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Independent Bank Corp. (INDB) Reports Q2 Earnings: What Key Metrics Have to Say
INDBIndependent Bank (INDB) ZACKS·2024-07-18 23:00

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Independent Bank Corp. (INDB) reported 170.26millioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof7.1170.26 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 7.1%. EPS of 1.21 for the same period compares to $1.42 a year ago. Efficiency Ratio: 58.5% versus the three-analyst average estimate of 59.6%. Ne ...