Independent Bank Corp (INDB) Total Debt (2010 - 2026)
Independent Bank (INDB) posted Total Debt of $296.9 million for Q2 2026, down 25.9% from $400.5 million a year earlier and down 6.3% from the prior quarter.
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Analysis
Independent Bank Corp (INDB) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, Independent Bank's Total Debt came in at $416.55 million, up 562.7% from FY2024.
- Annual Total Debt shows a five-year compound annual growth rate of 46.0% (FY2020 to FY2025).
- In prior years, Independent Bank's Total Debt was $62.86 million in FY2024 (-94.3%), $1.11 billion in FY2023, $62.86 million in FY2022 (unchanged) and $62.85 million in FY2021 (unchanged).
- The Q2 2026 figure stands as the lowest quarterly Total Debt since Q4 2024.
- On a year-over-year basis, Total Debt increased in 1 of the last eight quarters, with growth averaging 32.3%.
- The strongest year-over-year quarter for Total Debt in the past five years was Q4 2025, with growth of 562.7%; the weakest was Q4 2024, with a decline of 94.3%.
- According to Business Quant data, Total Debt for the three prior quarters was $316.73 million (Q1 2026), $416.55 million (Q4 2025) and $416.24 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 701.47 Mn |
| Mar 31, 2026 | 776.26 Mn |
| Dec 31, 2025 | 825.85 Mn |
| Sep 30, 2025 | 775.38 Mn |
| Jun 30, 2025 | 759.43 Mn |
| Mar 31, 2025 | 859.87 Mn |
| Dec 31, 2024 | 701.37 Mn |
| Sep 30, 2024 | 663.38 Mn |
| Jun 30, 2024 | 693.39 Mn |
| Mar 31, 2024 | 1.03 Bn |
| Dec 31, 2023 | 1.22 Bn |
| Sep 30, 2023 | 1.00 Bn |
| Jun 30, 2023 | 901.27 Mn |
| Mar 31, 2023 | 992.39 Mn |
| Dec 31, 2022 | 113.38 Mn |
| Sep 30, 2022 | 113.36 Mn |
| Jun 30, 2022 | 138.34 Mn |
| Mar 31, 2022 | 138.33 Mn |
| Dec 31, 2021 | 152.37 Mn |
| Sep 30, 2021 | 157.05 Mn |
API Access
Independent Bank Corp Total Debt 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=total-debt&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();