Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026)
Independent Bank (IBCP) posted Interest Expense - Debt of $917000.0 for Q1 2026, down 4.68% sequentially from $962000.0 in Q4 2025, and down 39.03% YoY from $1.5 million in Q1 2025.
Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Independent Bank has reported Interest Expense - Debt for 18 years, with the latest figure at $917000.0 in Q1 2026.
- Quarterly Interest Expense - Debt fell 39.03% year-over-year to $917000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.6 million (down 21.91% YoY) and the FY2025 annual result came in at $6.2 million, down 20.55% from the prior year.
- Interest Expense - Debt retreated to $917000.0 in Q1 2026 per IBCP's latest filing, from $962000.0 in the prior quarter.
- Over five years, Interest Expense - Debt peaked at $2.3 million in Q3 2023 and troughed at $917000.0 in Q1 2026.
- A 5-year average of $1.7 million and a median of $1.8 million in 2025 frame the typical range for Interest Expense - Debt.
- The sharpest annual moves came in 2023 and 2025: Interest Expense - Debt jumped 96.6% in 2023, then sank 39.15% in 2025.
- Over 5 years, Interest Expense - Debt stood at $1.8 million in 2022, then increased by 16.69% to $2.1 million in 2023, then dropped by 26.09% to $1.6 million in 2024, then sank by 39.15% to $962000.0 in 2025, then slipped by 4.68% to $917000.0 in 2026.
- According to Business Quant data, Interest Expense - Debt over the past three periods registered $917000.0, $962000.0, and $2.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 658.00 Mn |
| 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 | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 228.00 Mn |
| 10 | Independent Bank | 764.20 Mn | 598.75 Mn | - | 1.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.07 Mn |
| Mar 31, 2026 | 917,000.00 |
| Dec 31, 2025 | 962,000.00 |
| Sep 30, 2025 | 1.96 Mn |
| Jun 30, 2025 | 1.80 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Dec 31, 2024 | 1.58 Mn |
| Sep 30, 2024 | 2.02 Mn |
| Jun 30, 2024 | 2.12 Mn |
| Mar 31, 2024 | 2.12 Mn |
| Dec 31, 2023 | 2.14 Mn |
| Sep 30, 2023 | 2.26 Mn |
| Jun 30, 2023 | 2.14 Mn |
| Mar 31, 2023 | 1.74 Mn |
| Dec 31, 2022 | 1.83 Mn |
| Sep 30, 2022 | 1.40 Mn |
| Jun 30, 2022 | 1.09 Mn |
| Mar 31, 2022 | 973,000.00 |
| Dec 31, 2021 | 962,000.00 |
| Sep 30, 2021 | 962,000.00 |