Independent Bank (IBCP) Surpasses Q2 Earnings Estimates

Independent Bank (IBCP) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.85%. A quarter ago, it was expected that this bank holding company would post earnings of $0.7 per share when it actually produced earnings of $0.74, delivering a surprise of +5.71%.Over the last four quarters, ...