Independent Bank (IBCP) Misses Q3 Earnings and Revenue Estimates

Independent Bank (IBCP) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of$ 0.76 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.47%. A quarter ago, it was expected that this bank holding company would post earnings of$ 0.71 per share when it actually produced earnings of $0.88, delivering a surprise of 23.94%.Over the last four quarter ...