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

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

Independent Bank (INDB) posted Interest Expense - Debt of $10.7 million for Q2 2026, down 1.35% on a QoQ basis from $10.9 million in Q1 2026, and down 1.19% year-over-year from $10.9 million in Q2 2025.

Analysis

Independent Bank (INDB) Interest Expense - Debt (2010 - 2026) Analysis & Trends

Independent Bank has reported Interest Expense - Debt for 17 years, with the latest figure at $10.7 million in Q2 2026.

  • On a quarterly basis, Interest Expense - Debt fell 1.19% year-over-year to $10.7 million in Q2 2026; TTM through Jun 2026 was $42.9 million, a 29.56% increase from a year earlier, with the FY2025 full-year figure at $39.2 million, down 11.1% from the prior year.
  • Interest Expense - Debt was $10.7 million for Q2 2026 at Independent Bank, down from $10.9 million in the prior quarter.
  • The five-year high for Interest Expense - Debt was $16.3 million in Q1 2024, with the low at $1.1 million in Q1 2022.
  • Average Interest Expense - Debt over 5 years is $8.6 million, with a median of $10.7 million recorded in 2025.
  • The sharpest annual moves came in 2023 and 2025: Interest Expense - Debt jumped 1137.01% in 2023, then plunged 57.15% in 2025.
  • Over 5 years, Interest Expense - Debt stood at $1.4 million in 2022, then jumped by 772.01% to $12.6 million in 2023, then sank by 40.79% to $7.5 million in 2024, then soared by 42.83% to $10.7 million in 2025, then rose by 0.5% to $10.7 million in 2026.
  • The last three Interest Expense - Debt figures came in at $10.7 million (Q2 2026), $10.9 million (Q1 2026), and $10.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn - -
2 Truist Financial 61.46 Bn 61.46 Bn - 485.00 Mn
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn - 228.00 Mn
4 M&T Bank 34.72 Bn 34.72 Bn - 170.00 Mn
5 Huntington Bancshares 33.60 Bn 29.07 Bn - 18.00 Mn
6 Citizens Financial 29.31 Bn 29.31 Bn - 156.00 Mn
7 Regions Financial 25.53 Bn 25.53 Bn - 52.00 Mn
8 First Citizens Bancshares 24.60 Bn 24.07 Bn 29.00 Mn 314.00 Mn
9 Keycorp 23.26 Bn -24.44 Bn - 155.00 Mn
10 Independent Bank 3.95 Bn 3.86 Bn - 10.72 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.72 Mn
Mar 31, 2026 10.87 Mn
Dec 31, 2025 10.67 Mn
Sep 30, 2025 10.67 Mn
Jun 30, 2025 10.85 Mn
Mar 31, 2025 6.98 Mn
Dec 31, 2024 7.47 Mn
Sep 30, 2024 7.84 Mn
Jun 30, 2024 12.47 Mn
Mar 31, 2024 16.29 Mn
Dec 31, 2023 12.62 Mn
Sep 30, 2023 12.34 Mn
Jun 30, 2023 14.24 Mn
Mar 31, 2023 5.26 Mn
Dec 31, 2022 1.45 Mn
Sep 30, 2022 1.26 Mn
Jun 30, 2022 1.15 Mn
Mar 31, 2022 1.08 Mn
Dec 31, 2021 1.43 Mn
Sep 30, 2021 1.29 Mn