of $1.0 million in Q1 2022 to a low of $793000.0 in Q2 2025.
- A 5-year average of $934470.6 and a median of $929000.0 in 2023 frame the typical range for Depreciation Expense.
- Across the five-year window, Depreciation Expense rose 4.39% in 2023 and fell 16.35% in 2025, its largest moves.
- Independent Bank's Depreciation Expense stood at $933000.0 in 2022, then gained by 4.39% to $974000.0 in 2023, then declined by 4.72% to $928000.0 in 2024, then declined by 3.34% to $897000.0 in 2025, then decreased by 0.33% to $894000.0 in 2026.
- According to Business Quant data, Depreciation Expense over the past three periods registered $894000.0, $897000.0, and $892000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 415.00 Mn |
| 10 | Independent Bank | 697.49 Mn | 522.58 Mn | - | 894,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 894,000.00 |
| Dec 31, 2025 | 897,000.00 |
| Sep 30, 2025 | 892,000.00 |
| Jun 30, 2025 | 793,000.00 |
| Mar 31, 2025 | 885,000.00 |
| Dec 31, 2024 | 928,000.00 |
| Sep 30, 2024 | 932,000.00 |
| Jun 30, 2024 | 948,000.00 |
| Mar 31, 2024 | 954,000.00 |
| Dec 31, 2023 | 974,000.00 |
| Sep 30, 2023 | 927,000.00 |
| Jun 30, 2023 | 929,000.00 |
| Mar 31, 2023 | 926,000.00 |
| Dec 31, 2022 | 933,000.00 |
| Sep 30, 2022 | 987,000.00 |
| Jun 30, 2022 | 1.04 Mn |
| Mar 31, 2022 | 1.05 Mn |
| Dec 31, 2021 | 1.06 Mn |
| Sep 30, 2021 | 1.08 Mn |
| Jun 30, 2021 | 1.03 Mn |
| Mar 31, 2021 | 1.00 Mn |
| Dec 31, 2020 | 964,000.00 |
| Sep 30, 2020 | 999,000.00 |
| Jun 30, 2020 | 1.09 Mn |
| Mar 31, 2020 | 1.04 Mn |
| Dec 31, 2019 | 1.06 Mn |
| Sep 30, 2019 | 1.02 Mn |
| Jun 30, 2019 | 1.01 Mn |
| Mar 31, 2019 | 1.03 Mn |
| Dec 31, 2018 | 1.05 Mn |
| Sep 30, 2018 | 1.04 Mn |
| Jun 30, 2018 | 1.02 Mn |
| Mar 31, 2018 | 967,000.00 |
| Dec 31, 2017 | 927,000.00 |
| Sep 30, 2017 | 961,000.00 |
| Jun 30, 2017 | 1.01 Mn |
| Mar 31, 2017 | 977,000.00 |
| Dec 31, 2016 | 973,000.00 |
| Sep 30, 2016 | 990,000.00 |
| Jun 30, 2016 | 965,000.00 |
| Mar 31, 2016 | 984,000.00 |
| Dec 31, 2015 | 977,000.00 |
| Sep 30, 2015 | 998,000.00 |
| Jun 30, 2015 | 965,000.00 |
| Mar 31, 2015 | 952,000.00 |
| Dec 31, 2014 | 1.01 Mn |
| Sep 30, 2014 | 1.01 Mn |
| Jun 30, 2014 | 1.05 Mn |
| Mar 31, 2014 | 1.07 Mn |
| Dec 31, 2013 | 1.12 Mn |
| Sep 30, 2013 | 1.05 Mn |
| Jun 30, 2013 | 1.09 Mn |
| Mar 31, 2013 | 1.03 Mn |
| Dec 31, 2012 | 1.15 Mn |
| Sep 30, 2012 | 1.08 Mn |
| Jun 30, 2012 | 1.21 Mn |
| Mar 31, 2012 | 1.20 Mn |
| Dec 31, 2011 | 941,000.00 |
| Sep 30, 2011 | 1.31 Mn |
| Jun 30, 2011 | 1.50 Mn |
| Mar 31, 2011 | 1.42 Mn |