Independent Bank (IBCP) Interest Expenses (2011 - 2026)
Independent Bank's (IBCP) quarterly Interest Expenses came in at $19.4 million in Q2 2026, down 12.9% year-over-year from $22.3 million in Q2 2025, and little changed quarter-over-quarter from $19.3 million in Q1 2026.
Independent Bank (IBCP) Interest Expenses (2011 - 2026) Analysis & Trends
Independent Bank has disclosed Interest Expenses across 16 years of filings, most recently posting $19.4 million for Q2 2026.
- In Q2 2026, Interest Expenses fell 12.9% year-over-year to $19.4 million; the TTM figure through Jun 2026 stood at $83.7 million (down 12.19% YoY), while the FY2025 annual figure was $89.7 million, down 10.75% from the prior year.
- Interest Expenses came in at $19.4 million for Q2 2026 at Independent Bank, roughly flat from $19.3 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 -$7.0 million in Q4 2022.
- Average Interest Expenses over 5 years is $17.5 million, with a median of $21.7 million recorded in 2025.
- Year-over-year, Interest Expenses slumped 460.86% in 2022 and soared 790.52% in 2023.
- Over 5 years, Interest Expenses stood at -$7.0 million in 2022, then jumped by 460.87% 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 declined by 7.97% to $19.4 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $19.4 million in Q2 2026, $19.3 million in Q1 2026, and $21.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 2.35 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 1.16 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 828.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.33 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 912.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 471.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 809.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.20 Bn |
| 10 | Independent Bank | 746.43 Mn | 580.98 Mn | - | 19.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.39 Mn |
| Mar 31, 2026 | 19.31 Mn |
| Dec 31, 2025 | 21.07 Mn |
| Sep 30, 2025 | 23.93 Mn |
| Jun 30, 2025 | 22.26 Mn |
| Mar 31, 2025 | 22.46 Mn |
| Dec 31, 2024 | 24.13 Mn |
| Sep 30, 2024 | 26.48 Mn |
| Jun 30, 2024 | 24.99 Mn |
| Mar 31, 2024 | 24.93 Mn |
| Dec 31, 2023 | 25.25 Mn |
| Sep 30, 2023 | 23.01 Mn |
| Jun 30, 2023 | 19.60 Mn |
| Mar 31, 2023 | 15.50 Mn |
| Dec 31, 2022 | -7.00 Mn |
| Sep 30, 2022 | 5.03 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 1.74 Mn |
| Dec 31, 2021 | 1.94 Mn |
| Sep 30, 2021 | 2.05 Mn |
Independent Bank Interest Expenses 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-expenses&ticker=IBCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=IBCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();