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
DateValue
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