Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026)
Independent Bank (IBCP) reported Interest Expense - Debt of $917000.0 for Q1 2026, down 39.03% on a YoY basis from $1.5 million in Q1 2025, and down 4.68% sequentially from $962000.0 in Q4 2025.
Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Independent Bank (IBCP) has 18 years of Interest Expense - Debt data on file, last reported at $917000.0 in Q1 2026.
- For the quarter ending Q1 2026, Interest Expense - Debt fell 39.03% year-over-year to $917000.0; the trailing twelve-month figure through Mar 2026 stood at $5.6 million (down 21.91% YoY), and the FY2025 full-year result was $6.2 million, down 20.55% from the prior year.
- Interest Expense - Debt retreated to $917000.0 in Q1 2026, from $962000.0 in the prior quarter.
- In the past five years, Interest Expense - Debt ranged from a high of $2.3 million in Q3 2023 to a low of $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.
- Across the five-year window, Interest Expense - Debt surged 96.6% in 2023 and tumbled 39.15% in 2025, its largest moves.
- Tracing IBCP's Interest Expense - Debt over 5 years: stood at $1.8 million in 2022, then advanced by 16.69% to $2.1 million in 2023, then retreated by 26.09% to $1.6 million in 2024, then slumped by 39.15% to $962000.0 in 2025, then fell by 4.68% to $917000.0 in 2026.
- Business Quant data shows IBCP's Interest Expense - Debt at $917000.0 in Q1 2026, $962000.0 in Q4 2025, and $2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | - |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 277,000.00 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 748.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 645.00 Mn |
| 10 | Independent Bank | 776.91 Mn | 602.00 Mn | - | 917,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 964,000.00 |