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

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

• In Q1 2026, Interest Coverage Ratio rose 25.79% year-over-year to 2.34; the TTM figure through Mar 2026 stood at 1.95 (up 5.91% YoY), while the FY2025 annual figure was 1.84, down 0.71% from the prior year.
• Interest Coverage Ratio was 2.34 for Q1 2026 at Independent Bank, up from 2.11 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 26.2 in Q2 2022 to a low of 1.49 in Q3 2025.
• Historically, Interest Coverage Ratio has averaged 5.82 across 5 years, with a median of 2.14 in 2023.
• The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio soared 999.22% in 2022, then plunged 89.34% in 2023.
• A 5-year view of Interest Coverage Ratio shows it stood at 7.36 in 2022, then slumped by 70.88% to 2.14 in 2023, then retreated by 12.33% to 1.88 in 2024, then gained by 12.6% to 2.11 in 2025, then climbed by 10.68% to 2.34 in 2026.
• The last three Interest Coverage Ratio figures came in at 2.34 (Q1 2026), 2.11 (Q4 2025), and 1.49 (Q3 2025), per Business Quant data.