Independent Bank (IBCP) Interest Expense - Debt (2010 - 2026)
Independent Bank (IBCP) posted Interest Expense - Debt of $1.07 million for Q2 2026, down 40.6% from $1.8 million a year earlier but up 16.7% from the prior quarter.
Powered by 
Analysis
Independent Bank (IBCP) Interest Expense - Debt (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Debt at Independent Bank was $4.91 million, down 28.9% year-over-year; for FY2025, it came in at $7.02 million, down 28.6% from FY2024.
- Annual Interest Expense - Debt shows a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- In prior years, Independent Bank's Interest Expense - Debt was $9.83 million in FY2024 (-7.9%), $10.67 million in FY2023 (+94.2%), $5.5 million in FY2022 (+35.7%) and $4.05 million in FY2021 (unchanged).
- Quarterly Interest Expense - Debt has run from a low of $917,000 in Q1 2026 to a high of $2.26 million in Q3 2023 over five years.
- On a year-over-year basis, Interest Expense - Debt has declined in each of the last nine quarters, with an average decline of 25.3% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expense - Debt in the past five years was Q2 2023, with growth of 96.6%; the weakest was Q2 2026, with a decline of 40.6%.
- According to Business Quant data, Interest Expense - Debt for the three prior quarters was $917,000 (Q1 2026), $962,000 (Q4 2025) and $1.96 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 4.66 Bn |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 3.08 Bn |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | 3.46 Bn |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 3.05 Bn |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 2.43 Bn |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | Independent Bank | 811.51 Mn | 150.94 Mn | - | 769,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 769,000.00 |
| 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 |
API Access
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_KEYimport 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();