Independent Bank (IBCP) Interest Expenses (2011 - 2026)

Independent Bank has disclosed Interest Expenses across 16 years of filings, most recently posting $19.3 million for Q1 2026.

• Interest Expenses for Q1 2026 came in at $19.3 million, down 14.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $86.6 million (down 11.71% YoY), and the FY2025 annual result was $89.7 million, down 10.75% from the prior year.
• Interest Expenses came in at $19.3 million for Q1 2026 at Independent Bank, down from $21.1 million in the prior quarter.
• In the past five years, Interest Expenses ranged from a high of $26.5 million in Q3 2024 to a low of $1.7 million in Q1 2022.
• The 5-year median for Interest Expenses is $22.3 million (2025), against an average of $18.4 million.
• Across the five-year window, Interest Expenses declined 21.55% in 2022 and surged 790.52% in 2023, its largest moves.
• Independent Bank's Interest Expenses stood at $10.4 million in 2022, then soared by 143.35% to $25.2 million in 2023, then decreased by 4.45% to $24.1 million in 2024, then slipped by 12.67% to $21.1 million in 2025, then dropped by 8.34% to $19.3 million in 2026.
• The last three Interest Expenses figures came in at $19.3 million (Q1 2026), $21.1 million (Q4 2025), and $23.9 million (Q3 2025), per Business Quant data.