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| Date | Value |
|---|---|
| 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 |