Independent Bank INDB released its Q4 earnings on Thursday, January 16, 2025 at 04:15 PM.
Here’s what’s important from the earnings announcement.
Earnings
Independent Bank beat estimated earnings by 4.0%, reporting an EPS of $1.21 versus an estimate of $1.16.
Revenue was down $311 thousand from the same period last year.
Performance in Previous Earnings
The company missed on EPS by $0.04 in the previous quarter, leading to a 5.0% drop share price change the next day.
Here’s a look at Independent Bank’s past performance:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.05 | 1.11 | 1.15 | 1.24 |
| EPS Actual | 1.01 | 1.21 | 1.12 | 1.26 |
| Revenue Estimate | 174.74M | 168.62M | 170.12M | 177.34M |
| Revenue Actual | 175.25M | 170.26M | 167.38M | 177.16M |
To track all earnings releases for Independent Bank visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Overview Rating:
Promising
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