Independent Bank (IBCP) Interest Expense - Deposits (2009 - 2026)
Independent Bank's (IBCP) quarterly Interest Expense - Deposits came in at $18.3 million in Q2 2026, down 10.46% year-over-year from $20.5 million in Q2 2025, and little changed quarter-over-quarter from $18.4 million in Q1 2026.
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Analysis
Independent Bank (IBCP) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Independent Bank has disclosed Interest Expense - Deposits across 18 years of filings, most recently posting $18.3 million for Q2 2026.
- In Q2 2026, Interest Expense - Deposits fell 10.46% year-over-year to $18.3 million; the TTM figure through Jun 2026 stood at $78.8 million (down 10.88% YoY), while the FY2025 annual figure was $83.5 million, down 9.92% from the prior year.
- Interest Expense - Deposits came in at $18.3 million for Q2 2026 at Independent Bank, roughly flat from $18.4 million in the prior quarter.
- In the past five years, Interest Expense - Deposits ranged from a high of $24.5 million in Q3 2024 to a low of $767000.0 in Q1 2022.
- Average Interest Expense - Deposits over 5 years is $16.8 million, with a median of $20.3 million recorded in 2025.
- Year-over-year, Interest Expense - Deposits slumped 38.93% in 2022 and jumped 1694.0% in 2023.
- Over 5 years, Interest Expense - Deposits stood at $8.5 million in 2022, then soared by 170.53% to $23.1 million in 2023, then fell by 2.44% to $22.5 million in 2024, then retreated by 10.81% to $20.1 million in 2025, then decreased by 8.89% to $18.3 million in 2026.
- Per Business Quant data, the three most recent Interest Expense - Deposits figures were $18.3 million in Q2 2026, $18.4 million in Q1 2026, and $20.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 385.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 600.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 881.00 Mn |
| 10 | Independent Bank | 746.43 Mn | 580.98 Mn | - | 18.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.32 Mn |
| Mar 31, 2026 | 18.40 Mn |
| Dec 31, 2025 | 20.11 Mn |
| Sep 30, 2025 | 21.97 Mn |
| Jun 30, 2025 | 20.46 Mn |
| Mar 31, 2025 | 20.96 Mn |
| Dec 31, 2024 | 22.55 Mn |
| Sep 30, 2024 | 24.46 Mn |
| Jun 30, 2024 | 22.88 Mn |
| Mar 31, 2024 | 22.81 Mn |
| Dec 31, 2023 | 23.11 Mn |
| Sep 30, 2023 | 20.74 Mn |
| Jun 30, 2023 | 17.46 Mn |
| Mar 31, 2023 | 13.76 Mn |
| Dec 31, 2022 | 8.54 Mn |
| Sep 30, 2022 | 3.63 Mn |
| Jun 30, 2022 | 1.22 Mn |
| Mar 31, 2022 | 767,000.00 |
| Dec 31, 2021 | 977,000.00 |
| Sep 30, 2021 | 1.09 Mn |
API Access
Independent Bank Interest Expense - Deposits 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-deposits&ticker=IBCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();