Independent Bank (INDB) Other Non-Interest Expense (2009 - 2026)
Independent Bank (INDB) reported Other Non-Interest Expense of $31.86 million for Q2 2026, up 49.0% from $21.38 million a year earlier and up 12.3% from the prior quarter.
Independent Bank (INDB) Other Non-Interest Expense (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Independent Bank's Other Non-Interest Expense came in at $118.64 million, up 38.0% year-over-year; for FY2025, it was $97.95 million, up 15.4% from FY2024.
- Other Non-Interest Expense has increased for four consecutive years, with a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- By year, Other Non-Interest Expense came in at $84.86 million in FY2024 (+3.0%), $82.36 million in FY2023 (+5.0%), $78.47 million in FY2022 (+45.6%) and $53.89 million in FY2021 (-8.9%).
- The Q2 2026 figure ranks as the highest quarterly Other Non-Interest Expense in data going back to Q2 2010.
- Year over year, Other Non-Interest Expense has now increased in each of the last seven quarters, with growth averaging 21.2% over the last eight quarters.
- The high point for year-over-year Other Non-Interest Expense in five years was Q2 2026 (growth of 49.0%); the low point was Q4 2021 (a decline of 24.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $28.37 million (Q1 2026), $30.76 million (Q4 2025) and $27.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Non-Int. Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | -4.05 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 3.50 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 5.25 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 2.86 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 672.02 Mn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 4.84 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 2.69 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 11.61 Bn |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 27.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.46 Mn |
| Jun 30, 2026 | 28.58 Mn |
| Mar 31, 2026 | 28.37 Mn |
| Dec 31, 2025 | 27.99 Mn |
| Sep 30, 2025 | 25.92 Mn |
| Jun 30, 2025 | 21.38 Mn |
| Mar 31, 2025 | 21.96 Mn |
| Dec 31, 2024 | 23.08 Mn |
| Sep 30, 2024 | 19.57 Mn |
| Jun 30, 2024 | 19.59 Mn |
| Mar 31, 2024 | 20.79 Mn |
| Dec 31, 2023 | 21.12 Mn |
| Sep 30, 2023 | 21.07 Mn |
| Jun 30, 2023 | 18.70 Mn |
| Mar 31, 2023 | 19.84 Mn |
| Dec 31, 2022 | 19.95 Mn |
| Sep 30, 2022 | 19.32 Mn |
| Jun 30, 2022 | 20.74 Mn |
| Mar 31, 2022 | 18.46 Mn |
| Dec 31, 2021 | 13.72 Mn |
Independent Bank Other Non-Interest Expense 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=other-non-interest-expense&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-interest-expense", "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=other-non-interest-expense&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();