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Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates
INDBIndependent Bank (INDB) ZACKS·2024-07-18 22:35

This quarterly report represents an earnings surprise of 9.01%. A quarter ago, it was expected that this holding company for Rockland Trust would post earnings of 1.15persharewhenitactuallyproducedearningsof1.15 per share when it actually produced earnings of 1.12, delivering a surprise of -2.61%. Independent Bank Corp., which belongs to the Zacks Banks - Northeast industry, posted revenues of 170.26millionforthequarterendedJune2024,surpassingtheZacksConsensusEstimateby0.70170.26 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.70%. This compares to year-ago revenues of 183.3 million. The ...