Independent Bank (INDB) Service Charges (2010 - 2026)
Independent Bank's (INDB) quarterly Service Charges came in at $9.2 million in Q1 2026, down 77.66% year-on-year from $41.4 million in Q1 2025, and up 148.95% quarter-over-quarter from -$18.9 million in Q4 2025.
Independent Bank (INDB) Service Charges (2010 - 2026) Analysis & Trends
Independent Bank's Service Charges history runs 17 years deep, the most recent figure standing at $9.2 million for Q1 2026.
- On a quarterly basis, Service Charges fell 77.66% year-over-year to $9.2 million in Q1 2026; TTM through Mar 2026 was $6.3 million, a 88.75% decrease from a year earlier, with the FY2025 full-year figure at $56.8 million, up 114.72% from the prior year.
- Service Charges advanced to $9.2 million in Q1 2026 per INDB's latest filing, from -$18.9 million in the prior quarter.
- Across five years, Service Charges topped out at $41.4 million in Q1 2025 and bottomed at -$18.9 million in Q4 2025.
- The 5-year median for Service Charges is $6.2 million (2024), against an average of $6.6 million.
- Biggest YoY gain for Service Charges was 564.74% in 2025; the steepest drop was 1243.77% in 2025.
- Year by year, Service Charges stood at -$14.9 million in 2022, then soared by 128.01% to $4.2 million in 2023, then sank by 60.5% to $1.7 million in 2024, then tumbled by 1243.77% to -$18.9 million in 2025, then soared by 148.95% to $9.2 million in 2026.
- Per Business Quant, the three latest INDB Service Charges figures stand at $9.2 million (Q1 2026), -$18.9 million (Q4 2025), and $8.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - |
| 10 | Independent Bank | 4.15 Bn | 4.10 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.25 Mn |
| Dec 31, 2025 | -18.90 Mn |
| Sep 30, 2025 | 8.85 Mn |
| Jun 30, 2025 | 7.14 Mn |
| Mar 31, 2025 | 41.40 Mn |
| Dec 31, 2024 | 1.65 Mn |
| Sep 30, 2024 | 7.01 Mn |
| Jun 30, 2024 | 6.33 Mn |
| Mar 31, 2024 | 6.23 Mn |
| Dec 31, 2023 | 4.18 Mn |
| Sep 30, 2023 | 6.02 Mn |
| Jun 30, 2023 | 23.77 Mn |
| Mar 31, 2023 | 5.92 Mn |
| Dec 31, 2022 | -14.93 Mn |
| Sep 30, 2022 | 6.26 Mn |
| Jun 30, 2022 | 5.83 Mn |
| Mar 31, 2022 | 5.49 Mn |
| Dec 31, 2021 | 5.04 Mn |
| Sep 30, 2021 | 4.30 Mn |
| Jun 30, 2021 | 3.82 Mn |