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

Independent Bank's Interest Expenses history runs 16 years deep, the most recent figure standing at $19.3 million for Q1 2026.

• In Q1 2026, Interest Expenses fell 14.0% year-over-year to $19.3 million; the TTM figure through Mar 2026 stood at $86.6 million (down 11.71% YoY), while the FY2025 annual figure 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.
• A 5-year average of $18.4 million and a median of $22.3 million in 2025 frame the typical range for Interest Expenses.
• Across the five-year window, Interest Expenses fell 21.55% in 2022 and soared 790.52% in 2023, its largest moves.
• Independent Bank's Interest Expenses stood at $10.4 million in 2022, then jumped by 143.35% to $25.2 million in 2023, then slipped by 4.45% to $24.1 million in 2024, then dropped by 12.67% to $21.1 million in 2025, then declined 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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