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Independent Bank Corporation IBCP Total Interest Expense

Total Interest Expense at other companies

Financial Institutions logo
Financial InstitutionsFISI
$1.7M+8.8%
Huntington Bancshares logo
Huntington BancsharesHBAN
$920M+13.6%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$18.34M-25.5%
Independent Bank Corp logo
Independent Bank CorpINDB
$66.94M+12.6%
Southern Missouri Bancorp logo
Southern Missouri BancorpSMBC
$26.17M-9.1%
Fifth Third Bank logo
Fifth Third BankFITB

Segments

By segment

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Independent Bank$18.4M-13.7%

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:InterestExpenseDeposits.

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 total interest expense?
Independent Bank Corporation (IBCP) reported total interest expense of $18.4M in Q1 2026.
How has Independent Bank Corporation's total interest expense changed year-over-year?
Independent Bank Corporation's total interest expense decreased by 12.2% year-over-year, from $20.96M to $18.4M.
What is the long-term trend for Independent Bank Corporation's total interest expense?
Over 4 years (2021 to 2025), Independent Bank Corporation's total interest expense has grown at a 108.0% compound annual growth rate (CAGR), from $4.47M to $83.5M.
What does total interest expense mean?
This is the aggregate cost incurred by the bank to fund its operations through interest-bearing deposits, short-term borrowings, and long-term debt obligations. Monitoring this metric is essential for assessing the bank's cost of funds and its sensitivity to interest rate fluctuations.