Independent Bank (INDB) Interest Expense - Debt (2010 - 2026)

Independent Bank has reported Interest Expense - Debt for 17 years, with the latest figure at $10.9 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Debt rose 55.77% year-over-year to $10.9 million; the trailing twelve-month figure through Mar 2026 stood at $25.2 million (down 27.52% YoY), and the FY2025 full-year result was $21.3 million, down 51.66% from the prior year.
• Interest Expense - Debt for Q1 2026 stood at $10.9 million, up from -$7.2 million in the prior quarter.
• The five-year high for Interest Expense - Debt was $16.3 million in Q1 2024, with the low at -$25.0 million in Q4 2023.
• Average Interest Expense - Debt over 5 years is $4.5 million, with a median of $7.0 million recorded in 2025.
• Peak annual rise in Interest Expense - Debt reached 1137.01% in 2023, while the deepest fall reached 2359.48% in 2023.
• Tracing INDB's Interest Expense - Debt over 5 years: stood at $1.1 million in 2022, then tumbled by 2359.48% to -$25.0 million in 2023, then surged by 129.84% to $7.5 million in 2024, then tumbled by 196.4% to -$7.2 million in 2025, then surged by 250.94% to $10.9 million in 2026.
• The last three Interest Expense - Debt figures came in at $10.9 million (Q1 2026), -$7.2 million (Q4 2025), and $10.7 million (Q3 2025), per Business Quant data.

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