Independent Bank (INDB) Change in Inventory (2010 - 2026)

Independent Bank's (INDB) quarterly Change in Inventory came in at $23.6 million in Q1 2026, down 10.52% year-on-year from $26.4 million in Q1 2025, and down 70.4% quarter-over-quarter from $79.9 million in Q4 2025.

Independent Bank (INDB) Change in Inventory (2010 - 2026) Analysis & Trends

Independent Bank's Change in Inventory history runs 16 years deep, the most recent figure standing at $23.6 million for Q1 2026.

  • On a quarterly basis, Change in Inventory fell 10.52% year-over-year to $23.6 million in Q1 2026; TTM through Mar 2026 was $158.4 million, a 4.03% decrease from a year earlier, with the FY2025 full-year figure at $161.2 million, up 16.45% from the prior year.
  • Change in Inventory slipped to $23.6 million in Q1 2026 per INDB's latest filing, from $79.9 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $166.9 million in Q4 2022 and bottomed at -$51.2 million in Q2 2022.
  • The 5-year median for Change in Inventory is $26.4 million (2025), against an average of $37.1 million.
  • Across the five-year window, Change in Inventory plunged 30191.18% in 2022 and surged 115361.62% in 2023, its largest moves.
  • Year by year, Change in Inventory stood at $166.9 million in 2022, then slumped by 84.31% to $26.2 million in 2023, then surged by 123.58% to $58.6 million in 2024, then jumped by 36.38% to $79.9 million in 2025, then tumbled by 70.4% to $23.6 million in 2026.
  • Per Business Quant, the three latest INDB Change in Inventory figures stand at $23.6 million (Q1 2026), $79.9 million (Q4 2025), and $80.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 122.09 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -105.00 Mn
10 Independent Bank 4.15 Bn 4.10 Bn - 23.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.64 Mn
Mar 31, 2026 23.64 Mn
Dec 31, 2025 79.86 Mn
Dec 31, 2025 79.86 Mn
Sep 30, 2025 80.75 Mn
Sep 30, 2025 80.75 Mn
Jun 30, 2025 -25.86 Mn
Jun 30, 2025 -25.86 Mn
Mar 31, 2025 26.42 Mn
Mar 31, 2025 26.42 Mn
Dec 31, 2024 58.56 Mn
Dec 31, 2024 58.56 Mn
Sep 30, 2024 80.45 Mn
Sep 30, 2024 80.45 Mn
Jun 30, 2024 -375,000.00
Jun 30, 2024 -375,000.00
Mar 31, 2024 -228,000.00
Mar 31, 2024 -228,000.00
Dec 31, 2023 26.19 Mn
Dec 31, 2023 26.19 Mn