Independent Bank (US:INDB) ZACKSยท2025-07-14 14:16Core Insights - Independent Bank Corp. (INDB) is expected to report quarterly earnings of $1.20 per share, reflecting a decline of 0.8% year-over-year, while revenues are forecasted to increase by 5.6% to $179.81 million [1] Earnings Estimates - The consensus EPS estimate has been revised 4.2% higher in the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Financial Metrics - Analysts estimate an 'Efficiency Ratio' of 59.6%, up from 58.5% a year ago [5] - The 'Net Interest Margin (FTE)' is projected to remain at 3.3%, consistent with the same quarter last year [5] - 'Average Balance - Total Interest-Earning Assets' is expected to reach $17.77 billion, compared to $17.22 billion a year ago [6] - 'Total Non-Interest Income' is estimated at $32.97 million, up from $32.33 million year-over-year [6] - 'Net Interest Income' is forecasted to be $146.94 million, an increase from $137.93 million a year ago [6] Non-Interest Income Estimates - 'Interchange and ATM Fees' are expected to reach $4.76 million, slightly up from $4.75 million year-over-year [7] - 'Deposit Account Fees' are projected at $6.76 million, compared to $6.33 million last year [7] - 'Other Noninterest Income' is forecasted to be $6.18 million, down from $6.47 million a year ago [7] - 'Investment Management' is expected to reach $11.35 million, up from $10.99 million last year [8] Stock Performance - INDB shares have increased by 4% over the past month, aligning with the Zacks S&P 500 composite's 4% movement [8] - The stock holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [8]