INDB

Independent Bank Corp Earnings

$54.31

Earnings Summary

Revenue	$174.92Mn
Net Profits	$50.03Mn
Net Profit Margins	28.6%
PE Ratio	11.86

Highlights

Revenue:

Independent Bank Corp’s revenue fell -15.57% since last year same period to $174.92Mn in the Q4 2024. On a quarterly growth basis, Independent Bank Corp has generated -29.74% fall in its revenue since last 3-months.

Net Profits:

Independent Bank Corp’s net profit fell -8.7% since last year same period to $50.03Mn in the Q4 2024. On a quarterly growth basis, Independent Bank Corp has generated 16.5% jump in its net profits since last 3-months.

Net Profit Margins:

Independent Bank Corp’s net profit margin jumped 8.13% since last year same period to 28.6% in the Q4 2024. On a quarterly growth basis, Independent Bank Corp has generated 65.81% jump in its net profit margins since last 3-months.

PE Ratio:

Independent Bank Corp’s price-to-earnings ratio after this Q4 2024 earnings stands at 11.86.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Independent Bank Corp post its latest quarter earnings

EPS Estimate Current Quarter	1.16
EPS Estimate Current Year	1.16

Highlights

EPS Estimate Current Quarter:

Independent Bank Corp’s earning per share (EPS) estimates for the current quarter stand at 1.16 - a 9.43% jump from last quarter’s estimates.

EPS Estimate Current Year:

Independent Bank Corp’s earning per share (EPS) estimates for the current year stand at 1.16.

Key Ratios

Key ratios of the Independent Bank Corp post its Q4 2024 earnings

Earning Per Share (EPS)	1.21
Return on Assets (ROA)	0.01
Return on Equity (ROE)	0.07
Dividend Per Share (DPS)	0.57

Highlights

Earning Per Share (EPS):

Independent Bank Corp’s earning per share (EPS) fell -3.97% since last year same period to 1.21 in the Q4 2024. This indicates that the Independent Bank Corp has generated -3.97% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Independent Bank Corp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Independent Bank Corp’s return on equity (ROE) stands at 0.07.

Dividend Per Share (DPS):

Independent Bank Corp declared 0.57 dividend per share during the earnings announcement for Q4 2024.