Independent Bank (INDB) Times Interest Earned (2009 - 2026)
Independent Bank's Times Interest Earned came in at 2.36 for Q2 2026, up 22.4% from 1.93 a year earlier and up 1.0% from the prior quarter.
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Analysis
Independent Bank (INDB) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Independent Bank reported Times Interest Earned of 2.05, up 10.9% year-over-year; for FY2025, it came in at 1.84, down 0.7% from FY2024.
- Times Interest Earned has declined in each of the last three years.
- Going back by year, Times Interest Earned was 1.85 in FY2024 (-30.6%), 2.67 in FY2023 (-79.1%), 12.75 in FY2022 (+2.7%) and 12.42 in FY2021 (+127.9%).
- The Q2 2026 figure represents the highest quarterly Times Interest Earned since Q3 2023.
- Year-over-year, Times Interest Earned has increased for three consecutive quarters, with growth averaging 0.4% over the last eight quarters.
- The fastest year-over-year change in Times Interest Earned over five years came in Q4 2022 (growth of 999.2%), and the weakest in Q4 2021 (a decline of 92.9%).
- Business Quant data shows INDB's Times Interest Earned at 2.34 (Q1 2026), 2.11 (Q4 2025) and 1.49 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 1.77 |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 1.50 |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 1.50 |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 1.43 |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 1.37 |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 1.62 |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 0.56 |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 2.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.40 |
| Jun 30, 2026 | 2.36 |
| Mar 31, 2026 | 2.34 |
| Dec 31, 2025 | 2.11 |
| Sep 30, 2025 | 1.49 |
| Jun 30, 2025 | 1.93 |
| Mar 31, 2025 | 1.86 |
| Dec 31, 2024 | 1.88 |
| Sep 30, 2024 | 1.74 |
| Jun 30, 2024 | 1.90 |
| Mar 31, 2024 | 1.89 |
| Dec 31, 2023 | 2.14 |
| Sep 30, 2023 | 2.51 |
| Jun 30, 2023 | 2.79 |
| Mar 31, 2023 | 3.91 |
| Dec 31, 2022 | 7.36 |
| Sep 30, 2022 | 13.90 |
| Jun 30, 2022 | 26.20 |
| Mar 31, 2022 | 23.03 |
| Dec 31, 2021 | 0.67 |
API Access
Independent Bank Times Interest Earned 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=times-interest-earned&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();