Independent Bank (INDB) Interest Expenses (2010 - 2026)
Independent Bank's quarterly Interest Expenses came in at $77.8 million in Q1 2026, up 17.15% year-on-year from $66.4 million in Q1 2025, and down 8.52% quarter-over-quarter from $85.0 million in Q4 2025.
Independent Bank has reported Interest Expenses for 17 years, with the latest figure at $77.8 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 17.15% year-over-year to $77.8 million; the trailing twelve-month figure through Mar 2026 stood at $325.0 million (up 13.29% YoY), and the FY2025 full-year result 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 $91.4 million in Q3 2025, with the low at $3.2 million in Q1 2022.
- Average Interest Expenses over 5 years is $53.0 million, with a median of $66.4 million recorded in 2025.
- Year-over-year, Interest Expenses slipped 21.37% in 2022 and soared 1314.68% in 2023.
- Tracing INDB's Interest Expenses over 5 years: 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 retreated 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) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -227,416.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 3.51 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 5.23 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 7.97 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -22.86 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 2.48 Bn |
| 10 | Independent Bank | 3.86 Bn | 3.77 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 |
| Sep 30, 2023 | 53.05 Mn |
| Sep 30, 2023 | 53.05 Mn |
| Jun 30, 2023 | 46.15 Mn |
| Jun 30, 2023 | 46.15 Mn |
| Mar 31, 2023 | 27.94 Mn |
| Mar 31, 2023 | 27.94 Mn |
| Dec 31, 2022 | 15.77 Mn |
| Dec 31, 2022 | 15.77 Mn |
| Sep 30, 2022 | 7.37 Mn |
| Sep 30, 2022 | 7.37 Mn |
| Jun 30, 2022 | 3.26 Mn |
| Jun 30, 2022 | 3.26 Mn |
| Mar 31, 2022 | 3.19 Mn |
| Mar 31, 2022 | 3.19 Mn |
| Dec 31, 2021 | 3.39 Mn |
| Dec 31, 2021 | 3.39 Mn |
| Sep 30, 2021 | 2.93 Mn |
| Sep 30, 2021 | 2.93 Mn |
| Jun 30, 2021 | 3.35 Mn |
| Jun 30, 2021 | 3.35 Mn |
| Mar 31, 2021 | 4.05 Mn |
| Mar 31, 2021 | 4.05 Mn |
| Dec 31, 2020 | 5.36 Mn |
| Dec 31, 2020 | 5.36 Mn |
| Sep 30, 2020 | 7.04 Mn |
| Sep 30, 2020 | 7.04 Mn |
| Jun 30, 2020 | 8.87 Mn |
| Jun 30, 2020 | 8.87 Mn |
| Mar 31, 2020 | 13.08 Mn |
| Mar 31, 2020 | 13.08 Mn |
| Dec 31, 2019 | 13.71 Mn |
| Dec 31, 2019 | 13.71 Mn |
| Sep 30, 2019 | 15.03 Mn |
| Sep 30, 2019 | 15.03 Mn |
| Jun 30, 2019 | 16.13 Mn |
| Jun 30, 2019 | 16.13 Mn |
| Mar 31, 2019 | 9.02 Mn |
| Mar 31, 2019 | 9.02 Mn |
| Dec 31, 2018 | 7.62 Mn |
| Dec 31, 2018 | 7.62 Mn |
| Sep 30, 2018 | 6.64 Mn |
| Sep 30, 2018 | 6.64 Mn |
| Jun 30, 2018 | 6.00 Mn |
| Jun 30, 2018 | 6.00 Mn |
| Mar 31, 2018 | 5.28 Mn |
| Mar 31, 2018 | 5.28 Mn |
| Dec 31, 2017 | 5.04 Mn |
| Dec 31, 2017 | 5.04 Mn |
| Sep 30, 2017 | 4.71 Mn |
| Sep 30, 2017 | 4.71 Mn |
| Jun 30, 2017 | 4.38 Mn |
| Jun 30, 2017 | 4.38 Mn |
| Mar 31, 2017 | 4.21 Mn |
| Mar 31, 2017 | 4.21 Mn |
| Dec 31, 2016 | 4.68 Mn |
| Dec 31, 2016 | 4.68 Mn |
| Sep 30, 2016 | 4.64 Mn |
| Sep 30, 2016 | 4.64 Mn |
| Jun 30, 2016 | 4.63 Mn |
| Jun 30, 2016 | 4.63 Mn |
| Mar 31, 2016 | 4.85 Mn |
| Mar 31, 2016 | 4.85 Mn |
| Dec 31, 2015 | 4.99 Mn |
| Dec 31, 2015 | 4.99 Mn |
| Sep 30, 2015 | 5.18 Mn |
| Sep 30, 2015 | 5.18 Mn |
| Jun 30, 2015 | 5.27 Mn |
| Jun 30, 2015 | 5.27 Mn |
| Mar 31, 2015 | 5.18 Mn |
| Mar 31, 2015 | 5.18 Mn |
| Dec 31, 2014 | 5.01 Mn |
| Dec 31, 2014 | 5.01 Mn |
| Sep 30, 2014 | 4.81 Mn |
| Sep 30, 2014 | 4.81 Mn |
| Jun 30, 2014 | 5.23 Mn |
| Jun 30, 2014 | 5.23 Mn |
| Mar 31, 2014 | 5.37 Mn |
| Mar 31, 2014 | 5.37 Mn |
| Dec 31, 2013 | 5.67 Mn |
| Dec 31, 2013 | 5.67 Mn |
| Sep 30, 2013 | 5.83 Mn |
| Sep 30, 2013 | 5.83 Mn |
| Jun 30, 2013 | 5.88 Mn |
| Jun 30, 2013 | 5.88 Mn |
| Mar 31, 2013 | 5.96 Mn |
| Mar 31, 2013 | 5.96 Mn |
| Dec 31, 2012 | 5.94 Mn |
| Dec 31, 2012 | 5.94 Mn |
| Sep 30, 2012 | 5.72 Mn |
| Sep 30, 2012 | 5.72 Mn |
| Jun 30, 2012 | 5.80 Mn |
| Jun 30, 2012 | 5.80 Mn |
| Mar 31, 2012 | 5.94 Mn |
| Mar 31, 2012 | 5.94 Mn |
| Dec 31, 2011 | 6.53 Mn |
| Dec 31, 2011 | 6.53 Mn |
| Sep 30, 2011 | 7.26 Mn |
| Sep 30, 2011 | 7.26 Mn |
| Jun 30, 2011 | 7.40 Mn |
| Jun 30, 2011 | 7.40 Mn |
| Mar 31, 2011 | 7.49 Mn |
| Mar 31, 2011 | 7.49 Mn |
| Dec 31, 2010 | 8.58 Mn |
| Dec 31, 2010 | 8.58 Mn |
| Sep 30, 2010 | 9.39 Mn |
| Sep 30, 2010 | 9.39 Mn |
| Jun 30, 2010 | 10.15 Mn |
| Jun 30, 2010 | 10.15 Mn |