Independent Bank (INDB) Deferred Taxes (2010 - 2026)
Independent Bank (INDB) posted quarterly Deferred Taxes of $1.3 million for Q1 2026, up 30.36% year-over-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.
- 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 for Q1 2026 stood at $1.3 million, up from -$3.2 million in the prior quarter.
- The five-year high for Deferred Taxes was $2.7 million in Q4 2023, with the low at -$15.7 million in Q4 2024.
- The 5-year median for Deferred Taxes is -$140000.0 (2022), against an average of -$651058.8.
- Peak annual rise in Deferred Taxes reached 509.18% in 2024, while the deepest fall reached 676.22% in 2024.
- Independent Bank's Deferred Taxes stood at -$1.5 million in 2022, then jumped by 278.69% to $2.7 million in 2023, then tumbled by 676.22% to -$15.7 million in 2024, then soared by 79.74% to -$3.2 million in 2025, then soared by 141.84% to $1.3 million in 2026.
- Business Quant data shows INDB's Deferred Taxes at $1.3 million in Q1 2026, -$3.2 million in Q4 2025, and -$549000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Independent Bank | 4.01 Bn | 3.93 Bn | - | -640,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -640,000.00 |
| 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 |