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

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

• In Q1 2026, Interest Expense - Deposits rose 12.62% year-over-year to $66.9 million; the TTM figure through Mar 2026 stood at $281.9 million (up 11.83% YoY), while the FY2025 annual figure was $274.4 million, up 11.11% from the prior year.
• Interest Expense - Deposits was $66.9 million for Q1 2026 at Independent Bank, down from $74.4 million in the prior quarter.
• In the past five years, Interest Expense - Deposits ranged from a high of $80.7 million in Q3 2025 to a low of $2.1 million in Q1 2022.
• Historically, Interest Expense - Deposits has averaged $44.6 million across 5 years, with a median of $54.3 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits declined 22.28% in 2022, then soared 1411.56% in 2023.
• A 5-year view of Interest Expense - Deposits shows it 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.
• The last three Interest Expense - Deposits figures came in at $66.9 million (Q1 2026), $74.4 million (Q4 2025), and $80.7 million (Q3 2025), per Business Quant data.