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
DateValue
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