Independent Bank (IBCP) Interest Expenses (2009 - 2026)
Independent Bank (IBCP) posted Interest Expenses of $19.3 million for Q1 2026, down 8.34% sequentially from $21.1 million in Q4 2025, and down 14.0% YoY from $22.5 million in Q1 2025.
Independent Bank (IBCP) Interest Expenses (2009 - 2026) Analysis & Trends
Independent Bank has reported Interest Expenses for 18 years, with the latest figure at $19.3 million in Q1 2026.
- Quarterly Interest Expenses fell 14.0% year-over-year to $19.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $86.8 million (down 11.51% YoY) and the FY2025 annual result came in at $90.9 million, down 12.52% from the prior year.
- Interest Expenses retreated to $19.3 million in Q1 2026 per IBCP's latest filing, from $21.1 million in the prior quarter.
- Over five years, Interest Expenses peaked at $207.7 million in Q1 2023 and troughed at $9.5 million in Q4 2022.
- A 5-year average of $52.6 million and a median of $26.5 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses soared 1463.73% in 2022, then plunged 87.98% in 2024.
- Over 5 years, Interest Expenses stood at $9.5 million in 2022, then soared by 208.08% to $29.4 million in 2023, then fell by 17.97% to $24.1 million in 2024, then declined by 12.67% to $21.1 million in 2025, then fell by 8.34% to $19.3 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $19.3 million, $21.1 million, and $23.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | Independent Bank | 764.20 Mn | 598.75 Mn | - | 19.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.08 Mn |
| Jun 30, 2026 | 49.08 Mn |
| Mar 31, 2026 | 19.31 Mn |
| Mar 31, 2026 | 19.31 Mn |
| Dec 31, 2025 | 21.07 Mn |
| Dec 31, 2025 | 21.07 Mn |
| Sep 30, 2025 | 23.93 Mn |
| Sep 30, 2025 | 23.93 Mn |
| Jun 30, 2025 | 65.94 Mn |
| Jun 30, 2025 | 65.94 Mn |
| Mar 31, 2025 | 22.46 Mn |
| Mar 31, 2025 | 22.46 Mn |
| Dec 31, 2024 | 24.13 Mn |
| Dec 31, 2024 | 24.13 Mn |
| Sep 30, 2024 | 26.48 Mn |
| Sep 30, 2024 | 26.48 Mn |
| Jun 30, 2024 | 24.99 Mn |
| Jun 30, 2024 | 24.99 Mn |
| Mar 31, 2024 | 24.96 Mn |
| Mar 31, 2024 | 24.96 Mn |