Independent Bank (INDB) Interest Expenses (2010 - 2026)
Independent Bank (INDB) recorded quarterly Interest Expenses of $77.8 million in Q1 2026, down 8.52% quarter-over-quarter from $85.0 million in Q4 2025, and up 17.15% on a YoY basis from $66.4 million in Q1 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.
- In Q1 2026, Interest Expenses rose 17.15% year-over-year to $77.8 million; the TTM figure through Mar 2026 stood at $325.0 million (up 13.29% YoY), while the FY2025 annual figure was $313.6 million, up 7.75% from the prior year.
- Interest Expenses was $77.8 million for Q1 2026 at Independent Bank, down from $85.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $91.4 million in Q3 2025 to a low of $3.2 million in Q1 2022.
- Historically, Interest Expenses has averaged $53.0 million across 5 years, with a median of $66.4 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses retreated 21.37% in 2022, then jumped 1314.68% in 2023.
- A 5-year view of Interest Expenses shows it stood at $15.8 million in 2022, then jumped by 293.56% to $62.1 million in 2023, then grew by 15.44% to $71.7 million in 2024, then gained by 18.69% to $85.0 million in 2025, then fell by 8.52% to $77.8 million in 2026.
- The last three Interest Expenses figures came in at $77.8 million (Q1 2026), $85.0 million (Q4 2025), and $91.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -227,416.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 3.51 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 5.23 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 38.44 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Independent Bank | 4.07 Bn | 3.99 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 | 85.05 Mn |
| Dec 31, 2025 | 85.05 Mn |
| Sep 30, 2025 | 91.41 Mn |
| Sep 30, 2025 | 91.41 Mn |
| Jun 30, 2025 | 70.70 Mn |
| Jun 30, 2025 | 70.70 Mn |
| Mar 31, 2025 | 66.42 Mn |
| Mar 31, 2025 | 66.42 Mn |
| Dec 31, 2024 | 71.66 Mn |
| Dec 31, 2024 | 71.66 Mn |
| Sep 30, 2024 | 74.82 Mn |
| Sep 30, 2024 | 74.82 Mn |
| Jun 30, 2024 | 73.94 Mn |
| Jun 30, 2024 | 73.94 Mn |
| Mar 31, 2024 | 70.61 Mn |
| Mar 31, 2024 | 70.61 Mn |
| Dec 31, 2023 | 62.07 Mn |
| Dec 31, 2023 | 62.07 Mn |