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Interest Expense at other companies

Financial Institutions logo
Financial InstitutionsFISI
$29.57M-13.5%
Fifth Third Bank logo
Fifth Third BankFITB
$1.04B+4.3%
Huntington Bancshares logo
Huntington BancsharesHBAN
$1.2B+12.4%
Independent Bank Corp logo
Independent Bank CorpINDB
$77.81M+17.2%
Equity Bancshares logo
Equity BancsharesEQBK
$34.36M+40.9%
Five Star Bancorp logo
Five Star BancorpFSBC
$23.89M+3.4%

Segments

By segment

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Independent Bank$18.64M-13.2%

Other financials

Income statement

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Revenue$58.9M+8.9%
Net income$16.9M+8.2%
EPS (diluted)$0.81+9.5%

Balance sheet

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Cash & equivalents$174.9M+36.5%
Total debt$7.2M+13.4%
Total equity$510.6M+9.3%
Total assets$5.6B+4.3%

Cash flow

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Operating cash flow-$9.2M-148%
CapEx$4.6M+311%
Free cash flow-$13.8M-176%

Valuation

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Market cap$733.37M+16.4%
Enterprise value$565.68M+11.3%
P/E10.5×+1.0×
P/S3.2×+0.4×

Profitability

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Net margin30.3%+0.7pp
FCF margin16.6%-7.1pp

Returns & leverage

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Return on equity14.3%-0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Independent Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

The official record: Independent Bank Corporation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corporation's interest expense?
Independent Bank Corporation (IBCP) reported interest expense of $19.31M in Q1 2026.
How has Independent Bank Corporation's interest expense changed year-over-year?
Independent Bank Corporation's interest expense decreased by 14.0% year-over-year, from $22.46M to $19.31M.
What is the long-term trend for Independent Bank Corporation's interest expense?
Over 4 years (2021 to 2025), Independent Bank Corporation's interest expense has grown at a 81.2% compound annual growth rate (CAGR), from $8.32M to $89.72M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.