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| Date | Value |
|---|---|
| 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 |