Independent Bank (IBCP) Reports Q3 Earnings: What Key Metrics Have to Say

Independent Bank (IBCP) reported $51.36 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 6.7%. EPS of $0.65 for the same period compares to $0.83 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $55.05 million, representing a surprise of -6.70%. The company delivered an EPS surprise of -14.47%, with the consensus EPS estimate being $0.76.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...