Independent Bank (INDB) Deferred Taxes (2010 - 2026)
Independent Bank's 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 has reported Deferred Taxes for 17 years, with the latest figure at $1.3 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes rose 30.36% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2026 stood at -$3.0 million (up 75.56% YoY), and the FY2025 full-year result 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.
- Average Deferred Taxes over 5 years is -$651058.8, with a median of -$140000.0 recorded in 2022.
- Peak annual rise in Deferred Taxes reached 509.18% in 2024, while the deepest fall reached 676.22% in 2024.
- Tracing INDB's Deferred Taxes over 5 years: stood at -$1.5 million in 2022, then soared by 278.69% to $2.7 million in 2023, then tumbled by 676.22% to -$15.7 million in 2024, then surged by 79.74% to -$3.2 million in 2025, then surged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | 3,357.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 671,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | -162,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | -102.00 Mn |
| 10 | Independent Bank | 3.86 Bn | 3.77 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 |
| Mar 31, 2021 | 567,000.00 |
| Dec 31, 2020 | -20.31 Mn |
| Sep 30, 2020 | -243,000.00 |
| Jun 30, 2020 | -63,000.00 |
| Mar 31, 2020 | 3.11 Mn |
| Dec 31, 2019 | 10.42 Mn |
| Sep 30, 2019 | -228,000.00 |
| Jun 30, 2019 | -140,000.00 |
| Mar 31, 2019 | 539,000.00 |
| Dec 31, 2018 | -4.67 Mn |
| Sep 30, 2018 | -107,000.00 |
| Jun 30, 2018 | -76,000.00 |
| Mar 31, 2018 | 359,000.00 |
| Dec 31, 2017 | 8.77 Mn |
| Sep 30, 2017 | -199,000.00 |
| Jun 30, 2017 | -67,000.00 |
| Mar 31, 2017 | 709,000.00 |
| Dec 31, 2016 | -319,000.00 |
| Sep 30, 2016 | -101,000.00 |
| Jun 30, 2016 | -47,000.00 |
| Mar 31, 2016 | 462,000.00 |
| Dec 31, 2015 | 4.85 Mn |
| Jun 30, 2015 | 4.73 Mn |
| Mar 31, 2015 | 639,000.00 |
| Dec 31, 2014 | 2.38 Mn |
| Sep 30, 2014 | -104,000.00 |
| Jun 30, 2014 | 92,000.00 |
| Mar 31, 2014 | 471,000.00 |
| Dec 31, 2013 | 2.55 Mn |
| Jun 30, 2013 | 3,000.00 |
| Mar 31, 2013 | 2,000.00 |
| Dec 31, 2012 | -1.89 Mn |
| Sep 30, 2012 | -9,000.00 |
| Jun 30, 2012 | -10,000.00 |
| Mar 31, 2012 | -9,000.00 |
| Dec 31, 2011 | 123,000.00 |
| Sep 30, 2011 | -11,000.00 |
| Jun 30, 2011 | -10,000.00 |
| Mar 31, 2011 | -11,000.00 |
| Dec 31, 2010 | -2.49 Mn |
| Sep 30, 2010 | -8,000.00 |