Independent Bank (INDB) Interest Expenses (2010 - 2026)
Independent Bank (INDB) posted Interest Expenses of $78.4 million for Q2 2026, up 0.72% on a QoQ basis from $77.8 million in Q1 2026, and up 10.85% year-over-year from $70.7 million in Q2 2025.
Analysis
Independent Bank (INDB) Interest Expenses (2010 - 2026) Analysis & Trends
Independent Bank has reported Interest Expenses for 17 years, with the latest figure at $78.4 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 10.85% year-over-year to $78.4 million in Q2 2026; TTM through Jun 2026 was $332.6 million, a 17.29% increase from a year earlier, with the FY2025 full-year figure at $313.6 million, up 7.75% from the prior year.
- Interest Expenses was $78.4 million for Q2 2026 at Independent Bank, up from $77.8 million in the prior quarter.
- The five-year high for Interest Expenses was $91.4 million in Q3 2025, with the low at $3.2 million in Q1 2022.
- Average Interest Expenses over 5 years is $54.4 million, with a median of $68.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses decreased 21.37% in 2022, then surged 1314.68% in 2023.
- Over 5 years, Interest Expenses stood at $15.8 million in 2022, then surged by 293.56% to $62.1 million in 2023, then increased by 15.44% to $71.7 million in 2024, then advanced by 18.69% to $85.0 million in 2025, then fell by 7.86% to $78.4 million in 2026.
- The last three Interest Expenses figures came in at $78.4 million (Q2 2026), $77.8 million (Q1 2026), and $85.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 2.35 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 1.16 Bn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 828.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 1.33 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 912.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 471.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 1.20 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 809.00 Mn |
| 10 | Independent Bank | 3.95 Bn | 3.86 Bn | - | 78.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.37 Mn |
| Mar 31, 2026 | 77.81 Mn |
| Dec 31, 2025 | 85.05 Mn |
| Sep 30, 2025 | 91.41 Mn |
| Jun 30, 2025 | 70.70 Mn |
| Mar 31, 2025 | 66.42 Mn |
| Dec 31, 2024 | 71.66 Mn |
| Sep 30, 2024 | 74.82 Mn |
| Jun 30, 2024 | 73.94 Mn |
| Mar 31, 2024 | 70.61 Mn |
| Dec 31, 2023 | 62.07 Mn |
| Sep 30, 2023 | 53.05 Mn |
| Jun 30, 2023 | 46.15 Mn |
| Mar 31, 2023 | 27.94 Mn |
| Dec 31, 2022 | 15.77 Mn |
| Sep 30, 2022 | 7.37 Mn |
| Jun 30, 2022 | 3.26 Mn |
| Mar 31, 2022 | 3.19 Mn |
| Dec 31, 2021 | 3.39 Mn |
| Sep 30, 2021 | 2.93 Mn |