Independent Bank (IBCP) Interest Expense - Debt (2009 - 2026)
Independent Bank recorded quarterly Interest Expense - Debt of $917000.0 in Q1 2026, down 4.68% quarter-over-quarter from $962000.0 in Q4 2025, and down 39.03% year-over-year from $1.5 million in Q1 2025.
Independent Bank's Interest Expense - Debt history runs 18 years deep, the most recent figure standing at $917000.0 for Q1 2026.
- In Q1 2026, Interest Expense - Debt fell 39.03% year-over-year to $917000.0; the TTM figure through Mar 2026 stood at $5.6 million (down 21.91% YoY), while the FY2025 annual figure 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.
- 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 168.19% in 2022 and plunged 39.15% in 2025, its largest moves.
- Independent Bank's Interest Expense - Debt stood at $1.8 million in 2022, then grew by 16.69% to $2.1 million in 2023, then slipped by 26.09% to $1.6 million in 2024, then plunged by 39.15% to $962000.0 in 2025, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 277,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 748.00 Mn |
| 10 | Independent Bank | 697.49 Mn | 522.58 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 | -2.69 Mn |
| Sep 30, 2021 | 962,000.00 |
| Jun 30, 2021 | 964,000.00 |
| Mar 31, 2021 | 962,000.00 |
| Dec 31, 2020 | -2.10 Mn |
| Sep 30, 2020 | 1.01 Mn |
| Jun 30, 2020 | 904,000.00 |
| Mar 31, 2020 | 688,000.00 |
| Dec 31, 2019 | -1.51 Mn |
| Sep 30, 2019 | 703,000.00 |
| Jun 30, 2019 | 796,000.00 |
| Mar 31, 2019 | 712,000.00 |
| Dec 31, 2018 | 746,000.00 |
| Sep 30, 2018 | 779,000.00 |
| Jun 30, 2018 | 914,000.00 |
| Mar 31, 2018 | 574,000.00 |
| Dec 31, 2017 | -759,000.00 |
| Sep 30, 2017 | 626,000.00 |
| Jun 30, 2017 | 563,000.00 |
| Mar 31, 2017 | 470,000.00 |
| Dec 31, 2016 | 486,000.00 |
| Sep 30, 2016 | 493,000.00 |
| Jun 30, 2016 | 485,000.00 |
| Mar 31, 2016 | 477,000.00 |
| Dec 31, 2015 | 465,000.00 |
| Sep 30, 2015 | 465,000.00 |
| Jun 30, 2015 | 463,000.00 |
| Mar 31, 2015 | 454,000.00 |
| Dec 31, 2014 | -820,000.00 |
| Sep 30, 2014 | 649,000.00 |
| Jun 30, 2014 | 559,000.00 |
| Mar 31, 2014 | 512,000.00 |
| Dec 31, 2013 | 831,000.00 |
| Sep 30, 2013 | 884,000.00 |
| Jun 30, 2013 | 876,000.00 |
| Mar 31, 2013 | 865,000.00 |
| Dec 31, 2012 | -2.15 Mn |
| Sep 30, 2012 | 1.06 Mn |
| Jun 30, 2012 | 1.12 Mn |
| Mar 31, 2012 | 1.17 Mn |
| Dec 31, 2011 | 1.20 Mn |
| Sep 30, 2011 | 1.18 Mn |
| Jun 30, 2011 | 1.23 Mn |
| Mar 31, 2011 | 1.32 Mn |
| Dec 31, 2010 | 9.03 Mn |
| Sep 30, 2010 | 1.97 Mn |
| Jun 30, 2010 | 2.41 Mn |
| Dec 31, 2009 | 15.13 Mn |