Independent Bank (INDB) Interest Expenses (2010 - 2026)
Independent Bank (INDB) posted quarterly Interest Expenses of $77.8 million for Q1 2026, down 6.02% year-over-year from $82.8 million in Q1 2025, and down 8.52% quarter-over-quarter from $85.0 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.
- In Q1 2026, Interest Expenses fell 6.02% year-over-year to $77.8 million; the TTM figure through Mar 2026 stood at $48.9 million (down 40.92% YoY), while the FY2025 annual figure was $313.6 million, up 7.75% from the prior year.
- Interest Expenses for Q1 2026 stood at $77.8 million, down from $85.0 million in the prior quarter.
- The five-year high for Interest Expenses was $170.8 million in Q3 2023, with the low at -$205.3 million in Q4 2024.
- The 5-year median for Interest Expenses is $71.3 million (2025), against an average of $48.3 million.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses surged 2217.68% in 2023, then slumped 18896.02% in 2024.
- Independent Bank's Interest Expenses stood at $12.6 million in 2022, then slumped by 108.58% to -$1.1 million in 2023, then plunged by 18896.02% to -$205.3 million in 2024, then soared by 141.42% to $85.0 million in 2025, then declined by 8.52% to $77.8 million in 2026.
- Business Quant data shows INDB's Interest Expenses at $77.8 million in Q1 2026, $85.0 million in Q4 2025, and $91.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 1.16 Bn |
| 10 | Independent Bank | 4.01 Bn | 3.93 Bn | - | 78.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.37 Mn |
| Jun 30, 2026 | 78.37 Mn |
| 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 | 71.26 Mn |
| Jun 30, 2025 | 71.26 Mn |
| Mar 31, 2025 | 82.79 Mn |
| Mar 31, 2025 | 82.79 Mn |
| Dec 31, 2024 | -205.35 Mn |
| Dec 31, 2024 | -205.35 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 |