Independent Bank (INDB) Deferred Taxes (2010 - 2026)
Independent Bank's (INDB) quarterly Deferred Taxes came in at $1.3 million in Q1 2026, up 30.36% year-on-year from $1.0 million in Q1 2025, and up 141.84% quarter-over-quarter from -$3.2 million in Q4 2025.
Independent Bank (INDB) Deferred Taxes (2010 - 2026) Analysis & Trends
Independent Bank's Deferred Taxes history runs 17 years deep, the most recent figure standing at $1.3 million for Q1 2026.
- On a quarterly basis, Deferred Taxes rose 30.36% year-over-year to $1.3 million in Q1 2026; TTM through Mar 2026 was -$3.0 million, a 75.56% increase from a year earlier, with the FY2025 full-year figure at -$3.3 million, up 69.03% from the prior year.
- Deferred Taxes climbed to $1.3 million in Q1 2026 per INDB's latest filing, from -$3.2 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $2.7 million in Q4 2023 and bottomed at -$15.7 million in Q4 2024.
- The 5-year median for Deferred Taxes is -$140000.0 (2022), against an average of -$651058.8.
- Biggest YoY gain for Deferred Taxes was 509.18% in 2024; the steepest drop was 676.22% in 2024.
- Year by year, Deferred Taxes stood at -$1.5 million in 2022, then surged by 278.69% to $2.7 million in 2023, then slumped by 676.22% to -$15.7 million in 2024, then jumped by 79.74% to -$3.2 million in 2025, then jumped by 141.84% to $1.3 million in 2026.
- Per Business Quant, the three latest INDB Deferred Taxes figures stand at $1.3 million (Q1 2026), -$3.2 million (Q4 2025), and -$549000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -424,226.09 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 17.42 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 346,782.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 671,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | -162,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | -102.00 Mn |
| 10 | Independent Bank | 4.15 Bn | 4.10 Bn | - | 1.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.33 Mn |
| Dec 31, 2025 | -3.18 Mn |
| Sep 30, 2025 | -549,000.00 |
| Jun 30, 2025 | -574,000.00 |
| Mar 31, 2025 | 1.02 Mn |
| Dec 31, 2024 | -15.70 Mn |
| Sep 30, 2024 | 1.27 Mn |
| Jun 30, 2024 | 1.25 Mn |
| Mar 31, 2024 | 2.58 Mn |
| Dec 31, 2023 | 2.73 Mn |
| Sep 30, 2023 | -326,000.00 |
| Jun 30, 2023 | -305,000.00 |
| Mar 31, 2023 | 644,000.00 |
| Dec 31, 2022 | -1.53 Mn |
| Sep 30, 2022 | -232,000.00 |
| Jun 30, 2022 | -140,000.00 |
| Mar 31, 2022 | 643,000.00 |
| Dec 31, 2021 | 2.82 Mn |
| Sep 30, 2021 | -198,000.00 |
| Jun 30, 2021 | -98,000.00 |