Independent Bank (INDB) Interest Coverage Ratio (2010 - 2026)

Independent Bank's (INDB) quarterly Interest Coverage Ratio came in at 2.34 in Q1 2026, up 38.46% year-on-year from 1.69 in Q1 2025, and up 321.53% quarter-over-quarter from 0.56 in Q4 2025.

Independent Bank (INDB) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Independent Bank's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 2.34 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 38.46% year-over-year to 2.34 in Q1 2026; TTM through Mar 2026 was 8.3, a 227.31% decrease from a year earlier, with the FY2025 full-year figure at 1.84, down 0.71% from the prior year.
  • Interest Coverage Ratio advanced to 2.34 in Q1 2026 per INDB's latest filing, from 0.56 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 26.2 in Q2 2022 and bottomed at 0.56 in Q4 2025.
  • The 5-year median for Interest Coverage Ratio is 2.14 (2023), against an average of 5.86.
  • Across the five-year window, Interest Coverage Ratio soared 885.7% in 2022 and tumbled 97.14% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 8.31 in 2022, then tumbled by 74.21% to 2.14 in 2023, then surged by 806.8% to 19.43 in 2024, then tumbled by 97.14% to 0.56 in 2025, then jumped by 321.53% to 2.34 in 2026.
  • Per Business Quant, the three latest INDB Interest Coverage Ratio figures stand at 2.34 (Q1 2026), 0.56 (Q4 2025), and 1.49 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 7,084.59
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -0.53
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -22.98
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 1.66
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 1.27
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 2.19
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 1.86
10 Independent Bank 4.15 Bn 4.10 Bn - 2.34

Historic Data

Download Data
DateValue
Mar 31, 2026 2.34
Dec 31, 2025 0.56
Sep 30, 2025 1.49
Jun 30, 2025 1.92
Mar 31, 2025 1.69
Dec 31, 2024 19.43
Sep 30, 2024 1.63
Jun 30, 2024 1.53
Mar 31, 2024 1.48
Dec 31, 2023 2.14
Sep 30, 2023 1.47
Jun 30, 2023 2.79
Mar 31, 2023 3.91
Dec 31, 2022 8.31
Sep 30, 2022 13.90
Jun 30, 2022 26.20
Mar 31, 2022 8.77
Dec 31, 2021 0.84
Sep 30, 2021 19.51
Jun 30, 2021 15.94