Independent Bank Corp. (INDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Independent Bank Corp. (INDB) reported revenue of $167.38 million, down 10.6% over the same period last year. EPS came in at $1.12, compared to $1.36 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $171.8 million, representing a surprise of -2.57%. The company delivered an EPS surprise of -2.61%, with the consensus EPS estimate being $1.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...