Independent Bank (INDB) Payables (2010 - 2026)
Independent Bank (INDB) posted Payables of $20.4 billion for Q2 2026, up 1.47% on a QoQ basis from $20.1 billion in Q1 2026, and up 28.3% year-over-year from $15.9 billion in Q2 2025.
Analysis
Independent Bank (INDB) Payables (2010 - 2026) Analysis & Trends
Independent Bank has reported Payables for 17 years, with the latest figure at $20.4 billion in Q2 2026.
- On a quarterly basis, Payables rose 28.3% year-over-year to $20.4 billion in Q2 2026; TTM through Jun 2026 was $20.4 billion, a 28.3% increase from a year earlier, with the FY2025 full-year figure at $20.1 billion, up 31.5% from the prior year.
- Payables was $20.4 billion for Q2 2026 at Independent Bank, up from $20.1 billion in the prior quarter.
- The five-year high for Payables was $20.4 billion in Q2 2026, with the low at $14.9 billion in Q4 2023.
- Average Payables over 5 years is $16.7 billion, with a median of $15.8 billion recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Payables jumped 44.59% in 2022, then fell 8.9% in 2023.
- Over 5 years, Payables stood at $15.9 billion in 2022, then retreated by 6.38% to $14.9 billion in 2023, then advanced by 2.96% to $15.3 billion in 2024, then jumped by 31.5% to $20.1 billion in 2025, then increased by 1.32% to $20.4 billion in 2026.
- The last three Payables figures came in at $20.4 billion (Q2 2026), $20.1 billion (Q1 2026), and $20.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 26.89 Bn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 238.77 Bn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 173.50 Bn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 225.58 Bn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 186.78 Bn |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 133.71 Bn |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 156.77 Bn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 173.58 Bn |
| 10 | Independent Bank | 4.00 Bn | 3.91 Bn | - | 20.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.39 Bn |
| Mar 31, 2026 | 20.10 Bn |
| Dec 31, 2025 | 20.13 Bn |
| Sep 30, 2025 | 20.30 Bn |
| Jun 30, 2025 | 15.89 Bn |
| Mar 31, 2025 | 15.68 Bn |
| Dec 31, 2024 | 15.31 Bn |
| Sep 30, 2024 | 15.44 Bn |
| Jun 30, 2024 | 15.41 Bn |
| Mar 31, 2024 | 15.04 Bn |
| Dec 31, 2023 | 14.87 Bn |
| Sep 30, 2023 | 15.06 Bn |
| Jun 30, 2023 | 15.25 Bn |
| Mar 31, 2023 | 15.27 Bn |
| Dec 31, 2022 | 15.88 Bn |
| Sep 30, 2022 | 16.34 Bn |
| Jun 30, 2022 | 16.64 Bn |
| Mar 31, 2022 | 16.76 Bn |
| Dec 31, 2021 | 16.92 Bn |
| Sep 30, 2021 | 12.26 Bn |