Independent Bank (IBCP) Interest Expenses (2009 - 2026)
Independent Bank (IBCP) reported Interest Expenses of $19.3 million for Q1 2026, down 14.0% on a YoY basis from $22.5 million in Q1 2025, and down 8.93% sequentially from $21.2 million in Q4 2025.
Independent Bank (IBCP) Interest Expenses (2009 - 2026) Analysis & Trends
Independent Bank (IBCP) has 18 years of Interest Expenses data on file, last reported at $19.3 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 14.0% year-over-year to $19.3 million; the trailing twelve-month figure through Mar 2026 stood at $86.9 million (down 9.22% YoY), and the FY2025 full-year result was $90.9 million, down 12.52% from the prior year.
- Interest Expenses retreated to $19.3 million in Q1 2026, from $21.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $207.7 million in Q1 2023 to a low of $10.4 million in Q4 2022.
- A 5-year average of $52.2 million and a median of $25.2 million in 2023 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 1463.73% in 2022 and slumped 87.98% in 2024, its largest moves.
- Tracing IBCP's Interest Expenses over 5 years: stood at $10.4 million in 2022, then soared by 142.53% to $25.2 million in 2023, then decreased by 13.34% to $21.8 million in 2024, then dropped by 2.76% to $21.2 million in 2025, then decreased by 8.93% to $19.3 million in 2026.
- Business Quant data shows IBCP's Interest Expenses at $19.3 million in Q1 2026, $21.2 million in Q4 2025, and $23.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -275.78 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -2.77 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -227,416.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 19.98 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.30 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 2.53 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.92 Bn |
| 10 | Independent Bank | 776.91 Mn | 602.00 Mn | - | 19.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.31 Mn |
| Mar 31, 2026 | 19.31 Mn |
| Dec 31, 2025 | 21.21 Mn |
| Dec 31, 2025 | 21.21 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 | 21.81 Mn |
| Dec 31, 2024 | 21.81 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 |
| Dec 31, 2023 | 25.17 Mn |
| Dec 31, 2023 | 25.17 Mn |