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

Independent Bank has reported Interest Expense - Deposits for 17 years, with the latest figure at $66.9 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Deposits rose 12.62% year-over-year to $66.9 million; the trailing twelve-month figure through Mar 2026 stood at $281.9 million (up 11.83% YoY), and the FY2025 full-year result was $274.4 million, up 11.11% from the prior year.
• Interest Expense - Deposits for Q1 2026 stood at $66.9 million, down from $74.4 million in the prior quarter.
• The five-year high for Interest Expense - Deposits was $80.7 million in Q3 2025, with the low at $2.1 million in Q1 2022.
• Average Interest Expense - Deposits over 5 years is $44.6 million, with a median of $54.3 million recorded in 2024.
• Year-over-year, Interest Expense - Deposits retreated 22.28% in 2022 and surged 1411.56% in 2023.
• Tracing INDB's Interest Expense - Deposits over 5 years: stood at $14.3 million in 2022, then surged by 245.24% to $49.5 million in 2023, then gained by 29.79% to $64.2 million in 2024, then advanced by 15.88% to $74.4 million in 2025, then dropped 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.

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