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| Date | Value |
|---|---|
| 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 |