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

Independent Bank's (INDB) quarterly Interest Expense - Deposits came in at $66.9 million in Q1 2026, up 12.62% year-on-year from $59.4 million in Q1 2025, and down 10.01% quarter-over-quarter from $74.4 million in Q4 2025.

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

Independent Bank's Interest Expense - Deposits history runs 17 years deep, the most recent figure standing at $66.9 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Deposits rose 12.62% year-over-year to $66.9 million in Q1 2026; TTM through Mar 2026 was $281.9 million, a 11.83% increase from a year earlier, with the FY2025 full-year figure at $274.4 million, up 11.11% from the prior year.
  • Interest Expense - Deposits slipped to $66.9 million in Q1 2026 per INDB's latest filing, from $74.4 million in the prior quarter.
  • Across five years, Interest Expense - Deposits topped out at $80.7 million in Q3 2025 and bottomed at $2.1 million in Q1 2022.
  • The 5-year median for Interest Expense - Deposits is $54.3 million (2024), against an average of $44.6 million.
  • Across the five-year window, Interest Expense - Deposits retreated 22.28% in 2022 and surged 1411.56% in 2023, its largest moves.
  • Year by year, Interest Expense - Deposits stood at $14.3 million in 2022, then jumped by 245.24% to $49.5 million in 2023, then rose by 29.79% to $64.2 million in 2024, then gained by 15.88% to $74.4 million in 2025, then slipped by 10.01% to $66.9 million in 2026.
  • Per Business Quant, the three latest INDB Interest Expense - Deposits figures stand at $66.9 million (Q1 2026), $74.4 million (Q4 2025), and $80.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 3.51 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 4.61 Mn
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 1.74 Bn
9 Us Bancorp 99.51 Bn 99.51 Bn - 2.28 Bn
10 Independent Bank 4.16 Bn 4.11 Bn - 66.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 66.94 Mn
Dec 31, 2025 74.38 Mn
Sep 30, 2025 80.74 Mn
Jun 30, 2025 59.84 Mn
Mar 31, 2025 59.44 Mn
Dec 31, 2024 64.19 Mn
Sep 30, 2024 66.99 Mn
Jun 30, 2024 61.47 Mn
Mar 31, 2024 54.32 Mn
Dec 31, 2023 49.46 Mn
Sep 30, 2023 40.71 Mn
Jun 30, 2023 31.91 Mn
Mar 31, 2023 22.68 Mn
Dec 31, 2022 14.33 Mn
Sep 30, 2022 6.11 Mn
Jun 30, 2022 2.11 Mn
Mar 31, 2022 2.11 Mn
Dec 31, 2021 1.97 Mn
Sep 30, 2021 1.63 Mn
Jun 30, 2021 2.02 Mn