Independent Bank INDB
NASDAQ INDB
$82.31 -0.23 (-0.28%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Independent Bank (INDB) posted Deferred Taxes of -$640000.0 for Q2 2026, down 148.08% on a QoQ basis from $1.3 million in Q1 2026, and down 11.5% year-over-year from -$723149.6 in Q2 2025.

Analysis

Independent Bank (INDB) Deferred Taxes (2010 - 2026) Analysis & Trends

Independent Bank has reported Deferred Taxes for 17 years, with the latest figure at -$640000.0 in Q2 2026.

  • On a quarterly basis, Deferred Taxes fell 11.5% year-over-year to -$640000.0 in Q2 2026; TTM through Jun 2026 was -$3.0 million, a 78.27% increase from a year earlier, with the FY2025 full-year figure at -$3.3 million, up 69.03% from the prior year.
  • Deferred Taxes was -$640000.0 for Q2 2026 at Independent Bank, down from $1.3 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 -$650444.4, with a median of -$186000.0 recorded in 2022.
  • The largest YoY upside for Deferred Taxes was 509.18% in 2024 against a maximum downside of 676.22% in 2024.
  • Over 5 years, Deferred Taxes 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 79.88% to -$640000.0 in 2026.
  • The last three Deferred Taxes figures came in at -$640000.0 (Q2 2026), $1.3 million (Q1 2026), and -$3.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Banco Santander Chile 448.38 Bn 568.32 Bn - -
2 Truist Financial 63.10 Bn 63.10 Bn - -
3 Fifth Third Bancorp 49.74 Bn 26.02 Bn - -
4 M&T Bank 34.66 Bn 34.66 Bn - 16.00 Mn
5 Huntington Bancshares 34.41 Bn 29.92 Bn - -120.00 Mn
6 Citizens Financial 29.91 Bn 29.91 Bn - -58.00 Mn
7 Regions Financial 25.92 Bn 25.99 Bn - -157.00 Mn
8 Keycorp 23.68 Bn -24.02 Bn - 2.00 Mn
9 First Citizens Bancshares 22.94 Bn 22.41 Bn 29.00 Mn 71.00 Mn
10 Independent Bank 4.00 Bn 3.91 Bn - -640,000.00
Historic Data

Historic Data

Download Data
DateValue
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