Independent Bank (INDB) Non Operating Interest Expenses (2010 - 2025)
Independent Bank's (INDB) quarterly Non Operating Interest Expenses came in at $1.8 million in Q2 2025, down 1.59% year-on-year from $1.8 million in Q2 2024, and down 1.59% quarter-over-quarter from $1.8 million in Q2 2024.
Independent Bank (INDB) Non Operating Interest Expenses (2010 - 2025) Analysis & Trends
Independent Bank's Non Operating Interest Expenses history runs 15 years deep, the most recent figure standing at $1.8 million for Q2 2025.
- On a quarterly basis, Non Operating Interest Expenses fell 1.59% year-over-year to $1.8 million in Q2 2025; TTM through Jun 2025 was $6.4 million, a 16.64% increase from a year earlier, with the FY2021 full-year figure at $4.1 million, down 4.06% from the prior year.
- Non Operating Interest Expenses fell to $1.8 million in Q2 2025 per INDB's latest filing, from $1.8 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $1.8 million in Q2 2024 and bottomed at $884000.0 in Q3 2021.
- The 4-year median for Non Operating Interest Expenses is $1.6 million (2023), against an average of $1.5 million.
- Across the five-year window, Non Operating Interest Expenses decreased 27.24% in 2021 and increased 11.27% in 2024, its largest moves.
- Year by year, Non Operating Interest Expenses stood at $1.1 million in 2021, then surged by 44.45% to $1.6 million in 2023, then increased by 11.27% to $1.8 million in 2024, then decreased by 1.59% to $1.8 million in 2025.
- Per Business Quant, the three latest INDB Non Operating Interest Expenses figures stand at $1.8 million (Q2 2025), $1.8 million (Q2 2024), and $1.6 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -22.86 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 72,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | - |
| 10 | Independent Bank | 4.16 Bn | 4.11 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 1.80 Mn |
| Jun 30, 2024 | 1.83 Mn |
| Jun 30, 2023 | 1.64 Mn |
| Dec 31, 2021 | 1.14 Mn |
| Sep 30, 2021 | 884,000.00 |
| Dec 31, 2020 | 1.15 Mn |
| Sep 30, 2020 | 1.22 Mn |
| Jun 30, 2020 | 787,000.00 |
| Mar 31, 2020 | 1.11 Mn |
| Dec 31, 2019 | 1.53 Mn |
| Sep 30, 2019 | 1.42 Mn |
| Jun 30, 2019 | 1.28 Mn |
| Mar 31, 2019 | 1.21 Mn |
| Dec 31, 2018 | 1.26 Mn |
| Sep 30, 2018 | 1.40 Mn |
| Jun 30, 2018 | 1.17 Mn |
| Mar 31, 2018 | 1.12 Mn |
| Dec 31, 2017 | 971,000.00 |
| Sep 30, 2017 | 1.36 Mn |
| Jun 30, 2017 | 1.37 Mn |