Compared to Estimates, Independent Bank Corp. (INDB) Q2 Earnings: A Look at Key Metrics

Core Insights - Independent Bank Corp. reported $181.8 million in revenue for Q2 2025, a year-over-year increase of 6.8% [1] - The EPS for the same period was $1.25, compared to $1.21 a year ago, exceeding the consensus estimate of $1.20 by 4.17% [1] - The revenue surpassed the Zacks Consensus Estimate of $179.81 million, resulting in a surprise of +1.11% [1] Financial Performance Metrics - Efficiency Ratio stood at 59.8%, slightly above the three-analyst average estimate of 59.6% [4] - Net interest margin (FTE) was reported at 3.4%, compared to the average estimate of 3.3% [4] - Total interest-earning assets averaged $17.67 billion, below the estimated $17.77 billion [4] - Total Non-Interest Income reached $34.31 million, exceeding the average estimate of $32.97 million [4] - Net Interest Income was $147.5 million, slightly above the estimated $146.94 million [4] - Interchange and ATM fees totaled $5 million, surpassing the average estimate of $4.76 million [4] - Deposit account fees were reported at $7.14 million, compared to the average estimate of $6.76 million [4] - Mortgage banking income was $1.07 million, exceeding the average estimate of $0.93 million [4] Stock Performance - Shares of Independent Bank Corp. returned +4.8% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]