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Independent Bank Corp INDB Interest Expense Borrowings

Interest Expense Borrowings at other companies

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Other financials

Income statement

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Revenue$252.7M+41.9%
Net income$79.9M+79.9%
EPS (diluted)$1.63+56.7%

Balance sheet

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Cash & equivalents$729.0M+1.7%
Total debt$776.3M-9.7%
Total equity$3.5B+16.8%
Total assets$24.8B+24.6%

Cash flow

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Operating cash flow$117.2M+779%
CapEx$5.6M+176%
Free cash flow$111.6M+887%

Valuation

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Market cap$4B+36.8%

Profitability

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Net margin25.8%-1.1pp
FCF margin36.4%+11.5pp

Returns & leverage

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Return on equity7.3%+0.9pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseBorrowings.

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

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Questions, answered.

What is Independent Bank Corp's interest expense borrowings?
Independent Bank Corp (INDB) reported interest expense borrowings of $10.87M in Q1 2026.
How has Independent Bank Corp's interest expense borrowings changed year-over-year?
Independent Bank Corp's interest expense borrowings increased by 55.8% year-over-year, from $6.98M to $10.87M.
What is the long-term trend for Independent Bank Corp's interest expense borrowings?
Over 4 years (2021 to 2025), Independent Bank Corp's interest expense borrowings has grown at a 64.2% compound annual growth rate (CAGR), from $5.39M to $39.17M.
What does interest expense borrowings mean?
This metric measures the interest expense specifically associated with wholesale funding sources, such as advances from the Federal Home Loan Bank or other institutional borrowings. It reflects the bank's reliance on non-deposit funding to support its balance sheet operations.