What is Independent Bank Corp's interest expense, deposits?

Independent Bank Corp (INDB) reported interest expense, deposits of $67.64M in Q2 2026.

How has Independent Bank Corp's interest expense, deposits changed year-over-year?

Independent Bank Corp's interest expense, deposits increased by 13.0% year-over-year, from $59.84M to $67.64M.

What is the long-term trend for Independent Bank Corp's interest expense, deposits?

Over 4 years (2021 to 2025), Independent Bank Corp's interest expense, deposits has grown at a 139.6% compound annual growth rate (CAGR), from $8.33M to $274.4M.

Independent Bank Corp (INDB) Interest Expense, Deposits

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Other financials

Income statement

See full

Revenue$253.3M+39.3%

Net income$81.8M+60.1%

EPS (diluted)$1.70+41.7%

Balance sheet

See full

Cash & equivalents$1.0B+11.1%

Total debt$701.5M-7.6%

Total equity$3.5B+14.2%

Total assets$25.0B+24.6%

Cash flow

See full

Operating cash flow$73.4M-31.2%

CapEx$6.4M+52.5%

Free cash flow$67.0M-34.7%

Valuation

See full

Market cap$3.97B+23.6%

Enterprise value$3.67B+19.6%

P/E14.6×-2.4×

P/S4×-0.6×

Profitability

See full

Net margin27%+0.6pp

FCF margin30.3%+0.1pp

Returns & leverage

See full

Return on equity8.2%+1.9pp

Debt / equity0.2×0.0×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseDeposits.

The source filing: Independent Bank Corp’s 10-Q, filed August 6, 2026.

Filed: Aug 6, 2026, 4:15 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000776901-26-000129

Line item	Three Months Ended / June 30 / 2026	Three Months Ended / June 30 / 2025	Six Months Ended / June 30 / 2026	Six Months Ended / June 30 / 2025
Interest on federal funds sold and short-term investments	2,633	4,393	6,290	5,831
Total interest and dividend income	289,292	218,192	579,557	430,112
Interest expense
Interest on deposits	67,641	59,843	134,576	119,279
Interest on borrowings	10,724	10,853	21,595	17,832
Total interest expense	78,365	70,696	156,171	137,111
Net interest income	210,927	147,496	423,386	293,001
Provision for credit losses	6,250	7,200	11,750	22,200

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's interest expense, deposits?: Independent Bank Corp (INDB) reported interest expense, deposits of $67.64M in Q2 2026.
How has Independent Bank Corp's interest expense, deposits changed year-over-year?: Independent Bank Corp's interest expense, deposits increased by 13.0% year-over-year, from $59.84M to $67.64M.
What is the long-term trend for Independent Bank Corp's interest expense, deposits?: Over 4 years (2021 to 2025), Independent Bank Corp's interest expense, deposits has grown at a 139.6% compound annual growth rate (CAGR), from $8.33M to $274.4M.
What does interest expense, deposits mean?: Interest Expense, Deposits

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Independent Bank Corp INDB Interest Expense, Deposits

Interest Expense, Deposits at other companies

Other financials

Income statement

Balance sheet

Cash flow

Valuation

Profitability

Returns & leverage

Where this comes from

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