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
DateValue
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