Independent Bank (INDB) Long-Term Debt (2009 - 2021)
Independent Bank (INDB) recorded Long-Term Debt of $14.06 million in Q4 2021, down 57.1% from $32.77 million a year earlier and down 25.0% from the prior quarter.
Independent Bank (INDB) Long-Term Debt (2009 - 2021) Analysis & Trends
Starting with Q1 2019, Independent Bank's Long-Term Debt history includes 12 quarters.
- Across earlier years, Long-Term Debt came in at $32.77 million in FY2020 (-56.2%) and $74.91 million in FY2019.
- The Q4 2021 figure is the lowest quarterly Long-Term Debt in data going back to Q1 2019.
- On a year-over-year basis, Long-Term Debt has declined for seven consecutive quarters, with an average decline of 45.4% over the last eight quarters.
- Across the past five years, year-over-year decline in Long-Term Debt ran from 0.0% in Q1 2020 to 62.5% in Q1 2021.
- Per Business Quant, the preceding three quarters came in at $18.75 million (Q3 2021), $23.43 million (Q2 2021) and $28.1 million (Q1 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 460.16 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | 3,598.37 Bn |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 318.69 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 298.00 Mn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 182.85 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 14.06 Mn |
| Sep 30, 2021 | 18.75 Mn |
| Jun 30, 2021 | 23.43 Mn |
| Mar 31, 2021 | 28.10 Mn |
| Dec 31, 2020 | 32.77 Mn |
| Sep 30, 2020 | 37.45 Mn |
| Jun 30, 2020 | 37.43 Mn |
| Mar 31, 2020 | 74.92 Mn |
| Dec 31, 2019 | 74.91 Mn |
| Sep 30, 2019 | 74.89 Mn |
| Jun 30, 2019 | 74.88 Mn |
| Mar 31, 2019 | 74.91 Mn |
| Mar 31, 2016 | 29,970.00 |
| Dec 31, 2015 | 29,400.00 |
| Sep 30, 2015 | 28,960.00 |
| Jun 30, 2015 | 28,420.00 |
| Mar 31, 2015 | 28,050.00 |
| Mar 31, 2011 | 20,930.00 |
| Dec 31, 2010 | 20,570.00 |
| Sep 30, 2010 | 20,080.00 |
Independent Bank Long-Term Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt", "ticker": "INDB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();