An Overview of Independent Bank's Earnings

Independent Bank INDB is set to give its latest quarterly earnings report on Thursday, 2025-04-17. Here's what investors need to know before the announcement.

Analysts estimate that Independent Bank will report an earnings per share (EPS) of $1.16.

The market awaits Independent Bank's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

The company's EPS beat by $0.05 in the last quarter, leading to a 4.88% increase in the share price on the following day.

Here's a look at Independent Bank's past performance and the resulting price change:

Quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
EPS Estimate 1.16 1.05 1.11 1.15
EPS Actual 1.21 1.01 1.21 1.12
Price Change % 5.0% -5.0% 3.0% 2.0%

eps graph

Stock Performance

Shares of Independent Bank were trading at $55.24 as of April 15. Over the last 52-week period, shares are up 12.05%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Independent Bank visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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INDBIndependent Bank Corp
$58.04-0.55%

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