Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026)
Independent Bank's (IBCP) quarterly Interest Expense - Debt came in at $917000.0 in Q1 2026, down 39.03% year-on-year from $1.5 million in Q1 2025, and down 4.68% quarter-over-quarter from $962000.0 in Q4 2025.
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 $917000.0 for Q1 2026.
- Interest Expense - Debt for Q1 2026 came in at $917000.0, down 39.03% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.6 million (down 21.91% YoY), and the FY2025 annual result was $6.2 million, down 20.55% from the prior year.
- Interest Expense - Debt came in at $917000.0 for Q1 2026 at Independent Bank, down 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.
- The 5-year median for Interest Expense - Debt is $1.8 million (2025), against an average of $1.7 million.
- Across the five-year window, Interest Expense - Debt surged 96.6% in 2023 and sank 39.15% in 2025, its largest moves.
- Independent Bank's 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 sank by 39.15% to $962000.0 in 2025, then retreated by 4.68% to $917000.0 in 2026.
- The last three Interest Expense - Debt figures came in at $917000.0 (Q1 2026), $962000.0 (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 277,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 32.51 Bn |
| 10 | Independent Bank | 728.97 Mn | 554.06 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 |