Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026)
Independent Bank's (IBCP) quarterly Interest Expense - Debt came in at $1.1 million in Q2 2026, down 40.59% year-over-year from $1.8 million in Q2 2025, and up 16.68% quarter-over-quarter from $917000.0 in Q1 2026.
Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Independent Bank has disclosed Interest Expense - Debt across 18 years of filings, most recently posting $1.1 million for Q2 2026.
- In Q2 2026, Interest Expense - Debt fell 40.59% year-over-year to $1.1 million; the TTM figure through Jun 2026 stood at $4.9 million (down 28.94% YoY), while the FY2025 annual figure was $6.2 million, down 20.55% from the prior year.
- Interest Expense - Debt came in at $1.1 million for Q2 2026 at Independent Bank, up from $917000.0 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.
- Average Interest Expense - Debt over 5 years is $1.6 million, with a median of $1.8 million recorded in 2023.
- Year-over-year, Interest Expense - Debt soared 96.6% in 2023 and tumbled 40.59% in 2026.
- Over 5 years, Interest Expense - Debt stood at $1.8 million in 2022, then climbed by 16.69% to $2.1 million in 2023, then decreased by 26.09% to $1.6 million in 2024, then tumbled by 39.15% to $962000.0 in 2025, then gained by 11.23% to $1.1 million in 2026.
- Per Business Quant data, the three most recent Interest Expense - Debt figures were $1.1 million in Q2 2026, $917000.0 in Q1 2026, and $962000.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 52.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 155.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 314.00 Mn |
| 10 | Independent Bank | 746.43 Mn | 580.98 Mn | - | 1.07 Mn |
Historic 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 |
Independent Bank Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "IBCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();