Independent Bank Corp Earnings logo

INDB

Independent Bank Corp Earnings

$66.11

Earnings Summary

Revenue
$248.95Mn
Net Profits
$42.95Mn
Net Profit Margins
17.25%
Highlights
Revenue:

Independent Bank Corp’s revenue jumped 35.72% since last year same period to $248.95Mn in the Q3 2024. On a quarterly growth basis, Independent Bank Corp has generated 2.26% jump in its revenue since last 3-months.

Net Profits:

Independent Bank Corp’s net profit fell -29.37% since last year same period to $42.95Mn in the Q3 2024. On a quarterly growth basis, Independent Bank Corp has generated -16.33% fall in its net profits since last 3-months.

Net Profit Margins:

Independent Bank Corp’s net profit margin fell -47.96% since last year same period to 17.25% in the Q3 2024. On a quarterly growth basis, Independent Bank Corp has generated -18.18% fall in its net profit margins since last 3-months.

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 Q3 2024 earnings
Earning Per Share (EPS)
1.01
Dividend Per Share (DPS)
1.14
Highlights
Earning Per Share (EPS):

Independent Bank Corp’s earning per share (EPS) fell -26.81% since last year same period to 1.01 in the Q3 2024. This indicates that the Independent Bank Corp has generated -26.81% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Dividend Per Share (DPS):

Independent Bank Corp declared 1.14 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-10-17
1.06
1.01
-4.72%
2024-08-06
1.12
1.21
8.04%
2024-05-08
1.15
1.12
-2.61%