Independent Bank Corp. (INDB) Lags Q1 Earnings and Revenue Estimates

Independent Bank Corp. (INDB) came out with quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.61%. A quarter ago, it was expected that this holding company for Rockland Trust would post earnings of $1.25 per share when it actually produced earnings of $1.26, delivering a surprise of 0.80%.Over the ...