Independent Bank (INDB) Provisions (2010 - 2026)
Independent Bank (INDB) posted Provisions of $6.2 million for Q2 2026, up 13.64% on a QoQ basis from $5.5 million in Q1 2026, and down 13.19% year-over-year from $7.2 million in Q2 2025.
Analysis
Independent Bank (INDB) Provisions (2010 - 2026) Analysis & Trends
Independent Bank has reported Provisions for 17 years, with the latest figure at $6.2 million in Q2 2026.
- On a quarterly basis, Provisions fell 13.19% year-over-year to $6.2 million in Q2 2026; TTM through Jun 2026 was $55.0 million, a 11.83% increase from a year earlier, with the FY2025 full-year figure at $65.5 million, up 80.6% from the prior year.
- Provisions was $6.2 million for Q2 2026 at Independent Bank, up from $5.5 million in the prior quarter.
- The five-year high for Provisions was $38.5 million in Q3 2025, with the low at -$2.0 million in Q1 2022.
- Average Provisions over 5 years is $8.4 million, with a median of $5.5 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Provisions slumped 84.6% in 2022, then surged 462.5% in 2023.
- Over 5 years, Provisions stood at $5.5 million in 2022, then changed by 0.0% to $5.5 million in 2023, then surged by 36.36% to $7.5 million in 2024, then sank by 36.67% to $4.8 million in 2025, then surged by 31.58% to $6.2 million in 2026.
- The last three Provisions figures came in at $6.2 million (Q2 2026), $5.5 million (Q1 2026), and $4.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 395.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 131.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 120.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 132.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 146.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 68.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | -10.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 111.00 Mn |
| 10 | Independent Bank | 3.95 Bn | 3.86 Bn | - | 6.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.25 Mn |
| Mar 31, 2026 | 5.50 Mn |
| Dec 31, 2025 | 4.75 Mn |
| Sep 30, 2025 | 38.52 Mn |
| Jun 30, 2025 | 7.20 Mn |
| Mar 31, 2025 | 15.00 Mn |
| Dec 31, 2024 | 7.50 Mn |
| Sep 30, 2024 | 19.50 Mn |
| Jun 30, 2024 | 4.25 Mn |
| Mar 31, 2024 | 5.00 Mn |
| Dec 31, 2023 | 5.50 Mn |
| Sep 30, 2023 | 5.50 Mn |
| Jun 30, 2023 | 5.00 Mn |
| Mar 31, 2023 | 7.25 Mn |
| Dec 31, 2022 | 5.50 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | -2.00 Mn |
| Dec 31, 2021 | 35.71 Mn |
| Sep 30, 2021 | -10.00 Mn |
| Jun 30, 2021 | -5.00 Mn |