Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates

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 $1.15 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 $170.26 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 ...