Independent Bank Corp. company logo
Independent Bank Corp. logo

Independent Bank Corp. (INDB) Interest Expense

Annual Interest Expense

$291.02M$101.82M+53.81%

Summary

Current Value
As of today, INDB annual interest expense is $291.02M, up +53.81% on
Historical Performance
INDB annual interest expense is up +2021.63% over the past 3 years, and up +440.14% over the past 5 years
All-Time High Comparison
INDB annual interest expense is currently at its all-time high
3-Year Low Comparison
INDB annual interest expense is +883.49% above its 3-year low of $29.59M reached on an earlier date
Sector Comparison
INDB annual interest expense is higher than 86.97% of companies in Financial Services sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

INDB Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$291.02M+53.8%+2021.6%+440.1%+459.7%
Quarterly Interest Expense$91.41M+22.2%+1140.3%+1199.2%+873.4%
TTM Interest Expense$300.18M+6.7%+1644.2%+603.2%+608.5%
Price$74.81+17.7%-8.4%-6.4%+169.8%
Annual Interest Coverage Ratio1.85-30.7%-85.1%-63.4%+17.8%
Annual EBIT$538.15M+6.7%+215.8%+97.9%+558.4%
Annual Total Debt$757.91M-40.5%+250.4%+109.7%+17.1%
Annual Revenue$978.50M+6.8%+86.2%+75.4%+297.7%

Interest Expense Highs

INDB Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$291.02Mat high
5Y$291.02Mat high
All$291.02Mat high

Interest Expense Lows

INDB Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$29.59MN/A+883.5%
5Y$13.72M+2021.6%
All$9.79M+2873.6%

Interest Expense History

YearValueChange
$291.02M+53.8%
$189.21M+539.4%
$29.59M+115.7%
$13.72M-60.1%
$34.34M-36.3%
$53.88M+111.0%
$25.54M+39.3%
$18.33M-2.4%
$18.79M-8.8%
$20.62M+1.0%
$20.42M-12.5%
$23.34M-0.2%
$23.39M-18.4%
$28.67M-26.0%
$38.76M-25.4%
$52.00M-11.8%
$58.93M-7.3%
$63.56M-2.3%
$65.04M+30.6%
$49.82M+35.4%
$36.80M+13.1%
$32.53M-20.3%
$40.79M-25.1%
YearValueChange
$54.48M-1.7%
$55.42M+10.4%
$50.18M+1.2%
$49.57M+19.2%
$41.58M+28.5%
$32.35M+11.0%
$29.14M+7.6%
$27.09M+1.5%
$26.70M-16.5%
$31.97M-35.9%
$49.85M-19.6%
$61.97M+0.4%
$61.73M+25.1%
$49.37M+16.9%
$42.23M+12.7%
$37.47M+37.8%
$27.18M+11.0%
$24.49M+39.2%
$17.59M+15.8%
$15.19M+7.9%
$14.08M+43.8%
$9.79M-

FAQ

  • What is the current annual interest expense of INDB?

    As of today, INDB annual interest expense is $291.02M

  • What is 1-year change in INDB annual interest expense?

    INDB annual interest expense is up +53.81% year-over-year

  • What is 3-year change in INDB annual interest expense?

    INDB annual interest expense is up +2021.63% over the past 3 years

  • How far is INDB annual interest expense from its all-time high?

    INDB annual interest expense is currently at its all-time high

  • How does INDB annual interest expense rank versus sector peers?

    INDB annual interest expense is higher than 86.97% of companies in Financial Services sector

  • When is INDB next annual earnings release?

    The next annual earnings release for INDB is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. INDB Official Website www.rocklandtrust.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/776901/000077690125000302/0000776901-25-000302-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/776901/000077690125000093/0000776901-25-000093-index.htm
  4. INDB Profile on Yahoo Finance finance.yahoo.com/quote/INDB
  5. INDB Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/indb