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

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 was $10.9 million for Q1 2026 at Independent Bank, up from $10.7 million in the prior quarter.
• In the past five years, Interest Expense - Debt ranged from a high of $16.3 million in Q1 2024 to a low of -$25.0 million in Q4 2023.
• Historically, Interest Expense - Debt has averaged $6.2 million across 5 years, with a median of $7.8 million in 2024.
• Biggest YoY gain for Interest Expense - Debt was 1137.01% in 2023; the steepest drop was 1888.21% in 2023.
• A 5-year view of Interest Expense - Debt shows it stood at $1.4 million in 2022, then sank by 1888.21% to -$25.0 million in 2023, then jumped by 129.84% to $7.5 million in 2024, then surged by 42.83% to $10.7 million in 2025, then gained by 1.87% to $10.9 million in 2026.
• The last three Interest Expense - Debt figures came in at $10.9 million (Q1 2026), $10.7 million (Q4 2025), and $10.7 million (Q3 2025), per Business Quant data.