Independent Bank (INDB) Interest Expenses (2010 - 2026)
Independent Bank's (INDB) quarterly Interest Expenses came in at $77.8 million in Q1 2026, down 6.02% year-on-year from $82.8 million in Q1 2025, and up 136.5% quarter-over-quarter from -$213.2 million in Q4 2025.
Independent Bank (INDB) Interest Expenses (2010 - 2026) Analysis & Trends
Independent Bank's Interest Expenses history runs 17 years deep, the most recent figure standing at $77.8 million for Q1 2026.
- On a quarterly basis, Interest Expenses fell 6.02% year-over-year to $77.8 million in Q1 2026; TTM through Mar 2026 was -$40.6 million, a 148.98% decrease from a year earlier, with the FY2025 full-year figure at $313.6 million, up 7.75% from the prior year.
- Interest Expenses improved to $77.8 million in Q1 2026 per INDB's latest filing, from -$213.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $170.8 million in Q3 2023 and bottomed at -$213.2 million in Q4 2025.
- The 5-year median for Interest Expenses is $62.1 million (2023), against an average of $46.8 million.
- Across the five-year window, Interest Expenses surged 2217.68% in 2023 and plunged 6342.49% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $13.7 million in 2022, then surged by 352.3% to $62.1 million in 2023, then sank by 94.5% to $3.4 million in 2024, then tumbled by 6342.49% to -$213.2 million in 2025, then surged by 136.5% to $77.8 million in 2026.
- Per Business Quant, the three latest INDB Interest Expenses figures stand at $77.8 million (Q1 2026), -$213.2 million (Q4 2025), and $91.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 259,661.44 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -2.73 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -32,586.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 3.52 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 19.98 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.30 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 2.53 Bn |
| 10 | Independent Bank | 4.15 Bn | 4.10 Bn | - | 77.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.81 Mn |
| Mar 31, 2026 | 77.81 Mn |
| Dec 31, 2025 | -213.18 Mn |
| Dec 31, 2025 | -213.18 Mn |
| Sep 30, 2025 | 91.41 Mn |
| Sep 30, 2025 | 91.41 Mn |
| Jun 30, 2025 | 71.26 Mn |
| Jun 30, 2025 | 71.26 Mn |
| Mar 31, 2025 | 82.79 Mn |
| Mar 31, 2025 | 82.79 Mn |
| Dec 31, 2024 | 3.42 Mn |
| Dec 31, 2024 | 3.42 Mn |
| Sep 30, 2024 | 87.59 Mn |
| Sep 30, 2024 | 87.59 Mn |
| Jun 30, 2024 | 124.22 Mn |
| Jun 30, 2024 | 124.22 Mn |
| Mar 31, 2024 | 129.58 Mn |
| Mar 31, 2024 | 129.58 Mn |
| Dec 31, 2023 | 62.07 Mn |
| Dec 31, 2023 | 62.07 Mn |