Independent Bank (INDB) Interest Expense - Debt (2010 - 2026)
Independent Bank (INDB) posted quarterly Interest Expense - Debt of $10.9 million for Q1 2026, up 55.77% year-over-year from $7.0 million in Q1 2025, and up 1.87% quarter-over-quarter from $10.7 million in Q4 2025.
Independent Bank (INDB) Interest Expense - Debt (2010 - 2026) Analysis & Trends
Independent Bank's Interest Expense - Debt history runs 17 years deep, the most recent figure standing at $10.9 million for Q1 2026.
- In Q1 2026, Interest Expense - Debt rose 55.77% year-over-year to $10.9 million; the TTM figure through Mar 2026 stood at $43.1 million (up 23.91% YoY), while the FY2025 annual figure was $39.2 million, down 11.1% from the prior year.
- Interest Expense - Debt for Q1 2026 stood at $10.9 million, up from $10.7 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.
- The 5-year median for Interest Expense - Debt is $7.8 million (2024), against an average of $6.2 million.
- Peak annual rise in Interest Expense - Debt reached 1137.01% in 2023, while the deepest fall reached 1539.62% in 2023.
- Independent Bank's Interest Expense - Debt stood at $1.7 million in 2022, then sank by 1539.62% to -$25.0 million in 2023, then soared by 129.84% to $7.5 million in 2024, then jumped by 42.83% to $10.7 million in 2025, then rose by 1.87% to $10.9 million in 2026.
- Business Quant data shows INDB's Interest Expense - Debt at $10.9 million in Q1 2026, $10.7 million in Q4 2025, and $10.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 658.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 228.00 Mn |
| 10 | Independent Bank | 4.01 Bn | 3.93 Bn | - | 10.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -25.04 Mn |
| Sep 30, 2023 | 12.34 Mn |
| Jun 30, 2023 | 14.24 Mn |
| Mar 31, 2023 | 5.26 Mn |
| Dec 31, 2022 | 1.74 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 |