Independent Bank (INDB) Deferred Taxes (2010 - 2026)

Independent Bank's Deferred Taxes history runs 17 years deep, the most recent figure standing at $1.3 million for Q1 2026.

• In Q1 2026, Deferred Taxes rose 30.36% year-over-year to $1.3 million; the TTM figure through Mar 2026 stood at -$3.0 million (up 75.56% YoY), while the FY2025 annual figure was -$3.3 million, up 69.03% from the prior year.
• Deferred Taxes was $1.3 million for Q1 2026 at Independent Bank, up from -$3.2 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $2.7 million in Q4 2023 to a low of -$15.7 million in Q4 2024.
• Historically, Deferred Taxes has averaged -$651058.8 across 5 years, with a median of -$140000.0 in 2022.
• Biggest YoY gain for Deferred Taxes was 509.18% in 2024; the steepest drop was 676.22% in 2024.
• A 5-year view of Deferred Taxes shows it stood at -$1.5 million in 2022, then surged by 278.69% to $2.7 million in 2023, then plunged 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.
• The last three Deferred Taxes figures came in at $1.3 million (Q1 2026), -$3.2 million (Q4 2025), and -$549000.0 (Q3 2025), per Business Quant data.